Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Jamshedpur
When financial needs arise, a gold loan in Jamshedpur from Shriram Finance offers a quick and reliable solution. Instead of selling your gold, you can pledge it and access funds with interest rates starting from 10%* p.a. and flexible repayment tenures ranging from 1 to 12 months. The process is designed for convenience, with minimal paperwork and fast approvals, ensuring you get the money you need without delays. Whether you need funds for personal expenses, business investments, or emergencies, your gold can help you secure the necessary funds easily. Shriram Finance branches in Jamshedpur are equipped to provide personalised assistance, making the entire process smooth and hassle free. With loan to value ratios up to 75%*, you can maximise the value of your gold while retaining ownership. Visit your local Shriram Finance branch in Jamshedpur today to learn more about their competitive gold loan offerings. The friendly staff will guide you through the process, ensuring you understand all the terms and conditions. By choosing Shriram Finance, you can rest assured that your financial needs will be met promptly and efficiently. Discover how a gold loan can help you achieve your financial goals without the need to sell your precious assets.
Features and Benefits of Gold Loan in Jamshedpur
Explore the key features of Shriram Finance Gold Loan, designed to offer financial flexibility and quick access to funds:
Quick Approval
Experience fast and efficient loan approval with minimal documentation required. This ensures you get the funds you need without unnecessary delays, making it ideal for urgent financial needs.
Maximum Finance
You can borrow up to 75%* of your pledged gold's market value. This high loan to value ratio allows you to unlock significant funds based on the value of your gold, providing substantial financial support.
Minimal Documentation
Enjoy a hassle free process with minimal paperwork required for the loan application. This streamlined approach reduces the time and effort needed to secure your loan, making it more convenient for you.
Flexible Tenure
You have the freedom to repay your loan within a flexible duration, with a minimum period of 1 month. Loan tenures range from 1 month to 1 year, allowing you to choose a repayment schedule that best suits your financial situation and cash flow.
Borrow Smartly
Pay interest only for the time the gold loan is used, helping to keep the overall cost lower. This feature ensures that you are not burdened with unnecessary interest payments, making it a cost effective borrowing option.
Low Rate of Interest
Interest rates begin at 10%* p.a., offering a competitive option for borrowers. This low rate makes the gold loan an affordable choice for those looking to finance various needs without incurring high interest costs.
Gold Loan Interest Rates in Jamshedpur
| 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 loan in Jamshedpur
Address Proof
Aadhaar Card, Electricity Bill, Prepaid Mobile Bill, Passport, Driver's License, Voter ID, Gas Connection Card, Water 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 Loan in Jamshedpur
Applying gold loan in Jamshedpur 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 Jamshedpur
Gold Loan Customer Care in Jamshedpur
Toll Free
Gold Loan Status in Jamshedpur
Check the status of your gold loan application by entering your reference number on our website. For instant updates, connect with our customer care team. Apply for a gold loan in Jamshedpur with Shriram Finance now.
Gold Loan FAQs
Can I apply for a gold loan online in Jamshedpur?
Yes, you can apply for a Shriram Gold Loan online through our website or by using our mobile app.
What is the interest rate on gold loan in Jamshedpur?
Gold loan interest rates begin at 10%* p.a. The final applicable rate depends on the gold's market valuation.
What is the tenure for a gold loan in Jamshedpur?
You can choose a flexible loan tenure ranging from 1 month to a maximum of 12 months.
Can I get a gold loan for any type of gold in Jamshedpur?
Shriram Finance offers gold loan against jewellery and coins that are between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Jamshedpur?
The maximum loan amount is based on your gold's value, with up to 75%* financing available.
What documents are required to apply for a gold loan in Jamshedpur?
Applicants need to submit identity proof (Passport/Driver's Licence/Voter ID/Aadhaar Card/PAN Card) and address proof (Aadhaar Card/Driver's Licence/Voter ID/Passport/Utility Bills).
Are there any prepayment penalties on gold loan in Jamshedpur?
Shriram Finance does not usually impose prepayment penalties, but it is recommended to check your loan terms for details.
How can I check the status of my gold loan application in Jamshedpur?
Once your application is processed, our team will review it and provide updates on your loan status.
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.
