Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Mehsana
Gold has long been an important part of the cultural and financial fabric of Mehsana. In this city, people value gold not only as a symbol of wealth and prosperity but also as a form of financial security. Over time, many have accumulated gold jewellery as a safeguard for future needs, making it a valuable asset in times of emergency or financial crunch. A gold loan is a secured loan where you pledge your gold as collateral in exchange for quick access to funds. It offers a convenient and fast way for individuals to meet their financial requirements without the need to liquidate valuable assets. The loan amount depends on the weight and purity of the gold you pledge, ensuring that you receive a loan that aligns with your needs. Shriram Finance provides an ideal solution for individuals seeking gold loans in Mehsana. With flexible tenures ranging from 1 to 12 months, you can choose a repayment period that suits your financial situation. Shriram Finance offers competitive interest rates starting from 10%* p.a., making it a cost effective option. The process of securing a gold loan with Shriram Finance is quick and straightforward, with minimal documentation required. This ensures that you can receive the funds you need with minimal hassle and in a timely manner. For those looking to access quick financial assistance using their gold, Shriram Finance provides an easy and reliable solution. Don't let financial uncertainty hold you back-contact Shriram Finance today to learn more about our gold loan offerings and experience a seamless borrowing process.
Features and Benefits of Gold Loans in Mehsana
Our gold loans in Mehsana offer a convenient and reliable solution for those in need of immediate financial assistance. Below are the key features and benefits of opting for a gold loan in Mehsana:
Flexible Tenure
Gold loans in Mehsana come with flexible tenures ranging from 1 to 12 months, allowing you to choose a repayment period that suits your financial situation. This flexibility ensures that borrowers can manage their payments without straining their finances.
Quick Approval
The approval process for a gold loan is fast and hassle free, ensuring that you get the funds you need without unnecessary delays. With quick approval, you can access financial support in a timely manner, especially in urgent situations.
Low Rate of Interest
Interest rates for gold loans in Mehsana start as low as 10%* p.a., making it an affordable borrowing option. This competitive rate helps keep your overall repayment costs manageable and within your budget.
Borrow Smartly
With a gold loan, you only pay interest on the amount and time your loan is active, making it a cost efficient option. This ensures that you are not burdened with unnecessary interest charges if the loan is repaid early or within a short period.
Minimal Documentation
Applying for a gold loan in Mehsana requires minimal paperwork, simplifying the borrowing process. This streamlined approach makes it quicker and easier for borrowers to access funds without having to provide extensive documents.
Maximum Finance
You can avail up to 75% of your gold's current value as a loan, ensuring that you receive substantial financial support. This allows you to leverage the full value of your gold to meet your immediate financial needs.
Gold Loan Interest Rates in Mehsana
| 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 Mehsana
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 Mehsana
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 Mehsana
Gold Loan Customer Care in Mehsana
Toll Free
Gold Loan Status in Mehsana
Tracking your gold loan status in Mehsana is simple. Use your reference number online or reach out to our support team for instant updates. Choose Shriram Finance for a seamless borrowing experience.
Gold Loan FAQs
Can I apply for a gold loan online in Mehsana?
Yes, you can apply via our website or the Shriram Finance mobile app, ensuring a fast and hassle free process.
What is the interest rate on gold loans in Mehsana?
Our gold loan interest rates start at 10%* p.a. The final rate is based on the current market value of your pledged gold.
What is the tenure for a gold loan in Mehsana?
We offer flexible repayment options from 1 month to 12 months, allowing you to choose a suitable tenure.
Can I get a gold loan for any type of gold in Mehsana?
Yes, we provide loans 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 Mehsana?
The loan amount depends on 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 Mehsana?
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, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Mehsana?
Shriram Finance typically does not charge prepayment penalties, allowing you to repay early without additional costs. However, reviewing the loan agreement is advisable for exact details.
How can I check the status of my gold loan application in Mehsana?
After applying, you will receive updates on your loan progress. You can track the status online or contact our customer support for the latest updates.
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.
