Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Vasai Virar
Gold is more than just an ornament; it is a valuable asset that can provide financial support when you need it most. In Vasai Virar, a rapidly growing city known for its thriving business hubs and residential communities, access to quick funds can be essential for various financial needs, including business expansion, personal expenses, or unforeseen emergencies. To help meet these requirements, Shriram Finance offers gold loans in Vasai Virar, allowing you to unlock the value of your gold and secure immediate funds with ease. At Shriram Finance, we prioritise both convenience and security, ensuring a smooth borrowing experience. Our gold loans come with competitive interest rates starting at 10%* p.a., flexible repayment options, and secure storage facilities for your gold. The application process is designed to be simple, requiring minimal paperwork and offering quick approvals, so you can access funds without unnecessary delays. Whether you need financial assistance for your business, education, medical emergencies, or any other requirement, our gold loan solutions provide a reliable way to meet your goals. Apply for a gold loan with Shriram Finance in Vasai Virar today and experience a seamless, hassle free process. Visit your nearest branch or apply online to get started!
Features and Benefits of Gold Loans in Vasai Virar
Shriram Finance offers a range of attractive features and benefits for gold loans in Vasai Virar, designed to provide customers with a seamless and convenient borrowing experience. Here is a detailed overview of what you can expect when availing of a gold loan from Shriram Finance:
Maximum Finance:
Access financing of up to 75% of your gold's market value. This ensures that you can unlock the true potential of your gold assets while retaining ownership.
Low Rate of Interest:
Enjoy interest rates starting as low as 10%* p.a. This makes borrowing affordable and helps reduce the overall cost of the loan.
Flexible Tenure:
You can repay your loan at your convenience, with a minimum duration of 1 month. The repayment period can extend from 1 month to 1 year.
Minimal Documentation:
The application process is simple and hassle free, requiring very little paperwork. This ensures that you can access funds quickly.
Borrow Smartly:
You will only be charged interest for the actual time the gold loan is utilised. This means you can repay early without incurring unnecessary interest charges.
Quick Approval:
Benefit from quick and reliable loan approvals with minimal documentation. This is particularly helpful for those who need immediate access to funds during emergencies
Gold Loan Interest Rates in Vasai Virar
| 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 Vasai Virar
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 Vasai Virar
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 them.
Step 3:
Visit their branch with your gold assets.
Step 4:
Complete verification and receive the loan amount.
Our Gold Loan Branches in Vasai Virar
Gold Loan Customer Care in Vasai Virar
Toll Free
Gold Loan Status in Vasai Virar
Monitoring your gold loan status in Vasai Virar is easy. Simply enter your reference number online or reach out to our support team for timely updates. Visit your nearest Shriram Finance branch to learn more about our gold loan offerings in Vasai Virar.
Gold Loan FAQs
Can I apply for a gold loan online in Vasai Virar?
Yes, you can apply through our website or the Shriram Finance mobile app for a quick and hassle free experience.
What is the interest rate on gold loans in Vasai Virar?
Our gold loan interest rates start at 10%* per annum. The final rate is determined by the market value of your pledged gold.
What is the tenure for a gold loan in Vasai Virar?
We offer flexible repayment tenures ranging from 1 month to 12 months.
Can I get a gold loan for any type of gold in Vasai Virar?
Yes, we provide loans against gold jewellery and coins with a purity range of 18 to 22 carats.
Is there a maximum or minimum limit for a gold loan in Vasai Virar?
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 Vasai Virar?
You will 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 Vasai Virar?
Shriram Finance typically does not impose prepayment penalties, allowing you to repay early without extra costs. However, it's advisable to review the loan agreement for specific terms.
How can I check the status of my gold loan application in Vasai Virar?
After applying, you will receive updates on your application process. You can also track your status online or reach out to 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.
