Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Nanded
In Nanded, gold jewellery occupies a place of significant cultural and financial importance. For generations, these gleaming ornaments have been more than mere adornments; they represent cherished traditions, family legacies, and a tangible form of financial security. Within the local customs and social fabric of Nanded, gold often serves as a readily accessible and highly respected asset. When unforeseen financial needs inevitably arise, gold loans present themselves as a practical solution. These loans enable you to leverage the inherent value of your gold holdings without permanently parting with these treasured possessions. Thus, you can navigate temporary financial constraints while retaining ownership of your gold. Shriram Finance offers tailored gold loans in Nanded designed to meet the diverse needs of the local community. These loans are characterised by their flexible repayment options, empowering you to choose a schedule that aligns with your individual financial circumstances. Furthermore, Shriram Finance provides competitive interest rates, starting from an attractive 10%* p.a. The loan tenures are equally accommodating, ranging from a short term of one month to a more extended period of 12 months. With a streamlined and straightforward application process, Shriram Finance ensures that individuals in Nanded can access the required funds quickly.
Features and Benefits of Gold Loans in Nanded
In Nanded, our gold loans offer several appealing features and benefits:
Maximum Finance:
Avail loans of up to 75% of your gold's market value, using your gold as collateral.
Low Rate of Interest:
Interest rates begin at 10%* p.a.
Flexible Tenure:
Repay the loan at your convenience, with the tenure ranging from 1 month to 12 months.
Minimal Documentation:
Enjoy a simple, hassle free process with minimal paperwork.
Borrow Smartly:
Pay interest only for the time you utilise the gold loan.
Quick Approval:
Experience fast and reliable loan approval with minimal formalities.
Gold Loan Interest Rates in Nanded
| 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 Nanded
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 Nanded
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 Nanded
Gold Loan Customer Care in Nanded
Toll Free
Gold Loan Status in Nanded
Staying informed about gold loan status is made easy with Shriram Finance. To track the current status of your gold loan, simply visit our official website and enter the unique reference number provided to you during the application process. Alternatively, you can get real time updates by connecting with our dedicated customer care team via the toll free numbers mentioned above. Experience seamless borrowing with Shriram Finance gold loans in Nanded and unlock the true value of your gold today.
Gold Loan FAQs
Can I apply for a gold loan online in Nanded?
Yes, absolutely. Shriram Finance offers the convenience of applying for a gold loan online in Nanded. You can easily submit your application by visiting our official website or by using the mobile application from the comfort of your home or office.
What is the interest rate on gold loans in Nanded?
The interest rates for gold loans in Nanded with Shriram Finance start from a competitive 10%* p.a. However, the final interest rate applicable to your loan may depend on the prevailing market value of the gold you pledge as security.
What is the tenure for a gold loan in Nanded?
Loan tenures in Nanded range from 1 month up to 12 months. This allows you to choose a repayment period that aligns best with your individual financial circumstances and repayment capacity.
Can I get a gold loan for any type of gold in Nanded?
Shriram Finance typically offers gold loans against gold ornaments and gold coins. The accepted gold should generally range in purity from 18 carats to 22 carats in Nanded.
Is there a maximum or minimum limit for a gold loan in Nanded?
The loan amount is based on the value of your gold. Shriram Finance provides loans up to 75% of your gold's market value.
What documents are required to apply for a gold loan in Nanded?
Typically, you 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 Nanded?
Generally, Shriram Finance does not charge prepayment penalties on gold loans. You can repay early without extra charges. However, review your loan agreement for exact details.
How can I check the status of my gold loan application in Nanded?
Once you complete the registration, our representatives will review your application. You will be kept informed about the progress of your application and will receive updates regarding its status.
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.
