Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Ongole
Do you need money urgently for your business? A gold loan in Ongole from Shriram Finance could be the answer. It's a simple way to use your gold to get the cash you need. Instead of selling your gold jewellery or coins, you can use them to get a loan. Shriram Finance, one of the biggest companies in India that gives loans, offers gold loans all over the country, and they come with some great benefits. Shriram Finance makes it easy to apply, gives you the money quickly, and offers different ways to pay it back. This makes them a good choice for people and businesses in Ongole who need money fast. Shriram Finance knows Ongole well and offers loans from 1 month to 1 year, with interest rates starting at just 10%* per year, helping you get the money you need quickly.
Features and Benefits of Gold Loans in Ongole
In Ongole, Shriram Finance offers a Gold Loan with several attractive features:
Maximum Finance
You can secure a loan up to 75% of your gold's market value, ensuring substantial financial support.
Minimal Documentation
The process involves minimal paperwork, ensuring a hassle free experience.
Flexible Tenure
Repay your loan at your convenience with a tenure ranging from 1 month to 12 months.
Low Rate of Interest
Interest rates start from 10%*p.a., offering a cost effective option.
Borrow Smartly
Pay interest only for the period you use the loan, providing flexibility in repayment.
Quick Approval
Enjoy fast and reliable loan approvals to meet your urgent financial needs.
Gold Loan Interest Rates in Ongole
| 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 Ongole
Address Proof
Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card (submit Form 60 if PAN Card is not available). Who Can Apply: Eligible applicants include salaried individuals, self employed professionals, business owners, and other individuals. Age: Applicants must be between 18* and 75* years old.
Step by Step Application Process for Gold Loans in Ongole
The straightforward Gold Loan Application Process at Shriram Finance in Ongole allows you to secure 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 Ongole
Gold Loan Customer Care in Ongole
Toll Free
Gold Loan Status in Ongole
Monitor your gold loan application progress with ease by simply entering your unique reference number on our official website portal. For instant updates or clarifications, don't hesitate to connect with our knowledgeable support team available 7 days a week. If you're looking to secure a gold loan in Ongole, Shriram Finance offers a streamlined and user centric application process from beginning to end. We provide disbursement options including direct bank transfer, cheque, or cash depending on your preference and convenience. Our dedicated relationship managers are assigned to each customer to provide personalized guidance throughout the loan term. Additionally, we offer a part payment facility that allows you to reduce your interest burden at any point during the loan period.
Gold Loan FAQs
Can I apply for a gold loan online in Ongole?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Ongole. Visit our official website or download our mobile app to start your application. You can complete the entire process digitally, saving time and avoiding unnecessary branch visits.
What is the interest rate on gold loans in Ongole?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Ongole?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Ongole?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Ongole?
We offer loans up to 75% of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Ongole?
Typically, you need to provide identity proof (such as an Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (like an Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Ongole?
Generally, prepayment penalties are not imposed. However, it is advisable to confirm the terms in your loan agreement.
How can I check the status of my gold loan application in Ongole?
Following the registration process, our representatives will assess your profile and contact you regarding the status of your gold loan application.
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.
