How Does Bajaj Finserv Gold Loan Work? - Loan Trivia

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Wednesday 2 March 2022

How Does Bajaj Finserv Gold Loan Work?

Bajaj Finserv Gold Loan


You may be in a financial crisis, run out of cash, or go through hard times; you are required to make some solid plan to face your financial circumstances. In that case, you can avail gold loan facility to get gold loan finance of your desired amount against your gold. You can pledge your gold as a security in the bank.

The Eligibility:

You can apply for gold loan finance between 21 and 70 years of age. Your profession will not be a barrier to possessing the loan. It would help meet the basic eligibility to apply for a gold loan.

The Required Documents:

After you check your gold loan eligibility to apply for loan against gold, the next step will be to submit KYC details by visiting the nearest branch or calling a customer service provider to avail of doorstep application services. If you are well-conversant with the internet, you can apply online as well. 

Valuation of Gold at The Time of Pledging:

When pledging your gold to get a loan against it, your gold will be examined in a carat meter to check its purity and weight. According to NBFC rules, your assets will be valued by the in-house evaluation process and kept in a solid world-class room with the highest safety. 

Terms of Repayment

The loan manager or executive will ask you to choose the repayment structure as per your convenience and financial condition during the sanction process. You are free to select your preferred mode of payment. You can also deposit the total amount of interest of your gold loan valuation at the beginning and the principal amount after completion of the tenor.


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