Gold Loan Interest Rate

A gold loan interest rate is the cost of borrowing money by using your gold jewellery as collateral. In India, gold loans are a popular choice for quick access to funds. With Bajaj Finance, you can get a gold loan with interest rates starting from 9.50% to 24% per annum, making it an affordable option for meeting various financial needs.
 

Bajaj Finance provides multiple repayment options, including monthly, bi-monthly, quarterly, half-yearly or annually. This flexibility allows you to choose a plan that best suits your cash flow, making it easier to manage payments. The application process is simple, and approvals are quick, making it ideal for those who need funds urgently.
 

With Bajaj Finance, all costs are transparent, you know exactly the amount repay. For anyone looking to make the most of their gold’s value, Bajaj Finserv Gold Loan offers a practical, easy-to-access solution for both short-term and long-term financial needs.
 

A gold loan interest rate is the cost you pay for borrowing money against your gold ornaments. It plays a crucial role in deciding how affordable the loan will be. Bajaj Finance offers one of the best gold loan interest rates in India, starting at just 9.50% per annum. If you are looking ahead, the gold loan interest rate 2025 is expected to stay competitive, making it a smart option for financial planning.
 

With loan amounts ranging from Rs. 5,000 up to Rs. 2 crore, Bajaj Finserv Gold Loan offers a flexible and accessible financing solution. You can select from various repayment options—monthly, bi-monthly, quarterly, half-yearly, or even annually—based on your cash flow.

The process is simple, approval is fast, and all charges are transparent. For short-term or long-term needs, this is an ideal way to unlock your gold’s value without selling it.
 

Features of a gold loan interest rate
 

When choosing a gold loan, understanding the features of the interest rate is important. Bajaj Finserv Gold Loan offers a simple and transparent interest rate structure to make repayment easy and manageable. The rates start from 9.50% to 24% p.a. and can vary depending on your loan amount, the gold value, and the loan tenure.
 

Here are some key features of Bajaj Finserv Gold Loan interest rates:

• Competitive starting rate: Interest rates begin from just 9.50% p.a., making the loan affordable.
• Value-based pricing: The rate is based on the amount you borrow and the purity and value of your gold.
• Multiple repayment: Choose from different interest repayment options like monthly, bi-monthly, quarterly, half-yearly or annually, with any principal amount and pending interest payable before maturity.
• No hidden charges: Transparent pricing with clear terms and conditions.
• Quick disbursal: Funds are transferred quickly once your gold is evaluated.
   

These features make it easier to borrow confidently and repay comfortably.

When taking a gold loan, it is important to know what affects the interest rates. A gold loan can be a helpful financial option in times of need, but understanding these factors allows you to make better decisions and manage your loan wisely.

• Loan amount: Higher loan amounts may attract lower interest rates due to reduced risk per gram of gold.
• Loan-to-value (LTV) ratio: A higher LTV means more risk for the lender, which can result in a higher interest rate.
• Loan tenure: Shorter tenures often come with lower interest rates compared to longer repayment periods.
• Gold purity: Higher purity (like 22K) fetches better valuation, possibly impacting the interest rate positively.
• Repayment history: Good credit behaviour and timely repayment can lead to better interest rate offers.
• Lender’s internal policy: Bajaj Finance and other lenders may revise rates based on their lending strategy and market conditions.
• Mode of repayment: Some lenders may offer better rates for EMI-based repayments versus bullet repayments.
   

When opting for a gold loan, it’s essential to carefully consider the gold loan interest rate in India and choose a repayment plan that aligns with your financial situation so that your loan remains manageable over time. As gold rates fluctuate, so does the value of the gold jewellery you offer as collateral. When gold prices are high, lenders may offer lower gold loan interest rates because the collateral holds more value.

Curious about your loan eligibility? Enter your mobile number to see how much you can get for your gold.

Eligibility criteria 

With us, the gold loan eligibility is easy to meet and you just have to: 
 

• Be an Indian citizen
• Be aged between 21 to 70 years
• Have 18-22 karat gold jewellery to pledge

Documents required 
 

To apply for a gold loan with Bajaj Finance, you just need any one of the following documents: 
 

• Aadhaar card 
• Voter ID 
• Driving licence 
• Passport 
• NREGA job card 
• Letter from the NPR  

Gold loan interest rate and loan-to-value (LTV) ratio

The loan-to-value (LTV) ratio directly influences the gold loan interest rate and your overall loan eligibility. It refers to the percentage of your gold’s market value that a lender is willing to offer as a loan. Bajaj Finance typically offers up to 75% of the gold’s value, depending on purity and market conditions.

A higher LTV may result in slightly higher gold loan interest rates, while a lower LTV can offer better terms. Your gold loan per gram value is determined using today’s gold rate, helping you estimate your eligible amount easily.
 

Here are key points to understand:

• LTV is calculated based on gold purity and weight
• Higher LTV may impact gold loan charges and gold loan interest rate
• The gold loan rate today affects your final loan offer
• Lower LTV can help reduce gold loan rate of interest
• Always check gold loan processing fee and foreclosure charges for clarity
   

Using tools like the Bajaj Finserv Gold Loan Calculator helps you plan better.

How gold loan interest rates are calculated
 

Gold loan interest rates depend on factors like gold purity, weight, loan amount, tenure, and lender policies. Use the online gold loan calculator offered by Bajaj Finance to check your gold loan eligibility and estimate your interest rate. Enter gold weight or preferred amount, select repayment frequency, and view real-time interest and gold value required.

For example, a ₹1,50,000 loan at 12% p.a. will cost ₹18,000 in annual interest, or ₹1,500 monthly. This tool helps you plan smartly and compare low gold loan interest rates.
 

While today’s gold loan rate offers an estimate, visit your nearest Bajaj Finance branch for a personalised offer and full breakdown.

*Do note that the results generated by the calculator are indicative and may differ from the final loan offer at the time of application.

How to get a lowest gold loan interest rate?
 

To secure a low gold loan interest rate, it is essential to compare offers from top lenders. Bajaj Finance is known for offering competitive gold loan rates with transparent gold loan charges and flexible repayment options.
 

Key points to consider:
 

• Compare gold loan rate of interest across lenders before applying.
• Choose lenders offering better rates for higher loan amounts and shorter tenures.
• A shorter tenure usually results in lower overall interest.
• Check gold loan processing fee, foreclosure charges, and other charges of gold loan.
• Your credit profile may affect the final gold loan interest rate, even for secured loans.
• A clean repayment history improves your gold loan eligibility.
• Always use online tools to evaluate gold loan per gram and choose the best option.
   

Plan smartly to enjoy low interest rate and charges on gold loan.

To apply online, just follow these easy steps:

1. Click on “Apply” to initiate online application.
2. Enter your 10-digit mobile number and click on “Get OTP.”
3. Submit the OTP to verify your identity.
4. Fill in your personal details and select the nearest gold loan branch.
5. Download In-principal loan eligibility letter.

Once done, you will receive a call from our representative and guide you on the next steps.

It takes just 2 steps to check your eligibility for a Bajaj Finserv Gold Loan. Enter your mobile number now.