Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Solapur
In Solapur, gold is more than just a decorative ornament; it is a valuable financial asset that can provide much needed support during challenging times. Instead of parting with your cherished jewellery by selling it, you can leverage its value by pledging it for a gold loan. Gold loans in Solapur offer a practical and efficient solution to manage urgent financial needs such as medical treatments, education expenses, business investments, or home repairs. Shriram Finance ensures that the process of availing a gold loan is smooth and stress free. With minimal documentation requirements and quick loan approvals, you can access funds without unnecessary delays. The interest rates are highly competitive, starting at just 10%* p.a., and borrowers have the flexibility to choose repayment tenures ranging from 1 month to 12 months. If you are looking for a reliable and straightforward financial solution in Solapur, Shriram Finance's gold loans provide the perfect combination of convenience, flexibility, and timely support to meet your needs. Unlock the potential of your gold in Solapur! Apply for Shriram Finance Gold Loan now and get the funds you need.
Features and Benefits of Gold Loans in Solapur
Shriram Finance offers a seamless process with the following benefits:
Minimal Documentation
The application process is designed to be simple and hassle free, requiring only essential documents.
Maximum Finance
Secure up to 75% of the market value of your pledged gold, ensuring you receive maximum value for your asset.
Quick Approval
Shriram Finance prioritises speed, offering rapid loan approvals so you can access funds immediately when needed.
Borrow Smartly
Interest is charged only for the duration the loan is utilised, allowing borrowers to save on costs if they repay early.
Low Rate of Interest
With interest rates starting at just 10%* p.a., borrowing becomes affordable and cost effective.
Flexible Tenure
Select a repayment term from 1 month to 1 year, with a minimum tenure of 1 month.
Gold Loan Interest Rates in Solapur
| 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 Solapur
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 Solapur
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 them.
Step 3:
Visit their branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Solapur
Gold Loan Customer Care in Solapur
Toll Free
Gold Loan Status in Solapur
You can easily monitor the progress of your gold loan application by entering the unique reference number provided to you on our website. Alternatively, our dedicated customer care team is always available and happy to provide you with the latest updates regarding your application At Shriram Finance, we are here to guide you through the gold loan application process.
Gold Loan FAQs
Can I apply for a gold loan online in Solapur?
Yes, applying for a gold loan online in Solapur is straightforward through our official website or the Shriram Finance mobile app. These digital platforms offer a user friendly way to begin your application from the comfort of your own home or wherever you may be in Solapur.
What is the interest rate on gold loans in Solapur?
Our interest rates start at 10%* p.a. The exact rate depends on the current market value of your gold.
What is the tenure for a gold loan in Solapur?
We understand that everyone's financial circumstances are different, which is why we offer flexible loan tenures. You can choose a tenure from 1 month to 12 months, to suit your financial requirements.
Can I get a gold loan for any type of gold in Solapur?
In Solapur, Shriram Finance provides loans against gold jewellery and coins with purity levels between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Solapur?
The loan amount is determined by your gold's market value, with financing available up to 75%.
What documents are required to apply for a gold loan in Solapur?
You will need proof of identity (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and proof of address (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 Solapur?
Generally, Shriram Finance doesn't charge prepayment penalties, allowing you to repay early without additional fees. Always check your loan agreement for precise details.
How can I check the status of my gold loan application in Solapur?
Once you have applied, our team will process your application. We'll keep you informed of its progress.
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.
