Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Coimbatore
Need quick funds without parting with your gold? A gold loan in Coimbatore from Shriram Finance lets you unlock the value of your gold assets while retaining ownership. With interest rates starting at 10%* p.a. and loan tenures ranging from 1 to 12 months, you can meet urgent financial needs effortlessly. Whether it's for personal expenses, business growth, or medical emergencies, our quick approvals and minimal paperwork ensure a seamless process. Keep reading to explore how you can secure a gold loan with ease.
Features and Benefits of Gold Loans in Coimbatore
In Coimbatore, Shriram Finance gold loans come with the following advantages:
Flexible Tenure
Repay your gold loan at your convenience with flexible tenures ranging from one month to one year. This allows you to choose a repayment schedule that best fits your financial situation.
Borrow Smartly
Interest is charged only for the period you keep the loan, ensuring you only pay for the time you actually use the funds. This helps you manage your borrowing costs more effectively.
Quick Approval
Experience fast loan approvals with a simple and straightforward process. Our streamlined procedures mean you can get the funds you need without unnecessary delays.
Minimal Documentation
The application process is easy and requires only a few essential documents, making it hassle free and quick to complete.
Maximum Finance
Get funding up to 75%* of your gold's current market value. This high loan to value ratio ensures you can access substantial funds based on the value of your gold.
Low Rate of Interest
Enjoy competitive interest rates starting at 10%* p.a., making your gold loan affordable and cost effective.
Gold Loan Interest Rates in Coimbatore
| 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 Coimbatore
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 Coimbatore
Applying for a gold loan in Coimbatore is easy-just follow these 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 Coimbatore
Gold Loan Customer Care in Coimbatore
Toll Free
Gold Loan Status in Coimbatore
To check the status of your gold loan application in Coimbatore, visit our website and enter your reference number. For immediate updates, you can also contact our customer care team. Shriram Finance is committed to providing you with a seamless experience. Whether you're applying for a gold loan or tracking your application, we're here to assist you every step of the way. Secure your gold loan in Coimbatore with Shriram Finance and enjoy peace of mind knowing you're in good hands!
Gold Loan FAQs
Can I apply for a gold loan online in Coimbatore?
Yes, applying for a gold loan online is easy. 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 Coimbatore?
The starting interest rate is 10%* p.a. 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 Coimbatore?
Loan tenure options range from a minimum of 1 month to a maximum of 12 months.
Can I get a gold loan for any type of gold in Coimbatore?
Shriram Finance offers gold loans for gold jewellery and coins of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Coimbatore?
Your loan amount is based on the value of your pledged gold, with financing of up to 75%*.
What documents are required to apply for a gold loan in Coimbatore?
Applicants need to provide identity proof (Passport/PAN Card/Aadhaar Card/Voter ID/Driver's Licence) and address proof (Utility Bills/Aadhaar Card/Passport).
Are there any prepayment penalties on gold loans in Coimbatore?
Shriram Finance generally does not charge prepayment penalties, allowing you to close your loan early without extra fees. It's best to review your loan agreement for confirmation.
How can I check the status of my gold loan application in Coimbatore?
After applying, our team will review your application and provide status updates as soon as possible.
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.
