Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold loan in Asansol
Gold holds both emotional and financial value. Instead of selling it during emergencies, you can opt for a gold loan in Asansol to meet urgent financial needs like medical expenses, education, or business expansion. At Shriram Finance, we understand the importance of quick access to funds during critical times. That's why we offer a streamlined loan processing system with minimal paperwork, ensuring that you can secure the funds you need without unnecessary delays. Our flexible repayment tenures range from 1 to 12 months, allowing you to choose a repayment plan that best suits your financial situation. One of the key advantages of a gold loan from Shriram Finance is our competitive interest rates, starting at just 10%* p.a. This makes it a cost effective and convenient financing option for borrowers. By opting for a gold loan, you can manage your financial needs effectively without having to part with your cherished gold assets. Whether you need funds for medical emergencies, education fees, or business expansion, a gold loan provides a reliable solution. At Shriram Finance, we are committed to helping you navigate your financial needs with ease and confidence. Our customer centric approach ensures that you receive the support and flexibility you need during times of financial urgency. Explore how a gold loan from Shriram Finance can be the right financial solution for you. Trust us to provide you with the best value for your gold and the financial support you require. Unlock the value of your gold without any hassle and meet your urgent financial needs efficiently.
Features and Benefits of Gold loan in Asansol
Gold loan from Shriram Finance come with a range of features, offering financial assistance with simple terms and conditions:
Flexible Tenure
Choose a loan duration that works best for you, with a minimum of 1 month. The loan can be extended from 1 month up to 1 year, providing flexibility to suit your financial needs.
Minimal Documentation
The loan application process is quick and requires minimal paperwork, ensuring a hassle free experience.
Quick Approval
Shriram Finance offers a fast and efficient approval process, with minimal documentation. This means you can access the funds you need promptly, which is crucial during times of financial urgency.
Maximum Finance
You can avail of a loan up to 75%* of your gold's value as collateral. This allows you to unlock significant value from your gold assets, providing substantial financial support.
Low Rate of Interest
The starting interest rate is 10%* p.a, making it a cost effective option for borrowers. This ensures that you get the best value for your gold while keeping your borrowing costs manageable.
Borrow Smartly
Interest is only charged for the period the loan is used, ensuring you pay only for the duration the loan is active. This feature helps you manage your finances efficiently and avoid unnecessary interest payments.
Gold Loan Interest Rates in Asansol
| 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 Asansol
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). 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 Asansol
Applying gold loan in Asansol 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 Asansol
Gold Loan Customer Care in Asansol
Toll Free
Gold Loan Status in Asansol
Easily track your gold loan application online by entering your reference number on our website. For live updates, contact our support team. Apply for a gold loan in Asansol with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Asansol?
Yes, applying for a Shriram Gold Loan online is simple. You can do so via our official website or mobile app.
What is the interest rate on gold loan in Asansol?
Jewel loans are available at interest rates starting from 10%* p.a. The final rate is determined based on the gold's market value.
What is the tenure for a gold loan in Asansol?
You can choose a repayment tenure from 1 month to 12 months, depending on your preference.
Can I get a gold loan for any type of gold in Asansol?
Shriram Finance accepts 18 to 22 carats gold jewellery and coins for loan approval.
Is there a maximum or minimum limit for a gold loan in Asansol?
The loan amount is decided based on the pledged gold's market worth, with financing available up to 75%* of its value.
What documents are required to apply for a gold loan in Asansol?
You need to 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 Asansol?
Shriram Finance usually does not impose any prepayment penalties. However, you should confirm the exact terms in your loan agreement.
How can I check the status of my gold loan application in Asansol?
Once you apply, our team will assess your details and keep you informed about 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.
