In Kerala, India, gold is a highly valued asset, especially during the Onam festival, where it symbolizes prosperity and pride. To cater to the growing demand for gold loans, new rules were introduced in 2025 to make the process more secure and transparent. Bajaj Finance offers gold loans up to Rs. 2 crore at competitive interest rates and convenient repayment options. The loan amount depends on the purity and weight of the gold, as well as the prevailing gold rate.
Applying for a gold loan is simple and requires minimal documentation. To be eligible, one must be an Indian citizen aged between 21 and 70 years, own gold ornaments of 18 to 22 karats, and submit any one of the required documents, such as an Aadhaar card, voter ID, or passport. The online application process is also available, and borrowers can get approved often within one branch visit.
Bajaj Finserv Gold Loan offers quick approval, simple documentation, and no foreclosure or prepayment charges. The loan can be used for any need, such as home decoration, managing medical or education expenses, or meeting festive expenses. The company also provides a gold loan eligibility calculator to help determine the loan amount instantly.
The gold rate plays a significant role in determining the loan amount, and borrowers can get a higher loan amount when gold prices are high. Bajaj Finance has a credit rating of AAA/Stable for its Fixed Deposit program and is a leading player in the NBFC sector in India.
To apply for a Bajaj Finserv Gold Loan, individuals can follow simple steps, including clicking on the ‘Apply’ button on the company’s website or app, entering their mobile number, and submitting the required documents. Once done, applicants will receive a call from loan experts to guide them on the next steps.
Overall, a gold loan is a smart way to manage expenses, especially during festive seasons like Onam, without disturbing savings or investments. With competitive interest rates, easy documentation, and fast processing, Bajaj Finserv Gold Loan is the perfect solution for festive financial planning. Individuals can visit the nearest Bajaj Finserv Gold Loan branch in Kerala or apply online to enjoy quick funds and a hassle-free experience.