Gold Loan in Bhiwani
Shriram Finance in Bhiwani offers a reliable solution for those seeking quick funds without parting with their precious gold jewellery. With interest rates starting as low as 10%* p.a., their gold loan service is designed to be both affordable and convenient. Whether you need money for personal expenses, business investments, or emergencies, Shriram Finance ensures a smooth borrowing experience with minimal paperwork and fast approvals. One of the standout features of their gold loan is the flexibility in repayment. You can choose a tenure that suits your financial situation, ranging from as short as seven days to up to 12 months. Additionally, you only pay interest for the duration you use the loan, making it a cost effective option. Borrowers can access up to 75%* of the value of their pledged gold, ensuring substantial funds for larger needs like education or medical emergencies. The application process is straightforward and hassle free. Simply register using your phone number, receive a verification call, visit the Bhiwani branch with your gold assets, and complete the verification process to get your loan disbursed quickly. Shriram Finance also prioritises transparency and security, storing your pledged gold safely throughout the loan period. For residents of Bhiwani, Shriram Finance's gold loan service provides an excellent opportunity to unlock the financial potential of their gold while retaining ownership. With competitive rates and customer centric features, it's a dependable choice for addressing urgent financial needs without compromising on convenience or trustworthiness.
Features and Benefits of Gold Loans in Bhiwani
Shriram Finance gold loan in Bhiwani offers the following features:
Flexible Tenure:
Choose a repayment duration that suits your needs, ranging from 1 month to 12 months. This flexibility allows you to manage your finances effectively, ensuring you can repay the loan at your convenience without any undue pressure.
Low Rate of Interest:
Interest rates start from 10%* p.a., making the loan affordable. This competitive rate ensures that you can borrow funds without incurring high interest costs, making it a cost effective solution for your financial needs.
Borrow Smartly:
Pay interest only for the duration you use the loan amount. This feature helps keep the overall cost lower, as you are not burdened with unnecessary interest payments, making it a smart borrowing option.
Minimal Documentation:
The process is designed to be hassle free, requiring only essential paperwork. This streamlined approach reduces the time and effort needed to secure your loan, making it easier and quicker to access funds when you need them most.
Maximum Finance:
Secure up to 75%* of your pledged gold's market value as a loan. This high loan to value ratio allows you to unlock significant funds based on the value of your gold, providing substantial financial support.
Quick Approval:
Benefit from a fast approval process with minimal paperwork. This ensures you get the funds you need without unnecessary delays, making it ideal for urgent financial needs.
Gold Loan Interest Rates in Bhiwani
| 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 Bhiwani
Address Proof:
Passport, Prepaid Mobile Bill, Aadhaar Card, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity 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 Loans in Bhiwani
Applying for a gold loan in Bhiwani is a smooth process that takes only four 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 Bhiwani
Gold Loan Customer Care in Bhiwani
Toll Free
Gold Loan Status in Bhiwani
Easily track your gold loan application by entering your reference number on our website. For quick updates, reach out to our customer care team. Apply for a gold loan in Bhiwani with Shriram Finance today!
Gold Loan FAQs
Can I apply for a gold loan online in Bhiwani?
Yes, you can conveniently apply for a gold loan online through our website or mobile app.
What is the interest rate on gold loans in Bhiwani?
Gold loan interest rates begin at 10%* p.a. The final rate depends on the market value of the pledged gold.
What is the tenure for a gold loan in Bhiwani?
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 Bhiwani?
Shriram Finance offers gold loans against gold jewellery and coins ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Bhiwani?
The loan amount is determined based on the pledged gold's market value, with financing available up to 75%*.
What documents are required to apply for a gold loan in Bhiwani?
You must provide identity proof (Voter ID/Aadhaar Card/PAN Card/Passport/Driver's Licence) and address proof (Aadhaar Card/Passport/Utility Bills/Driving Licence).
Are there any prepayment penalties on gold loans in Bhiwani?
Shriram Finance usually does not charge prepayment penalties, allowing early repayment without extra costs. However, check your loan terms for complete details.
How can I check the status of my gold loan application in Bhiwani?
Once your application is submitted, our team will assess your profile and provide timely updates on 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.
