Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Malappuram
Gold loans in Malappuram have become a practical solution for residents seeking immediate funds without parting with their cherished possessions. Shriram Finance understands these local needs and offers tailored gold loan services designed to provide maximum convenience and support. With competitive interest rates starting at just 10%* p.a., we ensure affordability while empowering borrowers to meet their financial goals. Flexible repayment terms, ranging from 1 to 12 months, allow you to personalise your loan plans according to your unique financial circumstances. The process is seamless, with quick approvals and minimal documentation, making it easier than ever to access funds. Whether the need is for education, home improvements, medical emergencies, or other unexpected expenses, Shriram Finance is dedicated to offering dependable financial assistance. Our gold loan services enable the residents of Malappuram to unlock the potential of their gold assets while preserving their traditions and values. Apply for a gold loan online or your nearest Shriram Finance branch today.
Features and Benefits of Gold Loans in Malappuram
Our gold loan offerings are designed to be advantageous, with features that simplify your borrowing experience.
Low Rate of Interest
Access a gold loan starting at 10%* p.a., making it a budget friendly borrowing option.
Borrow Smartly
Interest is applied only for the period the loan is active, helping you save on unnecessary payments.
Minimal Documentation
Enjoy a straightforward application process with limited paperwork, which speeds up approvals.
Flexible Tenure
Choose a repayment timeframe that suits your financial situation, from 1 month to 1 year.
Maximum Finance
Obtain loans of up to 75% of your gold's market value, ensuring you receive the maximum financing based on your collateral.
Quick Approval
Experience fast loan approvals, allowing you to receive your funds promptly.
Gold Loan Interest Rates in Malappuram
| 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 Malappuram
Address Proof
Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Driver's Licence, Passport, 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 Malappuram
Our 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 Malappuram
Gold Loan Customer Care in Malappuram
Toll Free
Gold Loan Status in Malappuram
Keep a close eye on your gold loan in Malappuram with ease. Our online portal allows you to track your loan status conveniently using your unique reference number, giving you up to date information at your fingertips. For immediate assistance or any queries, our dedicated support team is also readily available to provide you with the updates you need.
Gold Loan FAQs
Can I apply for a gold loan online in Malappuram?
Absolutely, you can conveniently apply for a gold loan online through our website or mobile app, making the process fast, secure, and hassle free. With just a few simple steps, you can submit your application and track its progress from the comfort of your home.
What is the interest rate on gold loans in Malappuram?
Our gold loan interest rates start at 10%* p.a., ensuring affordability for borrowers. The final rate is determined based on the current market value of your gold and other applicable factors.
What is the tenure for a gold loan in Malappuram?
Shriram Finance offers flexible repayment tenures from 1 month to 12 months on gold loans. You can select a repayment period that aligns with your financial situation and goals.
Can I get a gold loan for any type of gold in Malappuram?
Yes, you can avail of a gold loan against gold jewellery and coins with a purity of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Malappuram?
The loan amount is calculated based on the market value of your gold, with up to 75% of that value available as a loan. This provides flexibility while ensuring you receive optimal funding based on your assets.
What documents are required to apply for a gold loan in Malappuram?
To apply for a gold loan with Shriram Finance, you need identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or utility bills).
Are there any prepayment penalties on gold loans in Malappuram?
In most cases, there are no prepayment penalties on gold loans. However, we recommend reviewing your loan agreement carefully or contacting our team to confirm specific terms related to prepayment.
How can I check the status of my gold loan application in Malappuram?
Once you apply for a gold loan, you will receive updates regarding your application status. You can track its progress online via our website or mobile app or reach out to our customer support team for further assistance.
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.
