Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Ranchi
Gold jewellery is deeply valued in Ranchi. It symbolises cultural heritage and serves as a trusted financial asset. During times of financial need or when new opportunities arise, gold loans in Ranchi provide a practical and efficient way to unlock the value of your gold without parting with it permanently. These loans are ideal for addressing urgent expenses, funding personal goals, or supporting business ventures. Shriram Finance understands the unique financial priorities of Ranchi's residents and offers a seamless borrowing experience. With competitive interest rates starting at 10%* p.a. and flexible repayment options ranging from 1 to 12 months, Shriram Finance ensures that you can access funds quickly and conveniently. The process is transparent and hassle free, designed to prioritise the security of your pledged gold while delivering reliable financial solutions. Whether you're looking to meet immediate financial requirements or plan for future opportunities, Shriram Finance is committed to supporting your aspirations by offering a trustworthy and customer centric approach to gold loans in Ranchi. Apply today and experience stress free borrowing tailored to your needs!
Features and Benefits of Gold Loans in Ranchi
Shriram Finance's gold loans in Ranchi are designed to offer maximum convenience, flexibility, and affordability. This section details the benefits and features of a gold loan offered by Shriram Finance:
Low Rate of Interest
Our gold loans come with competitive interest rates starting at 10%* p.a., helping you manage borrowing costs effectively.
Minimal Documentation
The loan process involves minimal paperwork, ensuring quick and hassle free approval.
Flexible Tenure
Repay the loan according to your financial plan, with tenures ranging from one month to a year.
Maximum Finance
Access up to 75% of your gold's current market value, providing substantial funding when you need it.
Borrow Smartly
Interest is charged only for the period you utilise the loan amount, reducing your overall repayment burden.
Quick Approval
Our streamlined process ensures prompt approvals, offering timely financial support.
Gold Loan Interest Rates in Ranchi
| 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 Ranchi
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 Ranchi
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 Ranchi
Gold Loan Customer Care in Ranchi
Toll Free
Gold Loan Status in Ranchi
Checking the status of your gold loan application in Ranchi is quick and easy. Use your reference number to track the progress online or contact our customer support team for timely updates. With Shriram Finance's gold loans in Ranchi, accessing funds is secure and straightforward. Our loans are tailored to meet your financial needs with flexibility and trust.
Gold Loan FAQs
Can I apply for a gold loan online in Ranchi?
Yes, you can apply for a Shriram Gold Loan in Ranchi online through our website or mobile app, ensuring a fast and convenient process.
What is the interest rate on gold loans in Ranchi?
Gold loan interest rates in Ranchi start at 10%* p.a. The final rate depends on the current market value of the pledged gold.
What is the tenure for a gold loan in Ranchi?
We offer flexible repayment options with tenures ranging from 1 to 12 months, allowing you to choose a repayment period that suits your financial situation.
Can I get a gold loan for any type of gold in Ranchi?
Gold loans are available against gold jewellery and coins with a purity of 18 to 22 carats, ensuring broad eligibility.
Is there a maximum or minimum limit for a gold loan in Ranchi?
The loan amount is based on the market value of the gold pledged, with up to 75% of its worth available as funding.
What documents are required to apply for a gold loan in Ranchi?
To apply, you need valid identity proof (such as Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (including Aadhaar Card, Passport, Driver's Licence, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Ranchi?
Shriram Finance typically does not charge prepayment penalties on gold loans. However, reviewing the loan terms is recommended for complete clarity.
How can I check the status of my gold loan application in Ranchi?
You can track your gold loan application status online using the reference number provided at the time of application. Alternatively, you can contact our customer support team for real time 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.
