Bajaj Finance Gold Loan – Product Overview

Bajaj Finance Ltd, a deposit‑taking NBFC‑D and subsidiary of Bajaj Finserv Ltd, issued a press release on 14 September 2026 explaining the features of its gold loan product. Borrowers can pledge eligible gold jewellery, ornaments or coins to obtain financing ranging from Rs 5,000 to Rs 2 crore. The loan amount is determined by the gold valuation, applicable Loan‑to‑Value (LTV) limits, and the borrower’s eligibility criteria.

The interest rate for the gold loan starts at 9.50% per annum. The rate applicable to an individual borrower may vary within the stated range, and it directly influences the total interest payable over the chosen repayment period. Borrowers are advised to also consider processing fees and any other charges as part of the overall borrowing cost.

Repayment Tenure

The repayment tenure is flexible, beginning at 1 day and extending up to 12 months for interest‑servicing plans. The exact tenure available to a borrower depends on the selected repayment arrangement, allowing borrowers to align repayments with their cash‑flow situation.

Online Calculators

Bajaj Finance provides two online tools: a gold loan calculator and a gold rate calculator. The gold loan calculator requires the user to (1) enter the desired loan amount, (2) input the applicable interest rate, (3) select the repayment tenure, and (4) review the estimated interest repayment. The gold rate calculator helps borrowers estimate the potential loan amount by considering the assessed gold purity, eligible weight, applicable LTV, and the valuation methodology. Results from both calculators are indicative and intended for planning purposes only.

Gold Valuation Methodology

The final sanctioned loan amount is confirmed only after physical assessment of the pledged gold. Bajaj Finance uses the lower of the previous day’s closing price or the 30‑day average closing price for the relevant gold purity, as published by the Indian Bullion and Jewellers Association (IBJA) or a SEBI‑regulated commodity exchange. Eligible loan size is therefore a function of gold weight, purity, LTV limits, and the valuation outcome.

Company Profile

Bajaj Finance Ltd is registered with the Reserve Bank of India (RBI) as an NBFC‑D and classified as an NBFC‑Investment and Credit Company (NBFC‑ICC). The company operates a diversified lending portfolio across retail, SME and commercial segments, serving 69.14 million customers nationwide. It holds the highest domestic credit ratings of AAA/Stable for long‑term borrowing and A1+ for short‑term borrowing, with additional ratings of CRISIL AAA/Stable, ICRA AAA/Stable, and S&P Global BB+/Positive (long‑term) and B (short‑term).

Key Takeaways

  • Interest rate starts at 9.50% p.a.; final rate may vary within the disclosed range.
  • Tenure options from 1 day to 12 months enable flexible repayment scheduling.
  • Online calculators provide preliminary interest and loan‑size estimates based on entered parameters and gold valuation data.
  • Final loan approval is contingent on physical gold assessment and adherence to LTV and valuation guidelines.