Bajaj Finance Gold Loan Interest Rate: Slab Pricing, Decoded

Bajaj Finance prices gold loans across an indicative 9.5%–26% band — and the single biggest lever is how much of your gold's value you draw: lower LTV, lower rate. Per ₹1 lakh borrowed, the monthly interest runs from ₹792 at the floor to ₹2,167 at the top slab.

Everything here is indicative, published for comparison — BankCreds lends nothing; verify live rates, charges and eligibility with the lender before acting.

The Bajaj Finance slab logic: lower LTV → lower rate

Every rung on Bajaj Finance's board answers one question — how much of the appraised value are you taking? Less drawn, thicker margin, cheaper rate; the ladder below frames the 9.5%–26% band on exactly that.

You draw (of value)Indicative rate*Monthly / ₹1 lakh
Up to ~55–60%9.5%₹792
~60–70%17.75%₹1,479
Max (75% cap)26%₹2,167

*Indicative framing of Bajaj Finance's 9.5%–26% band; actual scheme boundaries vary. Verify at branch — the KFS binds.

Translate before you sign: at Bajaj Finance's floor, every ₹1 lakh costs ₹792 a month; at its ceiling, ₹2,167. Across a ₹5 lakh pledge that's ₹6,875 of monthly difference for the same bangles.

Drawn@9.5%/mo@17.75%/mo@26%/mo
₹2 lakh ₹1,584 ₹2,958 ₹4,334
₹5 lakh ₹3,960 ₹7,395 ₹10,835
₹10 lakh ₹7,920 ₹14,790 ₹21,670

The ladder against neighbours

LenderFloorCeilingMonthly/₹1L at floor
Bajaj Finance9.5%26%₹792
Axis Bank 9.5% 17% ₹792
HDFC Bank 9.3% 17.9% ₹775
CSB Bank 9.7% 13% ₹808

Bands overlap more than logos suggest — scheme choice inside Bajaj Finance's ladder often matters more than switching counters. Where a neighbour's floor genuinely undercuts, refinancing after release is routine.

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Bajaj Finance gold loan — FAQs

Why does Bajaj Finance charge different gold-loan rates on different schemes?
Same gold, different draw: Bajaj Finance's cheaper schemes simply lend a smaller share of appraised value, and the extra buffer flows back as basis points. That's the whole spread from 9.5% to 26% — LTV appetite, priced honestly.
What does a Bajaj Finance gold loan cost per month per ₹1 lakh?
Per lakh per month at Bajaj Finance: ₹792 on the floor slab, ₹1,479 mid-board, ₹2,167 at the ceiling. A ₹3 lakh pledge therefore meters between ₹2,376 and ₹6,501 monthly — scheme choice is that gap.
Are Bajaj Finance's advertised gold-loan rates guaranteed?
Treat 9.5%–26% as the honest map, not the contract: scheme, ticket size, tenure and payment-discipline conditions position you inside it. The binding number arrives on your Key Fact Statement before acceptance — read it against whatever the counter said aloud.
Can I move my gold loan from Bajaj Finance to a cheaper lender later?
It's a normal move: settle Bajaj Finance's outstanding, verify and collect your sealed packet, walk it to the cheaper counter. Plan the day so the gold is never uninsured in a drawer overnight, and let a multi-point rate gap — not a fraction — justify the fresh pledge costs.
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Disclaimer: BankCreds.com is a loan comparison platform and does not directly lend, disburse, or provide any financial products. We aggregate and display loan offers from RBI-registered banks and NBFCs to help you make an informed decision. All loan applications are processed directly by the respective lender. Interest rates, charges, eligibility, and terms shown are indicative and subject to the lender's final assessment. Please read the lender's terms and conditions carefully before applying.