Gold Loan in Kalaburagi
If you need quick financial support, a gold loan in Kalaburagi from Shriram Finance offers a reliable way to unlock funds without parting with your gold. With interest rates starting from 10%* p.a. and repayment tenures ranging from 1 to 12 months, you can choose a loan plan that suits your needs. The process is simple, requiring minimal paperwork and offering fast disbursal, making it an ideal option for handling personal or business expenses. Shriram Finance branches in Kalaburagi are equipped to provide personalised assistance, ensuring a smooth and efficient loan application process. Whether you need funds for personal needs, business expansion, or unforeseen emergencies, your gold can help you secure the necessary funds easily. The loan application process is designed to be quick and convenient, with minimal paperwork required, ensuring you get the money you need without unnecessary delays. With flexible repayment options, you have the freedom to choose a tenure that suits your financial situation, ranging from 1 month to 1 year. This flexibility allows you to manage your finances effectively and repay the loan at your convenience. Additionally, you only pay interest for the time the gold loan is used, helping to keep costs lower and making it a cost effective borrowing option. Visit your local Shriram Finance branch in Kalaburagi 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. Discover how you can make the most of your gold's value and achieve your financial goals without the need to sell your precious assets.
Features and Benefits of Gold Loans in Kalaburagi
In Kalaburagi, Shriram Gold Loans comes with these key features:
Minimal Documentation
Get funds with ease through a minimal documentation process. This streamlined approach ensures you can access your loan quickly without unnecessary paperwork, making the process hassle free and efficient.
Flexible Tenure
Repay the loan whenever required, with a minimum term of one month and a maximum of one year. This flexibility allows you to align repayments with your financial plans, giving you the freedom to choose a tenure that suits your needs.
Borrow Smartly
Interest is charged only for the duration you use the loan. This feature helps you save on costs by paying interest only for the period the loan is active, making it a cost effective borrowing option.
Quick Approval
Benefit from a smooth and quick loan approval process with minimal paperwork. Our efficient system ensures prompt access to funds when you need them most, ideal for urgent financial requirements.
Maximum Finance
Obtain up to 75%* of your pledged gold's market value as a loan. This allows you to leverage your gold effectively while keeping it safe, providing substantial financial support.
Low Rate of Interest
Gold loan interest rates start at 10%* p.a., making borrowing cost effective and affordable. Whether it's for personal needs, education, or business expansion, our gold loans are tailored to support your goals.
Gold Loan Interest Rates in Kalaburagi
| 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 Kalaburagi
Address Proof
Passport, Driver's License, Voter ID, Gas Connection Card, Prepaid Mobile Bill, Aadhaar 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). Who can apply? Salaried, self employed professionals, business owners, self employed, and other individuals. Age: 18* to 75* years.
Step by Step Application Process for Gold Loans in Kalaburagi
In Kalaburagi, securing a gold loan is quick and can be completed in 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 Kalaburagi
Gold Loan Customer Care in Kalaburagi
Toll Free
Gold Loan Status in Kalaburagi
Check your gold loan application status online by entering your reference number. For live updates, connect with our customer care team. Apply for a gold loan in Kalaburagi with Shriram Finance today!
Gold Loan FAQs
Can I apply for a gold loan online in Kalaburagi?
Yes, applying for a gold loan online is simple. You can complete the process through our website or mobile app.
What is the interest rate on gold loans in Kalaburagi?
The interest rate starts from 10%* p.a. The final rate is determined based on the pledged gold's market value.
What is the tenure for a gold loan in Kalaburagi?
The repayment tenure options range from 1 month to 12 months.
Can I get a gold loan for any type of gold in Kalaburagi?
Shriram Finance provides gold loans for jewellery and coins of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Kalaburagi?
The loan amount depends on the pledged gold's market valuation, with financing available up to 75%*.
What documents are required to apply for a gold loan in Kalaburagi?
Applicants need to provide identity proof (Aadhaar Card/PAN Card/Passport/Voter ID/Driving Licence) and address proof (Aadhaar Card/Utility Bills/Passport/Driving Licence).
Are there any prepayment penalties on gold loans in Kalaburagi?
Shriram Finance generally does not impose prepayment penalties, allowing you to close your loan early without additional charges. Always check your loan agreement for exact details.
How can I check the status of my gold loan application in Kalaburagi?
After applying, our team will review your details and provide timely 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.
