Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Chandigarh
If you need quick financial assistance, a gold loan in Chandigarh from Shriram Finance is a secure and convenient option. Instead of selling your gold, you can leverage its value to get funds for urgent expenses. With interest rates starting at 10%* p.a. and flexible repayment tenures between 1 and 12 months, you can manage your finances on your terms. Our swift approval process and minimal paperwork make borrowing easy and hassle free. Continue reading to understand how you can make the most of your gold assets.
Features and Benefits of Gold Loans in Chandigarh
In Chandigarh, Shriram Finance offers gold loans with the following features:
Minimal Documentation
Our gold loan process requires only essential documents, such as identity proof and address proof, making it extremely simple and hassle free. There is no need for extensive paperwork, reducing the time required for loan approval. This feature ensures a smooth and quick borrowing experience, especially for individuals in urgent need of funds.
Flexible Tenure
We offer repayment tenures ranging from one month to one year, giving you complete flexibility in managing your loan repayment. Whether you need a short term loan or a longer duration to repay, you can select a tenure that suits your financial situation. This ensures you do not face unnecessary pressure while repaying the borrowed amount.
Low Rate of Interest
Our interest rates start from 10%* p.a., making the loan affordable and easy to repay.
Borrow Smartly
With our gold loan, interest is charged only for the period you use the loan amount. If you repay earlier, you save on interest costs, making it a cost effective borrowing option. Unlike other loans with fixed interest charges, this feature ensures that you only pay for the exact duration you utilise the funds, reducing unnecessary financial burden.
Quick Approval
The loan approval process is swift and efficient, allowing you to get the required funds within a short time. Minimal documentation further speeds up the approval process, ensuring that you do not face delays, especially when in urgent need of financial assistance for personal or business requirements.
Maximum Finance
You can avail up to 75%* of your pledged gold's market value as a loan, helping you access a large sum without selling your gold. This means you can use your gold as a financial resource while keeping it safe. Our transparent loan evaluation ensures that you get the highest possible value for your gold.
Gold Loan Interest Rates in Chandigarh
| 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 Chandigarh
Address Proof:
Passport, Prepaid Mobile Bill, Aadhaar Card, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity 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). 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 Chandigarh
In Chandigarh, applying for a gold loan is a hassle free process with only four 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 Chandigarh
Gold Loan Customer Care in Chandigarh
Toll Free
Gold Loan Status in Chandigarh
Track your gold loan application status on our website by entering your reference number. For real time updates, contact our customer care team. Apply for a gold loan in Chandigarh with Shriram Finance today! You can conveniently apply online through our official website or mobile application. This easy process allows you to start your application from the comfort of your home and access the funds you need quickly and efficiently. Experience hassle free service and competitive rates with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Chandigarh?
Yes, you can conveniently apply for a gold loan online through our website or mobile app.
What is the interest rate on gold loans in Chandigarh?
Gold loan interest rates begin at 10%* p.a. The final rate depends on the market value of the pledged gold.
What is the tenure for a gold loan in Chandigarh?
You can choose a loan tenure ranging from 1 month to 12 months. This flexibility allows you to select a repayment period that best suits your financial situation and needs.
Can I get a gold loan for any type of gold in Chandigarh?
Shriram Finance offers gold loans against gold jewellery and coins ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Chandigarh?
The loan amount is determined based on the pledged gold's market value, with financing available up to 75%*.
What documents are required to apply for a gold loan in Chandigarh?
You must provide identity proof (Aadhaar Card/PAN Card/Passport/Voter ID/Driver's Licence) and address proof (Aadhaar Card/Passport/Utility Bills/Driving Licence).
Are there any prepayment penalties on gold loans in Chandigarh?
Shriram Finance usually does not charge prepayment penalties, allowing early repayment without extra costs. However, check your loan terms for complete details.
How can I check the status of my gold loan application in Chandigarh?
Once your application is submitted, our team will assess your profile and provide timely updates on 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.
