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Get High Value for your Gold with Shriram Finance Gold Loan
  • Interest Rates
    Interest Rates Now Starting Only at 10%*
  • Quick Loan Disbursal
    Quick Loan Disbursal
  • Flexible Repayment
    Flexible Repayment options
  • No Credit Check
    No Credit Check Required
Gold Loan

Apply for a Gold Loan from Your Trusted Partner for Over 45 Years

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Gold loan in Amritsar

Gold holds both sentimental and financial value, making it a precious asset that many people prefer not to part with. Instead of selling your gold, you can use it to secure funds during urgent times. A gold loan in Amritsar is a straightforward and effective way to meet immediate financial needs, whether for education, medical emergencies, or personal expenses. At Shriram Finance, we understand the importance of quick access to funds. That's why we offer a streamlined loan processing system with minimal documentation requirements. Our flexible repayment options range from 1 to 12 months, allowing you to choose a plan that best suits your financial situation. Additionally, our competitive interest rates, starting from 10%* p.a., ensure that you get the best value for your gold. By opting for a gold loan, you can manage your finances efficiently without the need to sell your cherished possessions. Whether you need funds for a child's education, a medical emergency, or any other personal expense, a gold loan provides a reliable solution. At Shriram Finance, we are committed to helping you navigate your financial needs with ease and confidence. Explore how a gold loan can be a practical and beneficial option for you. With our customer centric approach, we aim to provide you with the support and flexibility you need during times of financial urgency. Trust Shriram Finance to help you unlock the value of your gold and secure the funds you need.

Features and Benefits of Gold loan in Amritsar

Explore the key features of Shriram Gold Loan, designed to offer financial flexibility and quick access to funds:

Minimal Documentation

Minimal Documentation

Enjoy a hassle free process with minimal paperwork required for the loan application. This ensures that you can secure the funds you need without unnecessary delays or complications.

Flexible Tenure

Flexible Tenure

You have the freedom to repay your loan within a flexible duration, with a minimum period of 1 month. Loan tenures range from 1 month to 1 year, allowing you to choose a repayment schedule that best fits your financial situation.

Borrow Smartly

Borrow Smartly

Pay interest only at the time the gold loan is used, keeping the overall cost low. This feature ensures that you are not burdened with high interest payments, making it a cost effective borrowing option.

Quick Approval

Quick Approval

Benefit from fast and efficient loan approval with minimal documentation required. This means you can access the funds you need promptly, which is crucial during times of financial urgency.

Maximum Finance

Maximum Finance

You can borrow up to 75%* of your pledged gold's market value. This allows you to unlock significant value from your gold assets, providing you with substantial financial support.

Low Rate of Interest

Low Rate of Interest

Interest rates begin at 10%* p.a., offering a competitive option for borrowers. This ensures that you get the best value for your gold while keeping your borrowing costs manageable.

Gold Loan Interest Rates in Amritsar

Gold loans from Shriram Finance start at an interest rate of 10%* p.a. The specific rate applicable to your loan is determined by the market value of the gold you pledge. This ensures that you receive a fair and competitive rate based on the current value of your gold assets. For more detailed information on how the interest rate is calculated and other terms and conditions, please refer to the section below. Shriram Finance is committed to providing transparent and customer friendly loan options to meet your financial needs efficiently.
Type of Fees Applicable Charges
Interest RateStarting from 10%* p.a.
Processing FeesUp to 5%*
Late Payment Fees36%* p.a. on the Overdue Amount
Foreclosure ChargesNIL

How to Use the Gold Loan EMI Calculator?

Easily adjust your loan amount, interest rate, and tenure with the gold loan interest rate calculator slider to check your loan details. This tool allows you to see how different loan amounts and repayment periods affect your interest rate and overall repayment plan. By using the gold loan interest rate calculator, you can make informed decisions about your loan, ensuring that it fits your financial needs and capabilities. This user friendly feature helps you plan your finances better and choose the most suitable loan option from Shriram Finance.
STEP 01
Required loan amount
STEP 02
Interest rate
%
STEP 03
Tenure up to
month
Loan Summary
Loan

Loan

Loan Amount

₹5000

Interest Payable

₹ 42

Monthly EMI

₹ 5,042

Eligibility and Documentation Criteria for Gold loan in Amritsar

The eligibility criteria for availing gold loan are as follows:
  • Address Proof

    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

    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). 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 Amritsar

Applying gold loan in Amritsar can be done quickly in 4 steps:

How to apply
  • 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 Amritsar

With Shriram Finance branches in Amritsar, customers can conveniently access details on gold loan charges. Find the nearest branch using the locator tool below.

Locate Us

or

  • Andhra pradesh
  • Assam
  • CHHATTISGARH
  • DELHI
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • KARNATAKA
  • Kerala
  • MAHARASHTRA
  • Madhya pradesh
  • Odisha
  • Punjab
  • Punjab/Haryana
  • Rajasthan
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTRAKHAND
  • West Bengal

Gold Loan Customer Care in Amritsar

Need help with a gold loan in Amritsar? Shriram Finance's customer care team is here to assist you. Reach out today!

Gold Loan Status in Amritsar

Check the status of your gold loan application by entering your reference number on our website. For instant updates, connect with our customer care team. Apply for a gold loan in Amritsar with Shriram Finance now.

Gold Loan FAQs

Can I apply for a gold loan online in Amritsar?

Yes, you can apply for a Shriram Gold Loan online through our website or by using our mobile app.

What is the interest rate on gold loan in Amritsar?

Gold loan interest rates begin at 10%* p.a. The final applicable rate depends on the gold's market valuation.

What is the tenure for a gold loan in Amritsar?

You can choose a flexible loan tenure ranging from 1 month to a maximum of 12 months.

Can I get a gold loan for any type of gold in Amritsar?

Shriram Finance offers gold loan against jewellery and coins that are between 18 and 22 carats.

Is there a maximum or minimum limit for a gold loan in Amritsar?

The maximum loan amount is based on your gold's value, with up to 75%* financing available.

What documents are required to apply for a gold loan in Amritsar?

Applicants need to submit 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 Amritsar?

Shriram Finance does not usually impose prepayment penalties, but it is recommended to check your loan terms for details.

How can I check the status of my gold loan application in Amritsar?

Once your application is processed, our team will review it and provide updates on your loan status.

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.