Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Ambala
Gold holds a special place in Ambala, not just as an ornament but also as a symbol of financial security. Families pass down gold through generations, valuing it as both an investment and a safety net for uncertain times. Whether for weddings, festivals, or savings, gold remains an integral part of households in the city. Beyond its cultural and traditional significance, gold can also serve as a practical financial tool through gold loans in Ambala. A gold loan is a secured borrowing option where individuals pledge their gold jewellery as collateral to access funds. It is a convenient solution for those in need of urgent financial support, offering quick access to money without having to sell their precious assets. From covering medical expenses to funding business growth or educational needs, gold loans provide an efficient way to meet short term financial requirements. At Shriram Finance, we offer gold loans designed to suit diverse financial needs. Our flexible repayment options range from 1 to 12 months, allowing borrowers to choose a tenure that fits their repayment capacity. With competitive interest rates starting at 10%* p.a., we ensure affordability while helping customers unlock the value of their gold. Our simple online process and minimal documentation requirements make it easy to apply, ensuring a hassle free experience. Additionally, we provide quick approval, so customers can access funds without unnecessary delays. If you are looking for a reliable way to manage your financial needs while keeping your gold secure, a Shriram Finance gold loan is the right choice. Apply today and take advantage of our convenient and customer friendly loan options.
Features and Benefits of Gold Loans in Ambala
The features and benefits of gold loans offered by Shriram Finance are listed below:
Borrow Smartly
You only pay interest for the period you use the loan, ensuring you do not spend extra on unnecessary interest. This makes gold loans from Shriram Finance a cost effective option for short term financial needs.
Low Rate of Interest
Our interest rates start from 10%* p.a., making borrowing affordable and manageable. With lower interest costs, you can repay your loan without putting excessive strain on your finances.
Flexible Tenure
Repay your loan conveniently with a tenure ranging from 1 month to 12 months, allowing you to choose a plan that suits your budget. This flexibility ensures you can clear your dues at your own pace.
Minimal Documentation
Our loan process is simple and requires only essential KYC documents, making it hassle free. With minimal paperwork, you can get quick access to funds without unnecessary delays.
Maximum Finance
Secure a loan of up to 75% of your gold's market value, ensuring you get the highest possible amount against your gold assets. This allows you to meet financial needs while keeping your gold safe.
Quick Approval
Our efficient loan approval process ensures that you receive funds without unnecessary waiting periods. Whether for an emergency or a planned expense, you can rely on quick access to financial assistance.
Gold Loan Interest Rates in Ambala
| 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 Ambala
Address Proof
Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Driver's Licence, Passport, 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 Ambala
Our 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 us.
Step 3:
Visit our branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Ambala
Gold Loan Customer Care in Ambala
Toll Free
Gold Loan Status in Ambala
To track the progress of your gold loan application, please go to our website and enter your reference number. You can also contact our customer support team for up to date information.
Gold Loan FAQs
Can I apply for a gold loan online in Ambala?
Certainly, online gold loan applications can be made through our website or mobile application.
What is the interest rate on gold loans in Ambala?
The rate of interest offered by Shriram Finance on gold loans starts from 10%* p.a. The final interest rate may differ depending on the current market value of the gold provided as collateral.
What is the tenure for a gold loan in Ambala?
Gold loan tenures are available from 1 month to 12 months.
Can I get a gold loan for any type of gold in Ambala?
Shriram Finance provides loans against gold ornaments and coins with a purity level between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Ambala?
Loan amounts are determined by the gold's current market valuation, with up to 75% of that value available as a loan.
What documents are required to apply for a gold loan in Ambala?
Required documents to apply for a gold loan typically include identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or utility bills).
Are there any prepayment penalties on gold loans in Ambala?
Shriram Finance usually does not charge prepayment penalties, which allows for early repayment without additional fees. It is always wise to confirm the specific terms within your loan agreement.
How can I check the status of my gold loan application in Ambala?
Following your application, our representatives will review your details and provide updates concerning 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.
