Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Nagapattinam
Are you seeking a reliable and convenient way to access some additional funds? Do you possess gold assets that you would be willing to use as security to secure a loan? Opting for a Gold Loan in Nagapattinam from Shriram Finance provides a trustworthy and easily accessible way to unlock the financial potential held within your gold possessions, without being required to sell your gold outright. Shriram Finance provides reliable, readily accessible, and individually tailored gold loan services that are specifically designed to meet the diverse and unique requirements of all our valued customers across India. We provide highly competitive interest rates, and our loan application process is as streamlined and efficient as is practically possible.
Features and Benefits of Gold Loans in Nagapattinam
Opting for a Shriram Gold Loan in Nagapattinam unlocks a range of advantageous features:
Competitive Interest Rates
Benefit from attractive interest rates, starting from 10%* p.a., making borrowing affordable.
Interest Optimisation
With Shriram Finance, you only pay interest for the exact duration you utilise the loan amount, allowing you to save money when you repay early.
Flexible Repayment Options
Choose a repayment plan that fits your budget, with options ranging from monthly instalments to lump sum payments at the end of the loan term. The loan tenure ranges from 1 month to 1 year.
Simplified Documentation
Enjoy a streamlined application process with minimal paperwork, making it quick and easy to get the funds you need.
Swift Loan Approval
Experience a fast and efficient loan approval process, ensuring you receive the funds you need without unnecessary delays.
Optimised Loan to Value Ratio
Access up to 75% of your gold's current market value as a loan. Gold loans are designed to maximise the amount you can borrow against your pledged gold.
Gold Loan Interest Rates in Nagapattinam
| 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 Nagapattinam
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 Nagapattinam
Securing a gold loan with Shriram Finance in Nagapattinam is a simple, four step process:
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 Nagapattinam
Gold Loan Customer Care in Nagapattinam
Toll Free
Gold Loan Status in Nagapattinam
Monitor the status of your gold loan application with ease by entering your reference number through our secure online portal. For real time updates and assistance, our dedicated support personnel are ready to help address any queries you may have. If you're looking to secure a gold loan in Nagapattinam, Shriram Finance offers a convenient and streamlined process designed for optimal customer experience. We provide high value loans for special occasions like weddings or business expansion with customized repayment schedules. Our interest is calculated on a reducing balance basis, ensuring you only pay for what you owe at any given time. Furthermore, we offer complimentary insurance coverage for your pledged gold throughout the loan tenure for complete peace of mind.
Gold Loan FAQs
Can I apply for a gold loan online in Nagapattinam?
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 Nagapattinam?
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 Nagapattinam?
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 Nagapattinam?
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 Nagapattinam?
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 Nagapattinam?
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 Nagapattinam?
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 Nagapattinam?
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.
