Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Varanasi
Gold is more than a treasured ornament; it holds significant financial value that can provide crucial support during urgent situations. In Varanasi, a city celebrated for its spiritual heritage and bustling trade, quick access to funds can be vital for business expansion, personal expenses, or emergencies. To address these needs, Shriram Finance offers gold loans in Varanasi, enabling you to leverage the value of your gold assets to secure immediate funds. We are committed to providing reliable financial solutions while safeguarding your valuable gold assets. With competitive interest rates starting at 10%* p.a., flexible repayment options, and secure storage facilities, Shriram Finance ensures a seamless borrowing experience tailored to meet your financial needs. The application process has been specifically designed to be straightforward, featuring rapid approvals and requiring minimal paperwork. Unlock the power of your gold today! Apply for a gold loan with Shriram Finance in Varanasi and enjoy quick access to funds with complete peace of mind. Visit your nearest branch or apply online now for a hassle free experience!
Features and Benefits of Gold Loans in Varanasi
Check the features and benefits of gold loans offered by Shriram Finance in Varanasi.
Maximum Finance
Secure a loan of up to 75% of your gold's market value. This ensures you can maximise your borrowing potential while retaining ownership of your assets.
Low Rate of Interest
Take advantage of interest rates starting from 10%* p.a. Our transparent pricing ensures that you get the best value without hidden charges or unnecessary fees.
Flexible Tenure
Pay back your loan at your convenience, with a minimum loan duration of 1 month. The tenure can range from 1 month to 1 year.
Minimal Documentation
The application process is simple and requires minimal paperwork. This ensures a smooth and hassle free experience.
Borrow Smartly
You will only pay interest for the actual time the gold loan is utilised. This means you can repay the loan early and save on interest costs, giving you better control over your financial planning.
Quick Approval
Our gold loan approval process is swift and efficient. With minimal documentation and fast processing, you can receive your loan amount within a short time.
Gold Loan Interest Rates in Varanasi
| 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 Varanasi
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 Varanasi
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 Varanasi
Gold Loan Customer Care in Varanasi
Toll Free
Gold Loan Status in Varanasi
It is easy to track your gold loan status online. You can easily check its current status online using the reference number. Or, if you prefer, get in touch with our customer support team for updates. Visit your nearest Shriram Finance branch to learn more about our gold loan offerings.
Gold Loan FAQs
Can I apply for a gold loan online in Varanasi?
Yes, you can conveniently apply for a gold loan through our website or the Shriram Finance mobile app. The process is designed to be simple and user friendly.
What is the interest rate on gold loans in Varanasi?
Our gold loan interest rates start at 10%* p.a. The final rate depends on the market value of your pledged gold. The final rate is based on the market value of your pledged gold. To ensure full transparency, all applicable charges and interest calculations are clearly explained before loan approval.
What is the tenure for a gold loan in Varanasi?
Shriram Finance offers flexible repayment tenures ranging from 1 month to 12 months. This allows you to choose a loan period that suits your financial situation, ensuring that repayments remain convenient and manageable.
Can I get a gold loan for any type of gold in Varanasi?
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 Varanasi?
The loan amount is determined by the market value of your gold, with financing available for up to 75%.
What documents are required to apply for a gold loan in Varanasi?
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 Varanasi?
Shriram Finance generally does not charge prepayment penalties, allowing you to repay early without additional costs. However, reviewing the loan agreement for exact terms is recommended.
How can I check the status of my gold loan application in Varanasi?
Once you apply, you will receive updates on the application process. 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.
