Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Durgapur
Unexpected expenses can arise anytime, and having access to quick funds can be crucial. Instead of parting with your gold, you can use its value to secure a gold loan in Durgapur through Shriram Finance. With competitive interest rates starting at 10%* p.a. and repayment tenures ranging from 1 to 12 months, this loan offers a convenient and secure way to manage your financial requirements. The process is quick and straightforward, ensuring you receive funds without unnecessary delays. Shriram Finance's gold loan in Durgapur allows you to leverage the value of your gold to meet urgent financial needs. The interest rates are competitive, starting at just 10%* p.a., making it an affordable option. You can choose a repayment tenure that suits your financial situation, with options ranging from one month to one year. This flexibility ensures that you can repay the loan at your own pace. The application process is designed to be simple and hassle free, requiring minimal documentation. This means you can get the funds you need quickly, without the burden of extensive paperwork. Whether you need money for medical expenses, education, or any other urgent requirement, our gold loan in Durgapur provides a reliable solution. Explore the guide to understand the benefits and steps to apply for a gold loan with us. Secure your financial future with ease and confidence, knowing that you have access to quick and reliable funds whenever you need them. Reach out to Shriram Finance today for more information and assistance!
Features and Benefits of Gold Loans in Durgapur
Described below are the key features of the gold loan offered by Shriram Finance in Durgapur.
Maximum Finance:
You can secure up to 75%* of your gold's market value as a loan amount. This allows you to unlock significant value from your gold assets, providing substantial financial support when you need it most, whether for personal or business needs.
Borrow Smartly:
Pay interest only for the period you use the gold loan, keeping it affordable. This feature ensures that you are not burdened with high interest payments, making it a cost effective borrowing option that helps you manage your finances better.
Quick Approval:
The approval process is fast and requires minimal documentation, ensuring a smooth experience. This means you can access the funds you need promptly, which is crucial during times of financial urgency, providing you with timely financial relief.
Low Rate of Interest:
The interest rate starts at 10%* p.a., providing you with an affordable loan option. This competitive rate ensures that you get the best value for your gold while keeping your borrowing costs manageable, making it easier to repay the loan.
Minimal Documentation:
The loan process is quick and involves very little paperwork, saving you time and effort. This streamlined approach ensures that you can access the funds you need without unnecessary delays or complications, making the process smooth and efficient.
Flexible Tenure:
You can repay the loan over a flexible tenure, starting at 1 month and going up to 1 year. This flexibility ensures that you can choose a repayment plan that best fits your financial situation and needs, giving you peace of mind.
Gold Loan Interest Rates in Durgapur
| 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 Durgapur
Address Proof
Aadhaar Card, Prepaid Mobile Bill, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, or Landline Bill.
Identity Proof
Voter ID, Aadhaar Card, Passport, Driver's License, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). 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 Durgapur
Applying gold loan in Durgapur 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 Durgapur
Gold Loan Customer Care in Durgapur
Toll Free
Gold Loan Status in Durgapur
Visit our website and enter your reference number to track your gold loan application. For live updates, contact our customer care team. Apply for a gold loan in Durgapur with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Durgapur?
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 Durgapur?
Jewel 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 Durgapur?
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 Durgapur?
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 Durgapur?
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 Durgapur?
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 Durgapur?
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 Durgapur?
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.
