Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Rewa
Rewa is a city in Madhya Pradesh. It is significant for its historical sites and industrial activities. For those in need of quick financial assistance, the Gold Loan in Rewa offers a convenient solution. This loan allows individuals to unlock the value of their gold without parting with it, making it an attractive option for addressing financial emergencies. Shriram Finance offers a hassle free experience with minimal documentation and quick approval for the Gold Loan in Rewa. The loan tenure can range from 1 month to 12 months, allowing residents to manage their finances effectively. With competitive interest rates starting from 10%*p.a. and flexible repayment options, this loan is ideal for both personal and business financial needs.
Features and Benefits of Gold Loans in Rewa
Shriram Finance provides a Gold Loan in Rewa with several key benefits:
Quick Approval
Enjoy fast and reliable loan approvals with minimal documentation, ensuring you can access funds quickly when needed. This streamlined process is designed to meet urgent financial requirements efficiently.
Low Rate of Interest
Interest rates start at 10%* p.a., making gold loans a more affordable borrowing option compared to unsecured loans. Competitive rates help keep your overall cost lower.
Flexible Tenure
The loan tenure ranges from 1 month to 12 months, allowing you to repay at your convenience. This flexibility ensures you can choose a repayment schedule that aligns with your financial situation and cash flow.
Borrow Smartly
You have the flexibility to pay interest only for the period the gold loan is used. This feature helps you save on unnecessary interest payments, making the loan more cost effective for short term financial needs.
Minimal Documentation
The process involves minimal paperwork, ensuring a hassle free experience. Basic documents such as identification and address proof are typically required, making it accessible to a wide range of borrowers.
Maximum Finance
You can secure a loan up to 75%* of your gold's market value. This allows you to unlock the financial potential of your gold without selling it, providing substantial financial support when needed. The combination of these features makes gold loans an attractive option for those seeking quick, affordable, and flexible financial solutions.
Gold Loan Interest Rates in Rewa
| 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 Rewa
Address Proof
Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card (submit Form 60 if PAN Card is not available). Age: Applicants must be between 18* and 75* years old. Who Can Apply: Salaried individuals, self employed professionals, business owners, and other eligible individuals can apply.
Step by Step Application Process for Gold Loans in Rewa
The Gold Loan Application Process at Shriram Finance in Rewa is designed to be easy and efficient, helping you get a Gold Loan quickly in 4 steps:
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 Rewa
Gold Loan Customer Care in Rewa
Toll Free
Gold Loan Status in Rewa
Track your gold loan application status effortlessly online by simply inputting your unique reference number on our secure website portal. For immediate status updates, our professional support team is available to assist you via phone or email. If you're considering a gold loan in Rewa, Shriram Finance provides a hassle free and efficient application process designed with your convenience in mind. Our gold loans feature loan to value ratios of up to 75%*, ensuring you receive maximum value for your gold assets. We offer loan tenures ranging from 3 months to 36 months, providing flexibility based on your repayment capacity. Our transparent fee structure means no hidden charges or unexpected costs during your loan term.
Gold Loan FAQs
Can I apply for a gold loan online in Rewa?
Yes, you can apply for a gold loan through our website or mobile app.
What is the interest rate on gold loans in Rewa?
The interest rate starts at 10%*p.a. The final rate offered by the financial institution may depend on the market value of the pledged gold.
What is the tenure for a gold loan in Rewa?
You can choose a loan tenure from 1 month to 12 months.
Can I get a gold loan for any type of gold in Rewa?
Gold loans are available for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Rewa?
The loan amount depends on your gold's value. Loans up to 75% of the gold's value are offered.
What documents are required to apply for a gold loan in Rewa?
You typically need identity proof (such as an Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (like an Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Rewa?
Generally, prepayment penalties are not imposed. However, it is advisable to review your loan agreement for any specific terms.
How can I check the status of my gold loan application in Rewa?
After completing the registration process, our representatives will evaluate your profile and contact you regarding your application status.
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.
