Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Karur
Are you looking for a simple way to access some additional funds? Do you have gold assets that you would be happy to use as security to obtain those funds? Opting for a Gold Loan in Karur from Shriram Finance offers a dependable and easily accessible route to unlock the financial potential held within your gold possessions, without having to sell those treasured items. Rather than selling your precious gold jewellery or valuable gold coins, you can retain full ownership of those prized possessions while making use of their worth to address any immediate financial needs or opportunities that you may have. Shriram Finance is a well regarded and trusted name within the financial industry and is proud to be recognised for our ongoing commitment to providing reliable, accessible, and tailored gold loan services that are specifically designed to meet the unique requirements of all our valued customers. At Shriram Finance, we fully 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 a straightforward and hassle free process for residents of Karur to gain access to the funds that they need, while still keeping hold of their valuable gold assets.
Features and Benefits of Gold loan in Karur
Explore the key features of Shriram Finance Gold Loan, designed to offer financial flexibility and quick access to funds:
Minimal Documentation:
Enjoy a hassle free process with minimal paperwork required for the loan application.
Flexible Tenure:
You have the freedom to pay back your loan within a flexible duration, with a minimum period of 1 month. Loan tenures range from 1 month to 1 year.
Borrow Smartly:
Pay interest only for the time the gold loan is used, keeping the cost lower.
Quick Approval:
Fast and efficient loan approval with minimal documentation required.
Maximum Finance:
You can borrow up to 75%* of your pledged gold's market value.
Low Rate of Interest:
Interest rates begin at 10%* p.a., offering a competitive option for borrowers.
Gold Loan Interest Rates in Karur
| 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 Karur
Address Proof:
Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile 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, self employed professionals, business owners, and other individuals. Age: 18* to 75* years.
Step by Step Application Process for Gold loan in Karur
Applying gold loan in Karur 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 Karur
Gold Loan Customer Care in Karur
Toll Free
Gold Loan Status in Karur
Monitor your gold loan application progress with ease by simply entering your unique reference number on our official website portal. For instant updates or clarifications, don't hesitate to contact our knowledgeable support team available 7 days a week. If you're looking to secure a gold loan in Karur, Shriram Finance offers a streamlined and user centric application process from beginning to end. We provide disbursement options including direct bank transfer, cheque, or cash depending on your preference and convenience. Our dedicated relationship managers are assigned to each customer to provide personalized guidance throughout the loan term. Additionally, we offer a part payment facility that allows you to reduce your interest burden at any point during the loan period.
Gold Loan FAQs
Can I apply for a gold loan online in Karur?
Yes, you can apply for a Shriram Gold Loan online through our website or by using our mobile app.
What is the interest rate on gold loan in Karur?
Gold loan interest rates begin at 10%* p.a. The final applicable rate depends on the gold market's valuation.
What is the tenure for a gold loan in Karur?
You can choose a flexible loan tenure ranging from 1 month to a maximum of 12 months.
Can I get a gold loan for any type of gold in Karur?
Shriram Finance offers gold loan against jewellery and coins that are between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Karur?
The maximum loan amount is based on your gold's value, with up to 75%* financing available.
What documents are required to apply for a gold loan in Karur?
Applicants need to submit identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Utility Bills).
Are there any prepayment penalties on gold loan in Karur?
Shriram Finance does not usually impose prepayment penalties, but it is recommended to check your loan terms for details.
How can I check the status of my gold loan application in Karur?
Once your application is processed, our team will review it and provide 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.
