Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Latur
Are you a resident of Latur in need of some quick cash? Do you have gold that could help you get it? A Gold Loan in Latur from Shriram Finance is a simple and reliable way to use your gold for your financial needs. Instead of selling your gold jewellery or coins, you can use them to get a loan. Shriram Finance knows the Latur area well and offers a quick application process, so you can get the money you need fast. With flexible repayment options and good interest rates, a Gold Loan in Latur can be made to fit your situation. This guide will explain everything you need to know about getting a gold loan from Shriram Finance in Latur, from the different types of loans available to the easy application process. Keep reading to learn how you can use your gold to reach your financial goals.
Features and Benefits of Gold Loans in Latur
Choosing a Shriram Gold Loan in Latur gives you many advantages:
Good Interest Rates
Enjoy attractive interest rates, starting from 10%* p.a., which makes borrowing easier.
Good Loan Value
You can borrow up to 75% of your gold's current market value. Gold loans are designed to give you the most money for your gold.
Easy Paperwork
The application process is simple, with not much paperwork, so you can get your money quickly.
Pay for What You Use
You only pay interest for the time you use the loan, so you can save money if you pay it back early.
Flexible Payment Options
Choose how you want to pay back the loan, from monthly payments to one payment at the end.
Fast Approval
The loan is approved quickly, so you get your money without delays.
Gold Loan Interest Rates in Latur
| 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 Latur
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Proof of Identity
Any one of the following: Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card (If you don't have a PAN Card, you can submit Form 60). Age: You must be between 18 and 75 years old. Who Can Apply: Anyone who is employed, self employed, a business owner, or other individuals.
Step by Step Application Process for Gold Loans in Latur
Getting a gold loan from Shriram Finance in Latur is a simple, four step process:
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 Latur
Gold Loan Customer Care in Latur
Toll Free
Gold Loan Status in Latur
Stay updated on the status of your gold loan application in Latur. Visit our website and enter your application reference number to see how it's progressing, or contact our customer care team for updates.
Gold Loan FAQs
Can I apply for a gold loan online in Latur?
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 Latur?
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 Latur?
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 Latur?
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 Latur?
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 Latur?
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 Latur?
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 Latur?
After completing the registration process, representatives will evaluate your profile and revert 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.
