Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Bhilwara
Are you a resident of Bhilwara and need funds quickly? Do you own gold that could help you get the funds you need? A Gold Loan in Bhilwara from Shriram Finance offers a straightforward and dependable way to use your gold to access money. Instead of selling your valuable gold jewellery or coins, you can use them as security for a loan. Shriram Finance understands the Bhilwara area and provides an easy application process, ensuring you get the funds you need quickly. With flexible repayment options and attractive interest rates, a Gold Loan in Bhilwara can be adapted to suit your personal needs. This guide will take you through all the essential information about getting a gold loan with Shriram Finance in Bhilwara, from the different loan options available to the simple application process. Keep reading to learn how you can use your gold and achieve your financial goals.
Features and Benefits of Gold Loans in Bhilwara
Choosing a Shriram Gold Loan in Bhilwara offers many appealing advantages:
Simplified Paperwork
The application process is designed to be simple, with minimal paperwork, so it's quicker and easier to get the money you need.
Interest Savings
You only pay interest for the period you use the loan amount, allowing you to save money if you repay early.
Swift Loan Processing
Benefit from a fast and efficient loan approval process, ensuring you receive funds without undue delays.
Optimal Loan Value
You can borrow up to 75% of your gold's current market value. Gold loans are designed to give you the most money for your gold.
Competitive Interest Rates
Enjoy good interest rates, starting from 10%* p.a., making borrowing more affordable.
Versatile Repayment Options
Select a repayment schedule that fits your budget, with options from monthly payments to a single payment at the end of the loan term.
Gold Loan Interest Rates in Bhilwara
| 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 Bhilwara
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's Licence, 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 Licence, 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 Salaried individuals, self employed professionals, business owners, and other individuals are eligible to apply.
Step by Step Application Process for Gold Loans in Bhilwara
Securing a gold loan with Shriram Finance in Bhilwara is a straightforward, four step process:
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 Bhilwara
Gold Loan Customer Care in Bhilwara
Toll Free
Gold Loan Status in Bhilwara
Stay informed about the progress of your gold loan application in Bhilwara. Simply visit our website and enter your unique application reference number to track your application status. Alternatively, you can contact our customer care team for real time updates. Choose Shriram Finance for a seamless and reliable borrowing experience tailored to your specific financial needs in Bhilwara.
Gold Loan FAQs
Can I apply for a gold loan online in Bhilwara?
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 Bhilwara?
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 Bhilwara?
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 Bhilwara?
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 Bhilwara?
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 Bhilwara?
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 Bhilwara?
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 Bhilwara?
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.
