Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Tenali
Tenali is a city in Andhra Pradesh, known for its agricultural and commercial activities. The Gold Loan in Tenali offers a convenient way to tap into the value of gold assets, providing quick financial solutions without the need for a good credit score. This loan allows individuals to retain ownership of their gold while accessing necessary funds. Shriram Finance provides up to 75% of the gold's market value as a loan for the Gold Loan in Tenali, ensuring that residents can access substantial funds quickly. With minimal documentation required and competitive interest rates starting from 10%*p.a., Shriram Finance's services make it an attractive option for both personal and business financial needs.
Features and Benefits of Gold Loans in Tenali
In Tenali, Shriram Finance provides a Gold Loan with numerous benefits that cater to your financial needs. Here are the key features:
Maximum Finance:
You can secure a loan up to 75% of your gold's market value, ensuring substantial financial support.
Minimal Documentation:
The process is hassle free with minimal paperwork required.
Flexible Tenure:
Repay your loan at your convenience with a tenure ranging from 1 month to 12 months.
Low Rate of Interest:
Interest rates begin at 10%* p.a., offering a cost effective option.
Borrow Smartly:
Pay interest only for the period you use the loan, providing flexibility in repayment.
Quick Approval:
Enjoy fast and reliable loan approvals to meet your urgent financial needs.
Gold Loan Interest Rates in Tenali
| 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 Tenali
Address Proof
Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card (submit Form 60 if PAN Card is not available). Who Can Apply: Eligible applicants include salaried individuals, self employed professionals, business owners, and other individuals. Age: Applicants must be between 18* and 75* years old.
Step by Step Application Process for Gold Loans in Tenali
The Gold Loan Application Process at Shriram Finance in Tenali is designed to be easy and efficient, helping 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 Tenali
Gold Loan Customer Care in Tenali
Toll Free
Gold Loan Status in Tenali
Conveniently check your gold loan application status online by entering the reference number provided to you on our company website. For up to the minute status information, our friendly support team is always ready to help answer your questions. If obtaining a gold loan in Tenali is on your mind, Shriram Finance presents a straightforward and efficient process tailored to your needs. We accept a wide variety of gold items including jewelry, coins, and bars with purity starting from 18 karats. Our branch network in Tenali ensures you're never far from assistance when needed. We also provide complimentary gold purity assessment using advanced testing equipment to ensure you receive fair valuation.
Gold Loan FAQs
Can I apply for a gold loan online in Tenali?
Absolutely! Shriram Finance offers a convenient online application process for gold loans in Tenali. 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 Tenali?
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 Tenali?
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 Tenali?
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 Tenali?
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 Tenali?
You typically need identity proof (such as an Aadhar Card, Passport, Driver's License, Voter ID, or PAN Card) and address proof (like an Aadhar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill).
Are there any prepayment penalties on gold loans in Tenali?
Generally, prepayment penalties are not imposed. However, it is advisable to review your loan agreement for any specific terms.
How can I check the status of my gold loan application in Tenali?
After completing the registration process, our representatives will evaluate your profile and contact you regarding your application status.
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.
