Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Surat
Gold jewellery holds a special place in Indian households, not only as a symbol of tradition and beauty but also as a valuable financial asset. In Surat, a city renowned for its flourishing textile and diamond industries, gold serves as more than an ornament-it is a lifeline during financial crunches. Whether it's for expanding your business, managing personal emergencies, or funding education, gold loans offer a reliable solution to access funds without selling your cherished possessions. Shriram Finance understands the unique financial needs of Surat residents and provides gold loans tailored to meet these requirements. With competitive interest rates starting at 10%* p.a., flexible repayment options, and a hassle free application process, Shriram Finance ensures that borrowing is both convenient and cost effective. The loan tenure ranges from 1 month to 12 months, allowing borrowers to select terms that suit their financial plans. What sets gold loans apart is their simplicity and speed. Unlike traditional loans that require extensive documentation and lengthy approval times, gold loans are processed quickly with minimal paperwork. Moreover, your pledged gold remains safe and secure throughout the loan period, giving you peace of mind. Whether you're a business owner seeking working capital or an individual facing unexpected expenses, Shriram Finance's gold loans in Surat are designed to provide instant financial support when you need it most.
Features and Benefits of Gold Loans in Surat
Here's why opting for a gold loan in Surat is a smart way to access funds while keeping your gold safe:
Low Rate of Interest
Borrow at competitive rates starting from 10%* p.a., making it easier to manage repayments.
Flexible Tenure
Choose a loan term between 1 month and 1 year, with a minimum tenure of 1 month.
Maximum Finance
Get up to 75% of your gold's market value as a loan.
Minimal Documentation
The process is straightforward, requiring only essential documents for approval.
Borrow Smartly
Pay interest only for the duration you use the loan, making borrowing cost effective.
Quick Approval
Benefit from a hassle free process with swift loan approval.
Gold Loan Interest Rates in Surat
| 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 Surat
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 Surat
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 Surat
Gold Loan Customer Care in Surat
Toll Free
Gold Loan Status in Surat
Stay informed about your gold loan application status with ease using Shriram Finance's online tracking system or by contacting our customer care team directly. Simply provide your reference number to receive updates on your application progress or repayment details promptly. This transparency ensures that borrowers remain confident throughout their loan journey with us.
Gold Loan FAQs
Can I apply for a gold loan online in Surat?
Yes! You can conveniently apply for a gold loan online in Surat through our official website or the Shriram Finance mobile app.
What is the interest rate on gold loans in Surat?
Our interest rates start from 10%* p.a. The final rate is determined by the market value of your pledged gold.
What is the tenure for a gold loan in Surat?
We offer flexible loan tenures ranging from 1 month to 12 months, ensuring suitability for your financial needs.
Can I get a gold loan for any type of gold in Surat?
Shriram Finance in Surat provides loans against gold jewellery and coins with purity between 18 and 22 carats.
Is there a maximum or minimum limit for a gold loan in Surat?
The loan amount is determined by your gold's market value, with financing available for up to 75%.
What documents are required to apply for a gold loan in Surat?
You 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 Surat?
Shriram Finance usually does not charge prepayment penalties, allowing you to repay early without additional costs. However, it's advisable to check the loan agreement for exact terms.
How can I check the status of my gold loan application in Surat?
Once you apply, our team will process your application. You will receive 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.
