Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Gwalior
Gold loans provide a practical means of accessing funds without having to sell your valuable gold assets. They can be used to cover a range of financial needs, from education and medical costs to business investments, making them wise financial decisions. Shriram Finance offers a streamlined process for obtaining a gold loan in Gwalior. The application requires minimal paperwork, ensuring a hassle free experience. Rapid approval means you can access funds quickly, addressing urgent financial needs without delay! Flexible repayment options allow you to choose a tenure that suits your financial situation, ranging from one month to twelve months. With interest rates beginning at 10%* p.a., these loans are designed to be affordable, helping you manage your finances effectively. Shriram Finance in Gwalior is committed to providing clear and transparent information about all charges and terms associated with your loan. Visit your nearest branch to experience their excellent customer service and discover how a gold loan can help you meet your financial requirements efficiently.
Features and Benefits of Gold Loans in Gwalior
In Gwalior, the features of gold loan provided by Shriram Finance are detailed as follows:
Flexible Tenure
Choose a repayment duration that suits your needs, ranging from 1 month to 12 months. This flexibility allows you to manage your finances effectively, ensuring you can repay the loan at your convenience without any undue pressure.
Low Rate of Interest
Interest rates start from 10%* p.a., making the loan affordable. This competitive rate ensures that you can borrow funds without incurring high interest costs, making it a cost effective solution for your financial needs.
Borrow Smartly
Pay interest only for the duration you use the loan amount. This feature helps keep the overall cost lower, as you are not burdened with unnecessary interest payments, making it a smart borrowing option.
Minimal Documentation
The process is designed to be hassle free, requiring only essential paperwork. This streamlined approach reduces the time and effort needed to secure your loan, making it easier and quicker to access funds when you need them most.
Maximum Finance
Secure up to 75%* of your pledged gold's market value as a loan. This high loan to value ratio allows you to unlock significant funds based on the value of your gold, providing substantial financial support.
Quick Approval
Benefit from a fast approval process with minimal paperwork. This ensures you get the funds you need without unnecessary delays, making it ideal for urgent financial needs.
Gold Loan Interest Rates in Gwalior
| 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 Gwalior
Address Proof
Passport, Driver's License, Prepaid Mobile Bill, Aadhaar Card, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, or Landline Bill.
Identity Proof
Driver's License, Voter ID, Aadhaar Card, Passport, 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 Gwalior
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 Gwalior
Gold Loan Customer Care in Gwalior
Toll Free
Gold Loan Status in Gwalior
To check the status of your gold loan application, visit our website and enter your application reference number. You can also contact customer care for real time updates. Choose Shriram Finance and easily apply for a gold loan in Gwalior.
Gold Loan FAQs
Can I apply for a gold loan online in Gwalior?
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 Gwalior?
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 Gwalior?
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 Gwalior?
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 Gwalior?
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 Gwalior?
You typically need identity proof (Driver's Licence/Aadhaar Card/Passport/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 Gwalior?
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 Gwalior?
After completing the registration process, representatives will evaluate your profile and get 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.
