Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Prayagraj
In Prayagraj, gold is not just a treasured possession but also a valuable financial asset. For generations, residents have cherished gold for its cultural significance and financial security. When life presents unexpected expenses or opportunities, many turn to gold loans as a reliable means to unlock the value of their precious possessions. Whether it's supporting a small business venture or covering personal expenses, gold loans in Prayagraj offer a flexible and accessible solution. Shriram Finance is committed to providing a seamless gold loan experience in Prayagraj. Our process is designed to be transparent and efficient, ensuring you can access funds quickly when you need them. With interest rates starting at 10%* p.a. and repayment options ranging from 1 to 12 months, we cater to your unique financial needs. Our team at Shriram Finance understands the importance of trust and reliability in financial services. We pride ourselves on offering a professional and dependable experience. This ensures that your gold loan journey is both secure and satisfying. Unlock the financial potential of your gold in Prayagraj today! Visit the nearest Shriram Finance branch or apply online for a simple and transparent application process.
Features and Benefits of Gold Loans in Prayagraj
At Shriram Finance, our unwavering commitment is to ensure that securing a gold loan is not only possible but also genuinely advantageous and easily accessible for you in Prayagraj. We have meticulously designed our gold loan services to stand out by offering a range of compelling features that cater to your diverse financial needs and preferences:
Flexible Tenure
Enjoy the flexibility to repay your loan over a period that suits you best, from as short as a month to as long as a year.
Maximum Finance
Unlock up to 75% of your gold's market value, ensuring you have access to substantial funds when needed.
Low Rate of Interest
With interest rates starting at 10%* p.a., our gold loans are designed to be cost effective.
Minimal Documentation
Our application process involves minimal paperwork, making it quick and hassle free for you to apply.
Borrow Smartly
You only pay interest for the period you use the loan amount, helping you save on unnecessary costs.
Quick Approval
Our efficient approval process ensures that you receive your funds promptly.
Gold Loan Interest Rates in Prayagraj
| 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 Prayagraj
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 Prayagraj
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 Prayagraj
Gold Loan Customer Care in Prayagraj
Toll Free
Gold Loan Status in Prayagraj
Staying updated on the gold loan status is easy. You can easily track the status of your application online by visiting our website and entering the unique reference number that was provided to you during the registration process.
Gold Loan FAQs
Can I apply for a gold loan online in Prayagraj?
Yes, you can apply online for a Shriram Gold Loan in Prayagraj through our website or mobile app. This makes the process quick and convenient.
What is the interest rate on gold loans in Prayagraj?
The interest rate starts at 10%* p.a., with the final rate determined by the market value of the gold you pledge.
What is the tenure for a gold loan in Prayagraj?
We offer flexible tenures ranging from 1 month to 12 months, allowing you to repay at your convenience.
Can I get a gold loan for any type of gold in Prayagraj?
Gold loans are available for gold ornaments and coins with a purity of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Prayagraj?
The loan amount is based on the gold's market value, with loans offered up to 75% of the gold's worth.
What documents are required to apply for a gold loan in Prayagraj?
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 Prayagraj?
Typically, Shriram Finance does not charge prepayment penalties. However, it's advisable to review your loan terms to confirm.
How can I check the status of my gold loan application in Prayagraj?
You can track your application status online using your reference number or contact our customer support team for updates.
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.
