Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Patna
In Patna, gold jewellery isn't just beautiful; it's a symbol of cultural heritage and a source of financial security for many families. When unexpected financial needs arise, turning to gold loans by pledging your gold offers a practical solution. These loans can help you achieve various financial goals, from expanding your small business to covering personal expenses. Shriram Finance provides gold loans in Patna, offering a secure and efficient way to meet your immediate financial requirements. We understand the inherent value of your gold assets and have designed a transparent and streamlined process to get you the funds you need. Our interest rates start from a competitive 10%* p.a., and you can choose a repayment period that suits you, ranging from 1 month to 12 months. With our established financial expertise, you can count on a dependable and professional gold loan experience right here in Patna. Ready to unlock the potential of your gold? Visit your nearest Shriram Finance branch in Patna or apply online today for a quick and hassle free experience.
Features and Benefits of Gold Loans in Patna
Shriram Finance's gold loan services in Patna are designed to provide quick and reliable financial support to individuals and businesses. Below is a detailed overview of the features and benefits that make these loans an ideal choice:
Flexible Tenure
Enjoy the flexibility of choosing a repayment period that works best for you, with tenures ranging from a short 1 month to a more extended 1 year.
Maximum Finance
You can borrow up to 75% of your gold's current market value when you pledge it as collateral, giving you significant access to funds.
Low Rate of Interest
Our interest rates start as low as 10%* p.a., making borrowing more affordable.
Minimal Documentation
The process is hassle free, involving minimal paperwork.
Borrow Smartly
You only pay interest for the exact time you use the borrowed money, making it a cost effective solution.
Quick Approval
Expect quick and reliable loan approval with easy documentation processes.
Gold Loan Interest Rates in Patna
| 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 Patna
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 Patna
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 Patna
Gold Loan Customer Care in Patna
Toll Free
Gold Loan Status in Patna
Staying informed about your gold loan application in Patna is convenient with Shriram Finance. You can easily monitor its progress online using the reference number provided to you. Alternatively, feel free to get in touch with our customer support team for the latest updates. Meet your financial requirements confidently with Shriram Finance gold loans in Patna, designed for your convenience.
Gold Loan FAQs
Can I apply for a gold loan online in Patna?
Yes, you can easily apply for a Shriram Gold Loan online in Patna through our website or mobile app. It's a quick and convenient way to start the process.
What is the interest rate on gold loans in Patna?
Our interest rates for gold loans in Patna start from 10%* p.a. The final rate will depend on the current market value of the gold you pledge as collateral.
What is the tenure for a gold loan in Patna?
Shriram Finance offers flexible loan tenures in Patna, ranging from a minimum of 1 month to a maximum of 12 months. Therefore, it is easy to choose a repayment period that suits your financial situation.
Can I get a gold loan for any type of gold in Patna?
Gold loans in Patna are available for gold ornaments and coins with purity ranging from 18 to 22 carats. Please check with your nearest branch for specific details.
Is there a maximum or minimum limit for a gold loan in Patna?
The amount you can borrow is based on the value of your gold. Shriram Finance offers loans up to 75% of your gold's market value.
What documents are required to apply for a gold loan in Patna?
You will 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 Patna?
Typically, Shriram Finance does not charge any prepayment penalties on gold loans. This allows you to repay your loan early without incurring any extra fees. However, we recommend reviewing your loan agreement for complete details.
How can I check the status of my gold loan application in Patna?
Once you have submitted your application, our representatives will review your profile and keep you updated on the status of your gold loan. You can also track your application online or contact our customer support 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.
