Pune, Maharashtra, India:
In India, the cultural and economic significance of gold is profound. Many people consider the precious metal to be a representation of purity, wealth, and fortune. In India, people even consider gold as a secure form of investment and a means of wealth preservation as well. In February 2023, gold prices continued to remain above the Rs. 5700/gram level.
Individuals can avail of a loan amount of Rs. 5000 up to Rs. 2 crores at a Gold loan interest rate between 9.50% and 28% p.a. for a tenure of 12 months. Currently, Bajaj Markets is providing the Gold loan option through Bajaj Finserv.
Some of the key features of a Gold loan are:
- Easy Repayment Solutions: Pay regular EMIs or opt to pay interest periodically
- Part Release Facility: One can release pledged gold items partially when necessary by repaying the equivalent amount
- Transparency in Evaluation: The market value of the deposited gold articles is carefully evaluated and calculated using industry-grade karat metres
- Industry Best Safety Protocols: The gold items are stored in high-quality vaults in motion detector-equipped rooms and monitored 24*7
- Effortless Application Process: The process of applying for a Gold loan is speedy and transparent
- Part-Prepayment & Foreclosures: While taking a gold loan, one is given the option to either repay part of the amount or foreclose the entire loan, with no additional cost incurred
Avail the best options for a gold loan by visiting the website at www.bajajfinservmarkets.in or from the Bajaj Markets app available on Play Store & App Store.
