Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Papum Pare
Papum Pare, known for its administrative importance and natural beauty in Arunachal Pradesh, is also home to a growing population with evolving financial needs. As day to day expenses and business requirements arise, many residents look for quick and reliable financial support. In such situations, gold loans offer a practical and efficient solution. Rather than selling your gold jewellery or heirlooms, you can use their value as security to manage short term financial requirements without losing ownership. Gold loans in Papum Pare are becoming increasingly popular for their simplicity and speed. At Shriram Finance, we provide gold loan services tailored to meet your specific needs. Our streamlined process ensures that you can access funds quickly, without getting caught in lengthy procedures or excessive paperwork. We offer flexible repayment options, allowing you to repay the loan comfortably over a period that suits your financial situation. With loan tenures ranging from one to twelve months and interest rates starting from 10%* p.a., our gold loans are designed to offer convenience and value. We understand the local economic landscape and the importance of quick access to capital, especially for families and small businesses. Whether you need funds for medical expenses, education, working capital, or any other immediate need, our gold loan services in Papum Pare are here to help you bridge the gap with ease and confidence.
Features and Benefits of Gold Loans in Papum Pare
Shriram Finance offers gold loans that are simple, quick, and tailored to meet your immediate financial needs. Here's how our gold loan services can make borrowing easier and more convenient for you:
Borrow Smartly
You only pay interest for the actual period during which you use the gold loan. This ensures that you don't pay more than necessary, especially if you repay the loan early.
Quick Approval
We offer faster loan approvals to help you access funds when you need them the most. With minimal documentation, the entire process is designed to be efficient and stress free.
Maximum Finance
You can get a loan of up to 75% of your gold's current market value. This allows you to make the most of your gold assets without selling them.
Low Rate of Interest
Our gold loans come with competitive interest rates starting from 10%* p.a. This helps keep your borrowing costs under control, especially for short term needs.
Flexible Tenure
You can repay your loan at your convenience, with a minimum tenure of 1 month. The loan term can go up to 12 months, giving you enough time to plan your repayments.
Minimal Documentation
The gold loan process involves only basic paperwork, making it easy and quick to get started. You don't have to deal with lengthy forms or unnecessary delays.
Gold Loan Interest Rates in Papum Pare
| 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 Papum Pare
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 Papum Pare
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 Papum Pare
Gold Loan Customer Care in Papum Pare
Toll Free
Gold Loan Status in Papum Pare
To check the status of your gold loan application, visit the Shriram Finance website and enter your application reference number. You can also contact customer care. Choose Shriram Finance today and enjoy attractive jewel loan interest rate in Papum Pare.
Gold Loan FAQs
Can I apply for a gold loan online in Papum Pare?
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 Papum Pare?
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 Papum Pare?
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 Papum Pare?
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 Papum Pare?
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 Papum Pare?
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 Papum Pare?
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 Papum Pare?
After completing the registration process, our staff 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.
