Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Khanna
Khanna, a city in Punjab, offers residents a practical solution for quick financial needs through the Gold Loan in Khanna. This loan is particularly advantageous as it does not require a good credit score or income proof, making it accessible to a broad range of individuals. Shriram Finance ensures a seamless application process for gold loans, guaranteeing quick approval with minimal documentation. This makes it an ideal choice for those in urgent need of funds. The loan tenure is flexible, ranging from 1 month to 12 months, allowing residents to manage their finances effectively according to their needs. With competitive interest rates starting from 10%* per annum and flexible repayment options, the Gold Loan in Khanna is perfect for those seeking immediate financial assistance. The interest rate is subject to the market valuation of the pledged gold, ensuring you get the best possible terms based on the current value of your assets. Moreover, Shriram Finance provides secure storage for your gold, giving you peace of mind while you utilise the loan. Whether you need funds for personal expenses, business investments, or emergencies, this loan offers a reliable and efficient solution. Gold Loan in Khanna from Shriram Finance is an excellent option for residents looking to leverage their gold assets without the need for extensive paperwork or a high credit score. With its competitive rates and flexible terms, it provides a straightforward way to meet your financial goals.
Features and Benefits of Gold Loans in Khanna
In Khanna, Shriram Finance offers a Gold Loan with several attractive features that cater to your financial needs. Here are the key benefits:
Flexible Tenure
Choose your repayment schedule, with a minimum loan tenure of 1 month and a maximum of 1 year. This flexibility allows you to select a repayment plan that best suit your financial situation and needs.
Maximum Finance
Gold loans are offered up to 75%* of the value of the gold pledged. This allows you to unlock significant value from your gold assets, providing substantial financial support.
Minimal Documentation
The loan process is straightforward, requiring minimal documentation for approval. This ensures you can secure the funds you need without unnecessary delays or complications.
Quick Approval
Enjoy fast loan approval with minimal paperwork, ensuring a seamless borrowing experience. This means you can access the funds you need promptly, which is crucial during times of financial urgency.
Borrow Smartly
Pay interest only for the duration of the gold loan, ensuring a smart borrowing strategy. This feature helps you manage your finances efficiently and avoid unnecessary interest payments.
Low Rate of Interest
The interest rate starts at 10%* p.a., ensuring an affordable borrowing option. This competitive rate ensures that you get the best value for your gold while keeping your borrowing costs manageable.
Gold Loan Interest Rates in Khanna
| 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 Khanna
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). Who Can Apply: Eligible applicants include salaried individuals, self employed professionals, business owners, and other individuals. Age: Applicants must be between 18* and 75* years old.
Step by Step Application Process for Gold Loans in Khanna
The Gold Loan Application Process at Shriram Finance in Khanna is straightforward, allowing you to obtain 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 Khanna
Gold Loan Customer Care in Khanna
Toll Free
Gold Loan Status in Khanna
Residents of Khanna can benefit from Shriram Finance's Gold Loan for their financial needs. To stay updated on your application, visit our website or reach out to our customer care team for real time information. By selecting Shriram Finance, you can enjoy a hassle free financial experience tailored to meet your objectives in Khanna.
Gold Loan FAQs
Can I apply for a gold loan online in Khanna?
Yes, you can apply for a gold loan online through Shriram Finance's website or mobile app. However, you will need to visit a branch for the final verification and loan disbursement.
What is the interest rate on gold loans in Khanna?
The interest rate starts at 10%*p.a. The final rate offered by Shriram Finance may depend on the market value of the pledged gold.
What is the tenure for a gold loan in Khanna?
You can choose a loan tenure from one month to twelve months.
Can I get a gold loan for any type of gold in Khanna?
Gold loans are available for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Khanna?
The loan amount is contingent upon the value of your gold. Loans up to 75% of your gold's value are available.
What documents are required to apply for a gold loan in Khanna?
Typically, you need to provide 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 Khanna?
Generally, prepayment penalties are not imposed. However, it is advisable to review your loan agreement to confirm whether any prepayment penalties apply.
How can I check the status of my gold loan application in Khanna?
After completing the registration process, representatives from Shriram Finance will assess your profile and contact you regarding the status of your gold loan application. You can also visit the local branch for assistance.
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.
