Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Mandya
Are you looking for a way to access extra funds without selling your valuable possessions? Do you have gold assets that you would be willing to use to help secure a loan? Taking out a Gold Loan in Mandya from Shriram Finance offers a straightforward and dependable way to unlock the financial value held within your gold items. Instead of making the difficult decision to part with your treasured gold jewellery or coins, you can retain ownership of them while using their value to address any pressing or immediate financial needs you may have. Shriram Finance is a recognised and trusted name in the financial industry, known for our commitment to providing accessible, dependable, and tailored gold loan services designed specifically to meet the individual needs of our customers. The combination of clear and manageable repayment options, together with highly competitive interest rates means that opting for a Gold Loan in Mandya with Shriram Finance could be the perfect solution to help you to meet your individual financial objectives. We appreciate that our customers' time is valuable, so Shriram Finance always strives to keep the loan application process as simple and clear as possible. This ensures that it's never been easier for residents of Mandya to gain access to the money that they need.
Features and Benefits of Gold Loans in Mandya
Opting for a Shriram Gold Loan in Mandya unlocks a range of advantageous features:
Maximum Finance
Borrow up to 75% of the real worth of your gold. Our gold loans are specifically designed to maximise the loan amount you can get, offering up to 75% of the current market value of your gold.
Interest Efficiency
You only pay interest for the exact time you are using the gold loan.
Quick Approval
Expect fast and reliable loan approvals, aided by our minimal documentation requirements.
Competitive Interest Rates
Benefit from highly competitive interest rates, starting from 10%* per annum.
Flexible Repayment Options
Choose when you repay your loan; we provide options to suit your needs, but there's a minimum loan duration of 1 month and a maximum loan duration of 1 year.
Straightforward Documentation
Our hassle free process requires very little paperwork, making it easy to apply.
Gold Loan Interest Rates in Mandya
| 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 Mandya
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.
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 Mandya
Our application process is designed to be easy and quick. Here are the 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 Mandya
Gold Loan Customer Care in Mandya
Toll Free
Gold Loan Status in Mandya
Keep up to date with the status of your gold loan application on our website. Or if you prefer, contact our customer care team for real time updates on where your application is up to.
Gold Loan FAQs
Can I apply for a gold loan online in Mandya?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Mandya. Visit our official website or download our mobile app to start your application. You can complete the entire process digitally, saving time and avoiding unnecessary branch visits.
What is the interest rate on gold loans in Mandya?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Mandya?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Mandya?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Mandya?
We offer loans up to 75% of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Mandya?
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 Mandya?
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 Mandya?
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.
