Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kottayam
When you need quick funds, your gold assets can be the key to financial flexibility. Instead of selling your gold, a gold loan in Kottayam from Shriram Finance allows you to access cash while keeping your jewellery safe. With competitive interest rates starting at 10%* p.a. and flexible repayment options, you can borrow with confidence and repay at your convenience. Whether it's for an urgent expense, business growth, or personal needs, this secured loan ensures a hassle free experience. Read on to explore how you can get a gold loan with ease and make the most of your assets.
Features and Benefits of Gold Loan in Kottayam
Gold loan from Shriram Finance come with a range of features, offering financial assistance with simple terms and conditions:
Low Rate of Interest
The starting interest rate is 10%* p.a., making it a cost effective option for borrowers.
Borrow Smartly
Interest is only charged for the period the loan is used, ensuring you pay only for the duration the loan is active.
Quick Approval
Shriram Finance offers a fast and efficient approval process, with minimal documentation.
Flexible Tenure
Choose a loan duration that works best for you, with a minimum of 1 month. The loan can be extended from 1 month up to 1 year.
Minimal Documentation
The loan application process is quick and requires minimal paperwork.
Maximum Finance
You can avail a loan up to 75%* of your gold's value as collateral.
Gold Loan Interest Rates in Kottayam
| 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 Loan in Kottayam
Address Proof
Aadhaar Card, Prepaid Mobile Bill, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity 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). Who can apply? Salaried, business owners, self employed, self employed professionals, and other individuals. Age 18* to 75* years.
Step by Step Application Process for Gold Loan in Kottayam
Applying for a gold loan in Kottayam can be done 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 Kottayam
Gold Loan Customer Care in Kottayam
Toll Free
Gold Loan Status in Kottayam
Easily track your gold loan application online by entering your reference number on our website. For live updates, contact our support team. Apply for a gold loan in Kottayam with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Kottayam?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Kottayam. 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 Kottayam?
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 Kottayam?
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 Kottayam?
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 Kottayam?
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 Kottayam?
You need to provide identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card) and address proof (Aadhaar Card/Voter ID/Passport/Driver's Licence/Utility Bills).
Are there any prepayment penalties on gold loan in Kottayam?
Shriram Finance usually does not impose any prepayment penalties. However, you should confirm the exact terms in your loan agreement.
How can I check the status of my gold loan application in Kottayam?
Once you apply, our team will assess your details and keep you informed about your loan 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.
