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Get High Value for your Gold with Shriram Finance Gold Loan
  • Interest Rates
    Interest Rates Now Starting Only at 10%*
  • Quick Loan Disbursal
    Quick Loan Disbursal
  • Flexible Repayment
    Flexible Repayment options
  • No Credit Check
    No Credit Check Required
Gold Loan

Apply for a Gold Loan from Your Trusted Partner for Over 45 Years

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Gold Loans in Mahasamund

Are you a resident of Mahasamund seeking a reliable and accessible way to get funds? Do you have gold jewellery or ornaments that you could utilise as security for a loan? A Gold Loan in Mahasamund from Shriram Finance provides a secure and straightforward solution to unlock the financial potential held within your gold assets, without the need to sell those precious and often sentimentally valuable possessions. Rather than being compelled to make the challenging decision to sell your cherished gold jewellery or coins, you can simply retain full ownership while leveraging their inherent financial worth to address immediate needs or pursue exciting new opportunities that may arise in the thriving Mahasamund district. At Shriram Finance, we recognise the significance of gold in the lives and traditions of the people of Mahasamund, and we are proud to offer tailored gold loan services to meet the diverse financial requirements of our valued customers. With transparent processes, manageable repayment options, and competitive interest rates, a Gold Loan in Mahasamund with Shriram Finance can serve as the ideal financial instrument to help you achieve your individual ambitions and strengthen your long term financial well being. We are dedicated to making the application process as simple and efficient as possible, ensuring a hassle free experience for the residents of Mahasamund to gain swift access to the funds they require, while still maintaining full ownership and control of their treasured gold assets.

Features and Benefits of Gold Loans in Mahasamund

Choosing a Gold Loan with Shriram Finance in Mahasamund brings a range of valuable benefits, designed with your specific needs in mind:

Minimal Documentation

Simple Application Process with Minimal Paperwork

Experience a streamlined and efficient application process with minimal paperwork, designed to respect your time and simplify access to the funds you need.

Flexible Tenure

Smart Borrowing for a Secure Future

Pay interest only for the precise duration that you utilise the gold loan.

Borrow Smartly

Speed and Reliability You Can Depend On

Benefit from our swift loan approval and disbursal processes, ensuring that you receive the funds you require quickly and efficiently, enabling you to act swiftly on opportunities or address urgent needs.

Quick Approval

Unlocking the True Value of Your Gold

Secure a loan of up to 75% of the current market value of your gold.

Maximum Finance

Repayment Plans Tailored to Your Unique Circumstances

Design a repayment schedule that perfectly aligns with your income and your individual financial circumstances.

Low Rate of Interest

Interest Rates Reflecting Fairness and Affordability

Take advantage of our competitive interest rates, starting from only 10%* per annum.

Gold Loan Interest Rates in Mahasamund

Shriram Finance offers competitive interest rates on Gold Loans in Mahasamund, starting from just 10%* per annum. The specific interest rate applicable to your loan will be determined based on the current market value of gold and other relevant factors. For a comprehensive understanding of our interest rates, associated fees, and charges, we encourage you to visit our local branch where our team of experienced professionals can provide personalised guidance and support.
Type of Fees Applicable Charges
Interest RateStarting from 10%* p.a.
Processing FeesUp to 5%
Late Payment Fees36%* p.a. on the Overdue Amount
Foreclosure ChargesNIL

How to Use the Gold Loan EMI Calculator

Take control of your loan planning with our user friendly and intuitive EMI calculator. Simply adjust the loan amount, interest rate, and tenure using the easy to use sliders to gain an immediate understanding of your estimated monthly installments. This empowers you to confidently assess your repayment capabilities and make well informed borrowing decisions that align with your financial goals.
STEP 01
Required loan amount
STEP 02
Interest rate
%
STEP 03
Tenure up to
month
Loan Summary
Loan

Loan

Loan Amount

₹5000

Interest Payable

₹ 42

Monthly EMI

₹ 5,042

Eligibility and Documentation Criteria for Gold Loans in Mahasamund

Meeting the eligibility requirements for a gold loan with Shriram Finance in Mahasamund is a straightforward and transparent process:
  • Address Proof

    Proof of Address

    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

    Proof of Identity

    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 Requirement Applicants must be between 18 and 75 years* of age. Applicant Type Individuals who are salaried, self employed, professionals, business owners, and others, are eligible to apply.

Step by Step Application Process for Gold Loans in Mahasamund

Securing a gold loan with Shriram Finance in Mahasamund is designed to be a quick and convenient process, involving only four straightforward steps:

How to apply
  • 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 Mahasamund

We are dedicated to serving the people of Mahasamund with a growing network of conveniently located branches throughout the region. Utilise our online branch locator tool to easily find the Shriram Finance branch closest to your home or business:

Locate Us

or

  • Andhra pradesh
  • Assam
  • CHHATTISGARH
  • DELHI
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • KARNATAKA
  • Kerala
  • MAHARASHTRA
  • Madhya pradesh
  • Odisha
  • Punjab
  • Punjab/Haryana
  • Rajasthan
  • Tamil Nadu
  • Telangana
  • UTTAR PRADESH
  • UTTRAKHAND
  • West Bengal

Gold Loan Customer Care in Mahasamund

For any questions or assistance related to Gold Loans in Mahasamund, Shriram Finance offers dedicated and responsive customer care services. Contact us via phone or visit your nearest branch for personalised assistance. Our friendly and knowledgeable staff will be readily available to provide you with the support and guidance you need.

Gold Loan Status in Mahasamund

Keep up to date with the progress of your gold loan application by logging onto our website, or if you'd rather speak with someone, contact our helpful customer care team.

Gold Loan FAQs

Can I apply for a gold loan online in Mahasamund?

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 Mahasamund?

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 Mahasamund?

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 Mahasamund?

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 Mahasamund?

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 Mahasamund?

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 Mahasamund?

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 Mahasamund?

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.