Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kolhapur
In Kolhapur, gold jewellery is not just an adornment; it is a symbol of heritage and value. Beyond its sentimental worth, gold is also a valuable financial asset. Residents can tap into the potential of their gold assets through gold loans in Kolhapur, providing a practical financial solution. Shriram Finance understands the importance of providing affordable and flexible financial services. With competitive interest rates starting at just 10%* p.a., our gold loans are designed to ensure cost effective borrowing. We offer flexible repayment terms ranging from 1 to 12 months, so you can select a repayment plan that best suits your financial situation and goals. The process is streamlined with our quick approval system and minimal documentation requirements. We make it easy and efficient to access funds when you need them most. Unlock the potential of your gold assets today with Shriram Finance's trusted services in Kolhapur.
Features and Benefits of Gold Loans in Kolhapur
This section outlines the key features and benefits of our gold loans:
Maximum Finance
You can access loans of up to 75% of the market value of your gold. This allows you to secure significant financial resources based on your pledged gold.
Quick Approval
Enjoy rapid loan approvals with minimal documentation. We ensure you receive funds promptly, allowing you to address your financial needs without unnecessary delays.
Low Rate of Interest
Our interest rates begin at an attractive 10%* p.a. This makes borrowing more accessible and helps reduce the overall cost of your loan.
Flexible Tenure
You can choose a repayment period as short as 1 month or extend it up to 12 months. This gives you the freedom to manage your finances according to your unique circumstances.
Minimal Documentation
The application process is simple and involves very little paperwork. We provide a hassle free experience so that accessing funds is quick and effortless.
Borrow Smartly
With Shriram Finance's gold loans, you only pay interest for the duration that the loan remains active. This feature allows you to manage your finances wisely by reducing unnecessary costs.
Gold Loan Interest Rates in Kolhapur
| 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 Kolhapur
Address Proof
Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Driver's Licence, Passport, 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 Loans in Kolhapur
Our easy to apply process will help you get a gold loan quickly in 4 steps:
Step 1:
Register using your phone number.
Step 2:
Receive a verification call from us.
Step 3:
Visit our branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Kolhapur
Gold Loan Customer Care in Kolhapur
Toll Free
Gold Loan Status in Kolhapur
Monitoring your gold loan status in Kolhapur is simple and convenient. With Shriram Finance, you can stay updated on your loan application or repayment progress effortlessly. Use your unique reference number to check the status online through our website or mobile app, ensuring quick access to real time information. Alternatively, you can contact our dedicated support team for immediate updates and personalised assistance.
Gold Loan FAQs
Can I apply for a gold loan online in Kolhapur?
Yes, applications for gold loans can be made online via our website or mobile app. This streamlined process allows you to submit your application quickly and securely from the comfort of your home.
What is the interest rate on gold loans in Kolhapur?
Interest rates start from 10%* p.a. The final rate may vary depending on the market value of your pledged gold and other applicable factors.
What is the tenure for a gold loan in Kolhapur?
You can choose a loan tenure from 1 month to 12 months. This flexibility allows you to tailor your repayment plan based on your circumstances.
Can I get a gold loan for any type of gold in Kolhapur?
Shriram Finance provides loans against gold jewellery and coins with a purity level between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Kolhapur?
The loan amount is determined by the market value of your pledged gold, with up to 75% of that value available as a loan. This high loan to value ratio helps you access significant funds based on your assets.
What documents are required to apply for a gold loan in Kolhapur?
Required documents include identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or utility bills).
Are there any prepayment penalties on gold loans in Kolhapur?
Generally, Shriram Finance does not impose prepayment penalties, allowing you to repay your loan early without incurring additional costs. However, it is advisable to review your loan agreement carefully to confirm specific terms.
How can I check the status of my gold loan application in Kolhapur?
Once you apply for a gold loan, Shriram Finance representatives will evaluate your profile and notify you about the status of your application. You can also track updates online using your reference number or contact our customer support team 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.
