Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Mangaluru
Mangaluru is a city where tradition and modernity intertwine effortlessly. When faced with urgent financial needs, residents turn to gold to access funds quickly. Gold loans in Mangaluru offer a practical and efficient way to address such requirements without the need to part with your treasured gold possessions. Rather than selling your valuable jewellery or coins, you can leverage their worth to tackle urgent financial demands. Shriram Finance stands as a dependable partner in providing gold loans tailored to meet your monetary needs with simplicity and convenience. Featuring an easy application process and swift disbursal of funds, you can access the money you need while retaining full ownership of your gold assets. We provide competitive interest rates starting from 10%* p.a. Our flexible repayment tenures range from 1 month to 12 months, so that you have the flexibility to repay at a pace that suits your circumstances. Understanding the aspirations and financial goals of Mangaluru's residents, Shriram Finance delivers trustworthy gold loan solutions designed to offer seamless and secure access to credit. Whether you're managing unforeseen expenses or planning for future growth, Shriram Finance is committed to supporting you every step of the way. Apply for a gold loan today and meet your financial needs with ease!
Features and Benefits of Gold Loans in Mangaluru
Whether you need money for personal or business needs, a gold loan offers a practical solution while ensuring your gold remains safe. Explore the key features and benefits that make gold loans a convenient financial solution in Mangaluru:
Maximum Finance:
Get loans of up to 75% of your gold's market value. The loan amount is determined based on the market value of the gold you pledge as collateral.
Low Rate of Interest:
Interest rates begin at 10%* p.a., offering an affordable borrowing option.
Flexible Tenure:
Repay your loan at your convenience, with tenures ranging from 1 month to 1 year. A minimum loan period of 1 month applies.
Minimal Documentation:
Enjoy a hassle free process with minimal paperwork required for approval.
Borrow Smartly:
Pay interest only for the period you use the gold loan, helping you manage costs efficiently.
Quick Approval:
Access funds quickly with faster loan approvals and minimal documentation.
Gold Loan Interest Rates in Mangaluru
| 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 Mangaluru
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 Mangaluru
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 us.
Step 3:
Visit our branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Mangaluru
Gold Loan Customer Care in Mangaluru
Toll Free
Gold Loan Status in Mangaluru
Track your gold loan status easily by entering your reference number on our website. Or, for immediate updates on your loan's progress, simply contact our customer care team. Whether online or through direct communication, staying updated on your gold loan status has never been easier.
Gold Loan FAQs
Can I apply for a gold loan online in Mangaluru?
Yes, you can apply for a gold loan online. Simply visit our website or use the mobile app to apply for Shriram Gold Loan. The process is straightforward and designed for quick access to funds.
What is the interest rate on gold loans in Mangaluru?
The interest rate starts at 10%* p.a. However, the final rate may vary depending on factors such as the market value of the gold pledged as security and other applicable terms.
What is the tenure for a gold loan in Mangaluru?
You can select a loan tenure ranging from 1 month to 12 months based on your repayment preference.
Can I get a gold loan for any type of gold in Mangaluru?
Shriram Finance offers gold loans for gold ornaments and coins with purity ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Mangaluru?
The loan amount is determined by the value of your gold. You can avail loans up to 75% of your gold's market value.
What documents are required to apply for a gold loan in Mangaluru?
You will generally need identity proof (such as Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (such as Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Mangaluru?
Shriram Finance generally does not charge prepayment penalties on gold loans. This gives you the flexibility to prepay your loan without additional costs, potentially lowering the total interest payable. However, always review the loan agreement to confirm if any prepayment conditions apply.
How can I check the status of my gold loan application in Mangaluru?
Once you complete the registration process, our representatives will assess your profile and get back to you with updates regarding your gold loan application.
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.
