Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Vadodara
Vadodara is home to numerous individuals and enterprises that may occasionally require swift financial assistance. In such situations, a gold loan in Vadodara offers an efficient solution to meet urgent financial requirements without having to part with your valuable possessions permanently. Shriram Finance ensures a seamless and convenient borrowing experience with competitive interest rates starting at 10%* p.a. Borrowers can benefit from flexible repayment tenures ranging from 1 to 12 months, enabling them to select a repayment plan that aligns with their financial needs and goals. The process is designed to be stress free, requiring minimal documentation and offering quick approvals. This ensures that you can access funds promptly while maintaining the security of your pledged gold. Shriram Finance's commitment to customer satisfaction makes gold loans in Vadodara a reliable and practical choice for addressing immediate financial needs. Visit your nearest branch in Vadodara or apply online through our website or mobile app for a hassle free experience.
Features and Benefits of Gold Loans in Vadodara
Gold loans provide an efficient and reliable solution for residents seeking immediate financing. Here are the key features and benefits that make gold loans an ideal choice:
Maximum Finance
Unlock the potential of your gold by accessing loans of up to 75% of its current market value. This ensures you receive the maximum possible funds while retaining ownership of your valuable assets.
Low Rate of Interest
Gold loans are offered at highly competitive interest rates starting as low as 10%* p.a., making them a cost effective borrowing option compared to other forms of credit.
Flexible Tenure
Repay your loan at your convenience with flexible repayment terms. The minimum tenure is 1 month, and you can choose a loan term ranging from 1 month to 1 year.
Minimal Documentation
The application process is designed to be simple and hassle free, requiring minimal paperwork. This ensures a quick and smooth experience for borrowers.
Borrow Smartly
With gold loans, you only pay interest for the duration you utilise the loan. This feature allows you to manage your borrowing efficiently and save on unnecessary costs.
Quick Approval
Benefit from fast and dependable loan approvals with minimal documentation requirements. In most cases, funds are disbursed on the same day, helping you meet urgent financial needs without delay.
Gold Loan Interest Rates in Vadodara
| 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 Vadodara
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 Vadodara
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 Vadodara
Gold Loan Customer Care in Vadodara
Toll Free
Gold Loan Status in Vadodara
Shriram Finance makes it simple to stay updated on your gold loan application or repayment status. Whether you prefer to check online or contact the support team, tracking your gold loan status is quick and hassle free. You can check the status using your reference number or application number on our website or reach out to our customer care team. Contact Shriram Finance today and discover the benefits of our gold loan services.
Gold Loan FAQs
Can I apply for a gold loan online in Vadodara?
Yes, Shriram Finance offers the convenience of initiating your gold loan application online through our website and mobile app. This allows you to start the process from the comfort of your home or office, saving you time.
What is the interest rate on gold loans in Vadodara?
Our gold loan interest rates start at 10%* p.a., depending on the market value of the pledged gold.
What is the tenure for a gold loan in Vadodara?
We offer loan tenures ranging from 1 month to 12 months, ensuring flexibility.
Can I get a gold loan for any type of gold in Vadodara?
Yes, we provide 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 Vadodara?
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 Vadodara?
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 required.
Are there any prepayment penalties on gold loans in Vadodara?
Shriram Finance usually does not charge prepayment penalties, allowing you to close your loan early without extra costs. However, checking the loan agreement for details is advisable.
How can I check the status of my gold loan application in Vadodara?
Once you apply, you will receive regular updates on the progress of your application. 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.
