Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Faridabad
When financial needs arise, a gold loan in Faridabad from Shriram Finance can offer a quick and secure solution. Instead of selling your gold, you can use it to access funds with minimal documentation and fast approvals. Our loans come with competitive interest rates starting at 10%* p.a. and flexible repayment options ranging from 1 to 12 months, allowing you to manage your finances with ease. Your gold remains safe while you meet your urgent expenses, be it medical emergencies, business investments, or personal commitments. Explore the guide ahead to understand the process and benefits in detail.
Features and Benefits of Gold Loan in Faridabad
Shriram Finance provides gold loan with several features, making it easier to meet your financial needs efficiently:
Maximum Finance
You can avail up to 75%* of your gold's market value as a loan. This allows you to unlock a significant portion of your gold's value, providing you with substantial funds based on the current market rate.
Low Rate of Interest
Interest rates start at an affordable 10%* p.a. This competitive rate ensures that borrowing against your gold remains cost effective, helping you manage your finances efficiently.
Borrow Smartly
Interest is applicable only at the time the gold loan is used. This feature allows you to borrow smartly, ensuring that you only pay interest for the duration you actually need the loan.
Minimal Documentation
The loan process is designed to be simple and requires very little paperwork. This means you can enjoy a hassle free experience with quick and easy processing.
Flexible Tenure
Choose a repayment period that suits your needs, with a tenure ranging from one month to one year. This flexibility helps you plan your repayments according to your financial situation and convenience.
Quick Approval
Get fast approvals with minimal documentation for a hassle free experience. This ensures that you can access the funds you need quickly and without unnecessary delays.
Gold Loan Interest Rates in Faridabad
| 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 loan in Faridabad
Address Proof
Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile 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). 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 Loan in Faridabad
Applying for gold loan in Faridabad can be done in 4 easy 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 Faridabad
Gold Loan Customer Care in Faridabad
Toll Free
Gold Loan Status in Faridabad
Keep track of your gold loan application status by entering your reference number on our website. For immediate updates, you can also contact our customer care team. They are always ready to assist you with any queries or concerns. If you're looking to apply for a gold loan in Faridabad, Shriram Finance is here to help. Our branches provide clear information and personalised support to ensure a smooth application process. Reach out today and experience hassle free financial services with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Faridabad?
Yes, you can apply for a Shriram Gold Loan online through our official website or mobile app for a hassle free experience.
What is the interest rate on gold loan in Faridabad?
Shriram Finance offers gold loan with interest rates starting from 10%* p.a. The actual rate may vary based on the current market value of the pledged gold.
What is the tenure for a gold loan in Faridabad?
You can choose a loan tenure ranging from 1 month to a maximum of 12 months, providing flexibility in repayment.
Can I get a gold loan for any type of gold in Faridabad?
Gold loan are available for jewellery and coins with a purity of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Faridabad?
The loan amount is determined based on the gold's value, with financing of up to 75%* of its market price.
What documents are required to apply for a gold loan in Faridabad?
Applicants must provide identity proof (Voter ID/Aadhaar Card/Passport/Driver's Licence/PAN Card) and address proof (Aadhaar Card/Driver's Licence/Voter ID/Passport/Utility Bills).
Are there any prepayment penalties on the gold loan in Faridabad?
Shriram Finance generally does not charge prepayment penalties. However, reviewing the terms of your loan agreement is advisable.
How can I check the status of my gold loan application in Faridabad?
After submitting your application, our team will assess your request and provide timely updates regarding 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.
