Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Ballari
Are you living in Ballari seeking quick access to funds for an unforeseen event? Or are you simply looking for a quick and easy way to manage your finances? Do you have gold that could help you? Taking out a Gold Loan in Ballari with Shriram Finance is a clear and straightforward way to make the most of your gold assets. Rather than selling your precious gold ornaments or valuable coins, you can use their value to address those more pressing financial challenges. Shriram Finance is a trusted financial institution, and we are known for our accessible gold loan services that are designed to meet your individual needs. With a wide variety of manageable repayment options, and highly competitive interest rates, taking out a Gold Loan in Ballari is an effective solution to meet your financial needs. At Shriram Finance, we pride ourselves on putting the customer first, and our loan application process has been designed to be as simple as possible. It's never been easier for residents to get access to the funds they require.
Features and Benefits of Gold Loans in Ballari
There are many features and benefits associated with choosing a gold loan with Shriram Finance in Ballari:
Choose a Repayment Plan that suits you
Design a repayment schedule that works for you and meets your individual needs. The minimum loan duration is 1 month, with a maximum loan duration of 1 year.
High Borrowing Amounts
Borrow up to 75% of the actual value of your gold.
Only Pay for What You Use
With Shriram Finance, you'll only ever pay interest for the time that you are actively using the loan.
Speedy Approvals Process
Our easy and streamlined process means we can approve your loan and get the money to you quickly.
Competitive Interest Rates
Take advantage of our competitive interest rates, which start at just 10%* per year.
Hassle Free Paperwork
Shriram Finance does everything it can to keep paperwork to a minimum, and our application process is quick and simple.
Gold Loan Interest Rates in Ballari
| 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 Ballari
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 Ballari
You can apply for a gold loan with Shriram Finance in just four simple steps. Here's how:
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 Ballari
Gold Loan Customer Care in Ballari
Toll Free
Gold Loan Status in Ballari
Monitor your gold loan application progress with ease by simply entering your unique reference number on our official website portal. For instant updates or clarifications, don't hesitate to connect with our knowledgeable support team available 7 days a week. If you're looking to secure a gold loan in Ballari, Shriram Finance offers a streamlined and user centric application process from beginning to end. We provide disbursement options including direct bank transfer, cheque, or cash depending on your preference and convenience. Our dedicated relationship managers are assigned to each customer to provide personalized guidance throughout the loan term. Additionally, we offer a part payment facility that allows you to reduce your interest burden at any point during the loan period.
Gold Loan FAQs
Can I apply for a gold loan online in Ballari?
Yes, you can apply for a gold loan online. Visit our website or mobile app to apply for Shriram Gold Loan.
What is the interest rate on gold loans in Ballari?
The interest rate starts from 10%* p.a. However, the final gold loan interest rates offered by the lender may depend on the market value of the gold pledged as security.
What is the tenure for a gold loan in Ballari?
You can choose a loan tenure starting from 1 month up to 12 months.
Can I get a gold loan for any type of gold in Ballari?
Shriram Finance provides gold loans for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Ballari?
The loan amount will depend on your gold. Loans up to 75% of your gold value are offered.
What documents are required to apply for a gold loan in Ballari?
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 Ballari?
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 Ballari?
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.
