Bajaj Finserv’s Gold Loan Carnival offers a special chance for you to convert your gold jewelery into instant funds while also standing a chance to win exciting rewards. The carnival rewards from November 25, 2025 to February 28, 2026 cost select customers who take a gold loan of Rs. 1,00,000 or more. Prizes include foreign travel vouchers, 42-inch LED TVs, microwaves and small appliances. However, the reward is not applicable if the loan is repaid within 180 days. With so much up for grabs, it’s natural to wonder how the interest rate on a gold loan will fare during the Carnival period and what that means for anyone looking for an instant gold loan. Here is a simple breakdown to help you understand it better. What the Gold Loan Carnival offers The Gold Loan Carnival is a limited period rewards campaign. It does not change the published interest rate against gold loans, but it adds real value through pricing. Here’s what you need to know before applying for an instant gold loan during this offer window. Offer Period: November 25, 2025 to February 28, 2026 Eligibility: Customers availing a gold loan of Rs. 1,00,000 or more from Bajaj Finance are eligible. Only one reward per customer during the entire offer period. The reward does not apply if you repay the loan within 180 days from disbursement. Rewards available: Reward category Maximum winners Brief description Travel voucher for foreign travel 10 First reward category 42″ LED TV 34 Second reward category Microwave 272 Third reward category Small electrical appliance 10,188 Fourth reward category Does the rate change during Carnival? The Carnival is a reward campaign, not based on a golden promotional loan interest rate offer. loan-to-value ratio, customer profile, and regulatory norms determine your actual rate This includes the purity and weight of your gold, the loan amount you request, and the Reserve Bank of India guidelines on loan-to-value caps offer added value through rewards rather than discount rates will help you plan better and avoid surprises. Your final interest rate on a gold loan depends on various inputs of your gold: Bajaj Finance accepts 18 to 22 carat jewellery closing price Loan-to-value (LTV) ratio: RBI sets limits on how much you can borrow against your gold amount, subject to a minimum of Rs. 99 and a maximum of Rs. half-yearly or annual installments Longer terms and less frequent payments can increase the effective interest cost over time Meet even the most urgent need for funds How to maximize value when you apply during Carnival Follow these steps to apply for a gold loan during the Carnival and improve your chances of winning a reward Be pre-eligible and use the gold loan calculator on the Bajaj Finserv website to make informed loan decisions locator tool on the official website To qualify for Carnival rewards, your loan amount must be 1 lakh or more, however, avoid borrowing more than you need, keep the loan for at least 180 days from the disbursement of the loan rate Carnival rewards make it a good time to apply If you need quick funds, apply now via the Bajaj Finserv app or visit a branch near you apply during the Carnival How to maximize value when you apply during the Carnival Mint: Note to readers: This article is part of Mint’s paid consumer connection initiative assumes no editorial involvement or responsibility for errors, omissions or content accuracy.