Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Chitradurga
Are you a resident of Chitradurga and in need of a bit of extra money to help achieve your goals, or to manage unexpected expenses? Do you have gold assets that you could make use of? Taking out a Gold Loan in Chitradurga from Shriram Finance offers a clear and dependable way to unlock the value held within your gold possessions, without having to sell them. Instead of choosing to part with your cherished gold jewellery or valuable gold coins, you can use their inherent worth to address any pressing financial needs. Shriram Finance is a well regarded name across the financial industry, and is proud to provide accessible, dependable, and tailored gold loan services to meet your individual needs. The fact that Shriram Finance offer manageable repayment options, in conjunction with highly competitive interest rates means that securing a Gold Loan in Chitradurga could be the perfect solution to meet your specific financial requirements. We know that our customers' time is precious, so Shriram Finance strive to keep their loan application process as simple and easy to navigate as possible. This ensures that it's straightforward for residents to gain access to the money they need.
Features and Benefits of Gold Loans in Chitradurga
There are several appealing features, and a wide range of benefits associated with choosing a gold loan with Shriram Finance in Chitradurga:
Simple Paperwork
We don't want you to spend hours filling out forms, which is why Shriram Finance has designed a straightforward and efficient application process, with minimal paperwork required.
Interest Savings
Make the most of your money by only paying interest for the time that you are actively using the loan.
Maximise the amount you can borrow
You can typically borrow up to 75% of the actual market value of your gold items.
Choose a repayment plan that works for you
Design a repayment schedule that works for you and meets your individual needs and circumstances. Our minimum loan duration is 1 month, and the maximum loan duration is 1 year.
Benefit from low interest rates
Take advantage of our competitive interest rates, which start from just 10%* per year.
Quick Decision
Our team understands that you need access to the money as quickly as possible, which is why our streamlined process ensures your loan will be approved, and the money paid out with as little delay as possible.
Gold Loan Interest Rates in Chitradurga
| 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 Chitradurga
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 Chitradurga
Applying for a gold loan with Shriram Finance is a straightforward process, and can be completed in just four simple 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 Chitradurga
Gold Loan Customer Care in Chitradurga
Toll Free
Gold Loan Status in Chitradurga
Stay informed about the progress of your gold loan application in Chitradurga. 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 Chitradurga?
Yes, you can apply for a gold loan online. Visit our website or mobile app to apply for Shriram Gold Loan.
What is the interest rate on gold loans in Chitradurga?
The interest rate starts from 10%* p.a. However, the final gold loan interest rates offered by the lender may depend on the market value of the gold pledged as security.
What is the tenure for a gold loan in Chitradurga?
You can choose a loan tenure starting from 1 month up to 12 months.
Can I get a gold loan for any type of gold in Chitradurga?
Shriram Finance provides gold loans for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Chitradurga?
The loan amount will depend on your gold. Loans up to 75% of your gold value are offered.
What documents are required to apply for a gold loan in Chitradurga?
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 Chitradurga?
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 Chitradurga?
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.
