Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loan in Naina Devi
Gold loans in Naina Devi offer a reliable way to access quick funds by leveraging the value of your gold assets without having to sell your cherished jewellery or coins. At Shriram Finance, we ensure a seamless experience from application to repayment, making it easy for you to access the funds you need. We are known for our streamlined application process, quick approval times, and flexible repayment options, making us an ideal choice for individuals and businesses seeking swift financial assistance. With tenures ranging from 1 to 12 months and competitive interest rates starting from 10%* p.a., Shriram Finance understands the business environment in Naina Devi and ensures you can secure capital quickly. By opting for a gold loan, you retain ownership of your gold assets while unlocking their value to meet your financial needs. Our commitment to customer satisfaction and our tailored approach to lending make us a trusted partner in Naina Devi. The simplified processes ensure you can access funds without unnecessary delays, providing a reliable solution for personal expenses, business investments, or emergencies. With proper support, you can navigate financial challenges confidently and efficiently. Our gold loan services are designed to meet your immediate financial needs while offering the flexibility and convenience you require.
Features and Benefits of Gold Loans in Naina Devi
Features of a gold loan offered by Shriram Finance are explained as below:and benefits:
Flexible Tenure
With Shriram Finance in Guntur, you have the flexibility to choose a repayment period that suits your financial situation. You can select a tenure ranging from a minimum of one month to a maximum of one year. This flexibility allows you to manage your repayments comfortably, without feeling pressured by rigid schedules.
Minimal Documentation
The loan process is designed to be simple and hassle free, requiring very little paperwork. This minimal documentation ensures that you can access the funds you need quickly and without unnecessary delays. It's an ideal solution for those who need immediate financial support.
Low Rate of Interest
Shriram Finance offers competitive interest rates starting at 10%* p.a. This low rate of interest makes the gold loan an affordable borrowing option, helping you manage your financial needs without incurring high costs. The attractive interest rates ensure that you can repay the loan comfortably.
Borrow Smartly
One of the key benefits of our gold loan is that you only pay interest for the duration that you use the loan amount. This means that if you repay the loan early, you save on interest costs, making it a cost effective option. This feature allows you to manage your finances more efficiently and avoid unnecessary expenses.
Quick Approval
Shriram Finance offers reliable and faster loan approvals with minimal documentation. The efficient approval process ensures that you get the funds you need promptly, which is particularly beneficial for urgent financial situations where time is of the essence. The streamlined approval process saves time and effort, allowing you to access funds swiftly.
Maximum Finance
You can avail a loan of up to 75%* of your pledged gold's market value. This high loan to value ratio ensures that you can access a substantial amount of funds based on the value of your gold. Whether you need money for medical expenses, education, or business expansion, this feature provides you with the financial flexibility you need.
Gold Loan Interest Rates in Naina Devi
| 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 Naina Devi
Address Proof
Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card (In case you do not have a PAN Card, you can submit Form 60). Who can apply? Salaried, self employed, self employed professionals, business owners, and other individuals. Age 18 to 75* years.
Step by Step Application Process for Gold Loans in Naina Devi
Their 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 them.
Step 3:
Visit their branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Naina Devi
Gold Loan Customer Care in Naina Devi
Toll Free
Gold Loan Status in Naina Devi
To check the status of your gold loan application, visit our website and enter your application reference number. You can also contact customer care for real time updates. Choose Shriram Finance to enjoy a peaceful borrowing experience in Naina Devi.
Gold Loan FAQs
Can I apply for a gold loan online in Naina Devi?
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 Naina Devi?
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 Naina Devi?
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 Naina Devi?
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 Naina Devi?
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 Naina Devi?
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 Naina Devi?
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 Naina Devi?
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.
