Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold loan in Bilaspur
Bilaspur, a city rich in culture and history, offers many opportunities for financial growth. If you need an immediate financial solution, Shriram Finance provides trusted gold loan services in Bilaspur. Instead of selling your gold, you can use it as collateral to secure funds for urgent needs such as education, business expansion, or personal expenses. Shriram Finance ensures a smooth experience with minimal paperwork and quick approvals. Borrowers can enjoy flexible loan tenures ranging from 1 month to 12 months, allowing them to repay the loan at their convenience. Competitive interest rates starting at 10%* p.a. make borrowing affordable and cost effective. Customers can access up to 75%* of their gold's market value as a loan, ensuring maximum financial leverage while keeping their assets safe. The loan process is straightforward, involving simple steps such as registration, verification, and disbursal. We ensure the safety of pledged gold with secure storage facilities equipped with electronic surveillance. For real time updates on your application status, visit the Shriram Finance website and enter your reference number. Alternatively, customers can connect with the dedicated customer care team for personalised assistance. This makes us a reliable option for securing funds in Bilaspur. Discover how a gold loan in Bilaspur can be a valuable financial tool for you.
Features and Benefits of Gold Loan in Bilaspur
Shriram Finance provides gold loan with several features, making it easier to meet your financial needs efficiently:
Flexible Tenure
Enjoy the convenience of repaying your loan over a period that suits your financial plans. The repayment tenure ranges from a minimum of one month to a maximum of one year, giving you the flexibility to manage your finances efficiently. This flexibility allows you to align your loan repayments with your income cycles or financial milestones.
Borrow Smartly
Pay interest only for the duration you use the loan. This feature helps you save on costs, especially if you require funds for a short period. By paying interest only at the time the loan is active, you can manage your expenses more efficiently and avoid unnecessary charges.
Maximum Finance
Borrow up to 75%* of your gold's market value, ensuring you get the best possible value for your pledged gold. This feature allows you to access substantial funds while keeping your gold assets safe. By leveraging a significant portion of your gold's value, you can address major financial requirements without compromising your savings.
Low Rate of Interest
With interest rates starting at 10%* p.a., Shriram Finance ensures that borrowing remains affordable and cost effective, making it an ideal choice for urgent financial needs. This competitive rate helps you manage your loan costs effectively, ensuring that you can meet your financial obligations without undue strain.
Quick Approval
Benefit from fast and reliable loan approvals with minimal documentation. This ensures that you can access funds promptly when you need them most. Our efficient system ensures that your loan application is processed quickly, allowing you to address your financial needs without delay.
Minimal Documentation
The loan process is designed to be hassle free, requiring only basic paperwork. This ensures quick approvals and disbursal, saving time and effort for borrowers. The streamlined documentation process makes it easier to access funds quickly, especially during emergencies.
Gold Loan Interest Rates in Bilaspur
| 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 loan in Bilaspur
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 Loan in Bilaspur
Applying gold loan in Bilaspur can be done 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 Bilaspur
Gold Loan Customer Care in Bilaspur
Toll Free
Gold Loan Status in Bilaspur
Monitor your gold loan application status by entering your reference number on our website. For quick updates, speak with our customer care team. Apply for a gold loan in Bilaspur with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Bilaspur?
Yes, you can apply for a Shriram Gold Loan online through our official website or mobile app for a hassle free experience.
What is the interest rate on gold loan in Bilaspur?
Shriram Finance offers gold loan with interest rates starting from 10%* p.a. The actual rate may vary based on the current market value of the pledged gold.
What is the tenure for a gold loan in Bilaspur?
You can choose a loan tenure ranging from 1 month to a maximum of 12 months, providing flexibility in repayment.
Can I get a gold loan for any type of gold in Bilaspur?
Gold loan are available for jewellery and coins with a purity of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Bilaspur?
The loan amount is determined based on the gold's value, with financing of up to 75%* of its market price.
What documents are required to apply for a gold loan in Bilaspur?
Applicants must provide identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Utility Bills).
Are there any prepayment penalties on the gold loan in Bilaspur?
Shriram Finance generally does not charge prepayment penalties. However, reviewing the terms of your loan agreement is advisable.
How can I check the status of my gold loan application in Bilaspur?
After submitting your application, our team will assess your request and provide timely updates regarding 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.
