Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Vapi
Gold holds deep cultural and financial significance for the residents of Vapi. Beyond being a treasured possession, it is a valuable asset that can provide financial support during urgent situations. In a rapidly developing industrial city like Vapi, where businesses are expanding, and personal financial commitments are evolving, having quick access to funds can be essential. A gold loan is a simple and efficient way to unlock the value of your gold without selling it. By pledging your gold ornaments, you can secure funds for various needs, including business investments, education, medical expenses, or personal expenses. This secured loan provides liquidity while ensuring your gold remains safe. To cater to these financial needs, Shriram Finance offers gold loans in Vapi, providing an easy and secure way to obtain funds. Our gold loans come with competitive interest rates starting at 10%* p.a., flexible repayment tenures ranging from 1 month to 1 year, and secure storage facilities to safeguard your gold. With a hassle free application process that requires minimal paperwork and offers quick loan approvals, you can access funds without unnecessary delays. Whether you need immediate financial assistance or long term funding, a gold loan is a reliable solution. Apply for a gold loan with Shriram Finance in Vapi today and experience a seamless borrowing process. Visit your nearest branch or apply online to get started!
Features and Benefits of Gold Loans in Vapi
Learn how gold loans offered by Shriram Finance in Vapi can provide you with immediate access to funds:
Maximum Finance
Access loans of up to 75% of your gold's market value, ensuring you get the maximum financing based on your collateral.
Low Rate of Interest
Obtain a gold loan with starting rates of 10%* p.a., making it a cost effective borrowing solution.
Borrow Smartly
Interest is levied only during the loan duration, allowing you to save on unnecessary charges.
Minimal Documentation
Experience a straightforward application process with limited paperwork, resulting in faster approvals.
Flexible Tenure
Select a repayment period that suits your financial situation, from 1 month to 1 year.
Quick Approval
Experience prompt loan approvals, enabling you to receive funds with minimal formalities.
Gold Loan Interest Rates in Vapi
| 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 Vapi
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 Vapi
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 Vapi
Gold Loan Customer Care in Vapi
Toll Free
Gold Loan Status in Vapi
You can easily track your gold loan status online in Vapi. Simply enter your reference number on our website to check your loan progress. Alternatively, you can contact our customer care team for assistance. We will provide you with the latest updates and answer any queries regarding your loan. Trust in Shriram Finance for prompt and dependable gold loan services that put your financial well being first.
Gold Loan FAQs
Can I apply for a gold loan online in Vapi?
Yes, Shriram Finance provides a streamlined and user friendly online application process accessible through our official website. For added convenience, you can also utilise the Shriram Finance mobile application.
What is the interest rate on gold loans in Vapi?
At Shriram Finance, our gold loan interest rates are designed to be competitive, starting at an attractive 10% p.a. It's important to note that the specific interest rate applicable to your loan will be determined based on several factors, primarily the prevailing market valuation of the gold you pledge as security.
What is the tenure for a gold loan in Vapi?
We understand that individual financial situations vary, which is why we offer flexible repayment tenures ranging from a minimum of 1 month to a maximum of 12 months. This range allows you to choose a repayment schedule that best suits your financial capacity and goals.
Can I get a gold loan for any type of gold in Vapi?
Yes, we provide loans against gold jewellery and coins that have a purity between 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Vapi?
The loan amount is based on your gold's market value, and we can finance up to 75% of that value.
What documents are required to apply for a gold loan in Vapi?
Required documents include identity proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (Aadhaar Card, Passport, Driver's Licence, Voter ID, or utility bills).
Are there any prepayment penalties on gold loans in Vapi?
Generally, Shriram Finance does not impose prepayment penalties, allowing you to repay your loan early without additional charges. However, it's best to check your loan agreement for specific terms.
How can I check the status of my gold loan application in Vapi?
After applying, you will receive updates on your application. You can track your progress online or contact our customer care department for further details.
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.
