Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Khammam
Khammam is a city located in Telangana. It is recognised for its industrial growth. For residents seeking quick financial solutions, the Gold Loan in Khammam provides an effective way to leverage gold assets. This loan option is especially beneficial as it does not require a good credit score or income proof, making it accessible to a wide range of individuals. Shriram Finance offers a seamless application process for the Gold Loan in Khammam, ensuring quick approval of funds. The loan tenure can range from 1 month to 12 months, allowing residents to manage their finances effectively. With competitive interest rates starting from 10%*p.a. and minimal documentation required, this loan is ideal for those seeking immediate financial assistance.
Features and Benefits of Gold Loans in Khammam
Shriram Finance provides a Gold Loan in Khammam with several key benefits:
Quick Approval:
Enjoy fast and reliable loan approvals with minimal documentation.
Low Rate of Interest:
Interest rates start from 10%*p.a., making it a more affordable option.
Flexible Tenure:
The loan tenure ranges from 1 month to 12 months, allowing you to repay at your convenience.
Borrow Smartly:
You have the flexibility to pay interest only for the period the Gold Loan is used.
Minimal Documentation:
The process involves minimal paperwork, ensuring a hassle free experience.
Maximum Finance:
You can secure a loan up to 75% of your gold's market value.
Gold Loan Interest Rates in Khammam
| 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 Khammam
Address Proof:
Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof:
Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card (submit Form 60 if PAN Card is not available). Age: Applicants must be between 18* and 75* years old. Who Can Apply: Salaried individuals, self employed professionals, business owners, and other eligible individuals can apply.
Step by Step Application Process for Gold Loans in Khammam
The Gold Loan Application Process at Shriram Finance in Khammam is designed to be easy and efficient, helping you get a Gold Loan 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 Khammam
Gold Loan Customer Care in Khammam
Toll Free
Gold Loan Status in Khammam
Track your gold loan application status effortlessly online by simply inputting your unique reference number on our secure website portal. For immediate status updates, our professional support team is available to assist you via phone or email. If you're considering a gold loan in Khammam, Shriram Finance provides a hassle free and efficient application process designed with your convenience in mind. Our gold loans feature loan to value ratios of up to 75%, ensuring you receive maximum value for your gold assets. We offer loan tenures ranging from 3 months to 36 months, providing flexibility based on your repayment capacity. Our transparent fee structure means no hidden charges or unexpected costs during your loan term.
Gold Loan FAQs
Can I apply for a gold loan online in Khammam?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Khammam. 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 Khammam?
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 Khammam?
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 Khammam?
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 Khammam?
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 Khammam?
You typically need identity proof (such as an Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (like an Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Khammam?
Generally, prepayment penalties are not imposed. However, it is advisable to review your loan agreement for any specific terms.
How can I check the status of my gold loan application in Khammam?
After completing the registration process, our representatives will evaluate your profile and contact you regarding your application 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.
