Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Guntur
If you require immediate financial support, a gold loan in Guntur is a reliable and practical choice. Instead of selling your gold, you can use its value to secure funds for urgent expenses. This approach allows you to retain ownership of your valuable assets while addressing your financial needs. Our gold loans come with competitive interest rates starting at 10%* p.a., making them an affordable option. The flexible repayment periods, ranging from one to twelve months, give you the freedom to manage your finances according to your needs. Whether you need a short term loan or a longer repayment period, we have options that can accommodate your situation. The streamlined approval process at Shriram Finance ensures that you can access funds quickly and without hassle. Minimal documentation is required, making the borrowing process straightforward and efficient. This is particularly beneficial when you need funds urgently and cannot afford to wait for lengthy approval procedures. By choosing a gold loan from Shriram Finance in Guntur, you can maximise the potential of your gold assets. This financial solution allows you to meet your immediate needs without parting with your valuable possessions. Whether it's for medical expenses, education, or business needs, our gold loan can provide the support you need. Explore how you can make the most of your gold assets with a gold loan from Shriram Finance in Guntur. Our team is here to guide you through the process and ensure that you have a smooth and hassle free experience.
Features and Benefits of Gold Loans in Guntur
In Guntur, Shriram Finance offers gold loans with the following features:
Flexible Tenure
With Shriram Finance in Guntur, you have the flexibility to choose a repayment period that suits your financial situation. You can select a tenure ranging from a minimum of one month to a maximum of one year. This flexibility allows you to manage your repayments comfortably, without feeling pressured by rigid schedules.
Minimal Documentation
The loan process is designed to be simple and hassle free, requiring very little paperwork. This minimal documentation ensures that you can access the funds you need quickly and without unnecessary delays. It's an ideal solution for those who need immediate financial support.
Low Rate of Interest
Shriram Finance offers competitive interest rates starting at 10%* p.a. This low rate of interest makes the gold loan an affordable borrowing option, helping you manage your financial needs without incurring high costs. The attractive interest rates ensure that you can repay the loan comfortably.
Borrow Smartly
One of the key benefits of our gold loan is that you only pay interest for the duration that you use the loan amount. This means that if you repay the loan early, you save on interest costs, making it a cost effective option. This feature allows you to manage your finances more efficiently and avoid unnecessary expenses.
Quick Approval
The approval process for a gold loan with Shriram Finance is swift and reliable. With minimal documentation and a streamlined process, you can get your loan approved quickly. This is particularly beneficial for those who need funds urgently and cannot afford to wait for lengthy approval procedures.
Maximum Finance
You can avail a loan of up to 75%* of your pledged gold's market value. This high loan to value ratio ensures that you can access a substantial amount of funds based on the value of your gold. Whether you need money for medical expenses, education, or business expansion, this feature provides you with the financial flexibility you need.
Gold Loan Interest Rates in Guntur
| 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 Guntur
Address Proof
Passport, Prepaid Mobile Bill, Aadhaar Card, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, or Landline Bill.
Identity Proof
To get a gold loan approved, applicants must provide one document from each of the specified categories. 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 Loans in Guntur
In Guntur, applying for a gold loan is a hassle free process with only four 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 Guntur
Gold Loan Customer Care in Guntur
Toll Free
Gold Loan Status in Guntur
Track your gold loan application status on our website by entering your reference number. For real time updates, contact our customer care team. Apply for a gold loan in Guntur with Shriram Finance today!
Gold Loan FAQs
Can I apply for a gold loan online in Guntur?
Yes, you can conveniently apply for a gold loan online through our website or mobile app.
What is the interest rate on gold loans in Guntur?
Gold loan interest rates begin at 10%* p.a. The final rate depends on the market value of the pledged gold.
What is the tenure for a gold loan in Guntur?
You can select a loan tenure ranging from 1 month to 12 months.
Can I get a gold loan for any type of gold in Guntur?
Shriram Finance offers gold loans against gold jewellery and coins ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Guntur?
The loan amount is determined based on the pledged gold's market value, with financing available up to 75%*.
What documents are required to apply for a gold loan in Guntur?
You must provide identity proof (Voter ID/Aadhaar Card/PAN Card/Passport/Driver's Licence) and address proof (Aadhaar Card/Passport/Utility Bills/Driving Licence).
Are there any prepayment penalties on gold loans in Guntur?
Shriram Finance usually does not charge prepayment penalties, allowing early repayment without extra costs. However, check your loan terms for complete details.
How can I check the status of my gold loan application in Guntur?
Once your application is submitted, our team will assess your profile and provide timely updates on 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.
