Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Guntakal
Guntakal is a city in Andhra Pradesh. It is known for its historical significance and industrial activities. The Gold Loan in Guntakal offers a convenient means to unlock the value of gold assets, providing quick financial solutions without the need for extensive documentation. This loan allows individuals to retain ownership of their gold whilst accessing necessary funds for personal or business needs. With interest rates starting from 10%*p.a. and flexible repayment options, this loan is particularly appealing for addressing financial emergencies or investing in new opportunities. Shriram Finance's streamlined process and secure gold storage further enhance its appeal.
Features and Benefits of Gold Loans in Guntakal
In Guntakal, Shriram Finance offers a Gold Loan with several attractive features that cater to your financial needs. Here are the key benefits:
Borrow Smartly
You have the flexibility to pay interest only for the period the Gold Loan is used, providing flexibility in repayment.
Flexible Tenure
Repay your loan at your convenience with a tenure ranging from 1 month to 12 months.
Minimal Documentation
The process involves minimal paperwork, ensuring a hassle free experience.
Low Rate of Interest
Interest rates start from 10%*p.a., offering a cost effective option.
Quick Approval
Enjoy fast and reliable loan approvals to meet your urgent financial needs.
Maximum Finance
You can secure a loan up to 75% of your gold's market value.
Gold Loan Interest Rates in Guntakal
| 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 Guntakal
Address Proof
Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card (submit Form 60 if PAN Card is not available). Who Can Apply Eligible applicants include salaried individuals, self employed professionals, business owners, and other individuals. Age Applicants must be between 18* and 75* years old.
Step by Step Application Process for Gold Loans in Guntakal
The Gold Loan Application Process at Shriram Finance in Guntakal is straightforward, allowing you to secure 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 Guntakal
Gold Loan Customer Care in Guntakal
Toll Free
Gold Loan Status in Guntakal
Monitor your gold loan application progress with ease by simply entering your unique reference number on our official website portal. For instant updates or clarifications, don't hesitate to connect with our knowledgeable support team available 7 days a week. If you're looking to secure a gold loan in Guntakal, Shriram Finance offers a streamlined and user centric application process from beginning to end. We provide disbursement options including direct bank transfer, cheque, or cash depending on your preference and convenience. Our dedicated relationship managers are assigned to each customer to provide personalized guidance throughout the loan term. Additionally, we offer a part payment facility that allows you to reduce your interest burden at any point during the loan period.
Gold Loan FAQs
Can I apply for a gold loan online in Guntakal?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Guntakal. 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 loans in Guntakal?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Guntakal?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Guntakal?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Guntakal?
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 Guntakal?
Typically, you need to provide identity proof (such as an Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (like an Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Guntakal?
Generally, prepayment penalties are not imposed. However, it is advisable to review your loan agreement to confirm whether any prepayment penalties apply.
How can I check the status of my gold loan application in Guntakal?
Following the registration process, our representatives will assess your profile and contact you regarding the status of your gold loan application.
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.
