Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold loan in Firozabad
Gold loans provide a practical way to address immediate financial needs without having to sell your gold. They can be used for a variety of purposes, such as covering medical costs, funding education, renovating your home, or investing in a business. By using your gold in this manner, you can unlock its value and make it work for you. Shriram Finance offers a straightforward process for obtaining a gold loan in Firozabad. The application involves minimal administrative tasks, rapid approval, and flexible repayment terms. You can take advantage of attractive interest rates starting at 10%* p.a. and select a repayment period that suits your financial circumstances. Find out more about how a gold loan can help you achieve your financial goals.
Features and Benefits of Gold Loan in Firozabad
Described below are the key features of the gold loan offered by Shriram Finance in Firozabad.
Flexible Tenure
Choose your repayment schedule, with a minimum loan tenure of 1 month and a maximum of 1 year. This flexibility allows you to select a repayment plan that best suit your financial situation and needs.
Minimal Documentation
The loan process is straightforward, requiring minimal documentation for approval. This ensures you can secure the funds you need without unnecessary delays or complications.
Quick Approval
Enjoy fast loan approval with minimal paperwork, ensuring a seamless borrowing experience. This means you can access the funds you need promptly, which is crucial during times of financial urgency.
Borrow Smartly
Pay interest only for the duration of the gold loan, ensuring a smart borrowing strategy. This feature helps you manage your finances efficiently and avoid unnecessary interest payments.
Maximum Finance
Gold loans are offered up to 75%* of the value of the gold pledged. This allows you to unlock significant value from your gold assets, providing substantial financial support.
Low Rate of Interest
The interest rate starts at 10%* p.a., ensuring an affordable borrowing option. This competitive rate ensures that you get the best value for your gold while keeping your borrowing costs manageable.
Gold Loan Interest Rates in Firozabad
| 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 Firozabad
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
Passport, Aadhaar Card, Voter ID, 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 Loan in Firozabad
Applying for gold loan in Firozabad 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 Firozabad
Gold Loan Customer Care in Firozabad
Toll Free
Gold Loan Status in Firozabad
Check our website and input your reference number to track your gold loan application. For instant assistance, get in touch with our customer care team. Apply for a gold loan in Firozabad with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Firozabad?
Yes, you can conveniently apply for a Shriram Gold Loan online. 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 loan in Firozabad?
The interest rate starts from 10%* p.a. The final rate depends on the market value of the gold you pledge as security.
What is the tenure for a gold loan in Firozabad?
You can opt for a repayment tenure ranging from 1 month up to 12 months, depending on your financial needs.
Can I get a gold loan for any type of gold in Firozabad?
Shriram Finance offers gold loan for ornaments and coins made of 18 to 22 carats gold.
Is there a maximum or minimum limit for a gold loan in Firozabad?
We offer loans up to 75%* of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Firozabad?
You need to provide identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Utility Bills).
Are there any prepayment penalties on gold loan in Firozabad?
Shriram Finance typically does not impose prepayment charges. However, borrowers should review their loan agreement for specific details.
How can I check the status of my gold loan application in Firozabad?
Once your application is processed, our representatives will evaluate your request and keep you informed about 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.
