Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Meerut
Gold has always been a symbol of wealth and security in Meerut. treasured not just for its monetary value but also for its emotional significance. In times of financial need, gold can serve as a dependable resource to unlock funds without the need to sell or part with it permanently. For residents of Meerut, gold loans provide an efficient solution to address urgent financial requirements while preserving their valued gold assets. Shriram Finance offers gold loans in Meerut that enable individuals to leverage the value of their gold to meet diverse financial needs. Whether it's funding business expansion, covering educational expenses, or managing unforeseen costs, these loans provide quick access to funds without compromising ownership of your gold. The application process is simple, requiring minimal documentation. Approvals are fast, ensuring that you receive the financial support you need when you need it most. Our gold loan features competitive interest rates starting from 10%* p.a. and flexible repayment tenures ranging from 1 month to 12 months. Shriram Finance ensures that borrowers have the freedom to repay at their convenience. This flexibility makes gold loans a practical choice for those seeking manageable repayment options tailored to their circumstances. Apply online or visit your nearest Shriram Finance branch in Meerut today for quick and hassle free assistance!
Features and Benefits of Gold Loans in Meerut
Gold loans in Meerut offer a dependable avenue for quickly accessing funds while ensuring your valuable gold remains safe. Here is why our gold loans are a reliable choice for quick access to funds while keeping your gold secure:
Low Rate of Interest
Interest rates begin at 10%* p.a., making borrowing affordable. This low rate allows you to manage your financial needs without incurring excessive costs.
Flexible Tenure
Choose repayment tenures from 1 month to 1 year, with a minimum tenure of 1 month. This flexibility ensures that you can tailor your repayment schedule to suit your financial situation.
Maximum Finance
Avail loans up to 75% of the market value of your pledged gold. With a high loan to value ratio, you can access a significant portion of your gold's worth.
Minimal Documentation
The process is simple, requiring only essential documents for approval. This eliminates lengthy paperwork and ensures quick processing.
Borrow Smartly
Pay interest only for the period you utilise the gold loan, ensuring cost effective borrowing. This feature helps minimise borrowing costs, enabling you to manage expenses effectively.
Quick Approval
Gold loans are processed swiftly, ensuring fast approvals. They provide immediate financial support when time is critical.
Gold Loan Interest Rates in Meerut
| 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 Meerut
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 Meerut
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 Meerut
Gold Loan Customer Care in Meerut
Toll Free
Gold Loan Status in Meerut
Monitor your gold loan status online using your reference number or reach out to our customer care team for prompt updates. Shriram Finance in Meerut ensures a straightforward borrowing process to help you achieve your financial objectives.
Gold Loan FAQs
Can I apply for a gold loan online in Meerut?
Yes, you can apply online by visiting our website or using the Shriram Finance mobile app for a hassle free experience.
What is the interest rate on gold loans in Meerut?
The interest rate starts at 10%* p.a., with the final rate based on the market value of the gold you pledge.
What is the tenure for a gold loan in Meerut?
Repayment tenures range from 1 month to 12 months, giving you the flexibility to choose what suits you best.
Can I get a gold loan for any type of gold in Meerut?
Shriram Finance offers loans on gold ornaments and coins with a purity range of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Meerut?
Loan eligibility is determined by the market value of your gold, with financing available for up to 75% of its value.
What documents are required to apply for a gold loan in Meerut?
You will need valid identity proof (such as Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (including 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 Meerut?
Shriram Finance typically does not charge prepayment penalties, allowing you to close the loan early without extra costs. Still, reviewing the loan terms is advisable.
How can I check the status of my gold loan application in Meerut?
Once you register, our team will assess your profile and share timely updates on your application's progress.
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.
