Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kozhikode
Gold possesses both sentimental and financial worth. Rather than selling it during emergencies, you can consider gold loans in Kozhikode to address urgent financial requirements such as medical expenses, education, or business expansion. At Shriram Finance, we provide swift processing, minimal documentation, and flexible repayment terms ranging from 1 to 12 months. With competitive interest rates starting at 10%* per annum, you can easily unlock the value of your gold without any complications. Discover how a gold loan could be the ideal financial solution for you.
Features and Benefits of Gold Loans in Kozhikode
Shriram Gold Loans offer a variety of features, providing financial assistance with straightforward terms and conditions.
Maximum Finance
Loan up to 75% of your gold value. Gold loans are offered for loan amounts of up to 75% of the market value of the gold pledged as collateral or security.
Low Rate of Interest
Interest rates start from 10%* p.a.
Flexible Tenure
Pay your loan back whenever you want, but there is a minimum loan duration of 1 month. The loan tenure ranges from 1 month to 1 year.
Minimal Documentation
The process involves minimal paperwork and is hassle free.
Borrow Smartly
Pay interest only for the period the gold loan is used for.
Quick Approval
Reliable and faster loan approvals with minimal documentation.
Gold Loan Interest Rates in Kozhikode
| 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 Kozhikode
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 Kozhikode
Their 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 them.
Step 3:
Visit their branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Kozhikode
Gold Loan Customer Care in Kozhikode
Toll Free
Gold Loan Status in Kozhikode
You can easily monitor the status of your gold loan application online by entering your reference number on our website. For real time updates, please feel free to contact our dedicated support team. If you are interested in applying for a gold loan in Kozhikode, Shriram Finance offers a convenient and streamlined process. Our competitive interest rates start from just 7.95% per annum, making us one of the most affordable options in the region. We pride ourselves on minimal documentation requirements and quick approval times, typically within 24 hours. Additionally, our flexible repayment options allow you to choose a plan that best suits your financial situation and needs.
Gold Loan FAQs
Can I apply for a gold loan online in Kozhikode?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Kozhikode. 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 Kozhikode?
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 Kozhikode?
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 Kozhikode?
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 Kozhikode?
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 Kozhikode?
You typically need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card), and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Gas Connection Card/Water Bill/Electricity Bill/Prepaid Mobile Bill/Landline Bill).
Are there any prepayment penalties on gold loans in Kozhikode?
Shriram Finance typically does not impose prepayment penalties on gold loans. This allows you to prepay your loan without incurring extra charges, potentially reducing the overall interest you pay. However, it's essential to confirm the specific terms and conditions in your loan agreement to ensure there are no prepayment penalties applicable to your loan
How can I check the status of my gold loan application in Kozhikode?
After completing the registration process, representatives will evaluate your profile and get back to you regarding 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.
