Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Bhopal
Your gold jewellery isn't just a treasured possession-it can also be a reliable financial asset. A gold loan in Bhopal from Shriram Finance lets you access funds quickly without selling your gold. With competitive interest rates starting at 10%* p.a. and loan tenures ranging from 1 to 12 months, you can manage urgent expenses, business investments, or personal needs with ease. At Shriram Finance, we understand the value of your gold and offer a straightforward process to help you unlock its potential. The loan application involves minimal documentation, making it hassle free and efficient. Our quick approval system ensures you receive the required amount without unnecessary delays, allowing you to address your financial needs promptly. We pride ourselves on providing tailored financial solutions for our customers. Whether you need funds for medical emergency, educational expenses, or business expansion, our gold loan services are designed to meet your specific requirements. By leveraging your gold assets, you can access the funds you need while retaining ownership of your valuable possessions. Shriram Finance is committed to offering competitive interest rates and flexible repayment options, ensuring that your borrowing experience is both affordable and convenient. Our dedicated customer care team is always ready to assist you with any queries and guide you through the loan process. Keep reading to learn how to secure a gold loan in Bhopal and make the most of your gold's value. Contact us today to explore how our gold loan services can help you achieve your financial goals.
Features and Benefits of Gold Loans in Bhopal
Shriram Finance's gold loan features are explained to customers in Bhopal below:
Interest Optimisation
With Shriram Finance in Bhopal, you only pay interest for the exact duration you use the loan amount, helping you save money if you repay early.
Swift Loan Approval
Enjoy a fast and efficient loan approval process, ensuring you get the funds you need without unnecessary delays.
Optimised Loan to Value Ratio
Access up to 75%* of your gold's current market value as a loan. Our gold loans are designed to maximise the amount you can borrow against your pledged gold.
Competitive Interest Rates
Benefit from attractive interest rates starting from 10%* p.a., making borrowing affordable.
Flexible Repayment Options
Choose a repayment plan that fits your budget, with options ranging from monthly instalments to lump sum payments at the end of the loan term. The loan tenure ranges from 1 month to 1 year.
Simplified Documentation
Enjoy a streamlined application process with minimal paperwork, making it quick and easy to get the funds you need.
Gold Loan Interest Rates in Bhopal
| 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 Bhopal
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 Loans in Bhopal
Applying a gold loan can be achieved 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 Bhopal
Gold Loan Customer Care in Bhopal
Toll Free
Gold Loan Status in Bhopal
Easily check your gold loan status online by entering your reference number on our website. For immediate assistance, connect with customer care. Get a gold loan in Bhopal with Shriram Finance today!
Gold Loan FAQs
Can I apply for a gold loan online in Bhopal?
Yes, you can apply online for a gold loan through our official website or mobile application. This convenient option allows you to start the application process from the comfort of your home. Simply visit our site or download the app to get started and access the funds you need quickly and easily.
What is the interest rate on gold loans in Bhopal?
Interest rates begin at 10%* p.a., but the final rate is determined based on your pledged gold's market value.
What is the tenure for a gold loan in Bhopal?
You can choose a tenure from 1 month up to 12 months as per your preference.
Can I get a gold loan for any type of gold in Bhopal?
Shriram Finance offers gold loans against jewellery and coins made of 18 to 22 carats gold.
Is there a maximum or minimum limit for a gold loan in Bhopal?
The loan amount depends on the value of your gold, with financing available up to 75%* of its market price.
What documents are required to apply for a gold loan in Bhopal?
You will need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Voter ID/Aadhaar Card/Passport/Driver's Licence/Utility Bills).
Are there any prepayment penalties on gold loans in Bhopal?
Shriram Finance does not generally charge prepayment penalties. However, it is best to check your loan agreement for details.
How can I check the status of my gold loan application in Bhopal?
Once your application is submitted, our representatives will assess it and notify you of the 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.
