Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Kullu
Gold loans in Kullu have become a sought after and convenient method for obtaining quick funds. They provide a trustworthy solution for unlocking the value of your gold assets. Rather than selling your precious gold jewellery or coins, you can utilise their worth to meet immediate financial requirements. You can take advantage of the offerings from Shriram Finance, which provides gold loan services nationwide. We at Shriram Finance are recognised for our efficient application process, rapid disbursement times, and adaptable repayment options, making us an excellent choice for individuals and businesses needing prompt financial aid. With flexible terms ranging from 1 month to 12 months and competitive interest rates starting at 10%* per annum, we are well attuned to the business landscape in Kullu. Our streamlined application process ensures that you can secure funds quickly, with minimal documentation required. This is particularly beneficial for those in urgent need of financial assistance. The flexible repayment options allow you to choose a tenure that best suits your financial situation, ensuring that you can repay the loan comfortably without straining your finances. Moreover, we provide secure storage for your gold, giving you peace of mind while you utilise the loan. Whether you need funds for personal expenses, business investments, or emergencies, our gold loan services offer a reliable and efficient solution. Gold Loan in Kullu from Shriram Finance is an excellent option for residents looking to leverage their gold assets without the need for extensive paperwork or a high credit score. With our competitive rates and flexible terms, we provide a straightforward way to meet your financial goals.
Features and Benefits of Gold Loans in Kullu
Features of a gold loan offered by Shriram Finance alongside it's advantages are explained as below:
Maximum Finance
You can secure a loan up to 75%* of your gold's market value with Shriram Finance in Jammu. This means you can access substantial funds based on the value of the gold you pledge as collateral. Whether you need money for personal expenses, business investments, or unexpected emergencies, this high loan to value ratio provides the financial flexibility you need.
Low Rate of Interest
Shriram Finance offers competitive interest rates starting from 10%* p.a. These low rates make borrowing affordable, helping you manage your financial obligations without undue strain. The attractive interest rates ensure that you can repay the loan comfortably, making it easier to meet your financial needs.
Flexible Tenure
The loan tenure ranges from 1 month to 1 year, providing you with the flexibility to choose a repayment schedule that best suits your financial situation. This flexibility ensures that you can manage your repayments comfortably, without feeling pressured by rigid schedules.
Minimal Documentation
The loan process is designed to be hassle free, involving minimal paperwork. This streamlined approach saves time and effort, allowing you to access funds quickly and easily. It's an ideal solution for those who need immediate financial support.
Borrow Smartly
With Shriram Finance, you pay interest only for the period the gold loan is used. This means that if you repay the loan early, you save on interest costs, making it a cost effective borrowing option. This feature allows you to manage your finances more efficiently, ensuring that you only pay for the time the loan is active.
Quick Approval
Shriram Finance offers reliable and faster loan approvals with minimal documentation. The streamlined approval process saves time and effort, allowing you to access funds swiftly.
Gold Loan Interest Rates in Kullu
| 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 Kullu
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 Kullu
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 Kullu
Gold Loan Customer Care in Kullu
Toll Free
Gold Loan Status in Kullu
To check the status of your gold loan application, visit the Shriram Finance website and enter your application reference number. You can also contact customer care. Choose Shriram Finance to apply for gold loan in Kullu easily.
Gold Loan FAQs
Can I apply for a gold loan online in Kullu?
Yes, you can apply for a gold loan online. Visit our website or mobile app to apply for Shriram Gold Loan.
What is the interest rate on gold loans in Kullu?
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 Kullu?
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 Kullu?
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 Kullu?
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 Kullu?
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 Kullu?
Shriram Finance 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. It is 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 Kullu?
After completing the registration process, representatives will evaluate your profile and revert 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.
