Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Bidar
Are you a resident of Bidar looking for a quick and easy way to access some extra funds? Do you own gold assets that could help you to meet your financial needs? Taking out a Gold Loan in Bidar from Shriram Finance provides a dependable way to unlock the value held within your gold items. Instead of choosing to sell your precious gold jewellery or coins, you can continue to enjoy them while making use of their value to address immediate financial concerns. Shriram Finance is a trusted name in the financial sector, and we are known for providing accessible and efficient gold loan services. The fact that we offer manageable repayment options, and highly competitive interest rates means that a Gold Loan in Bidar could be an ideal way to meet your financial goals. At Shriram Finance, we value you, our customer, and that's why we strive to keep our loan application process as simple as possible. This makes it simple for residents to gain access to the money that they require.
Features and Benefits of Gold Loans in Bidar
There are many features and benefits associated with choosing a gold loan with Shriram Finance in Bidar:
Maximum Finance
Borrow up to 75% of the actual value of your gold items.
Attractive Interest Rates
You can benefit from our competitive interest rates, which start from just 10%* per year.
Work out your own Repayment Plan
Design a repayment schedule that works for you and meets your individual needs. Our minimum loan duration is 1 month, and the maximum loan duration is 1 year.
Simple and Fuss Free Paperwork
Shriram Finance strives to keep paperwork to a minimum.
Interest Efficiency
We only charge you interest for the time that you are actively using the loan.
Fast Loan Approvals
We understand that you might need the money quickly, which is why we can approve your loan with as little delay as possible.
Gold Loan Interest Rates in Bidar
| 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 Bidar
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's License, 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 License, Voter ID, or PAN Card. (If you do not have a PAN Card, you can submit Form 60). Age Requirements: You will need to be aged between 18 and 75 years old. Who Can Apply: We want to help as many people as possible, so we welcome applications from people from all walks of life, whether you are a business owner, are self employed, or are working in a salaried position.
Step by Step Application Process for Gold Loans in Bidar
Here are the simple steps that you'll need to follow to apply for a gold loan with Shriram Finance:
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 Bidar
Gold Loan Customer Care in Bidar
Toll Free
Gold Loan Status in Bidar
Track your gold loan application status effortlessly online by simply inputting your unique reference number on our secure website portal. For immediate status updates, our professional support team is available to assist you via phone or email. If you're considering a gold loan in Bidar, Shriram Finance provides a hassle free and efficient application process designed with your convenience in mind. Our gold loans feature loan to value ratios of up to 75%, ensuring you receive maximum value for your gold assets. We offer loan tenures ranging from 3 months to 36 months, providing flexibility based on your repayment capacity. Our transparent fee structure means no hidden charges or unexpected costs during your loan term.
Gold Loan FAQs
Can I apply for a gold loan online in Bidar?
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 Bidar?
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 Bidar?
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 Bidar?
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 Bidar?
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 Bidar?
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 Bidar?
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 Bidar?
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.
