Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Chikkamagaluru
Rather than selling your prized possessions, such as jewellery or gold coins, you can use their value to address more immediate financial concerns. Shriram Finance is a recognised provider of gold loan services. With manageable repayment options and appealing interest rates, a Gold Loan in Chikkamagaluru could be the perfect solution to meet your current needs. Shriram Finance have streamlined the loan application process to make things as straightforward as possible for their customers.
Features and Benefits of Gold Loans in Chikkamagaluru
Here are just some of the benefits that come with taking out a gold loan with Shriram Finance in Chikkamagaluru:
Maximum Finance
Unlock as much as 75% of the true market value of your gold.
Competitive Interest Rates
Take advantage of our highly competitive interest rates, starting from 10%* per year.
Flexible Repayment Options
Select a repayment schedule that suits your individual needs. You can borrow the money for as little as 1 month, or as long as 1 year.
Simple Documentation
Enjoy our straightforward and simple application process.
Interest Efficiency
Only pay interest for the time that you are actively using the loan.
Fast Approval
As we only ask for minimal information, we can guarantee that the loan will be approved quickly.
Gold Loan Interest Rates in Chikkamagaluru
| 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 Chikkamagaluru
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 Requirement: Applicants must be between 18 and 75 years* of age. Applicant Type: Individuals who are salaried, self employed, professionals, business owners, and others, are eligible to apply.
Step by Step Application Process for Gold Loans in Chikkamagaluru
Getting a loan with Shriram Finance is simple, and here are the 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 Chikkamagaluru
Gold Loan Customer Care in Chikkamagaluru
Toll Free
Gold Loan Status in Chikkamagaluru
Stay informed about the progress of your gold loan application in Chikkamagaluru. Simply visit our website and enter your unique application reference number to track your application status. Alternatively, you can contact our customer care team for real time updates.
Gold Loan FAQs
Can I apply for a gold loan online in Chikkamagaluru?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Chikkamagaluru. Visit our official website or download our mobile app to start your application. You can complete the entire process digitally, saving time and avoiding unnecessary branch visits.
What is the interest rate on gold loans in Chikkamagaluru?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Chikkamagaluru?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Chikkamagaluru?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Chikkamagaluru?
We offer loans up to 75% of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Chikkamagaluru?
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 Chikkamagaluru?
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 Chikkamagaluru?
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.
