Celebrate Dussehra with Bajaj Finserv Gold Loan: Easy approvals and quick disbursals

Gold has always been a sign of prosperity and security in Indian homes. During festivals like Dussehra, this is even more important, as families manage expenses while keeping traditions alive. Today, gold can also help access quick funds through a gold loan. By pledging 18-22 karat gold jewellery, one can borrow anywhere from Rs. 5,000 to Rs. 2 crore for planned or unexpected needs without selling their precious gold jewellery. Bajaj Finance has made the process simple, with faster applications, quick approvals, and smooth disbursals, so borrowers can focus on enjoying the festive season.

Gold loans as a wise financial option

A gold loan is a secured loan where individuals pledge their gold jewellery to get funds quickly. It offers flexibility, quick disbursal, and lower interest rates compared to many unsecured loans. During festive occasions like Dussehra, when expenses often increase, a gold loan can be an ideal solution. Instead of disturbing savings or investments, people can use the value of their gold for financial support and apply for a gold loan with Bajaj Finance.

Bajaj Finserv Gold Loan: Easy to apply and quick approval

Bajaj Finserv Gold Loan is designed to make borrowing hassle-free. One of the key highlights is its simple application process, which ensures that individuals can access funds without delay. Customers can apply online via the Bajaj Finserv App or website or visit a nearby Bajaj Finserv Gold Loan branch. The loan is approved after basic verification and evaluation of the pledged jewellery. Once the gold is evaluated for its purity, a loan amount is offered and if agreed upon by the applicant, the funds are often disbursed on the same day, which is crucial during emergencies or festive spending.

Eligibility criteria made simple

Applying for a Bajaj Finserv Gold Loan does not involve complicated eligibility conditions or lengthy paperwork. Any Indian citizen between the ages of 21 and 70 years with 18-22 karat gold jewellery to pledge can apply. Unlike other forms of credit, there is no need to show income proof or maintain a high credit score. The loan is secured against gold jewellery, making it accessible to a wider range of people, including those without a stable monthly income.

Gold loan documents required

The gold loan documents needed are minimal. Customers are usually asked to provide any one of the following KYC documents:

• Aadhaar card
• Voter ID
• Passport
• Driving licence
• NREGA job card
• Letter from the National Population Registration

These simple requirements make it easier for individuals to complete their gold loan application process in just a few steps.

Features that make Bajaj Finserv Gold Loan stand out

1. Competitive interest rates – Bajaj Finance offers attractive interest rates, ensuring borrowers pay less over time.

2. Multiple repayment options – Customers can choose to pay the interest on a monthly, bi-monthly, quarterly, half-yearly, or annual basis and settle any pending interest or principal at loan maturity.

3. Easy foreclosure – Borrowers can choose to part prepay or foreclose the loan at no additional costs.

4. High loan-to-value (LTV) ratio – The loan amount depends on the purity and weight of the gold, ensuring maximum value for customers.

5. Security of gold – The pledged jewellery insured against loss and theft and is stored safely with full transparency and care.

How to apply for a Bajaj Finserv Gold Loan?

A gold loan is a simple and cost-effective way to meet these needs without disturbing the savings or investments. With competitive interest rates, easy documentation, and fast processing, the Bajaj Finserv Gold Loan is the perfect solution for festive financial planning. To apply online, follow these simple steps:

Step 1: Click on ‘Apply’ on the Bajaj Finserv Gold Loan page or the Bajaj Finserv App

Step 2: Enter 10-digit mobile number and click on ‘Get OTP’

Step 3: Submit the OTP for identity verification

Step 4: Fill in the applicant details and choose the nearest gold loan branch

Step 5: Download the in-principal eligibility letter

Once done, applicants will receive a call from their loan experts to guide them on the next steps.

Conclusion

Gold loans have grown to become one of the most reliable financial options for Indian households. Bajaj Finance has simplified the gold loan process, making it easy for people to access quick funds without unnecessary delays. With minimal paperwork, convenient repayment options, and competitive interest rates, Bajaj Finserv Gold Loan is a wise option for those looking to balance festive joy with financial responsibility this Dussehra.

Apply for a Bajaj Finserv Gold Loan today!

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About Bajaj Finance Limited

Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 80.41 million customers. Bajaj Finance has a credit rating of AAA/Stable for its Fixed Deposit program from CRISIL and ICRA, AAA/Stable for long-term borrowing from CRISIL, India Ratings, CARE and ICRA, and A1+ for short-term borrowing from CRISIL, India Ratings and ICRA. It has a long-term issuer credit rating of BBB-/Stable and a short-term rating of A-3 by S&P Global ratings.

To know more, visit www.bajajfinserv.in.

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