Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Bhuj
In Bhuj, gold has always held significant cultural and economic value. For many residents, it is not just a form of ornamentation but also a form of financial security, passed down through generations. The people of Bhuj are known for their prudent approach to wealth, often investing in gold as a safety net for unforeseen circumstances. A gold loan offers a solution to individuals who need immediate financial assistance but are unwilling to part with their precious gold. By pledging your gold as collateral, you can access funds quickly without having to sell your assets. Gold loans are popular for their convenience and flexibility. Shriram Finance offers tailored gold loans in Bhuj, with flexible loan tenures ranging from 1 to 12 months. With interest rates starting from 10%* p.a., borrowers can benefit from affordable and competitive rates. The approval process is quick, and the required documentation is minimal, ensuring that you can receive the financial support you need with ease and efficiency. If you are looking to unlock the value of your gold without the hassle of lengthy procedures, Shriram Finance provides the ideal solution. Contact Shriram Finance today to learn more about how you can secure a gold loan and address your financial needs promptly.
Features and Benefits of Gold Loans in Bhuj
Gold loans in Bhuj offer a secure and accessible way to meet your immediate financial needs, using your gold as collateral. Here are the key features and benefits of choosing a gold loan in Bhuj:
Flexible Tenure
Gold loans in Bhuj come with flexible repayment terms ranging from 1 to 12 months, giving borrowers the ability to choose a suitable tenure based on their financial circumstances. This adaptability makes it easier to manage repayments without strain.
Quick Approval
The loan approval process is swift and straightforward, ensuring that you can access the required funds as soon as possible. Whether for business or personal needs, quick approval helps you tackle emergencies efficiently.
Low Rate of Interest
With interest rates starting from 10%* p.a., gold loans in Bhuj offer competitive rates, ensuring that borrowing remains affordable. This low rate makes gold loans a cost effective financial solution for many individuals.
Borrow Smartly
You only pay interest for the duration of the loan, meaning you are not burdened with unnecessary costs if the loan is repaid early. This feature provides flexibility and ensures that borrowers are only charged for the time they use the loan.
Minimal Documentation
One of the main features of gold loans in Bhuj is the minimal documentation required. The simple application process ensures that you can access funds with ease, without the need for lengthy paperwork.
Maximum Finance
You can receive up to 75% of your gold's current market value, which gives you access to a substantial amount of financial support. This allows you to meet large or urgent financial needs without difficulty.
Gold Loan Interest Rates in Bhuj
| 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 Bhuj
Address Proof
Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Driver's Licence, Passport, Voter ID, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). Age: 18 to 75 years. Who can apply?: Salaried, self employed, self employed professionals, business owners, and other individuals.
Step by Step Application Process for Gold Loans in Bhuj
Our 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 us.
Step 3:
Visit our branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Bhuj
Gold Loan Customer Care in Bhuj
Toll Free
Gold Loan Status in Bhuj
Easily check your gold loan status in Bhuj using your reference number online or by reaching out to our support team. Choose Shriram Finance for a smooth and efficient loan process.
Gold Loan FAQs
Can I apply for a gold loan online in Bhuj?
Yes, you can conveniently apply via our website or mobile app for a quick and hassle free process.
What is the interest rate on gold loans in Bhuj?
Our gold loan interest rates begin at 10%* p.a. The exact rate depends on the current market value of your gold.
What is the tenure for a gold loan in Bhuj?
We offer flexible repayment options from 1 month to 12 months, giving you the freedom to choose a suitable term.
Can I get a gold loan for any type of gold in Bhuj?
Yes, loans are available against gold jewellery and coins with a purity between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Bhuj?
The loan amount is determined by your gold's market value, with financing available for up to 75% of its worth.
What documents are required to apply for a gold loan in Bhuj?
You need identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Bhuj?
Shriram Finance generally does not impose prepayment penalties, allowing early repayment without extra costs. However, it is advisable to check the loan agreement for exact terms.
How can I check the status of my gold loan application in Bhuj?
Once you apply, you will receive updates on your loan progress. Track your status online or contact customer service for assistance.
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.
