Nagpur is a culturally vibrant city in Maharashtra, famous for its agriculture and modern urban lifestyle. It is nicknamed the "Orange City" and boasts impressive landmarks such as the hollow stupa and zero mile. The city also features beautiful National Parks and Tiger Reserves.
Gold is culturally significant in Nagpur, representing wealth and status. The city has a strong tradition of wearing gold jewellery during weddings and festivals, displaying detailed craftsmanship that combines both traditional and modern styles. In Nagpur, gold is more than just an item – it is a cherished part of the city's cultural heritage.
Gold loan in Nagpur have become a favoured and convenient financial choice. People in Nagpur prefer gold loans due to their flexibility and ease, offering a convenient way to access funds without having to give up ownership of their valuable jewellery.
So, if you are looking for quick funds, check your eligibility for gold loan to get maximum value for your gold. Bajaj Finserv Gold Loan offers you an online application for gold loan. You can avail funds starting from Rs. 5,000 up to Rs. 2 crore with interest rates starting at just 9.50% p.a. With our gold loan, you can meet all your planned and unplanned expenses with great ease.
Features and benefits of gold loan in Nagpur
Our gold loan offers several benefits such as:
- Part-release facility
With our part-release facility, you can repay a part of your loan and take part of your gold jewellery back before the end of your loan tenure. - No part-prepayment or foreclosure fee*
Repay a part of your loan in advance or pay the entire amount at no extra cost. - Transparent evaluation
We use the most advanced karat metres across all our branches to make sure you get the most value for your gold. - Free insurance for gold
Our free insurance covers against theft or misplacement of your gold jewellery while it is in our custody. - Convenient repayment options
We offer multiple repayment options where you may choose to pay interest on a monthly, bi-monthly, quarterly, half-yearly, or annual basis as per your convenience. Please note that the principal amount and pending interest, if any, will be due for payment at the time of loan maturity. - Easy application process
Apply for a gold loan online. Our representatives will help you with your application when you visit our Gold Loan branch in your city. - Gold loan of up to Rs. 2 crore
We offer instant gold loans starting from Rs. 5,000 up to Rs. 2 crore. You can choose the amount that suits you best from the offer extended to you. - 800 branches and growing
We have recently opened 60 new branches and are adding more across India. We are also opening new branches in the cities that we operate in. - Quick approval and disbursal: Get loan in just one visit to the branch. Once the documents are verified and gold is evaluated, the loan is disbursed in few hours.
How to apply for a gold loan in Nagpur?
By following the steps below and understanding the benefits and requirements, you can efficiently secure a gold loan in Nagpur to meet your financial needs.
- Click on ‘APPLY’ located at the top of this page to open our online application form
- Enter your 10-digit mobile number and click on ‘GET OTP’
- Submit the OTP to verify your identity
- Select your state and city to find the branch nearest to you
- Enter your full name and date of birth as per your PAN
- Set up your appointment at our branch
Once done, you will receive a call from our representative to confirm your appointment and guide you on the next steps.
Eligibility criteria and documents required to apply for gold loans in Nagpur
Anyone can apply for a gold loan for farming, business needs, medical emergencies and more, as long as they meet the basic gold loan eligibility criteria. You just need to be an Indian citizen between the ages of 21 years to 70 years. You need to submit any one of the following KYC documents to complete your application process:
- Aadhaar card
- Voter ID card
- Passport
- Driving licence
- NREGA job card
- Letter issued by National Population Registration
Though the PAN card is not a mandatory requirement, if you apply for a gold loan of Rs. 5 lakh or above you will be asked to submit your PAN card as well.
Gold loan interest rates and charges in Nagpur
Bajaj Finance offers gold loans in Nagpur with interest rates starting from 9.50%* per annum, ensuring affordability. The terms are 100% transparent, with no hidden charges, making borrowing hassle-free. Borrowers can access funds quickly with minimal documentation, making it an ideal option for urgent financial needs. Additionally, flexible repayment options allow easy loan management, ensuring convenience. The loan amount is determined based on the gold loan rate in Nagpur, considering the purity and weight of pledged gold. With a secure process and competitive rates, Bajaj Finance provides a seamless borrowing experience for those looking for a gold loan.
Know all about our gold loan interest rates and charges before applying.
How to calculate your gold loan in Nagpur
The Bajaj Finserv Gold Loan Calculator is an online tool that you can use to calculate your gold loan interest rate and loan term. One of the key benefits of using our gold loan calculator is that it provides you with precise loan estimates based on the gold loan rate per gram. The calculator simplifies the process. Input your gold's weight or desired loan amount, and it provides an immediate estimate of the maximum loan amount available.
Why choose Bajaj Finance to avail a gold loan in Nagpur?
Bajaj Finance provides a seamless borrowing experience with its hassle-free gold loan application process in Nagpur. With minimal documentation and quick approval, borrowers can access funds without unnecessary delays, making it an ideal solution for urgent financial needs. The loan is available at competitive interest rates, ensuring affordability for customers.
Additionally, Bajaj Finance offers multiple repayment options, allowing borrowers to choose a plan that suits their financial situation. The transparent terms and conditions further enhance trust and reliability. Whether for medical emergencies, business expansion, education, or other personal expenses, a gold loan in Nagpur provides an efficient and flexible credit option.
With loan amounts determined by the gold loan rate in Nagpur, customers receive the best value for their pledged gold. Bajaj Finance ensures a secure and customer-focused process, making it the preferred choice for availing of a gold loan in Nagpur with convenience and flexibility.
Uses of loan against gold in Nagpur
A loan against gold in Nagpur provides quick financial assistance for various needs. With minimal paperwork and attractive gold loan interest rates in Nagpur, borrowers can utilise funds efficiently.
- Business expansion – Entrepreneurs can use a gold loan in Nagpur to invest in inventory, working capital, or operational costs.
- Medical emergencies – Quick approval ensures urgent medical expenses are covered without financial strain.
- Education expenses – A gold loan per gram in Nagpur helps parents and students manage tuition fees, course costs, and hostel charges.
- Debt consolidation – Borrowers can settle high-interest debts by availing low interest gold loans in Nagpur.
- Home renovation – Upgrade or repair your home with a gold finance in Nagpur solution.
With the best gold loan in Nagpur, you can meet planned and unforeseen expenses effortlessly.
Know more about gold loans in Indian states and Union Territories
Know more about gold loan in other cities
Visit the nearest Bajaj Finserv Gold Loan branch in your city.
