Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Nellore
In Nellore, gold jewellery holds a special place in the hearts of its residents. Beyond being a valuable asset, it represents tradition, security, and a sense of pride. For generations, gold has been viewed as a reliable investment and an essential part of significant life events, such as weddings, festivals, and religious ceremonies. During times of financial urgency, gold loans provide an effective solution, enabling individuals to secure funds without parting with their cherished gold. This financial tool is particularly beneficial in a city like Nellore, where the economy thrives on agriculture, aquaculture, and trade. Gold loans not only cater to personal financial needs but also support entrepreneurial ventures and business expansions. Shriram Finance offers gold loans in Nellore with customer centric features such as flexible repayment options, competitive interest rates starting from 10%* p.a. The loan tenures typically span from a short term of 1 month to a more extended duration of 12 months. With a seamless application process and swift approvals, Shriram Finance ensures that financial assistance is readily accessible when required. Whether you require funds for educational pursuits, medical emergencies, agricultural investments, our gold loans offer a flexible and efficient financial solution. Visit your nearest Shriram Finance branch or apply online today for a quick and hassle free process.
Features and Benefits of Gold Loans in Nellore
Gold loans from Shriram Finance come with numerous features designed to make borrowing convenient and stress free. Below are some key features and benefits:
Minimal Documentation
The gold loan application process is straightforward with minimal paperwork.
Maximum Finance
Avail loans up to 75% of the market value of your pledged gold.
Low Rate of Interest
Competitive interest rates starting at 10%* p.a.
Flexible Tenure
Loan tenure options range from 1 month to 12 months, allowing flexible repayment.
Borrow Smartly
Pay interest only for the time the loan amount is utilised.
Quick Approval
Fast loan approvals with easy documentation requirements.
Gold Loan Interest Rates in Nellore
| 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 Nellore
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 Nellore
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 Nellore
Gold Loan Customer Care in Nellore
Toll Free
Gold Loan Status in Nellore
It's straightforward and convenient to stay updated on your Shriram Finance gold loan application in Nellore. You can easily check your loan status online by going to our website and entering the reference number we gave you when you registered. If you'd rather speak to someone, just contact our customer care team for real time updates and detailed information about your application. Fulfil your financial goals with Shriram Finance gold loans in Nellore, offering flexibility and trust you can count on.
Gold Loan FAQs
Can I apply for a gold loan online in Nellore?
Yes, applying for Shriram Gold Loan online in Nellore is easy and convenient. Simply visit our official website or use the mobile app to complete and submit your application.
What is the interest rate on gold loans in Nellore?
The interest rates for gold loans in Nellore at Shriram Finance start from a competitive 10%* p.a. However, the final interest rate applicable to your loan will depend on factors such as the current market value of the gold you pledge as security.
What is the tenure for a gold loan in Nellore?
Shriram Finance offers flexible loan tenures for gold loans in Nellore, ranging from a minimum of 1 month to a maximum of 12 months. This allows you to choose a repayment period that best aligns with your financial planning and repayment capacity.
Can I get a gold loan for any type of gold in Nellore?
Shriram Finance offers gold loans for 18 to 22 carats gold ornaments and coins in Nellore.
Is there a maximum or minimum limit for a gold loan in Nellore?
You can borrow up to 75% of the market value of your gold, depending on the amount of gold pledged.
What documents are required to apply for a gold loan in Nellore?
Submit any one of the following for 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 Nellore?
Shriram Finance generally does not charge prepayment penalties, allowing you to prepay your loan without additional costs. Check the loan agreement for confirmation.
How can I check the status of my gold loan application in Nellore?
After registration, Shriram Finance representatives will assess your profile and update you regarding your gold loan application 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.
