Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kamptee
Are you a resident of Kamptee, and do you find yourself in need of some ready funds? Do you own gold ornaments that could help you achieve your financial goals? Taking out a Gold Loan in Kamptee from Shriram Finance offers a secure and convenient way to release the value held within your gold items. Rather than selling your precious gold jewellery or coins, you can leverage their value to address your immediate financial requirements. As a trusted financial institution operating across India, Shriram Finance provides gold loan services starting at just 10%* p.a. With a variety of flexible repayment options and appealing interest rates, securing a Gold Loan in Kamptee can be tailored to perfectly suit your individual circumstances. Shriram Finance prides itself on a simplified loan application process, making it easier than ever for residents to access the capital they need.
Features and Benefits of Gold Loans in Kamptee
Opting for a Shriram Gold Loan offers numerous advantages:
Maximum Finance
Borrow up to 75% of the real worth of your gold. Our gold loans are specifically designed to maximise the loan amount you can get, offering up to 75% of the current market value of your gold.
Competitive Interest Rates
Benefit from highly competitive interest rates, starting from 10%* per annum.
Flexible Repayment Options
Choose when you repay your loan; we provide options to suit your needs, but there's a minimum loan duration of 1 month and a maximum loan duration of 1 year.
Straightforward Documentation
Our hassle free process requires very little paperwork, making it easy to apply.
Interest Efficiency
You only pay interest for the exact time you are using the gold loan.
Quick Approval
Expect fast and reliable loan approvals, aided by our minimal documentation requirements.
Gold Loan Interest Rates in Kamptee
| 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 Kamptee
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 Kamptee
Our application process is designed to be easy and quick. Here are the 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 Kamptee
Gold Loan Customer Care in Kamptee
Toll Free
Gold Loan Status in Kamptee
Keep up to date with the status of your gold loan application on our website. Or if you prefer, contact our customer care team for real time updates on where your application is up to.
Gold Loan FAQs
Can I apply for a gold loan online in Kamptee?
Yes, you can apply for a gold loan online. Visit our website or use the Shriram Finance mobile app.
What is the interest rate on gold loans in Kamptee?
The interest rate starts from 10%* p.a, but this can change depending on the market value of the gold being used as security.
What is the tenure for a gold loan in Kamptee?
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 Kamptee?
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 Kamptee?
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 Kamptee?
You'll typically require a form of identity (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Kamptee?
Shriram Finance usually does not impose any prepayment penalties on gold loans. However, it's always best to check the terms in your loan agreement, just to be sure.
How can I check the status of my gold loan application in Kamptee?
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.
