Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Tirunelveli
Gold has always been more than just a decorative metal; it is a valuable financial asset. Tirunelveli is a city renowned for its rich agricultural economy and historical significance. In this city, having quick access to funds can be crucial for various needs such as business expansion, education, or unexpected expenses. Gold loans in Tirunelveli provide a straightforward and secure way to unlock the value of your gold jewellery without the need to sell it. At Shriram Finance, we offer competitive interest rates starting from 10%* p.a. and flexible repayment terms ranging from 1 to 12 months. Our gold loan services are designed to be user friendly, ensuring that borrowers can access the funds they need without unnecessary delays or complications. With minimal documentation and a swift approval process, our gold loan services provide the financial relief you need when it matters most. This means you can obtain the necessary funds quickly and efficiently, allowing you to focus on your priorities without the stress of financial uncertainty. Shriram Finance's gold loan services are tailored to meet the specific needs of the Tirunelveli community, providing a reliable and efficient way to manage financial challenges. Whether you are a small business owner looking to expand, a family facing unexpected medical expenses, or someone needing to manage household finances, gold loans offer a practical and secure solution. With our competitive interest rates and flexible terms, borrowing against your gold has never been easier or more accessible.
Features and Benefits of Gold Loans in Tirunelveli
Shriram Finance's gold loans offer a secure and efficient way to leverage your gold assets for immediate liquidity:
Low Rate of Interest
Enjoy competitive interest rates starting at 10%* p.a., making repayment more manageable. This low rate helps in reducing the overall cost of borrowing, making it an affordable option for many.
Flexible Tenure
Choose a loan tenure from 1 month to 1 year, based on your financial needs. This flexibility allows you to select a repayment period that best suits your financial situation.
Maximum Finance
Avail up to 75% of your gold's market value as a loan.Avail up to 75% of your gold's market value as a loan. This ensures that you can maximise the amount you borrow against your gold.
Minimal Documentation
Apply with just a few essential documents for a hassle free experience. This reduces the paperwork burden and speeds up the approval process.
Borrow Smartly
Pay interest only for the time you use the loan, making it cost effective. This means you only pay for the duration you actually use the funds.
Quick Approval
Experience a smooth and fast loan approval process. The streamlined approval process ensures that you get the financial support you need without unnecessary delays.
Gold Loan Interest Rates in Tirunelveli
| 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 Tirunelveli
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 Tirunelveli
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 Tirunelveli
Gold Loan Customer Care in Tirunelveli
Toll Free
Gold Loan Status in Tirunelveli
Track your gold loan status online using your reference number or contact our customer support team for quick updates.
Gold Loan FAQs
Can I apply for a gold loan online in Tirunelveli?
Yes, you can apply online through our website or the Shriram Finance mobile app for a convenient experience.
What is the interest rate on gold loans in Tirunelveli?
Our gold loan interest rates start from 10%* p.a., subject to the market value of your pledged gold.
What is the tenure for a gold loan in Tirunelveli?
We offer flexible tenures from 1 month to 12 months, depending on your preference.
Can I get a gold loan for any type of gold in Tirunelveli?
We provide loans against gold jewellery and coins of 18 to 22 carat purity.
Is there a maximum or minimum limit for a gold loan in Tirunelveli?
The loan amount is determined based on your gold's market value, with financing of up to 75%.
What documents are required to apply for a gold loan in Tirunelveli?
You need identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (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 Tirunelveli?
We typically do not charge prepayment penalties, allowing you to repay early without extra costs. However, please check your loan agreement for specific terms.
How can I check the status of my gold loan application in Tirunelveli?
Once your application is submitted, our team will process it. You will receive regular updates on its 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.
