Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Gangtok
Gold loans in Gangtok are a great way to access funds. They offer a reliable solution to unlock the value of your gold assets. You can choose to leverage gold's value for immediate financial needs, instead of selling your gold jewellery or coins. Shriram Finance is known for its streamlined application process, quick approval times and flexible repayment options, making it an ideal choice for individuals and businesses seeking quick financial assistance. With flexible tenures of 1 month to up to 12 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Gangtok business environment and allows you to get capital quickly.
Features and Benefits of Gold Loans in Gangtok
Shriram Gold Loans come with many attractive features and benefits. These are:
Minimal Documentation
Our gold loan process requires only essential documents, such as identity proof and address proof, making it extremely simple and hassle free. There is no need for extensive paperwork, reducing the time required for loan approval. This feature ensures a smooth and quick borrowing experience, especially for individuals in urgent need of funds.
Flexible Tenure
We offer repayment tenures ranging from one month to one year, giving you complete flexibility in managing your loan repayment. Whether you need a short term loan or a longer duration to repay, you can select a tenure that suits your financial situation. This ensures you do not face unnecessary pressure while repaying the borrowed amount.
Low Rate of Interest
Our interest rates start from 10%* p.a., making the loan affordable and easy to repay.
Borrow Smartly
With our gold loan, interest is charged only for the period you use the loan amount. If you repay earlier, you save on interest costs, making it a cost effective borrowing option. Unlike other loans with fixed interest charges, this feature ensures that you only pay for the exact duration you utilise the funds, reducing unnecessary financial burden.
Maximum Finance
You can avail up to 75%* of your pledged gold's market value as a loan, helping you access a large sum without selling your gold. This means you can use your gold as a financial resource while keeping it safe. Our transparent loan evaluation ensures that you get the highest possible value for your gold.
Quick Approval
The loan approval process is swift and efficient, allowing you to get the required funds within a short time. Minimal documentation further speeds up the approval process, ensuring that you do not face delays, especially when in urgent need of financial assistance for personal or business requirements.
Gold Loan Interest Rates in Gangtok
| 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 Gangtok
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). 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 Gangtok
Their easy to apply process will help you get a gold loan 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 Gangtok
Gold Loan Customer Care in Gangtok
Toll Free
Gold Loan Status in Gangtok
To check the status of your gold loan application, visit the Shriram Finance website and enter your application reference number. You can also contact customer care for real time updates on your loan processing status. Choose Shriram Finance and enjoy an attractive jewel loan interest rate in Gangtok.
Gold Loan FAQs
Can I apply for a gold loan online in Gangtok?
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 Gangtok?
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 Gangtok?
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 Gangtok?
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 Gangtok?
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 Gangtok?
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 Gangtok?
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 Gangtok?
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.
