Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Kanpur
When financial needs arise, a gold loan in Kanpur from Shriram Finance offers a quick and secure way to access funds without selling your precious gold. With interest rates starting from 10% p.a. and loan tenures ranging from 1 to 12 months, you have the flexibility to repay at your convenience. The loan process is straightforward, requiring minimal documentation and offering fast approvals, ensuring you get the funds you need promptly. Whether it's for personal expenses, education, medical emergencies, or business investments, your gold can help you secure the necessary funds. Shriram Finance understands the importance of providing a hassle free experience, making the gold loan process in Kanpur efficient and customer friendly. The company's dedicated team ensures that your gold is kept safe and secure throughout the loan tenure. Kanpur, being a bustling city with diverse financial needs, benefits greatly from the accessibility and reliability of Shriram Finance's gold loan services. The flexibility in repayment options allows you to manage your finance effectively without the stress of stringent repayment schedules. This makes it an ideal solution for those unexpected expenses or planned investments. Discover how a gold loan from Shriram Finance can be the perfect financial solution for you in Kanpur. With competitive interest rates, easy application processes, and secure handling of your gold, you can confidently address your financial needs without worry. Let your gold work for you and provide the financial support you need when you need it most.
Features and Benefits of Gold loan in Kanpur
In Kanpur, the gold loan features by Shriram Finance include the following benefits:
Borrow Smartly
With Shriram Finance, interest is only applicable for the period you utilise the loan. This means that if you repay the loan early, you save on interest costs, making it a cost effective borrowing option. This feature allows you to manage your finances more efficiently and avoid unnecessary expenses.
Minimal Documentation
Shriram Finance in Jalandhar offers a straightforward gold loan process that requires minimal paperwork. This ensures that you can access funds quickly and easily, without the hassle of extensive documentation. The streamlined approach saves time and effort, making it ideal for urgent financial needs.
Flexible Tenure
You can repay your loan at your convenience, with a tenure ranging from one month to one year. This flexibility ensures that you can choose a repayment schedule that best suits your financial situation, providing peace of mind and reducing financial stress.
Quick Approval
Shriram Finance offers quick loan approvals with minimal documentation. The efficient approval process ensures that you get the funds you need promptly, which is particularly beneficial in urgent financial situations where time is of the essence.
Maximum Finance
You can get a loan of up to 75%* of your pledged gold's market value. This high loan to value ratio ensures that you can access a substantial amount of funds based on the value of your gold. Whether you need money for medical expenses, education, or business growth, this feature provides you with the financial flexibility you need.
Low Rate of Interest
Shriram Finance offers competitive interest rates starting at 10%* p.a. These low rates make borrowing cost effective and affordable, helping you manage your loan costs without undue strain. The attractive interest rates ensure that you can repay the loan comfortably, making it easier to meet your financial obligations.
Gold Loan Interest Rates in Kanpur
| 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 Kanpur
Address Proof
Passport, Prepaid Mobile Bill, Aadhaar Card, Driver's License, Voter ID, Gas Connection 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). Age 18* to 75* years. Who can apply? Salaried, self employed, self employed professionals, business owners, and other individuals.
Step by Step Application Process for Gold loan in Kanpur
Applying gold loan in Kanpur can be done easily 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 Kanpur
Gold Loan Customer Care in Kanpur
Toll Free
Gold Loan Status in Kanpur
Easily track your gold loan application by entering your reference number on our website. For live updates, contact our customer care team. Choose Shriram Finance for your gold loan in Kanpur!
Gold Loan FAQs
Can I apply for a gold loan online in Kanpur?
Yes, you can apply online for a Shriram Gold Loan using our website or mobile app.
What is the interest rate on gold loan in Kanpur?
Gold loan start at 10%* p.a., with the final rate based on the pledged gold's market value.
What is the tenure for a gold loan in Kanpur?
You can choose a repayment tenure from 1 month to 12 months.
Can I get a gold loan for any type of gold in Kanpur?
Shriram Finance provides loans against gold jewellery and coins ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Kanpur?
The loan amount is calculated based on the value of the pledged gold, with funding up to 75%*.
What documents are required to apply for a gold loan in Kanpur?
Applicants must submit identity proof (Aadhaar Card/Passport/Voter ID/Driver's Licence/PAN Card) and address proof (Aadhaar Card/Utility Bills/Passport).
Are there any prepayment penalties on gold loan in Kanpur?
Shriram Finance usually does not impose prepayment penalties, enabling you to repay early without extra charges. However, review your loan agreement for details.
How can I check the status of my gold loan application in Kanpur?
Once your application is submitted, our representatives will assess your request and update you accordingly.
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.
