Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold loan in Bareilly
Gold loans offer a quick and secure way to meet urgent financial needs without selling your gold assets. Whether it's for medical expenses, education, home renovation, or business investment, a gold loan provides immediate access to funds. Instead of letting your gold sit idle, you can use it to your advantage. With Shriram Finance, getting a gold loan in Bareilly is simple and straightforward. The process involves minimal paperwork, ensuring that you can secure the funds you need without unnecessary delays. Quick approval means you can access the money promptly, which is crucial during times of financial urgency. Flexible repayment options are another key benefit of Shriram Finance gold loans. You can choose a repayment tenure that best suits your financial situation, ranging from 1 month to 12 months. This flexibility allows you to plan your repayments according to your convenience, ensuring that you can manage your finances without stress. One of the standout features of Shriram Finance gold loans is the competitive interest rates, starting at just 10%* p.a. This makes it an affordable option for borrowers, helping you keep your borrowing costs manageable. The final interest rate is determined by the market value of the pledged gold, ensuring that you get a fair and competitive rate based on the actual value of your assets. Additionally, understanding the gold loan charges is crucial for making informed financial decisions. Shriram Finance provides transparent information about all applicable charges, ensuring there are no hidden fees. This transparency helps you plan your finances better and avoid any surprises. Explore more about how a gold loan from Shriram Finance can work for you and meet your urgent financial needs efficiently.
Features and Benefits of Gold loan in Bareilly
Described below are the key features of the gold loan offered by Shriram Finance in Bareilly.
Quick Approval
Enjoy fast loan approval with minimal paperwork, ensuring a seamless borrowing experience. This means you can access the funds you need promptly, which is crucial during times of financial urgency.
Flexible Tenure
Choose your repayment schedule, with a minimum loan tenure of 1 month and a maximum of 1 year. This flexibility allows you to select a repayment plan that best suit your financial situation and needs.
Minimal Documentation
The loan process is straightforward, requiring minimal documentation for approval. This ensures you can secure the funds you need without unnecessary delays or complications.
Borrow Smartly
Pay interest only for the duration of the gold loan, ensuring a smart borrowing strategy. This feature helps you manage your finances efficiently and avoid unnecessary interest payments.
Maximum Finance
Gold loans are offered up to 75%* of the value of the gold pledged. This allows you to unlock significant value from your gold assets, providing substantial financial support.
Low Rate of Interest
The interest rate starts at 10%* p.a., ensuring an affordable borrowing option. This competitive rate ensures that you get the best value for your gold while keeping your borrowing costs manageable.
Gold Loan Interest Rates in Bareilly
| 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 Bareilly
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 Bareilly
Applying gold loan in Bareilly 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 Bareilly
Gold Loan Customer Care in Bareilly
Toll Free
Gold Loan Status in Bareilly
Check our website and input your reference number to track your gold loan application. For instant assistance, get in touch with our customer care team. Apply for a gold loan in Bareilly with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Bareilly?
Yes, you can conveniently apply for a Shriram Gold Loan online through our website or mobile application.
What is the interest rate on gold loan in Bareilly?
The interest rate starts from 10%* p.a. The final rate depends on the market value of the gold you pledge as security.
What is the tenure for a gold loan in Bareilly?
You can opt for a repayment tenure ranging from 1 month up to 12 months, depending on your financial needs.
Can I get a gold loan for any type of gold in Bareilly?
Shriram Finance offers gold loan for ornaments and coins made of 18 to 22 carats gold.
Is there a maximum or minimum limit for a gold loan in Bareilly?
The loan amount is based on the pledged gold's valuation, with financing available up to 75%* of its market worth.
What documents are required to apply for a gold loan in Bareilly?
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 Bareilly?
Shriram Finance typically does not impose prepayment charges. However, borrowers should review their loan agreement for specific details.
How can I check the status of my gold loan application in Bareilly?
Once your application is processed, our representatives will evaluate your request 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.
