Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Cuttack
When financial needs arise, a gold loan in Cuttack from Shriram Finance offers a quick and reliable way to access funds without selling your precious gold. By using your gold jewellery or coins as collateral, you can secure a loan with interest rates starting at 10%* p.a. and flexible tenures from 1 to 12 months. Whether it's for education, medical emergencies, or business growth, our fast approvals and simple documentation ensure a smooth borrowing experience. Explore further to understand the benefits and application process in detail.
Features and Benefits of Gold Loans in Cuttack
In Cuttack, the gold loan features by Shriram Finance include the following benefits:
Flexible Tenure:
Repay your loan at your own pace, with options ranging from one month to one year. This flexibility allows you to choose a repayment schedule that suits your financial situation.
Quick Approval:
Enjoy hassle free loan approvals with minimal documentation required. Our streamlined process ensures you get the funds you need without unnecessary delays.
Maximum Finance:
Avail up to 75%* of your gold's current market value as a loan. This high loan to value ratio ensures you can access substantial funds based on the value of your gold.
Minimal Documentation:
The process is smooth and requires only a few essential documents, making it easy and quick to complete.
Borrow Smartly:
Pay interest only for the period the loan is active, helping you manage costs effectively and avoid paying more than necessary.
Low Rate of Interest:
Benefit from competitive interest rates starting as low as 10%* p.a, making your gold loan affordable and cost effective.
Gold Loan Interest Rates in Cuttack
| 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 Cuttack
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 Cuttack
Applying gold loan in Cuttack can be done easily 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 Cuttack
Gold Loan Customer Care in Cuttack
Toll Free
Gold Loan Status in Cuttack
Easily track your gold loan application by entering your reference number on our website. For live updates, contact our customer care team. Choose Shriram Finance for your gold loan in Cuttack!
Gold Loan FAQs
Can I apply for a gold loan online in Cuttack?
Yes, you can apply online for a Shriram Gold Loan using our website or mobile app.
What is the interest rate on gold loans in Cuttack?
Gold loans start at 10%* p.a., with the final rate based on the pledged gold's market value.
What is the tenure for a gold loan in Cuttack?
You can choose a repayment tenure from 1 month to 12 months.
Can I get a gold loan for any type of gold in Cuttack?
Shriram Finance provides loans against gold jewellery and coins ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Cuttack?
The loan amount is calculated based on the value of the pledged gold, with funding up to 75%*.
What documents are required to apply for a gold loan in Cuttack?
Applicants must submit identity proof (Aadhaar Card/Passport/Voter ID/Driver's Licence/PAN Card) and address proof (Aadhaar Card/Utility Bills/Passport).
Are there any prepayment penalties on gold loans in Cuttack?
Shriram Finance usually does not impose prepayment penalties, enabling you to repay early without extra charges. 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 Cuttack?
Once your application is submitted, our representatives will assess your request and update you accordingly.
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.
