Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Rajnandgaon
In need of funds in Rajnandgaon to support your small business, invest in agriculture, boost local commerce, pursue educational goals, or manage personal expenses? A Gold Loan in Rajnandgaon from Shriram Finance provides a secure, reliable, and trusted way to unlock the inherent value of your gold jewellery and ornaments without the need to sell them. Keep your precious gold safe while accessing the capital you need to achieve your dreams. With a wide variety of manageable repayment options, and highly competitive interest rates, taking out a Gold Loan in Rajnandgaon is an effective solution to meet your financial needs. At Shriram Finance, we pride ourselves on putting the customer first, and our loan application process has been designed to be as simple as possible. It's never been easier for residents to get access to the funds they require.
Features and Benefits of Gold Loans in Rajnandgaon
There are many features and benefits associated with choosing a gold loan with Shriram Finance in Rajnandgaon:
Streamlined Documentation
Experience a hassle free and efficient application process with minimal paperwork requirements, saving you valuable time and effort, and making the process straightforward.
Interest Efficiency
Pay interest only for the precise duration the loan is active, optimising your borrowing costs and helping you save money on interest charges.
Transparent and Affordable Interest Rates
Take advantage of competitive interest rates starting from just 10%* per annum, making borrowing more affordable and predictable, and helping you budget effectively.
Swift and Reliable Loan Disbursal
Receive your approved loan funds quickly and efficiently, enabling you to act promptly on opportunities or address urgent needs without undue delay.
Maximise Your Loan Value
Unlock up to 75% of your gold's current market value as a loan, enabling you to leverage your valuable assets effectively for growth and opportunity.
Flexible Repayment Plans
Choose a repayment period that aligns seamlessly with your income and financial plans, ranging from a minimum of 1 month up to a maximum of 1 year, giving you control over your loan.
Gold Loan Interest Rates in Rajnandgaon
| 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 Rajnandgaon
Proof of Address
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Proof of Identity
Any one of the following: Aadhaar Card, Passport, Driver's License, Voter ID, or PAN Card. (If you do not have a PAN Card, you can submit Form 60). Age Requirement Applicants must be between 18 and 75 years* of age. Applicant Type Individuals who are salaried, self employed, professionals, business owners, and others, are eligible to apply.
Step by Step Application Process for Gold Loans in Rajnandgaon
You can apply for a gold loan with Shriram Finance in just four simple steps. Here's how:
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 Rajnandgaon
Gold Loan Customer Care in Rajnandgaon
Toll Free
Gold Loan Status in Rajnandgaon
You can track the progress of your loan application on our website, simply by logging in and viewing your account. Alternatively, you can contact our customer care team, and they'll be able to provide you with an update.
Gold Loan FAQs
Can I apply for a gold loan online in Rajnandgaon?
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 Rajnandgaon?
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 Rajnandgaon?
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 Rajnandgaon?
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 Rajnandgaon?
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 Rajnandgaon?
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 Rajnandgaon?
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 Rajnandgaon?
After completing the registration process, representatives 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.
