Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Vijayawada
In Vijayawada, gold jewellery is an integral aspect of celebrations and important life events. It not only enhances beauty but also serves as a financial asset for many families. Gold loans make it possible for residents to convert their gold into immediate funds when necessary. You can use gold loans for various needs, including business expansion, personal commitments, or unforeseen emergencies. To support your financial goals, Shriram Finance offers gold loans in Vijayawada, enabling you to leverage the value of your gold and secure funds with ease. At Shriram Finance, we prioritise a hassle free borrowing experience with a strong focus on security and convenience. Our gold loans come with competitive interest rates starting at 10%* p.a., flexible repayment options, and secure storage for your gold, ensuring complete peace of mind. The application process is simple and requires minimal documentation, allowing you to access funds quickly without unnecessary delays. Whether you need funds for business investments, medical expenses, education, or any other financial need, our gold loan solutions provide a reliable way to achieve your goals. Apply for a gold loan with Shriram Finance in Vijayawada today and experience a smooth and efficient process. Visit your nearest branch or apply online to get started!
Features and Benefits of Gold Loans in Vijayawada
Learn about the features and benefits of gold loans from Shriram Finance in Vijayawada:
Maximum Finance
Obtain a loan amounting to up to 75% of the market value of your gold. This ensures you can leverage a significant portion of your asset's worth.
Low Rate of Interest
Take advantage of competitive interest rates starting at just 10% p.a. This makes borrowing more affordable and manageable.
Flexible Tenure
Enjoy the flexibility to repay your loan at your own pace, with a minimum tenure of 1 month. The repayment period can extend from 1 month up to 1 year, allowing you to choose a term that best suits your financial situation.
Minimal Documentation
Benefit from a straightforward and user friendly process that requires very little paperwork. This makes the loan application process quick and hassle free.
Borrow Smartly
You will only be charged interest for the actual duration that the gold loan is utilised. This ensures you are not paying more than necessary.
Quick Approval
Experience fast and reliable loan approvals with minimal documentation requirements, ensuring you get the funds you need without unnecessary delays.
Gold Loan Interest Rates in Vijayawada
| 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 Vijayawada
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 Vijayawada
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 Vijayawada
Gold Loan Customer Care in Vijayawada
Toll Free
Gold Loan Status in Vijayawada
Tracking your gold loan status in Vijayawada is simple and convenient. You can easily monitor the progress of your loan by entering your reference number online through Shriram Finance's official website. If you prefer personal assistance, you can contact Shriram Finance's support team. Contact Shriram Finance in Vijayawada today to learn more about our gold loan options.
Gold Loan FAQs
Can I apply for a gold loan online in Vijayawada?
Yes, you can easily apply for a gold loan online via our website or the Shriram Finance app.
What is the interest rate on gold loans in Vijayawada?
Our gold loan interest rates start at 10%* p.a., with the final rate depending on the market value of your pledged gold.
What is the tenure for a gold loan in Vijayawada?
We offer repayment tenures ranging from 1 month to 12 months, providing flexibility to our customers.
Can I get a gold loan for any type of gold in Vijayawada?
Yes, we issue 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 Vijayawada?
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 Vijayawada?
You will need to submit identity proof (like an Aadhaar Card, Passport, Driver's Licence, Voter ID, or PAN Card) and address proof (such as an 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 Vijayawada?
Typically, Shriram Finance does not charge prepayment penalties, allowing you to repay your loan early without additional costs. It's recommended to review your loan agreement for specific details.
How can I check the status of my gold loan application in Vijayawada?
Once you submit your application, you'll receive updates regarding the process. You can also track your status online or contact our customer service team for assistance.
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.
