Gold Loans in Ujjain
Gold jewellery holds immense significance in Indian culture, serving as a symbol of not just material wealth but also deep emotional and familial connections. It often represents cherished memories, traditions, and a sense of security passed down through generations. In a city like Ujjain, where cultural heritage blends seamlessly with modern aspirations, having timely access to funds can play a crucial role in fostering both personal and business growth. In such situations, gold loans in Ujjain offer a practical and efficient solution to address immediate financial requirements without the need to permanently part with these treasured possessions. Shriram Finance recognises the vital role that accessible financing plays in empowering individuals and businesses alike. To cater to this need, they provide gold loans at highly competitive interest rates starting from as low as 10%* p.a. Understanding that financial needs vary from person to person, Shriram Finance offers flexible repayment options with terms ranging from 1 to 12 months. This flexibility allows borrowers to choose a repayment plan that aligns perfectly with their financial circumstances and goals. The loan application process is designed with customer convenience in mind, ensuring a seamless experience. With quick approvals and minimal documentation requirements, Shriram Finance ensures that you can unlock the value of your gold assets without unnecessary delays or complications. This customer centric approach not only helps you meet urgent financial needs but also provides peace of mind. We ensure that your cherished gold remains secure while being effectively utilised to support your aspirations.
Features and Benefits of Gold Loans in Ujjain
Here are the features and benefits of our gold loans in Ujjain.
Maximum Finance
Gold loans are available for amounts reaching 75% of the value of the gold you pledge as collateral.
Low Rate of Interest
Enjoy competitive interest rates starting at just 10%* p.a.
Flexible Tenure
You can repay your loan at your convenience, with a minimum repayment period of 1 month. The loan tenure can range from 1 month to 1 year.
Minimal Documentation
Experience a hassle free process with minimal paperwork required.
Borrow Smartly
You will only pay interest for the duration that you utilise the gold loan.
Quick Approval
Benefit from reliable and swift loan approvals with minimal documentation.
Gold Loan Interest Rates in Ujjain
| 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 Ujjain
- 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 Ujjain
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 Ujjain
Gold Loan Customer Care in Ujjain
Toll Free
Gold Loan Status in Ujjain
Tracking the status of your gold loan application with Shriram Finance is quick and convenient. You can use your reference number on our website or contact our support team. Experience the freedom of financial support with gold loans from Shriram Finance.
Gold Loan FAQs
Can I apply for a gold loan online in Ujjain?
Yes, you can apply online through our website or the Shriram Finance mobile app for a hassle free experience.
What is the interest rate on gold loans in Ujjain?
Shriram Finance offers gold loans at interest rates starting from 10%* p.a. The final rate depends on the market value of your pledged gold.
What is the tenure for a gold loan in Ujjain?
Gold loans offered by Shriram Finance come with flexible repayment tenures ranging from 1 month to 12 months, allowing borrowers to choose a term that suits their financial needs.
Can I get a gold loan for any type of gold in Ujjain?
Yes, we offer loans against gold jewellery and coins with a purity of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Ujjain?
The loan amount is based on the market value of your gold, with financing available for up to 75%.
What documents are required to apply for a gold loan in Ujjain?
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 Ujjain?
We generally do not charge prepayment penalties, allowing you to repay your loan early without extra charges. However, it is best to check the loan agreement for specific terms.
How can I check the status of my gold loan application in Ujjain?
Once your application is processed, you will receive updates. You can also track it online or contact our customer care team.
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.
