Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Srinagar
Gold has always been a trusted form of wealth, offering financial security in times of need. Instead of selling your gold, you can pledge it for a loan and access immediate funds. Gold loan in Srinagar provide a practical way for residents to manage medical expenses, business needs, education fees, or personal financial requirements. Shriram Finance makes borrowing simple with minimal paperwork and quick approvals. You can avail of a loan at competitive interest rates starting from 10%* p.a., with flexible repayment options between 1 and 12 months. If you need funds without long waiting times, gold loans offer a dependable solution while keeping your jewellery secure.
Features and Benefits of Gold Loans in Srinagar
Shriram Finance provides a convenient borrowing experience with these benefits:
Minimal Documentation
A simple loan process that requires only basic paperwork.
Maximum Finance
Get up to 75% of your gold's market value, based on its pledged worth.
Quick Approval
Loans are processed quickly, ensuring timely financial support.
Borrow Smartly
Interest is charged only for the period the loan is used, making it an efficient option.
Low Rate of Interest
Interest rates start at 10%* p.a., making borrowing affordable.
Flexible Tenure
Repayment options range from 1 month to 1 year, allowing you to choose a suitable tenure.
Gold Loan Interest Rates in Srinagar
| 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 Srinagar
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 Srinagar
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 Srinagar
Gold Loan Customer Care in Srinagar
Toll Free
Gold Loan Status in Srinagar
To track the status of your gold loan, simply enter your reference number online. If you need more information, feel free to reach out to our customer care team for the latest updates. Partner with Shriram Finance for a transparent and secure gold loan experience.
Gold Loan FAQs
Can I apply for a gold loan online in Srinagar?
Yes, indeed! You can easily apply for a gold loan online in Srinagar through our official website or the Shriram Finance mobile app.
What is the interest rate on gold loans in Srinagar?
Our interest rates begin at 10%* per annum. The final rate depends on the market valuation of your pledged gold.
What is the tenure for a gold loan in Srinagar?
We offer flexible loan durations, from 1 month to 12 months, to meet your financial needs.
Can I get a gold loan for any type of gold in Srinagar?
Shriram Finance in Srinagar 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 Srinagar?
The loan amount is based on your gold's market value, with financing available up to 75%.
What documents are required to apply for a gold loan in Srinagar?
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 Srinagar?
Typically, Shriram Finance doesn't charge prepayment penalties, allowing you to repay early without extra charges. It's best to confirm the exact terms in your loan agreement.
How can I check the status of my gold loan application in Srinagar?
After you apply, our team will process your application. You will get regular updates on 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.
