Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kadapa
Do you possess gold assets that you would consider using as security to obtain a loan? Opting for a Gold Loan in Kadapa from Shriram Finance presents a trustworthy and easily accessible route to unlock the financial potential held within your gold possessions, without the necessity of selling those cherished family items outright. Shriram Finance is a well respected and trusted name throughout the financial industry and is justifiably proud to be recognised for its ongoing commitment to providing reliable, readily accessible, and individually tailored gold loan services that are specifically designed to meet the diverse and unique requirements of all our valued customers across India. At Shriram Finance, we fully understand that customers want a simple application process, so we always strive to ensure that our loan application process is as streamlined and efficient as is practically possible. This commitment ensures that it's a straightforward and hassle free process for residents of Kadapa to gain swift access to the funds that they urgently need, while still keeping full possession and ownership of their valuable gold assets.
Features and Benefits of Gold Loans in Kadapa
There are several appealing features, and a range of significant benefits associated with choosing a gold loan with Shriram Finance in Kadapa:
Benefit from Competitive Interest Rates
You can take full advantage of our competitive interest rates, which start from just 10%* per year. This helps to keep the overall cost of borrowing as manageable as possible.
Only Pay Interest on What You Use
With Shriram Finance, you only pay interest for the period that you are actively using the gold loan. This is an efficient and cost effective way to borrow.
Quick Approval
Our processes have been designed to ensure reliable and faster loan approvals, with minimal documentation. This means that you will receive the money you need as quickly as possible.
Flexible and Convenient Repayment Schedules
You can design a repayment schedule that works best for you and meets your individual needs and financial circumstances. Our minimum loan duration is 1 month, and the maximum loan duration is 1 year, offering flexibility and convenience.
High Loan Amounts Readily Available
Shriram Finance is often able to offer loans of up to 75% of the current market value of your gold items. This allows you to maximise the amount that you can borrow and is offered for loan amounts of up to 75% of the market value of the gold pledged as collateral.
Minimal Paperwork and Straightforward Application
The entire application process is designed to be as simple and straightforward as possible, involving minimal paperwork and ensuring a smooth and hassle free experience from start to finish.
Gold Loan Interest Rates in Kadapa
| 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 Kadapa
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 Kadapa
Applying for a gold loan with Shriram Finance is a straightforward and hassle free process that can be completed in just four simple 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 Kadapa
Gold Loan Customer Care in Kadapa
Toll Free
Gold Loan Status in Kadapa
To check the status of your gold loan application, simply visit our website and enter the application reference number that you were given when you applied. Alternatively, you can contact a member of our dedicated customer care team for real time updates on the progress of your application.
Gold Loan FAQs
Can I apply for a gold loan online in Kadapa?
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 Kadapa?
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 Kadapa?
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 Kadapa?
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 Kadapa?
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 Kadapa?
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 Kadapa?
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 Kadapa?
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.
