Process to Apply Bajaj Finserv Gold Loan in Coimbatore


Are you planning to buy gold for your wedding? If yes, then you need to apply for a Bajaj Finserv gold loan in Coimbatore. It is the safest way to obtain funds for your dream wedding. You can also use this loan for other purposes like education, business expansion, or wedding. But before you apply for the loan, you must know the process first. Read on to find out the process of Bajaj  Loan in Coimbatore.

How to Apply for a Gold loan?

To apply for a gold loan in Coimbatore, first, you should go to the official website of Bajaj Finserv. You can find the gold loan tab at the top of the website. Once there, you will have to fill out the application form and provide the OTP (one-time-password) that you received through SMS. Once this process is complete, you will receive your gold loan in Coimbatore.

Age Factor:

To apply for a gold loan, you need to be at least 21 years old. The age limit is between 21 and 70 years. The type of gold that you pledge will determine how much the lender will offer you. The purity of the gold determines how much you can borrow. In addition, the lender will check the purity of your gold and determine the amount of your loan. The repayment term can be as short as six months or as long as three years.

You can apply for a gold loan at a local bank branch. You’ll need to provide your gold and some basic documents (such as your PAN card and Aadhar Card) and be approved for a loan. Once you’ve received your approval, you’ll receive the money in your bank account. You can also apply for an online digital platform.

  • A gold loan is one of the fastest-growing financial services in the banking industry. Whether you want to buy a gold and  ring, or an expensive diamond earring, you can unlock the value of your gold by taking out a Loan Against Gold. You can then use this cash for any purpose. There are many factors involved in the calculation of your loan interest rate, including the amount of money you’re borrowing, the quality of your gold, and your relationship with the lending bank.
  • Using the calculator will save you a lot of time and effort and will give you the most accurate results. It will even give you alternate options if your desired amount is not available in the bank. 

How To Get Approval For A Gold Loan?

To get approval for a gold loan, you need to have a good credit score. The lender will check your credit report and compare it with their lending criteria. They will give you a shortlist of lenders. Then you need to choose the one that suits your requirements. You should be able to pay the loan amount within your budget. A small loan will have a higher interest rate than a large one. Similarly, a larger loan will have a lower interest rate.

Some banks offer the lowest interest rate or gold loan rate on  loans. LTV ratios range between 75%. You can apply for a  loan through any of these banks. The loan amount ranges from Rs. 25000 in urban areas to Rs. 10000 in rural areas. Whether you need a small loan or a large one, HDFC Bank has you covered.You should also remember that the processing fees for gold loans are around two percent of the loan amount. The length of the loan will vary from six months to 48 months. 


You can also pre-pay your loan or use any surplus amount for other purposes, such as a new car or renovations. Once you’ve received your approval, you can begin the process to apply for a Bajaj Finserv gold loan in Coimbatore.The rate of gold per gram will vary depending on the purity of the metal.

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