Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Panipat
Gold has always held immense value in Panipat, not just as an investment but as a symbol of financial stability. For generations, families have safeguarded gold as a means of security, ensuring they have a dependable asset in times of need. While gold is often treasured, it can also be a powerful financial resource, providing immediate access to funds when required. A gold loan is a straightforward borrowing option where you pledge gold jewellery as collateral and receive funds in return. Whether you need money for urgent medical expenses, business growth, education, or personal commitments, a gold loan allows you to meet financial requirements without selling your gold. This ensures that you retain ownership while using its value to address short term financial needs. At Shriram Finance, we provide gold loans in Panipat with customer centric benefits. Our flexible repayment tenure, ranging from 1 to 12 months, allows you to choose a schedule that fits your financial situation. With competitive interest rates starting at 10%* p.a., borrowing remains cost effective. Our minimal documentation and simple online process ensure that your loan application is processed smoothly. Additionally, we offer quick approval, helping you access funds without unnecessary delays. If you need a trusted financial partner, Shriram Finance is here to help. Apply for a gold loan today and unlock the potential of your gold with ease and confidence.
Features and Benefits of Gold Loans in Panipat
Shriram Finance offers gold loans in Panipat that are simple, fast, and customer friendly. Whether you need funds for personal or business use, our gold loans provide a reliable solution.
Borrow Smartly
You only pay interest for the time you use the loan, reducing unnecessary costs. This ensures better financial control and lower repayment burdens.
Low Rate of Interest
Our gold loans start at 10%* p.a., making them an affordable borrowing option. This helps you manage expenses without excessive financial strain.
Flexible Tenure
We offer repayment tenures from 1 month to 12 months, allowing you to choose a plan that suits your needs. This flexibility makes repayments more manageable.
Minimal Documentation
The loan process requires only essential paperwork, making it quick and straightforward. This helps in faster loan approvals without complications.
Maximum Finance
Secure a loan of up to 75% of your gold's market value, ensuring maximum benefit from your assets. This allows you to meet financial needs without selling your gold.
Quick Approval
Our streamlined process ensures fast loan approvals, giving you immediate access to funds. This makes it easy to handle urgent financial requirements.
Gold Loan Interest Rates in Panipat
| 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 Panipat
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 Panipat
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 Panipat
Gold Loan Customer Care in Panipat
Toll Free
Gold Loan Status in Panipat
To track the progress of your gold loan application, access our website and provide your reference number. Alternatively, you can contact customer support for up to the minute information. Access your gold's value today with Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Panipat?
Yes, you can conveniently apply for a gold loan online in Panipat through Shriram Finance's official website or mobile app. The process is designed to be user friendly and efficient, allowing you to submit your application from the comfort of your home.
What is the interest rate on gold loans in Panipat?
The interest rates for our gold loans in Panipat start as low as 10%* p.a. However, the exact rate applicable to your loan will depend on the current market value of your gold.
What is the tenure for a gold loan in Panipat?
At Shriram Finance, you have the flexibility to choose a loan tenure that suits your repayment capacity. The tenure options range from as short as 1 month to a maximum of 12 months.
Can I get a gold loan for any type of gold in Panipat?
Shriram Finance provides loans against specific types of gold assets, including gold jewellery and coins. The gold items must have a purity level between 18 carats and 22 carats.
Is there a maximum or minimum limit for a gold loan in Panipat?
The loan amount depends on the gold's market value, with financing available for up to 75% of its worth.
What documents are required to apply for a gold loan in Panipat?
Required documents typically include identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or utility bills).
Are there any prepayment penalties on gold loans in Panipat?
Shriram Finance usually does not impose prepayment charges, allowing early loan closure without penalties. It is advised to review the specific terms in your loan agreement.
How can I check the status of my gold loan application in Panipat?
Track your application online with your reference number or contact our customer care team for assistance.
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.
