Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Rishikesh
Gold loan in Rishikesh is a popular option for quickly obtaining money in Rishikesh. They provide a reliable means to unlock the value of your gold assets. Rather than selling your treasured gold, you can leverage their worth to meet immediate financial needs. Customers can take advantage of the services provided by Shriram Finance. Shriram Finance is well known for its streamlined application process, rapid approval times and flexible repayment options, making it an ideal choice for individuals and businesses seeking swift financial assistance. With flexible tenures ranging from 1 month to 12 months and competitive interest rates starting at 10%* p.a. Shriram Finance is well versed with the business environment in Rishikesh and enables you to secure capital quickly.
Features and Benefits of Gold Loans in Rishikesh
Features of a Gold Loan and its benefits offered by Shriram Finance are:
Maximum Finance
Gold loans provide funding up to 75%* of the current market value of the gold pledged as collateral. This allows borrowers to unlock the monetary potential of their gold without selling it.
Minimal Documentation
The process is designed to be simple and hassle free, requiring only basic paperwork such as identification and address proof, making it accessible to a wide range of borrowers.
Borrow Smartly
Interest is charged only for the duration you use the loan, offering flexibility and cost efficiency. Borrowers can repay early without incurring penalties.
Quick Approval
Gold loans feature fast processing and reliable approvals, ensuring immediate access to funds during emergencies or urgent financial needs.
Low Rate of Interest
Starting at 10%* p.a., gold loans offer competitive interest rates compared to unsecured loans, making them an affordable borrowing option.
Flexible Tenure
Loan repayment terms are highly adaptable, ranging from 1 month to 1 year, with a minimum duration of one month. Borrowers can choose repayment schedules that suit their financial situation.
Gold Loan Interest Rates in Rishikesh
| 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 Rishikesh
Address Proof
Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Passport, Driver's License, 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 Rishikesh
Their 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 them.
Step 3:
Visit their branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Rishikesh
Gold Loan Customer Care in Rishikesh
Toll Free
Gold Loan Status in Rishikesh
To check the status of your gold loan application, visit the Shriram Finance website and enter your application reference number. You can also contact customer care for real time updates. Choose Shriram Finance today and enjoy a stress free gold loan experience in Rishikesh.
Gold Loan FAQs
Can I apply for a gold loan online in Rishikesh?
Yes, you can apply for a gold loan online. Visit our official website or download our mobile app to start your application. You can complete the entire process digitally, saving time and avoiding unnecessary branch visits.
What is the interest rate on gold loans in Rishikesh?
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 Rishikesh?
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 Rishikesh?
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 Rishikesh?
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 Rishikesh?
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 Rishikesh?
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 Rishikesh?
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.
