Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Bangalore
Gold loans in Bangalore offer a simple and reliable way to unlock the value of your gold without selling it. Whether you need funds for personal expenses, medical emergencies, or education, leveraging your gold assets can be a smart financial move. At Shriram Finance, we provide quick approvals, minimal paperwork, and flexible repayment options to suit your financial needs. With loan tenures ranging from 1 month to 12 months and competitive interest rates starting at 10%* p.a., you can access funds without hassle. Read on to learn how a gold loan can be the right financial solution for you.
Features and Benefits of Gold Loans in Bangalore
Shriram Finance offers a Gold Loan in Bangalore with multiple benefits, making it a reliable choice for those looking for quick financial assistance. Below are the key features of our gold loan:
Minimal Documentation
Our gold loan process requires only essential documents, such as identity proof and address proof, making it extremely simple and hassle-free. There is no need for extensive paperwork, reducing the time required for loan approval. This feature ensures a smooth and quick borrowing experience, especially for individuals in urgent need of funds.
Flexible Tenure
We offer repayment tenures ranging from one month to one year, giving you complete flexibility in managing your loan repayment. Whether you need a short-term loan or a longer duration to repay, you can select a tenure that suits your financial situation. This ensures you do not face unnecessary pressure while repaying the borrowed amount.
Borrow Smartly
With our gold loan, interest is charged only for the period you use the loan amount. If you repay earlier, you save on interest costs, making it a cost-effective borrowing option. Unlike other loans with fixed interest charges, this feature ensures that you only pay for the exact duration you utilise the funds, reducing unnecessary financial burden.
Quick Approval
The loan approval process is swift and efficient, allowing you to get the required funds within a short time. Minimal documentation further speeds up the approval process, ensuring that you do not face delays, especially when in urgent need of financial assistance for personal or business requirements.
Maximum Finance
You can avail up to 75%* of your pledged gold’s market value as a loan, helping you access a large sum without selling your gold. This means you can use your gold as a financial resource while keeping it safe. Our transparent loan evaluation ensures that you get the highest possible value for your gold.
Low Rate of Interest
Our interest rates start from 10%* p.a., making the loan affordable and easy to repay.
Gold Loan Interest Rates in Bangalore
| 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 Bangalore
Address Proof
Aadhaar Card, Electricity Bill, Prepaid Mobile Bill, Passport, Driver’s License, Voter ID, Gas Connection Card, Water Bill or Landline Bill.
Identity Proof
Aadhaar Card, Voter ID, Passport, Driver’s License, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). Recent passport-sized photos. The eligibility criteria for availing gold loans are as follows: Age: 18* to 75* years. Who can apply? Salaried, business owners, self-employed, self-employed professionals and other individuals.
Step-by-Step Application Process for Gold Loans in Bangalore
Applying gold loan in Bangalore 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 Bangalore
Gold Loan Customer Care in Bangalore
Toll Free
Gold Loan Status in Bangalore
Conveniently track your gold loan application status online by simply entering your unique reference number on our user-friendly website. For immediate and real-time updates, our dedicated customer care team is always ready to assist you. Apply for a gold loan in Bangalore with Shriram Finance and experience a seamless, transparent, and efficient financial solution that puts your needs first!
Gold Loan FAQs
Can I apply for a gold loan online in Bangalore?
Yes, you can easily apply online through our website or mobile app for a Shriram Gold Loan.
What is the interest rate on gold loans in Bangalore?
Gold loan interest rates begin at 10%* p.a. The final rate offered depends on the market value of the pledged gold.
What is the tenure for a gold loan in Bangalore?
You can select a loan tenure ranging from 1 month to 12 months.
Can I get a gold loan for any type of gold in Bangalore?
Shriram Finance accepts gold ornaments and coins of 18 to 22 carats for gold loans.
Is there a maximum or minimum limit for a gold loan in Bangalore?
The loan amount depends on your gold’s value, with financing available up to 75%* of its market price.
What documents are required to apply for a gold loan in Bangalore?
You need identity proof (Aadhaar Card/Passport/Driver’s Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Driver’s Licence/Voter ID/Passport/Utility Bills like Water, Electricity, or Landline).
Are there any prepayment penalties on gold loans in Bangalore?
Shriram Finance typically does not charge prepayment penalties on gold loans, offering financial flexibility. However, customers are advised to carefully review their individual loan agreement for specific terms and conditions.
How can I check the status of my gold loan application in Bangalore?
Once you complete your application, our representatives will assess your profile and inform you about the status of 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.
