A gold loan is a kind of secured loan that you can get from lenders like banks or Non-Banking Financial Companies (NBFC). You can pledge your gold jewellery, ornaments and coins as collateral and get a loan against the gold by following our hassle-free process. The loan amount is decided after checking the weight and purity of your gold collateral. The loan amount provided by the lender is up to 85% of the value of your gold collateral. The gold rate is calculated based on the lower of : (a) the average closing price for gold of that specific purity over the preceding 30 days, or (b) the closing price for gold of that specific purity on the preceding day, as published either by the India Bullion and Jewellers Association Ltd. (IBJA-www.ibjarates.com) or by a commodity exchange regulated by the Securities and Exchange Board of India (SEBI) shall be used.
If price information for the specific purity is not directly available, BFL shall use the published price available for the nearest available purity and proportionately adjust the weight of the collateral based on its actual purity to arrive at valuation.

Getting a loan against your gold jewellery is one of the easiest ways to meet any unplanned expense. To get a gold loan from Bajaj Finance ltd, you can apply online, and we will call you and guide you on the next steps or you could simply visit the nearest gold loan branch in your city.  

All salaried & self-employed individuals and pensioners can apply for a Bajaj Finance Gold Loan. You must be between 21 and 80 years of age and have gold jewellery, ornaments  of 18 to 22 carat and coins upto 24 karat

You should apply for a gold loan when you need money for your planned or unplanned expenses. A gold loan is a form of a secured loan. It may be a good option if you already have an ongoing loan. You can apply for one by pledging the gold jewellery you may have at your home.  

Walk into the nearest Bajaj Finance Gold Loan Branch in your city. You can also start by completing the simple application form. 

BFL shall not grant any advance or loan against the following:

• For purchase of gold in any form including primary gold, ornaments, jewellery, or coins, or for purchase of financial assets backed by gold, e.g., units of Exchange-traded funds (ETFs) or units of Mutual Funds


• Primary gold or financial assets backed by primary gold