Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Chennai
Chennai is known for its deep-rooted tradition of gold ownership. The city provides an excellent opportunity to make the most of your assets through gold loans. Instead of selling your jewellery, you can use it to secure instant funds for various financial needs. With Shriram Finance, you benefit from a quick and transparent loan process, ensuring easy access to funds. Choose from flexible repayment tenures of 1 to 12 months and enjoy competitive interest rates starting at 10%* p.a. Find out more about how a gold loan can provide financial flexibility when you need it most.
Features and Benefits of Gold Loans in Chennai
Discover the straightforward features of the gold loan from Shriram Finance, crafted to support your financial journey in Chennai. Our loan offering combines simplicity with smart financial solutions.
Flexible Tenure
We know everyone's money needs are different. Choose a loan period between one month and one year that fits your budget perfectly. This means you can adjust your repayment to match your income and financial goals without added pressure.
Quick Approval
We understand time matters. Our loan process is quick, with minimal paperwork. You'll get your funds quickly, helping you tackle unexpected expenses or securing important opportunities without delay.
Maximum Finance
Unlock the true potential of your gold. We offer loans up to 75%* of your gold's current market value. This generous approach ensures you can access substantial funds when you need them most.
Low Rate of Interest
Affordability is key. Our interest rates start at just 10%* p.a., making borrowing easier on your wallet. We believe in transparent pricing that doesn't burden our customers.
Minimal Documentation
No more complicated forms. Our loan application requires very little paperwork. Just bring the essentials, and we'll handle the rest, making your borrowing experience smooth and stress-free.
Borrow Smartly
Pay interest only at the time you actually use the loan. This clever approach gives you more control over your borrowing costs, ensuring you don't pay a single rupee more than is necessary.
Gold Loan Interest Rates in Chennai
| 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 Chennai
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 Loans in Chennai
Applying gold loan in Chennai 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 Chennai
Gold Loan Customer Care in Chennai
Toll Free
Gold Loan Status in Chennai
To track your gold loan application with us, simply visit our website and enter your reference number for instant updates. For real-time assistance or further clarification, you can contact our customer care team, who are available to provide live updates and support. If you're looking to apply for a gold loan in Chennai with us, we offer a seamless application process with attractive interest rates and flexible repayment options tailored to your needs.
Gold Loan FAQs
Can I apply for a gold loan online in Chennai?
Yes, you can apply for a Shriram Gold Loan online via our website or mobile app.
What is the interest rate on gold loans in Chennai?
Gold loan interest rates start from 10%* p.a. The actual rate may vary depending on the gold's market value.
What is the tenure for a gold loan in Chennai?
You can opt for a repayment tenure ranging from 1 month to 12 months.
Can I get a gold loan for any type of gold in Chennai?
Shriram Finance offers gold loans against 18 to 22 carats gold jewellery and coins.
Is there a maximum or minimum limit for a gold loan in Chennai?
The loan amount is based on the value of your pledged gold, with financing available up to 75%* of its worth.
What documents are required to apply for a gold loan in Chennai?
Applicants need address proof (Aadhaar Card/Passport/Driver�s Licence/Voter ID/Utility Bills) and identity proof (Aadhaar Card/Passport/Driver�s Licence/Voter ID/PAN Card).
Are there any prepayment penalties on gold loans in Chennai?
Shriram Finance does not typically impose prepayment charges. It is recommended to review your loan terms for confirmation.
How can I check the status of my gold loan application in Chennai?
After applying, our representatives will evaluate your request and provide 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.
