Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Jammu
If you need urgent funds but don't want to sell your gold, a gold loan in Jammu from Shriram Finance is the perfect solution. You can pledge your gold jewellery and access cash with interest rates starting at 10%* p.a. and tenures ranging from 1 to 12 months. The process is quick, with minimal paperwork and fast disbursal, ensuring you get the funds when you need them. Whether for personal expenses, business investments, or unexpected emergencies, your gold can help you meet your financial needs. The minimal documentation required simplifies the application process, making it ideal for urgent financial situations. You won't have to deal with extensive paperwork, allowing you to focus on your immediate financial requirements. 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 Jammu, you can leverage the value of your gold to meet your financial needs without parting with your valuable assets. Explore your loan options and apply with ease today. 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 Jammu
Shriram Gold Loans come with numerous attractive features and benefits:
Maximum Finance
You can secure a loan up to 75%* of your gold's market value with Shriram Finance in Jammu. This means you can access substantial funds based on the value of the gold you pledge as collateral. Whether you need money for personal expenses, business investments, or unexpected emergencies, this high loan to value ratio provides the financial flexibility you need.
Low Rate of Interest
Shriram Finance offers competitive interest rates starting from 10%* p.a. These low rates make borrowing affordable, helping you manage your financial obligations without undue strain. The attractive interest rates ensure that you can repay the loan comfortably, making it easier to meet your financial needs.
Minimal Documentation
The loan process is designed to be hassle free, involving minimal paperwork. This streamlined approach saves time and effort, allowing you to access funds quickly and easily. It's an ideal solution for those who need immediate financial support.
Borrow Smartly
With Shriram Finance, you pay interest only for the period the gold loan is used. 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, ensuring that you only pay for the time the loan is active.
Flexible Tenure
You can repay your loan whenever you want, with a minimum loan duration of 1 month. The loan tenure ranges from 1 month to 1 year, providing you with the flexibility to choose a repayment schedule that best suits your financial situation. This flexibility ensures that you can manage your repayments comfortably, without feeling pressured by rigid schedules.
Quick Approval
Shriram Finance offers reliable and faster loan approvals with minimal documentation. The efficient approval process ensures that you get the funds you need promptly, which is particularly beneficial for urgent financial situations where time is of the essence. The streamlined approval process saves time and effort, allowing you to access funds swiftly.
Gold Loan Interest Rates in Jammu
| 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 Jammu
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 (In case you do not have a PAN Card, you can submit Form 60). Who can apply?: Salaried, self employed, self employed professionals, business owners, and other individuals. Age: 18* to 75* years.
Step by Step Application Process for Gold Loans in Jammu
Applying gold loan in Jammu can be done 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 Jammu
Gold Loan Customer Care in Jammu
Toll Free
Gold Loan Status in Jammu
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 on your loan processing status. By choosing Shriram Finance, you can enjoy a hassle free borrowing experience tailored to meet your financial goals in Jammu.
Gold Loan FAQs
Can I apply for a gold loan online in Jammu?
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 Jammu?
The interest rate starts from 10%* p.a. However, the final jewel 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 Jammu?
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 Jammu?
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 Jammu?
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 Jammu?
You typically need identity proof (Voter ID/PAN Card/Aadhaar Card/Passport/Driver's Licence), and address proof (Aadhaar Card/Passport/Voter ID/Gas Connection Card/Driver's Licence/Water Bill/Electricity Bill/Prepaid Mobile Bill/Landline Bill).
Are there any prepayment penalties on gold loans in Jammu?
Shriram Finance typically does not impose prepayment penalties on gold loans. This allows you to prepay your loan without incurring extra gold loan 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 Jammu?
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.
