Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Manali
Gold loans in Manali offer a reliable way to access quick capital by leveraging the value of your gold assets. Instead of selling your cherished gold jewellery or coins, you can use their worth to meet immediate financial needs. Shriram Finance provides an excellent service for this purpose. Known for its efficient application process, Shriram Finance ensures rapid disbursement and offers versatile repayment options. This makes it an ideal choice for both individuals and businesses in need of fast financial support. With flexible terms ranging from 1 month to 12 months and attractive interest rates starting from 10%* per annum, Shriram Finance is well acquainted with the business environment in Manali. The streamlined application process means you can secure funds quickly with minimal documentation. This is particularly useful for those who need financial assistance urgently. The flexible repayment options allow you to choose a tenure that best suits your financial situation, ensuring manageable repayments. Additionally, Shriram Finance provides 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, Shriram Finance's gold loan services offer a dependable and efficient solution.
Features and Benefits of Gold Loans in Manali
Features of a gold loan offered by Shriram Finance are explained below:
Flexible Tenure:
Repay the loan whenever required, with a minimum term of one month and a maximum of one year. This flexibility allows you to align your loan repayments with your financial plans, providing peace of mind and reducing financial stress. You can choose a repayment period that best suits your financial situation.
Minimal Documentation:
Our gold loan process in Hamirpur involves minimal paperwork, ensuring that you can access funds quickly and easily. This streamlined approach saves time and effort, making it ideal for urgent financial needs. You won't have to deal with extensive documentation, allowing you to focus on your immediate financial requirements.
Borrow Smartly:
Interest is charged only for the duration you use the loan, helping you save on costs. This feature is particularly beneficial if you require funds for a short period, as it minimises your overall loan expenses. By paying interest only at the time you use the loan, you can manage your finances more efficiently.
Maximum Finance:
Obtain up to 75%* of your pledged gold's market value as a loan. This ensures you get the best possible value for your gold while keeping it safe. Whether you need funds for medical expenses, education, or business needs, this high loan to value ratio provides you with the financial flexibility you need.
Quick Approval:
Benefit from a smooth and quick loan approval process with minimal paperwork. Our efficient system ensures prompt access to funds when you need them most. This quick turnaround is essential in urgent financial situations.
Low Rate of Interest:
Gold loan interest rates start at 10%* p.a., making borrowing cost effective and affordable. This competitive rate helps you manage your loan costs effectively, ensuring that you can meet your financial obligations without undue strain.
Gold Loan Interest Rates in Manali
| 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 Manali
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 Manali
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 Manali
Gold Loan Customer Care in Manali
Toll Free
Gold Loan Status in Manali
To find out the progress of your gold loan application, visit the Shriram Finance website and enter your application reference number. Additionally you can contact customer care for up to date information on your loan's progress
Gold Loan FAQs
Can I apply for a gold loan online in Manali?
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 Manali?
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 Manali?
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 Manali?
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 Manali?
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 Manali?
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 Manali?
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 Manali?
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.
