Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Hamirpur
Gold is more than just an asset; it can be a financial backup in times of need. With a gold loan in Hamirpur from Shriram Finance, you can access quick funds while keeping your gold safe. Our loans come with competitive interest rates starting at 10%* p.a. and flexible repayment periods ranging from 1 to 12 months, making repayment convenient. If you need money for personal expenses, medical emergency, or business needs, our simple documentation process ensures a smooth experience. Minimal paperwork means you can get your loan approved quickly, without the hassle of extensive documentation. This streamlined approach is ideal for urgent financial situations where time is of the essence. The flexibility of our loan tenure allows you to choose a repayment period that suits your financial situation. Whether you need a short term loan or a longer repayment period, we have options that can accommodate your needs. This flexibility ensures that you can manage your repayments comfortably, without feeling pressured by rigid schedules. With Shriram Finance, you can borrow up to 75%* of the value of your pledged gold. This high loan to value ratio ensures that you can access a substantial amount of funds based on the value of your gold. Whether it's for medical expenses, education, or business expansion, this feature provides you with the financial flexibility you need. Our competitive interest rates make borrowing cost effective and affordable. The attractive rates ensure that you can manage your loan costs effectively, meeting your financial obligations without undue strain. By choosing a gold loan from Shriram Finance in Hamirpur, you can leverage the value of your gold to meet your financial needs without parting with your valuable assets. Explore how you can make the most of this financial solution with Shriram Finance. 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 Loan in Hamirpur
In Hamirpur, Shriram Finance gold loans come with the following advantages:
Flexible Tenure
Repay the loan whenever required, with a minimum term of one month and a maximum of one year. This flexibility allows you to align your loan repayments with your financial plans, providing peace of mind and reducing financial stress. You can choose a repayment period that best suits your financial situation.
Minimal Documentation
Our gold loan process in Hamirpur involves minimal paperwork, ensuring that you can access funds quickly and easily. This streamlined approach saves time and effort, making it ideal for urgent financial needs. You won't have to deal with extensive documentation, allowing you to focus on your immediate financial requirements.
Borrow Smartly
Interest is charged only for the duration you use the loan, helping you save on costs. This feature is particularly beneficial if you require funds for a short period, as it minimises your overall loan expenses. By paying interest only at the time you use the loan, you can manage your finances more efficiently.
Maximum Finance
Obtain up to 75%* of your pledged gold's market value as a loan. This ensures you get the best possible value for your gold while keeping it safe. Whether you need funds for medical expenses, education, or business needs, this high loan to value ratio provides you with the financial flexibility you need.
Quick Approval
Benefit from a smooth and quick loan approval process with minimal paperwork. Our efficient system ensures prompt access to funds when you need them most. This quick turnaround is essential in urgent financial situations.
Low Rate of Interest
Gold loan interest rates start at 10%* p.a., making borrowing cost effective and affordable. This competitive rate helps you manage your loan costs effectively, ensuring that you can meet your financial obligations without undue strain.
Gold Loan Interest Rates in Hamirpur
| 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 Hamirpur
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
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, business owners, self employed professionals and other individuals.
Step by Step Application Process for Gold Loans in Hamirpur
Applying for a gold loan in Hamirpur is easy-just follow these 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 Hamirpur
Gold Loan Customer Care in Hamirpur
Toll Free
Gold Loan Status in Hamirpur
Want to check your gold loan application status? Simply visit our website and enter your reference number. You can also reach out to customer care for instant updates. Get a gold loan in Hamirpur with Shriram Finance!
Gold Loan FAQs
Can I apply for a gold loan online in Hamirpur?
Yes, applying for a gold loan online is easy. Visit our official website or mobile app to begin the process.
What is the interest rate on gold loans in Hamirpur?
The starting interest rate is 10%* p.a. The final rate is influenced by the market price of your pledged gold.
What is the tenure for a gold loan in Hamirpur?
Loan tenure options range from a minimum of 1 month to a maximum of 12 months.
Can I get a gold loan for any type of gold in Hamirpur?
Shriram Finance offers gold loans for gold jewellery and coins of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Hamirpur?
Your loan amount is based on the value of your pledged gold, with financing of up to 75%*.
What documents are required to apply for a gold loan in Hamirpur?
Applicants need to provide identity proof (Passport/PAN Card/Aadhaar Card/Voter ID/Driver's Licence) and address proof (Utility Bills/Aadhaar Card/Passport).
Are there any prepayment penalties on gold loans in Hamirpur?
Shriram Finance generally does not charge prepayment penalties, allowing you to close your loan early without extra fees. It's best to review your loan agreement for confirmation.
How can I check the status of my gold loan application in Hamirpur?
After applying, our team will review your application and provide status updates as soon as possible.
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.
