Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kanchipuram
Are you from Kanchipuram seeking a simple and convenient method to access some additional funds? Do you have gold assets that you would be prepared to use as security to help you secure a loan? Taking out a Gold Loan from Shriram Finance offers a dependable and reliable route to unlock the financial value held within your gold possessions, without the need to sell those treasured items. The combination of straightforward and manageable repayment options, together with competitive interest rates means that choosing a Gold Loan in Kanchipuram with Shriram Finance could be the perfect solution to help you to meet your individual financial goals. At Shriram Finance, we appreciate that our customers' time is valuable, so we always strive to keep our loan application process as streamlined and efficient as possible. This ensures that it's straightforward for residents of Kanchipuram to gain access to the money that they need, while still keeping hold of their valuable gold.
Features and Benefits of Gold Loans in Kanchipuram
Selecting a Shriram Gold Loan in Kanchipuram unlocks a host of compelling advantages:
Versatile Repayment Solutions
Select a repayment plan that seamlessly integrates with your financial capacity.
Simplified Paperwork
Enjoy a simple application process with minimal documentation.
Optimal Loan Value
Gain access to a loan amount equivalent to up to 75% of your gold's current market valuation.
Interest Efficient Borrowing
With Shriram Finance, you incur interest charges for the precise period during which you use the loan amount.
Attractive Interest Rates
Benefit from competitive interest rates, commencing at 10%* p.a., facilitating affordable borrowing.
Fast Loan Processing
Experience a faster loan approval mechanism.
Gold Loan Interest Rates in Kanchipuram
| 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 Kanchipuram
Residential Verification
Any one of the ensuing documents: Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identification Verification
Any one of the following documents: Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card. Age Limit: Applicants are required to be aged between 18 and 75 years. Applicant Classification: The eligibility includes salaried individuals, self employed professionals, business proprietors, and other eligible demographics.
Step by Step Application Process for Gold Loans in Kanchipuram
The application for a gold loan with Shriram Finance in Kanchipuram has a simple 4 step process:
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 Kanchipuram
Gold Loan Customer Care in Kanchipuram
Toll Free
Gold Loan Status in Kanchipuram
Keep track of your gold loan application status conveniently by using your reference number on our secure online portal. For the latest information or assistance, our dedicated support executives are available to help you promptly. For those seeking a gold loan in Kanchipuram, Shriram Finance delivers a smooth and efficient application experience designed with customer convenience as a priority. We offer attractive discounts on processing fees for senior citizens and women applicants as part of our inclusive financial services approach. Our innovative mobile application allows you to monitor your loan, make payments, and request services on the go. Furthermore, we conduct regular SMS and email updates regarding your loan status and upcoming payment reminders.
Gold Loan FAQs
Can I apply for a gold loan online in Kanchipuram?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Kanchipuram. Visit our official website or download our mobile app to start your application. You can complete the entire process digitally, saving time and avoiding unnecessary branch visits.
What is the interest rate on gold loans in Kanchipuram?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Kanchipuram?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Kanchipuram?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Kanchipuram?
We offer loans up to 75% of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Kanchipuram?
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 Kanchipuram?
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 Kanchipuram?
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.
