Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Shivamogga
Gold loans are a popular and convenient way to access quick funds in Shivamogga. They offer a reliable solution to unlock the value of your gold assets. Instead of selling your valuable gold jewellery or coins, you can use them to meet your immediate financial needs. Shriram Finance is known for its streamlined application process, quick approval times, and flexible repayment options, making it an ideal choice for individuals and businesses seeking swift financial assistance. With flexible tenures of 1 month to up to 12 months and attractive interest rates starting from 10%* p.a., Shriram Finance understands the Shivamogga business environment. By streamlining the application process, Shriram Finance allows you to get capital quickly.
Features and Benefits of Gold Loans in Shivamogga
Shriram Gold Loans come with numerous attractive features and benefits:
Low Rate of Interest
Interest rates start from 10%* p.a.
Flexible Tenure
Pay your loan back whenever you want, but there is a minimum loan duration of 1 month. The loan tenure ranges from 1 month to 1 year.
Maximum Finance
Loan up to 75% of your gold value. Gold loans are offered for loan amounts up to 75% of the market value of the gold pledged as collateral or security.
Quick Approval
Reliable and faster loan approvals with minimal documentation.
Minimal Documentation
The process involves minimal paperwork and is hassle free.
Borrow Smartly
Pay interest only for the period the gold loan is used for.
Gold Loan Interest Rates in Shivamogga
| 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 Shivamogga
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 Shivamogga
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 Shivamogga
Gold Loan Customer Care in Shivamogga
Toll Free
Gold Loan Status in Shivamogga
Keep track of your gold loan application status conveniently by using your reference number on our secure online portal. For the latest information or assistance, our dedicated support executives are available to help you promptly. For those seeking a gold loan in Shivamogga, Shriram Finance delivers a smooth and efficient application experience designed with customer convenience as a priority. We offer attractive discounts on processing fees for senior citizens and women applicants as part of our inclusive financial services approach. Our innovative mobile application allows you to monitor your loan, make payments, and request services on the go. Furthermore, we conduct regular SMS and email updates regarding your loan status and upcoming payment reminders.
Gold Loan FAQs
Can I apply for a gold loan online in Shivamogga?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Shivamogga. 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 Shivamogga?
Our gold loan interest rates start from 10%* per annum. The final rate depends on the market value of the gold you pledge, the loan amount, and current market conditions. We offer transparent and competitive rates tailored to your specific financial needs.
What is the tenure for a gold loan in Shivamogga?
We provide flexible loan tenures ranging from 1 month to 12 months. Choose a repayment period that best suits your financial situation. You can also discuss prepayment or tenure extension options with our loan counsellors.
Can I get a gold loan for any type of gold in Shivamogga?
Shriram Finance accepts gold ornaments and coins between 18 to 22 carats. Our expert team will carefully evaluate the purity and weight of your gold to determine the loan amount you qualify for.
Is there a maximum or minimum limit for a gold loan in Shivamogga?
We offer loans up to 75% of your gold's current market value. The loan amount is directly linked to the quantity and quality of gold you pledge as security. Our transparent valuation ensures you get the maximum possible loan.
What documents are required to apply for a gold loan in Shivamogga?
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 Shivamogga?
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 Shivamogga?
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.
