Gold Loans in North Tripura
Financial planning becomes easier when you have reliable options at your disposal. For residents of North Tripura seeking immediate funds, gold loans provide a practical solution backed by the security of their precious metal assets. Whether you're preparing for a career advancement opportunity, managing household renovations, or supporting a family celebration, gold loans in North Tripura offer the flexibility and convenience you need to address various financial needs without added stress. With a strong cultural connection to gold, many households in North Tripura prefer leveraging their jewellery rather than parting with it. This is where Shriram Finance steps in with its dependable gold loan services. The company is known for its customer centric approach, offering a streamlined application process, quick approvals, and flexible repayment options tailored to suit individual circumstances. Shriram Finance allows you to make the most of your gold assets without compromising ownership. The loan amount can go up to 75% of the gold's market value, ensuring you get substantial funds when required. Additionally, the interest rates start from 10%* p.a., making it a cost effective choice for short term or emergency borrowing. Borrowers can also benefit from the flexible tenures ranging from 1 month to 12 months, allowing them to repay the loan as per their convenience. The process involves minimal documentation, helping you avoid unnecessary delays and making the entire experience smooth and efficient. For those in North Tripura looking for a trusted financial partner, Shriram Finance offers a gold loan service that combines speed, simplicity, and security-giving you the confidence to manage your goals without financial interruptions.
Features and Benefits of Gold Loans in North Tripura
Shriram Gold Loans offer a variety of appealing features and advantages in North Tripura. These are:
Minimal Documentation
The process involves minimal paperwork and is hassle free.
Borrow Smartly
Pay interest only for the period the gold loan is used for.
Quick Approval
Reliable and faster loan approvals with minimal documentation.
Maximum Finance
Loan up to 75% of your gold value. Gold loans are offered for loan amounts of up to 75% of the market value of the gold pledged as collateral or security.
Low Rate of Interest
Interest rates start from 10%* p.a.
Flexible Tenure
Pay your loan back whenever you want, but there is a minimum loan duration of 1 month. The loan tenure ranges from 1 month to 1 year.
Gold Loan Interest Rates in North Tripura
| 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 North Tripura
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). 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 North Tripura
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 North Tripura
Gold Loan Customer Care in North Tripura
Toll Free
Gold Loan Status in North Tripura
To check the status of your gold loan application, kindly visit our website and enter your application reference number. If you need immediate updates, you may contact our customer care team for assistance.
Gold Loan FAQs
Can I apply for a gold loan online in North Tripura?
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 North Tripura?
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 North Tripura?
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 North Tripura?
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 North Tripura?
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 North Tripura?
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 North Tripura?
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 North Tripura?
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.
