Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Gangavati
Do you need access to urgent funds? A Gold Loan in Gangavati from Shriram Finance provides a way to use your gold assets without selling them. Instead of parting with your precious gold jewellery or coins, you can use their value to address immediate financial needs. Shriram Finance offers gold loan services across India, including Gangavati, with benefits to suit your circumstances. Shriram Finance is known for its streamlined application process, quick disbursal times, and flexible repayment options, making it a good choice if you need money quickly. With tenures of 1 month to 12 months and interest rates starting from 10%* p.a., Shriram Finance helps you get the funds you need.
Features and Benefits of Gold Loans in Gangavati
Opting for a Shriram Gold Loan in Gangavati unlocks a range of advantageous features:
Optimised Loan to Value Ratio
Access up to 75% of your gold's current market value as a loan. Gold loans are designed to maximise the amount you can borrow against your pledged gold.
Interest Optimisation
With Shriram Finance, you only pay interest for the exact duration you utilise the loan amount, allowing you to save money when you repay early.
Swift Loan Approval
Experience a fast and efficient loan approval process, ensuring you receive the funds you need without unnecessary delays.
Competitive Interest Rates
Benefit from attractive interest rates, starting from 10%* p.a., making borrowing affordable.
Flexible Repayment Options
Choose a repayment plan that fits your budget, with options ranging from monthly instalments to lump sum payments at the end of the loan term. The loan tenure ranges from 1 month to 1 year.
Simplified Documentation
Enjoy a streamlined application process with minimal paperwork, making it quick and easy to get the funds you need.
Gold Loan Interest Rates in Gangavati
| 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 Gangavati
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Proof of Identity
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card. (If you do not have a PAN Card, you can submit Form 60). Age Requirement Applicants must be between 18 and 75 years* of age. Applicant Type Individuals who are salaried, self employed, professionals, business owners, and others, are eligible to apply.
Step by Step Application Process for Gold Loans in Gangavati
Here's how to get a gold loan 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 Gangavati
Gold Loan Customer Care in Gangavati
Toll Free
Gold Loan Status in Gangavati
To check the status of your gold loan application, visit our website and enter your application reference number. Alternatively, contact customer care for real time updates.
Gold Loan FAQs
Can I apply for a gold loan online in Gangavati?
Yes, you can apply for a gold loan online. Visit our website or mobile app to apply for Shriram Gold Loan.
What is the interest rate on gold loans in Gangavati?
The interest rate starts from 10%* p.a. However, the final gold loan interest rates offered by the lender may depend on the market value of the gold pledged as security.
What is the tenure for a gold loan in Gangavati?
You can choose a loan tenure starting from 1 month up to 12 months.
Can I get a gold loan for any type of gold in Gangavati?
Shriram Finance provides gold loans for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Gangavati?
The loan amount will depend on your gold. Loans up to 75% of your gold value are offered.
What documents are required to apply for a gold loan in Gangavati?
You typically need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card), and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Gas Connection Card/Water Bill/Electricity Bill/Prepaid Mobile Bill/Landline Bill).
Are there any prepayment penalties on gold loans in Gangavati?
Shriram Finance typically does not impose prepayment penalties on gold loans. 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 Gangavati?
After completing the registration process, representatives will evaluate your profile and revert back to you regarding your gold loan.
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.
