Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Patan
For the residents of Patan, gold is more than just an ornament-it is a valuable financial asset that can provide crucial support in times of need. In a historically rich city with a growing economy, quick access to funds can be essential for business expansion, personal expenses, or unforeseen emergencies. A gold loan offers an easy way to utilise the value of your gold without selling it. By pledging your gold ornaments, you can secure funds for various financial needs, such as education, medical bills, or business investments. This secured loan allows you to access liquidity while ensuring that your gold remains safe. To cater to these financial needs, Shriram Finance offers gold loans in Patan, providing a hassle free way to obtain funds. Our offerings include competitive interest rates starting at 10%* p.a. and flexible repayment tenures ranging from 1 month to 1 year. The streamlined application process, minimal paperwork, and quick loan approvals ensure that you receive the required funds without unnecessary delays. Whether you need immediate financial assistance or long term funding, a gold loan is a reliable and efficient solution. Residents of Patan can initiate a seamless borrowing experience by applying for a gold loan with Shriram Finance. To get started, visit your nearest branch or apply online.
Features and Benefits of Gold Loans in Patan
Our gold loan offerings are designed to be advantageous, with features that simplify your borrowing experience.
Borrow Smartly
Interest is charged only for the duration you use the loan, making it a cost effective borrowing option. This ensures that you pay interest only for the actual loan tenure, reducing the overall financial burden.
Flexible Tenure
Choose a repayment period that suits your financial needs, ranging from 1 month to 12 months. This flexibility allows you to plan your repayments conveniently without unnecessary pressure.
Quick Approval
Get access to funds without long waiting times, thanks to a streamlined approval process. With minimal formalities and fast processing, you can secure a loan without delays.
Low Rate of Interest
Benefit from competitive interest rates starting at 10%* p.a., making gold loans an affordable borrowing option. This ensures that you can access funds at a reasonable cost while keeping your repayments manageable.
Maximum Finance
Avail up to 75% of your gold's market value as a loan, ensuring high value financing. This allows you to unlock the true worth of your gold without selling it.
Minimal Documentation
The loan process requires only essential documents, ensuring a hassle free experience. With fewer paperwork requirements, you can get your loan approved quickly and conveniently.
Gold Loan Interest Rates in Patan
| 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 Patan
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 Patan
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 Patan
Gold Loan Customer Care in Patan
Toll Free
Gold Loan Status in Patan
Easily monitor your gold loan status in Patan. You can track your gold loan status online using your reference number on our website. For assistance, you can also reach out to our customer care team for the latest updates. Get the funds you need quickly with Shriram Finance gold loans apply today.
Gold Loan FAQs
Can I apply for a gold loan online in Patan?
Yes, you have the option to apply via our website or the Shriram Finance mobile app, ensuring a simple and quick process.
What is the interest rate on gold loans in Patan?
Our gold loan interest rates start at 10%* p.a., with the specific rate dependent on the current market valuation of your pledged gold.
What is the tenure for a gold loan in Patan?
We offer flexible repayment tenures from 1 month to 12 months.
Can I get a gold loan for any type of gold in Patan?
Yes, we provide loans against gold jewelry and coins with a purity ranging from 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Patan?
The loan amount is determined by your gold's current market value, and we can finance up to 75% of that value.
What documents are required to apply for a gold loan in Patan?
You need 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 Patan?
Shriram Finance typically does not impose prepayment penalties, allowing you to repay your loan early without extra costs. However, reviewing your loan agreement for specific terms is advisable.
How can I check the status of my gold loan application in Patan?
Once you apply for a gold loan, you will receive updates on your application. You can track your progress online or contact our customer care department for the latest information.
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.
