Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Jalandhar
Gold is more than just a precious metal-it can be a dependable financial asset in times of need. With a gold loan in Jalandhar from Shriram Finance, you can get immediate access to funds without selling your gold. Benefit from interest rates starting from 10%* p.a. and flexible loan tenures from 1 to 12 months, allowing you to choose repayment terms that suit your needs. Whether it's for urgent expenses, business growth, or any other financial requirement, our simple process ensures quick disbursal. The minimal documentation required makes the application process straightforward and hassle free, allowing you to secure funds swiftly. This is particularly beneficial for urgent financial situations where time is of the essence. By leveraging the value of your gold, you can access up to 75%* of its market value as a loan. This high loan to value ratio ensures you get the best possible value for your gold, providing substantial financial support based on its worth. The flexibility of our loan tenure allows you to repay the loan at your convenience, without feeling pressured by rigid schedules. 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 Jalandhar, 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 your gold assets 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 Loans in Jalandhar
In Jalandhar, the features of gold loan provided by Shriram Finance are detailed as follows:
Borrow Smartly:
With Shriram Finance, interest is only applicable for the period you utilise the loan. This means that if you repay the loan early, you save on interest costs, making it a cost effective borrowing option. This feature allows you to manage your finances more efficiently and avoid unnecessary expenses.
Minimal Documentation:
Shriram Finance in Jalandhar offers a straightforward gold loan process that requires minimal paperwork. This ensures that you can access funds quickly and easily, without the hassle of extensive documentation. The streamlined approach saves time and effort, making it ideal for urgent financial needs.
Flexible Tenure:
You can repay your loan at your convenience, with a tenure ranging from one month to one year. This flexibility ensures that you can choose a repayment schedule that best suits your financial situation, providing peace of mind and reducing financial stress.
Quick Approval:
Shriram Finance offers quick loan approvals with minimal documentation. The efficient approval process ensures that you get the funds you need promptly, which is particularly beneficial in urgent financial situations where time is of the essence.
Maximum Finance:
You can get 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 growth, this feature provides you with the financial flexibility you need.
Low Rate of Interest:
Shriram Finance offers competitive interest rates starting at 10%* p.a. These low rates make borrowing cost effective and affordable, helping you manage your loan costs without undue strain. The attractive interest rates ensure that you can repay the loan comfortably, making it easier to meet your financial obligations.
Gold Loan Interest Rates in Jalandhar
| 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 Jalandhar
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, self employed professionals, business owners, and other individuals.
Step by Step Application Process for Gold Loans in Jalandhar
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 Jalandhar
Gold Loan Customer Care in Jalandhar
Toll Free
Gold Loan Status in Jalandhar
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 Jalandhar.
Gold Loan FAQs
Can I apply for a gold loan online in Jalandhar?
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 Jalandhar?
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 Jalandhar?
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 Jalandhar?
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 Jalandhar?
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 Jalandhar?
You typically need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card), and address proof (Passport/Driver's Licence/Aadhaar Card//Voter ID/Gas Connection Card/Water Bill/Electricity Bill/Prepaid Mobile Bill/Landline Bill).
Are there any prepayment penalties on gold loans in Jalandhar?
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 Jalandhar?
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.
