Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kolkata
Kolkata is a city of culture, commerce, and constant movement. When financial needs arise, leveraging your gold assets can be a smart way to secure funds without parting with them. Instead of selling your jewellery, you can use it as collateral to get immediate financial support. Shriram Finance offers a seamless borrowing experience with quick approvals, minimal paperwork, and flexible repayment options ranging from 1 month to 12 months. With competitive interest rates starting at 10%* p.a., you can access funds while retaining ownership of your gold. Explore the details ahead to understand how this loan can help you meet your financial goals.
Features and Benefits of Gold Loans in Kolkata
Shriram Finance offers gold loans in Kolkata with a range of attractive features, designed to provide customers with a seamless borrowing experience. Here are the key benefits:
Minimal Documentation
Our gold loan process involves minimal paperwork, ensuring that you can access funds quickly and easily. This streamlined approach saves time and effort, making it ideal for urgent financial needs.
Borrow Smartly
Interest is charged only for the duration you use the loan, helping you save on costs. This feature is particularly beneficial if you require funds for a short period, as it minimises your overall loan expenses.
Flexible Tenure
Repay the loan whenever required, with a minimum term of one month and a maximum of one year. This flexibility allows you to align your loan repayments with your financial plans, providing peace of mind and reducing financial stress.
Maximum Finance
Obtain up to 75%* of your pledged gold's market value as a loan. This ensures you get the best possible value for your gold while keeping it safe.
Quick Approval
Benefit from a smooth and quick loan approval process with minimal paperwork. Our efficient system ensures prompt access to funds when you need them most.
Low Rate of Interest
Gold loan interest rates start at 10%* p.a., making borrowing cost effective and affordable. This competitive rate helps you manage your loan costs effectively, ensuring that you can meet your financial obligations without undue strain.
Gold Loan Interest Rates in Kolkata
| 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 Kolkata
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). 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 Kolkata
Applying a gold loan can be achieved 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 Kolkata
Gold Loan Customer Care in Kolkata
Toll Free
Gold Loan Status in Kolkata
Effortlessly check your gold loan status online by entering your reference number on our website. For prompt assistance, connect with our customer care team. Shriram Finance is here to help you secure a gold loan in Kolkata with ease and convenience. Reach out to us today and experience our dedicated service and support. We are committed to providing you with the best financial solutions tailored to your needs.
Gold Loan FAQs
Can I apply for a gold loan online in Kolkata?
Yes, you can apply online for a gold loan through our official website or mobile application.
What is the interest rate on gold loans in Kolkata?
Interest rates start at 10%* p.a. However, the final rate is determined based on the current market value of your pledged gold. This ensures a fair and accurate assessment of your loan.
What is the tenure for a gold loan in Kolkata?
You can choose a tenure from 1 month up to 12 months as per your preference.
Can I get a gold loan for any type of gold in Kolkata?
Shriram Finance offers gold loans against jewellery and coins made of 18 to 22 carats gold.
Is there a maximum or minimum limit for a gold loan in Kolkata?
The loan amount depends on the value of your gold, with financing available up to 75%* of its market price.
What documents are required to apply for a gold loan in Kolkata?
You will need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Voter ID/Aadhaar Card/Passport/Driver's Licence/Utility Bills).
Are there any prepayment penalties on gold loans in Kolkata?
Shriram Finance does not generally charge prepayment penalties. However, it is best to check your loan agreement for details.
How can I check the status of my gold loan application in Kolkata?
Once your application is submitted, our representatives will assess it and notify you of the 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.
