Features and benefits of gold loan in Rajkot
Our gold loan offers several benefits such as:
- Part-release facility
With our gold loan 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 your gold jewellery 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.
How to apply for a gold loan in Rajkot?
Applying for a gold loan in Rajkot is quick and easy. To begin, visit your nearest Bajaj Finserv Gold Loan branch with your gold jewellery and valid KYC documents. Your gold will be carefully assessed by trained professionals using advanced tools, taking into account both its purity and the prevailing gold rate in Rajkot to determine the eligible loan amount. Once the evaluation is completed, a simple KYC process is carried out for verification.
Following approval, the loan amount is disbursed quickly—often on the same day—helping you access funds without unnecessary delays. To apply online, follow the steps below and get the financial support you need with confidence:
- Click on ‘APPLY’ 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 Rajkot
Anyone can apply for a gold loan for farming, business needs, medical emergencies and more, as long as they meet the basic 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 Rajkot
The gold loan interest rate in Rajkot represents the cost of borrowing against your gold jewellery. With Bajaj Finance, you can avail of a gold loan interest rate starting at 9.50% per annum, ensuring a cost-effective and flexible solution to meet your financial needs.
A gold loan can be a valuable financial tool in times of need. However, it is essential to consider certain factors that can impact your borrowing experience.
- Market conditions: Fluctuations in market demand can impact interest rates as well as the value of the gold loan per gram.
- Gold rates: The market rate of gold also affects the interest rates on gold loans, as they directly impact the value of the gold jewellery offered as collateral.
- Repayment frequency: The frequency of the interest payments on your gold loan also impacts the interest rate.
Uses of loan against gold in Rajkot
A gold loan in Rajkot provides a fast and reliable way to access funds for various financial needs. It requires minimal paperwork and offers quick disbursal, making it a practical option for those who need money urgently without having to sell their gold jewellery.
- Medical emergencies – In urgent health-related situations, such as surgeries or hospitalisation, a gold loan helps arrange funds instantly, making it an ideal support during emergencies.
- Education expenses – Whether it is for school fees, college tuition, or international studies, a gold loan allows students or parents to manage education costs without disturbing long-term savings.
- Debt repayment – Using a gold loan to consolidate high-interest debts or clear pending credit card bills helps reduce financial stress and manage repayments better.
- Home improvement – You can finance home repairs, upgrades, or renovations conveniently using a gold loan in Rajkot.
- Wedding costs – From booking venues to purchasing jewellery, a gold loan can cover major wedding-related expenses without delays.
With multiple repayment options and no requirement to sell your gold, a gold loan in Rajkot offers financial flexibility while keeping your jewellery safe and secure.
How to calculate your gold loan in Rajkot
A gold loan calculator is a convenient online tool designed to help you estimate the loan amount you may be eligible for based on the gold you wish to pledge. By entering key information such as the weight of your gold jewellery and its purity (for example, 18K, 22K, or 24K), the calculator uses the current gold rate in India to generate an approximate loan value. This quick estimate helps you understand how much funding you can expect before applying.
In addition to calculating the loan amount, the tool allows you to input your preferred interest rate and loan tenure. This helps you see the total repayment amount and the interest you would need to pay over the selected period. As a result, it becomes easier to plan your finances and choose a repayment option that suits your budget.
One of the main benefits of using a gold loan calculator is that it offers transparency and accuracy. You get a clear idea of your gold loan eligibility without needing to visit a branch or speak to a loan officer. It is especially helpful for those looking to make quick yet informed decisions about borrowing money against their gold assets.
What makes it useful:
- Instant loan estimates based on gold weight and purity
- Simple to use with minimal input needed
- Transparent results with no hidden information
- Available online anytime for your convenience
How to use the gold loan calculator:
- Enter the total weight of your gold in grams
- Select the purity (18K, 22K, or 24K)
- View the estimated loan amount
- Adjust the interest rate and tenure to see repayment details
This calculator is a great way to check how much loan you can get against your gold in Rajkot.
Why choose Bajaj Finance to avail a gold loan in Rajkot?
Bajaj Finance provides a seamless and user-friendly process for availing of a gold loan in Rajkot, designed to suit the needs of individuals who require funds urgently. The application process is straightforward and involves minimal documentation, which helps speed up approval and disbursal. This makes it especially convenient for those looking for immediate financial support without going through lengthy procedures.
In addition to the quick processing, Bajaj Finance offers several customer-centric features to make the borrowing journey smoother. Borrowers can choose from a range of flexible repayment options based on their convenience, such as paying only interest during the tenure and settling the principal at the end. The terms and conditions are clearly stated, ensuring full transparency with no hidden charges.
These features make Bajaj Finance a trusted and practical choice for those seeking a gold loan in Rajkot. Whether you need funds for education, home repairs, or medical emergencies, you can rely on a gold loan from Bajaj Finance to offer a secure solution while keeping your gold safe. With a strong focus on customer satisfaction and financial flexibility, it stands out as a preferred lender in the region.
Bajaj Finserv Gold Loan branches in Rajkot
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.
