Gold loans have become a highly preferred financial option in Solapur, providing a combination of flexibility and convenience for those needing immediate funds while retaining ownership of their valuable jewellery. Here are the key features and benefits of taking gold loans in Solapur:
- 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 best-in-class karat meters across all our branches to make sure you get the most value for your gold.
- Free insurance of gold
Our free insurance covers 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 representative 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 Solapur?
Here is a step-by-step guide to apply for a gold loan:
- Click on “Apply” to initiate online application.
- Enter your 10-digit mobile number and click on “Get OTP.”
- Submit the OTP to verify your identity.
- Fill in your personal details and select the nearest gold loan branch.
- Download In-principal loan eligibility letter.
Once done, you will receive a call from our representative to confirm your appointment and guide you on the next steps.
Documents required for gold loan application in Solapur
Applying for a gold loan in Solapur is simple and requires minimal documentation. One of the biggest advantages is that you only need to submit any one valid KYC document to complete your application. This makes the process much simpler and quicker for applicants. You can choose from the following documents:
- 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 for all applicants, it becomes necessary under specific conditions. If you are applying for a gold loan of ₹5 lakh or more in Solapur, you will be required to submit your PAN card along with your application. This is in line with regulatory guidelines to ensure transparency and traceability in high-value financial transactions. The PAN card helps verify your financial history and acts as an additional safeguard for both the lender and the borrower. Therefore, while basic KYC documents are enough for smaller loan amounts, a PAN card becomes essential for higher loan values.
Eligibility criteria for gold loans in Solapur
Anyone can apply for a gold loan for farming, business needs, medical emergency and more, as long as they meet the basic gold loan eligibility criteria. To get a Bajaj Finserv Gold Loan in Solapur, you need to meet a few basic criteria. These include:
- Age: You must be between 21 and 70 years old.
- Citizenship: You should be an Indian citizen.
- Gold purity: You must own gold jewellery with 18-22 karat purity.
- Occupation: Salaried, self-employed individuals, home makers, or any Indian citizen is eligible.
- Credit score: A high credit score is not required since the loan is secured against physical gold jewellery.
These simple requirements make gold loans in Solapur easy and accessible.
Gold loan interest rates and charges in Solapur
If you are planning to apply for a gold loan in Solapur, it is important to understand the interest rates and charges involved. With us, you can get a gold loan at competitive interest rates starting from just 9.50% to 26% per annum. This makes it an affordable option for those looking to meet urgent financial needs without selling their gold assets.
What sets our gold loan services apart in Solapur is the complete transparency in charges. There are no hidden fees or surprise deductions. Every term and condition is clearly mentioned from the beginning, so you stay informed throughout the loan tenure. Whether you need funds for medical expenses, education, home renovation, or any personal requirement, our gold loan in Solapur offers a secure and convenient solution.
The repayment terms are flexible, allowing you to choose from multiple options as per your comfort. By pledging your gold jewellery, you get access to immediate funds while your gold remains safe and insured. If you are looking for a trusted way to manage short-term financial gaps, our gold loan in Solapur can offer both peace of mind and financial support.
Know all about our gold loan interest rate before applying.
How to calculate gold loan in Solapur
To calculate your gold loan in Solapur, you can use the Bajaj Finserv Gold Loan Calculator. This easy-to-use online tool helps you determine the potential loan amount, interest rate, and loan term. Here's how it works:
- Input your gold’s weight or desired loan amount: Enter the weight of your gold or the amount you wish to borrow.
- Estimate your loan: The calculator will provide an immediate estimate of the maximum loan amount you can get, based on the current gold loan rate per gram.
- Get precise loan details: The tool ensures accurate calculations and helps you understand your loan options clearly.
Using our gold loan calculator simplifies the process and gives you a quick estimate of your gold loan eligibility and terms in Solapur.
Why choose Bajaj Finance to avail a gold loan in Solapur?
If you are looking for a reliable gold loan in Solapur, Bajaj Finserv Gold Loan offers a convenient and secure solution tailored to your needs. Here is why it stands out:
- Quick application process: Enjoy a hassle-free experience with minimal steps and instant processing.
- Minimal documentation: Submit just one KYC document to get started, making it simple and efficient.
- Fast loan approval: Get access to funds quickly, ideal for emergencies or urgent financial needs.
- Flexible repayment options: Choose from various interest repayment plans—monthly, bi-monthly, quarterly, half- yearly or annually.
- Transparent terms: No hidden charges. All terms and conditions are clearly explained upfront.
- Secure and trusted: Your pledged gold remains safe, insured, and handled with complete care.
- Customer-focused support: Experience smooth service with dedicated assistance at every step.
With these features, Bajaj Finance becomes a preferred choice for availing a gold loan in Solapur, offering both speed and trust.
Why is gold loan a feasible borrowing option in Solapur?
Amidst this backdrop, gold loans have emerged as a popular and convenient financial solution for the people of Solapur. With the flexibility and ease, gold loan in need of money has become a go-to option for individuals seeking easy access to funds without parting with ownership of their valuable jewellery.
So, if you are looking for quick funds, Bajaj Finserv Gold Loan offers you an easy and hassle-free option. You can avail funds starting from Rs. 5,000 up to Rs. 2 crore with interest rates starting at just 9.50% p.a. With our gold loan, you can meet all your planned and unplanned expenses with great ease.
Ways to repay your gold loan in Solapur
At Bajaj Finance, we understand that different financial needs require different repayment solutions. That is why we offer a range of convenient repayment options for your gold loan. Here are the details for interest repayment:
- Monthly payments: You can choose to pay your interest on a monthly basis.
- Bi-monthly payments: Opt for paying interest every two months.
- Quarterly payments: Pay interest every three months if this suits your financial planning.
- Half-yearly payments: Choose to pay interest twice a year for added flexibility.
- Annual payments: For those who prefer a longer interval, annual payments are also available.
While you have flexibility with interest payments, the principal amount along with any pending interest must be paid at the time of loan maturity. These flexible repayment options ensure you can tailor your gold loan repayment to your convenience, making it easier to manage your finances while still meeting your personal or business requirements. Whether you need more frequent payments or prefer to pay later, Bajaj Finance allows you to choose the option that fits your lifestyle.
Gold loan branches in Solapur
Know more about gold loans in Indian states and Union Territories
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