Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Hingaghat
Are you currently living in Hinganghat and in need of extra funds to achieve a goal? Or are you looking for ways to manage those unexpected bills? Do you own gold that could help you? Taking out a Gold Loan in Hinganghat from Shriram Finance offers a straightforward way to release the value held within your gold items. Instead of selling your treasured possessions, such as jewellery or gold coins, you can make use of their value to address financial concerns. Shriram Finance are a recognised provider of gold loan services. With manageable and clear repayment options and competitive interest rates, a Gold Loan in Hinganghat could be the ideal solution for you to meet your current needs. Shriram Finance wants to make things as simple as possible for their customers, and this is reflected in their loan application process.
Features and Benefits of Gold Loans in Hingaghat
There are many benefits to choosing Shriram Finance for a gold loan. Here are some of them:
Simple Documentation
We want to make things as easy as possible for our customers, so enjoy our straightforward application process.
Interest Efficiency
You're in control! Only pay interest for the time that you are using the loan.
Flexible Repayment Options
Choose a repayment schedule that works for you. You can borrow the money for a period of between 1 month, and 1 year.
Maximum Finance
Make the most of your gold and unlock up to 75% of its market value.
Competitive Interest Rates
Take advantage of highly competitive interest rates, starting from just 10%* per year.
Fast Approval
We can approve your loan quickly thanks to our quick and easy application.
Gold Loan Interest Rates in Hingaghat
| 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 Hingaghat
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Proof of Identity
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card. (If you do not have a PAN Card, you can submit Form 60). Age Requirement Applicants must be between 18 and 75 years* of age. Applicant Type Individuals who are salaried, self employed, professionals, business owners, and others, are eligible to apply.
Step by Step Application Process for Gold Loans in Hingaghat
Here are the steps to apply for a loan with Shriram Finance:
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 Hingaghat
Gold Loan Customer Care in Hingaghat
Toll Free
Gold Loan Status in Hingaghat
Monitor the status of your gold loan application with ease by entering your reference number through our secure online portal. For real time updates and assistance, our dedicated support personnel are ready to help address any queries you may have. If you're looking to secure a gold loan in Hingaghat, Shriram Finance offers a convenient and streamlined process designed for optimal customer experience. We provide high value loans for special occasions like weddings or business expansion with customized repayment schedules. Our interest is calculated on a reducing balance basis, ensuring you only pay for what you owe at any given time. Furthermore, we offer complimentary insurance coverage for your pledged gold throughout the loan tenure for complete peace of mind.
Gold Loan FAQs
Can I apply for a gold loan online in Hingaghat?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Hingaghat. 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 Hingaghat?
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 Hingaghat?
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 Hingaghat?
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 Hingaghat?
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 Hingaghat?
You typically need identity proof (Aadhaar Card/Passport/Driver's Licence/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 Hingaghat?
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 Hingaghat?
After completing the registration process, representatives will evaluate your profile and revert 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.
