Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Bardhaman
Gold loans are a popular and convenient way to access quick funds in Bardhaman. They offer a reliable solution to unlock the value of your gold assets. Instead of selling your valuable gold jewellery or coins, you can leverage their value for immediate financial needs. Gold loans in Bardhaman is an ideal choice for individuals and businesses seeking swift financial assistance. Shriram Gold Loan is known for its streamlined application process, quick approval, and flexible repayment options. With flexible tenures of 1 month to up to 12 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Bardhaman business environment.
Features and Benefits of Gold Loans in Bardhaman
Shriram Gold Loans come packed with numerous attractive features and benefits:
Maximum Finance
You can secure a loan of up to 75%* against the value of your gold. The financing is based on the current market worth of the gold you pledge as collateral. All Indian residents aged 18 and above who own gold jewellery, coins, or bullion are eligible to apply for this financing option.
Low Rate of Interest
Interest rates begin at just 10%* p.a. These competitive rates are available regardless of your credit score or income level, as the loan is secured entirely by your gold assets.
Flexible Tenure
You have the freedom to repay your loan at your convenience, with a minimum term of 1 month. The loan duration can extend from 1 month to 12 months. This flexibility accommodates both salaried employees and self employed individuals with varying income patterns.
Minimal Documentation
The application process requires very little paperwork, ensuring a smooth experience. This reduced documentation requirement makes gold loans accessible even to those without extensive financial records or banking history.
Borrow Smartly
You only pay interest for the time you utilise the gold loan. This feature is particularly beneficial for small business owners, farmers, and entrepreneurs who may have seasonal or irregular income streams.
Quick Approval
Enjoy reliable and expedited loan approvals with minimal documentation involved. With over 1,000 branch locations across India, this quick service is accessible in both urban centres and rural areas, bringing formal credit within reach of all gold owners.
Gold Loan Interest Rates in Bardhaman
| 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 Bardhaman
Address Proof
Gas Connection Card, Prepaid Mobile Bill, Landline Bill, Water Bill, Electricity Bill, Aadhaar Card, Passport, Voter ID, or Driver's License
Identity Proof
Aadhaar Card, Voter ID, Driver's License, Passport, or PAN Card (Form 60 accepted without PAN) Age 18 to 75 years* Who can apply? Salaried, Other Individuals, Business Owners, Self Employed Professionals, Self Employed.
Step by Step Application Process for Gold Loans in Bardhaman
The easy to apply process will help you get a gold loan quickly in 4 steps:
Step 1:
Register using your phone number.
Step 2:
Receive a verification call from them.
Step 3:
Visit the branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Bardhaman
Gold Loan Customer Care in Bardhaman
Toll Free
Gold Loan Status in Bardhaman
To track your gold loan application status, simply visit our website and enter your application reference number. Alternatively, contact customer care for real time information and updates on your application progress.
Gold Loan FAQs
Can I apply for a gold loan online in Bardhaman?
Yes, Shriram Finance offers a seamless online application process through their website and mobile application for your convenience.
What is the interest rate on gold loans in Bardhaman?
Interest rates commence from 10%* p.a., with the ultimate rate determined by the market assessment of your gold collateral.
What is the tenure for a gold loan in Bardhaman?
Loan tenure options are flexible, available from 1 month up to 12 months to match your financial planning.
Can I get a gold loan for any type of gold in Bardhaman?
Shriram Finance extends loans for gold ornaments and coins ranging between 18 and 22 carats in purity.
Is there a maximum or minimum limit for a gold loan in Bardhaman?
Your eligible loan amount can reach up to 75%* of your pledged gold's assessed value.
What documents are required to apply for a gold loan in Bardhaman?
Required documentation includes: Identity verification: Submit either Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card Address verification: Present any from Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill
Are there any prepayment penalties on gold loans in Bardhaman?
Shriram Finance supports early loan repayment without additional charges, potentially reducing your interest expenses. Consult your loan agreement for detailed terms.
How can I check the status of my gold loan application in Bardhaman?
Upon completing registration, Shriram Finance's representatives will assess your application and inform you 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.
