Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Ambur
Are you looking for some extra funds to manage an unexpected expense? Getting a Gold Loan in Ambur from Shriram Finance offers a reliable way to make the most of your gold items. Instead of choosing to sell your cherished gold jewellery or coins, you can use their value to meet financial challenges. Shriram Finance is known for being a well known financial institution, and it can offer gold loans designed to meet your specific needs. With a variety of repayment options and reasonable interest rates, taking out a Gold Loan could be the right decision for you. Shriram Finance want to make things as easy as possible, and they've kept their loan application process simple. This means it's simple for residents to get access to the funds that they require.
Features and Benefits of Gold Loans in Ambur
Choosing a gold loan with Shriram Finance in Ambur has many benefits:
Maximum Finance
Borrow up to 75% of the actual value of your gold.
Good Interest Rates
Make use of our competitive interest rates, starting from 10%* per year.
Flexible Repayment Options
Work out a repayment schedule that suits your individual needs. Our minimum loan duration is 1 month, and our maximum loan duration is 1 year.
Simple Paperwork
We want to make things easy for you, and our application process is fuss free.
Interest Efficiency
Only pay interest for the time that you are actively using the loan.
Fast Approval
Thanks to our simple process, we can approve your loan and get the money to you quickly.
Gold Loan Interest Rates in Ambur
| 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 Ambur
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Proof of Identity
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card. (If you do not have a PAN Card, you can submit Form 60). Age Requirement: Applicants must be between 18 and 75 years* of age. Applicant Type: Individuals who are salaried, self employed, professionals, business owners, and others, are eligible to apply.
Step by Step Application Process for Gold Loans in Ambur
Getting a loan with Shriram Finance is simple, and it only involves these 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 Ambur
Gold Loan Customer Care in Ambur
Toll Free
Gold Loan Status in Ambur
Keep informed about your gold loan application by conveniently checking its status online-simply enter your reference number on our company website. For the most current information, our responsive support team is available to assist you via phone, email, or live chat. If you're interested in obtaining a gold loan in Ambur, Shriram Finance provides a straightforward and efficient process from application to disbursement. We offer the option to increase your loan amount during the tenure by pledging additional gold or based on positive repayment history. Our branch in Ambur features extended working hours, including weekend operations for your convenience. Additionally, we provide digital loan agreements to reduce paperwork and expedite the process.
Gold Loan FAQs
Can I apply for a gold loan online in Ambur?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Ambur. Visit our official website or download our mobile app to start your application. You can complete the entire process digitally, saving time and avoiding unnecessary branch visits.
What is the interest rate on gold loans in Ambur?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Ambur?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Ambur?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Ambur?
We offer loans up to 75% of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Ambur?
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 Ambur?
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 Ambur?
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.
