Gold Loans in Aizawal
Aizawl, known for its lively culture and scenic beauty, is home to a community that values both tradition and progress. In such a setting, financial flexibility becomes essential-especially when unexpected needs arise. Whether it's for a family celebration, healthcare expenses, or business related costs, having access to quick and secure funding can make all the difference. This is where gold loans in Aizawl proves to be a dependable choice. Shriram Finance offers residents of Aizawl the opportunity to unlock the potential of their gold assets through a simple and efficient gold loan service. This solution allows you to raise funds without selling your precious ornaments, making it ideal for short term financial requirements. With interest rates starting from 10%* p.a., our gold loan is structured to keep borrowing affordable while offering complete peace of mind. What makes Shriram Finance a preferred lending partner in Aizawl is our focus on customer convenience. The process involves minimal documentation, and approvals are quick, helping you get funds when you need them most. Loan tenures are flexible, ranging from 1 month to up to 12 months, so you can choose a repayment term that fits your needs. Additionally, Shriram Finance ensures the highest level of security for your pledged gold, so you can borrow with confidence. Our deep understanding of the financial landscape in Aizawl allows us to offer solutions that are both practical and personalised. If you are in need of immediate financial support and prefer a hassle free borrowing experience, a gold loan from Shriram Finance in Aizawl can offer the timely support you're looking for-without parting with your valuable assets.
Features and Benefits of Gold Loans in Aizawal
In Aizawl, Shriram Finance offers gold loans with several attractive features that make them an ideal financial solution for residents. Here are some of the key benefits:
Flexible Tenure
Pay your loan back whenever you want, but there is a minimum loan duration of 1 month. The loan tenure ranges from 1 month to 1 year.
Minimal Documentation
The process involves minimal paperwork and is hassle free.
Maximum Finance
Loan up to 75% of your gold value. Gold loans are offered for loan amounts of up to 75% of the market value of the gold pledged as collateral or security.
Low Rate of Interest
Interest rates start from 10%* p.a.
Borrow Smartly
Pay interest only for the period the gold loan is used for.
Quick Approval
Reliable and faster loan approvals with minimal documentation.
Gold Loan Interest Rates in Aizawal
| Type of Fees | Applicable Charges |
|---|---|
| Interest Rate | Starting from 10%* p.a. |
| Processing Fees | Up to 5% |
| Late Payment Fees | 36%* p.a. on the Overdue Amount |
| Foreclosure Charges | NIL |
How to Use the Gold Loan EMI Calculator
Loan
Loan Amount
₹5000
Interest Payable
₹ 42
Monthly EMI
₹ 5,042
Eligibility and Documentation Criteria for Gold Loans in Aizawal
Address Proof
Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). Age: 18 to 75* years. Who can apply? Salaried, self employed, self employed professionals, business owners, and other individuals.
Step by Step Application Process for Gold Loans in Aizawal
Their easy to apply process will help you get a gold loan quickly in 4 steps:
Step 1:
Register using your phone number.
Step 2:
Receive a verification call from them.
Step 3:
Visit their branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Aizawal
Gold Loan Customer Care in Aizawal
Toll Free
Gold Loan Status in Aizawal
In Aizawl, individuals seeking swift financial assistance can consider Shriram Finance's Gold Loan as a viable option. To stay informed about the status of your application, you can visit our website or contact our dedicated customer care team for real time updates. With Shriram Finance, you can enjoy a seamless financial experience tailored to meet your objectives in Aizawl. Our services are designed to provide convenience and efficiency, ensuring that you can manage your financial needs effectively.
Gold Loan FAQs
Can I apply for a gold loan online in Aizawal?
Yes, you can apply for a gold loan online. Visit our website or mobile app to apply for Shriram Gold Loan.
What is the interest rate on gold loans in Aizawal?
The interest rate starts from 10%* p.a. However, the final gold loan interest rates offered by the lender may depend on the market value of the gold pledged as security.
What is the tenure for a gold loan in Aizawal?
You can choose a loan tenure starting from 1 month up to 12 months.
Can I get a gold loan for any type of gold in Aizawal?
Shriram Finance provides gold loans for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Aizawal?
The loan amount will depend on your gold. Loans up to 75% of your gold value are offered.
What documents are required to apply for a gold loan in Aizawal?
You typically need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card), and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Gas Connection Card/Water Bill/Electricity Bill/Prepaid Mobile Bill/Landline Bill).
Are there any prepayment penalties on gold loans in Aizawal?
Shriram Finance typically does not impose prepayment penalties on gold loans. This allows you to prepay your loan without incurring extra charges, potentially reducing the overall interest you pay. However, it's essential to confirm the specific terms and conditions in your loan agreement to ensure there are no prepayment penalties applicable to your loan
How can I check the status of my gold loan application in Aizawal?
After completing the registration process, representatives will evaluate your profile and revert back to you regarding your gold loan.
Disclaimer
The information provided in this guide is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions related to fixed deposits or any other financial products.
