Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Kannur
If you are facing an unexpected expense, a gold loan in Kannur can be a reliable way to unlock the value of your gold without selling it. Shriram Finance provides a swift and secure loan process with minimal paperwork and quick approval. Their gold loan services offer flexible repayment options, ranging from one month to twelve months, and competitive interest rates starting at 10%* p.a. Whether you need funds for personal reasons, business expansion, or an emergency, your gold can serve as the financial support you need. Shriram Finance in Kannur is dedicated to ensuring you receive clear and transparent information about all charges and terms associated with your loan. Their commitment to customer satisfaction means you can trust them to guide you through the loan process with ease. Visit your nearest Shriram Finance branch in Kannur to experience their excellent customer service and discover how a gold loan can help you manage your finances effectively. Use the locator tool to find the closest branch and take the first step towards securing the funds you need. With Shriram Finance, you can confidently navigate your financial challenges and achieve your goals.
Features and Benefits of Gold loan in Kannur
The features of the gold loan offered by Shriram Finance in Kannur are explained below:
Maximum Finance
Avail up to 75%* of your pledged gold's market value as a loan. This means you can access a significant portion of your gold's worth, providing you with substantial funds to meet your financial needs.
Minimal Documentation
Enjoy a simple and hassle free process requiring minimal paperwork. Shriram Finance in Kannur ensures that the loan application process is straightforward, saving you time and effort.
Flexible Tenure
Pay your loan back at your convenience, with a minimum tenure of one month and a maximum of one year. This flexibility allows you to choose a repayment period that best suits your financial situation and capabilities.
Quick Approval
Experience a smooth and fast approval process with minimal documentation. Shriram Finance prioritises efficiency, ensuring you receive the funds you need without unnecessary delays.
Borrow Smartly
Interest is charged only for the period you use the gold loan. This means you only pay interest for the time you actually need the loan, making it a cost effective option for managing your finances.
Low Rate of Interest
Interest rates on gold loans start from 10%* per annum. This competitive rate helps you manage your finances more effectively, reducing the overall cost of borrowing.
Gold Loan Interest Rates in Kannur
| 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 Kannur
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, Voter ID, Passport, Driver's License, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). Age: 18* to 75* years. Who can apply? Salaried, business owners, self employed, self employed professionals and other individuals.
Step by Step Application Process for Gold Loan in Kannur
Applying a gold loan in Kannur 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 Kannur
Gold Loan Customer Care in Kannur
Toll Free
Gold Loan Status in Kannur
Track your gold loan application status online by entering your reference number on our website. For instant updates, contact customer care. Apply for a gold loan in Kannur with Shriram Finance today!
Gold Loan FAQs
Can I apply for a gold loan online in Kannur?
Yes, you can easily apply online through our website or mobile app for a Shriram Gold Loan.
What is the interest rate on gold loan in Kannur?
Gold loan interest rates begin at 10%* p.a. The final rate offered depends on the market value of the pledged gold.
What is the tenure for a gold loan in Kannur?
You can select a loan tenure ranging from 1 month to 12 months.
Can I get a gold loan for any type of gold in Kannur?
Shriram Finance accepts gold ornaments and coins of 18 to 22 carats for gold loan.
Is there a maximum or minimum limit for a gold loan in Kannur?
The loan amount depends on your gold's value, with financing available up to 75%* of its market price.
What documents are required to apply for a gold loan in Kannur?
You need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Driver's Licence/Voter ID/Passport/Utility Bills like Water, Electricity, or Landline).
Are there any prepayment penalties on gold loan in Kannur?
Shriram Finance usually does not charge prepayment penalties on gold loan. However, it is advisable to review your loan agreement for specific terms.
How can I check the status of my gold loan application in Kannur?
Once you complete your application, our representatives will assess your profile and inform you about the status of 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.
