Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Buxar
In Buxar, where heritage and progress go hand in hand, gold loans serve as a dignified means to meet financial goals. For the people of Buxar, where agriculture and small businesses form the economic backbone, gold loans provide timely monetary support while honouring the cultural significance of gold. From funding agricultural needs during seasonal transitions to supporting business expansion, education expenses, or managing household emergencies, citizens increasingly turn to gold loans as a respectable alternative to conventional borrowing options. Shriram Finance provides gold loans in Buxar with competitive interest rates beginning at 10%* p.a. With flexible tenure options from 1 to 12 months, Shriram Finance accommodates local requirements. Shriram Finance's transparent procedures and quick service make it a reliable financial partner.
Features and Benefits of Gold Loan in Buxar
Shriram Gold Loans provides remarkable features and benefits:
Quick Approval
Prompt and dependable loan approvals with basic documentation. Shriram Finance has streamlined the approval procedures to provide prompt and reliable loan sanctions with minimal documentation requirements. This efficiency particularly benefits rural and semi urban customers who may need immediate funds for agricultural inputs, medical emergencies, or business opportunities.
Minimal Documentation
Simplified paperwork for enhanced convenience. This customer friendly approach removes barriers to financial access and encourages more people to utilise formal lending channels rather than turning to unregulated lenders.
Low Rate of Interest
Favourable interest charges from 10%* p.a. This competitive pricing makes gold loans more accessible to various income segments and helps borrowers manage their finances more effectively.
Maximum Finance
Secure loans up to 75%* of your gold's market value. This loan to value ratio complies with regulatory guidelines while maximising the utility of pledged assets.
Borrow Smartly
Interest charges limited to actual loan utilisation period. This fair practice ensures that borrowers pay only for what they use, making gold loans a cost effective financial solution compared to many other credit options available in the market.
Flexible Tenure
Freedom to choose repayment terms from 1 to 12 months. This flexibility allows customers to structure their repayment schedule according to their cash flow patterns, whether they are salaried employees, business owners, or agricultural workers with seasonal income.
Gold Loan Interest Rates in Buxar
| 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 Buxar
Address Proof
Driver's License, Voter ID, Passport, Aadhaar Card, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill
Identity Proof
PAN Card (Form 60 accepted if no PAN), Passport, Aadhaar Card, Driver's License, or Voter ID Age: 18 to 75 years*. Who can apply? Self Employed, Salaried, Business Owners, Self Employed Professionals, Other Individuals.
Step by Step Application Process for Gold Loans in Buxar
The 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 them.
Step 3:
Visit the branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Buxar
Gold Loan Customer Care in Buxar
Toll Free
Gold Loan Status in Buxar
Stay informed about your application status through multiple convenient channels. Check your gold loan application progress online by entering your reference number on the Shriram Finance website. Alternatively, contact customer care representatives who can provide real time updates on your application status. Choosing Shriram Finance for gold loans in Buxar offers a blend of traditional values and modern banking convenience, creating a borrowing experience tailored to local needs while maintaining professional financial standards.
Gold Loan FAQs
Can I apply for a gold loan online in Buxar?
Yes, Shriram Finance has implemented a user friendly online application system accessible through their official website and mobile application.
What is the interest rate on gold loans in Buxar?
Interest rates begin from 10%* annually. The final rate offered by Shriram Finance will reflect the current market worth of your pledged gold items.
What is the tenure for a gold loan in Buxar?
Choose a repayment period anywhere between 1 month and 12 months, allowing you to align the loan tenure with your financial capabilities.
Can I get a gold loan for any type of gold in Buxar?
Shriram Finance processes loans for gold ornaments and coins meeting the 18 to 22 carat purity standards.
Is there a maximum or minimum limit for a gold loan in Buxar?
Loan amounts are structured at up to 75% of your gold's evaluated worth, with the final figure based on the assessment of your pledged gold.
What documents are required to apply for a gold loan in Buxar?
You'll need to furnish: Identity proof: Any of these Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card Address proof: Select from Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill
Are there any prepayment penalties on gold loans in Buxar?
Shriram Finance typically does not levy prepayment charges, making it convenient to repay your loan ahead of schedule. Review your specific loan agreement for detailed terms.
How can I check the status of my gold loan application in Buxar?
Upon completing the registration process, Shriram Finance's representatives will evaluate your application and provide updates on your gold 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.
