Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Koriya
Are you a resident of Koriya seeking an east and quick way to access much needed funds? Do you have gold ornaments or coins that you could use as security for a loan? A Gold Loan in Koriya from Shriram Finance offers a reliable and readily accessible solution to unlock the financial potential within your gold possessions. Instead of being forced to sell your precious gold jewellery or valuable gold coins, you can simply retain full ownership of those prized possessions while still making effective use of their inherent financial worth. Shriram Finance understands the unique financial landscape of Koriya, and is proud to offer accessible and tailored gold loan services to meet the diverse needs of our valued customers. For generations, gold has been a symbol of security and prosperity in Koriya, and we at Shriram Finance deeply respect this tradition. We offer a blend of modern financial solutions with the trusted values that are central to the Koriya community. The combination of transparent processes, manageable repayment options, and competitive interest rates means that a Gold Loan in Koriya with Shriram Finance can be the ideal financial instrument to help you realise your individual ambitions and bolster your long term prosperity. We strive to make the application process as smooth and efficient as possible, ensuring that it is a straightforward and hassle free experience for the people of Koriya to gain swift access to the funds they need, while still maintaining full ownership of their cherished gold assets.
Features and Benefits of Gold Loans in Koriya
Opting for a Gold Loan with Shriram Finance in Koriya comes with many advantages, specially tailored to your needs:
Maximise the Value of Your Gold:
Unlock up to 75% of your gold's current market value as a loan. We ensure you receive the maximum possible amount, respecting the true worth of your pledged assets.
Competitive Interest Rates, Rooted in Fairness:
Avail of our attractive interest rates, beginning at just 10%* per annum, ensuring that the overall cost of borrowing remains manageable and predictable.
Repayment Plans Designed Around You:
With loan tenures ranging from a minimum of 1 month to a maximum of 1 year, you have complete control over your repayment strategy.
Minimal Paperwork, Maximum Convenience:
Experience a streamlined and hassle free application process with minimal paperwork, designed to respect your time and simplify access to the funds you need.
Smart Borrowing for a Brighter Future:
Pay interest only for the precise period that you utilise the gold loan.
Speed and Reliability You Can Count On:
Benefit from our rapid loan approval processes, ensuring that you receive the required funds quickly and efficiently.
Gold Loan Interest Rates in Koriya
| 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 Koriya
Address Proof:
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof:
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card (If you do not have a PAN Card, you can submit Form 60). Age: You must be between 18 and 75* years of age. Who Can Apply: Salaried individuals, self employed professionals, business owners, farmers, and others are all welcome to apply.
Step by Step Application Process for Gold Loans in Koriya
Securing a gold loan with Shriram Finance in Koriya is designed to be quick and easy, involving just four simple 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 Koriya
Gold Loan Customer Care in Koriya
Toll Free
Gold Loan Status in Koriya
Keep track of the progress of your gold loan application by visiting our website and entering your application reference number. Alternatively, you can contact our customer care team for real time updates.
Gold Loan FAQs
Can I apply for a gold loan online in Koriya?
Yes, you can conveniently apply for a gold loan online through our website or mobile app.
What is the interest rate on gold loans in Koriya?
The interest rate starts from 10%* p.a. However, the final gold loan interest rates offered by the lender may depend on the market value of the gold pledged as security.
What is the tenure for a gold loan in Koriya?
You can choose a loan tenure starting from 1 month up to 12 months.
Can I get a gold loan for any type of gold in Koriya?
Shriram Finance provides gold loans for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Koriya?
The loan amount will depend on your gold. Loans up to 75% of your gold value are offered.
What documents are required to apply for a gold loan in Koriya?
You will typically need to provide identity proof (Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (Aadhaar 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 Koriya?
Shriram Finance typically does not levy prepayment penalties on gold loans, allowing you to repay your loan before the due date without incurring any additional charges. However, we encourage you to confirm the specific terms and conditions in your loan agreement to ensure clarity.
How can I check the status of my gold loan application in Koriya?
After completing the application process, our dedicated representatives will thoroughly evaluate your profile and promptly revert back to you regarding the status of your gold loan.
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.
