Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Gurugram
A gold loan in Gurugram offers a practical and efficient way to access funds without selling your valuable jewellery. With Shriram Finance, you can leverage your gold assets to meet immediate financial requirements seamlessly. The loan process involves quick approval, minimal paperwork, and flexible repayment options, making it an ideal choice for those seeking urgent financial assistance. Shriram Finance allows you to borrow up to 75%* of the market value of your gold, ensuring substantial financial support. Interest rates start at a competitive 10%* p.a., with loan tenures ranging from one month to twelve months. Additionally, your pledged gold is stored securely, providing peace of mind while you manage your finances. Whether for personal needs or business growth, this financial solution is a reliable way to address your financial challenges effectively.
Features and Benefits of Gold Loans in Gurugram
Shriram Finance offers a Gold Loan in Gurugram with several attractive features that make it an ideal financial solution. Here are some key benefits:
Flexible Tenure
Repay the loan whenever needed, with a minimum tenure of one month and a maximum of one year. This flexibility allows you to choose a repayment schedule that best fits your financial situation, ensuring you can manage your finances without undue stress.
Minimal Documentation
The loan process is designed to be quick and straightforward, requiring minimal paperwork. This means you can enjoy a hassle free experience with fast and easy processing, saving you time and effort.
Borrow Smartly
Interest applies only to the period you utilise the gold loan. This feature ensures that you only pay interest for the duration you actually need the loan, making it a cost effective borrowing option.
Quick Approval
Experience fast loan processing with minimal documentation. This ensures that you can access the funds you need promptly, without unnecessary delays, making it ideal for urgent financial requirements.
Maximum Finance
Secure a loan of up to 75%* of your pledged gold's market value. This allows you to unlock a significant portion of your gold's value, providing you with substantial funds based on the current market rate.
Low Rate of Interest
Gold loan interest rates begin at 10%* p.a. This competitive rate ensures that borrowing against your gold remains affordable, helping you manage your finances efficiently.
Gold Loan Interest Rates in Gurugram
| 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 Gurugram
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 (submit Form 60 if PAN Card is not available). Age The applicant must be between 18* and 75* years old. Who Can Apply Salaried individuals, self employed professionals, business owners, and other eligible individuals can apply.
Step by Step Application Process for Gold Loans in Gurugram
The straightforward Gold Loan Application Process at Shriram Finance in Gurugram allows you to secure a Gold Loan quickly in just four simple 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 Gurugram
Gold Loan Customer Care in Gurugram
Toll Free
Gold Loan Status in Gurugram
For residents of Gurugram seeking quick financial solutions, Shriram Finance's Gold Loan is an ideal option. You can easily track the progress of your application by visiting our website or contacting our customer care team for timely updates. By opting for Shriram Finance, you can enjoy a seamless borrowing experience tailored to meet your financial objectives in Gurugram.
Gold Loan FAQs
Can I apply for a gold loan online in Gurugram?
Yes, you can submit your application for a gold loan via our website or mobile app.
What is the interest rate on gold loans in Gurugram?
The interest rate starts at 10%* p.a. However, the final interest rate offered by the financial institution may vary based on the market value of the gold used as collateral.
What is the tenure for a gold loan in Gurugram?
You can select a loan tenure from 1 month to 12 months.
Can I get a gold loan for any type of gold in Gurugram?
Gold loans are available for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Gurugram?
The loan amount is contingent upon the value of your gold. Loans up to 75%* of your gold's value are available.
What documents are required to apply for a gold loan in Gurugram?
Typically, you need to provide identity proof (such as an Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (like an Aadhaar Card, Gas Connection Card, Water Bill, Passport, Driver's License, Voter ID, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Gurugram?
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 Gurugram?
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.
