Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold loan in Amravati
Gold is more than just an asset-it's a reliable way to secure funds when you need them the most. Instead of selling your gold, you can pledge it and get a gold loan in Amravati to meet urgent financial requirements. Whether it's for medical expenses, education, or business needs, this loan offers quick access to cash while keeping your gold safe. With Shriram Finance, you can expect instant approvals, minimal paperwork, and repayment flexibility between 1 to 12 months. Plus, our competitive interest rates starting at 10%* p.a. make it a smart borrowing choice. Read on to learn how you can benefit from a gold loan in Amravati today.
Features and Benefits of Gold Loan in Amravati
Shriram Finance provides gold loan with multiple features, making borrowing easy and convenient. Key features include:
Flexible Tenure
Repay your loan at your convenience, with a minimum tenure of 1 month. You can choose a loan period ranging from 1 month to 1 year, catering to various financial needs and situations.
Quick Approval
Get your loan approved quickly with minimal paperwork and a reliable process. This efficient and swift approval ensures you can access funds without unnecessary delays, ideal for urgent financial requirements.
Minimal Documentation
Our process is straightforward, involving minimal paperwork for your ease. Shriram Finance has streamlined its procedures to ensure a hassle free experience for borrowers.
Borrow Smartly
Pay interest only for the duration the loan is active, making it cost effective. This feature ensures you are not burdened with interest payments beyond the period you actually need the funds.
Maximum Finance
Borrow up to 75%* of the value of the gold pledged as collateral. This high loan to value ratio allows you to access substantial funds based on the value of your gold.
Low Rate of Interest
Our interest rates start at 10%* p.a., making it an affordable borrowing option. This competitive rate helps you manage your finances effectively without incurring high costs.
Gold Loan Interest Rates in Amravati
| 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 loan in Amravati
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
Driver's License, Voter ID, Aadhaar Card, Passport, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). Who can apply? Salaried, self employed, self employed professionals, business owners, and other individuals. Age: 18* to 75* years.
Step by Step Application Process for Gold loan in Amravati
Applying gold loan in Amravati can be done 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 Amravati
Gold Loan Customer Care in Amravati
Toll Free
Gold Loan Status in Amravati
To track your gold loan application, simply visit our official website and enter your reference number in the designated section. This will provide you with the latest updates on your application status. For real time updates and any additional assistance, you can also reach out to our dedicated customer care team. They are available to help you with any queries or concerns you may have. If you are in Amravati and looking to apply for a gold loan, Shriram Finance offers a seamless and convenient process. Apply today and experience our reliable and customer friendly services.
Gold Loan FAQs
Can I apply for a gold loan online in Amravati?
Yes. You can easily apply for Shriram Gold Loan online via our official website or mobile application. This convenient option allows you to start your loan application process from the comfort of your home, ensuring a seamless and hassle free experience.
What is the interest rate on gold loan in Amravati?
Shriram Finance offers gold loan with interest rates starting at 10%* p.a. The final rate depends on the current market value of the pledged gold.
What is the tenure for a gold loan in Amravati?
You can select a repayment tenure from 1 month up to 12 months, based on your financial needs.
Can I get a gold loan for any type of gold in Amravati?
Shriram Finance provides gold loan for jewellery and coins ranging from 18 to 22 carats in purity.
Is there a maximum or minimum limit for a gold loan in Amravati?
The loan amount is determined by the value of your pledged gold, with financing available up to 75%* of its market price.
What documents are required to apply for a gold loan in Amravati?
You must provide identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Utility Bills).
Are there any prepayment penalties on gold loan in Amravati?
Shriram Finance typically does not impose prepayment penalties on gold loans. However, it is always wise to review the loan agreement thoroughly to understand any specific terms and conditions that may apply. This ensures you are fully informed about all aspects of your loan.
How can I check the status of my gold loan application in Amravati?
Once you submit your application, our team will carefully assess your details and promptly update you on the status of your loan. This ensures you are kept informed throughout the process, providing peace of mind and clarity on your loan application.
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.
