Interest Rates Now Starting Only at 10%*
Quick Loan Disbursal
Flexible Repayment options
No Credit Check Required
Gold Loans in Yamunanagar
Gold loans in Yamunanagar provide a practical solution to accessing funds without parting with your valuable gold. Whether you need financial assistance for education, medical expenses, or business needs, using your gold as collateral can be a wise decision. At Shriram Finance, we make obtaining a gold loan in Yamunanagar straightforward. Our process involves minimal documentation, rapid approvals, and flexible repayment options of up to 12 months. Interest rates start at 10%* p.a., making it an affordable choice for many. Gold loans are particularly beneficial because they allow you to leverage the value of your gold without selling it. This means you can meet your immediate financial needs while retaining ownership of your precious assets. The loan amount you can receive is typically based on the current market value of your gold, ensuring you get a fair deal. Our application process is hassle free. You simply need to provide basic identification and proof of ownership of the gold. Once your application is approved, you can quickly access the necessary funds. This can be especially useful in emergencies where time is of the essence. Moreover, our flexible repayment options mean you can choose a plan that best suits your financial situation. A gold loan in Yamunanagar from Shriram Finance is a practical and efficient way to manage your financial requirements without losing your valuable gold.
Features and Benefits of Gold Loans in Yamunanagar
In Yamunanagar, the features of a gold loan provided by Shriram Finance are detailed as follows:
Maximum Finance
You can secure a loan up to 75%* of your gold's market value with Shriram Finance in Jammu. This means you can access substantial funds based on the value of the gold you pledge as collateral. Whether you need money for personal expenses, business investments, or unexpected emergencies, this high loan to value ratio provides the financial flexibility you need.
Low Rate of Interest
Shriram Finance offers competitive interest rates starting from 10%* p.a. These low rates make borrowing affordable, helping you manage your financial obligations without undue strain. The attractive interest rates ensure that you can repay the loan comfortably, making it easier to meet your financial needs.
Flexible Tenure
The loan tenure ranges from 1 month to 1 year, providing you with the flexibility to choose a repayment schedule that best suits your financial situation. This flexibility ensures that you can manage your repayments comfortably, without feeling pressured by rigid schedules.
Quick Approval
Shriram Finance offers reliable and faster loan approvals with minimal documentation. The streamlined approval process saves time and effort, allowing you to access funds swiftly.
Minimal Documentation
The loan process is designed to be hassle free, involving minimal paperwork. This streamlined approach saves time and effort, allowing you to access funds quickly and easily. It's an ideal solution for those who need immediate financial support.
Borrow Smartly
With Shriram Finance, you pay interest only for the period the gold loan is used. This means that if you repay the loan early, you save on interest costs, making it a cost effective borrowing option. This feature allows you to manage your finances more efficiently, ensuring that you only pay for the time the loan is active.
Gold Loan Interest Rates in Yamunanagar
| 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 Yamunanagar
Address Proof
Aadhaar Card, Passport, Driver's License, Voter ID, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, or Landline Bill.
Identity Proof
Aadhaar Card, Passport, Driver's License, 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 Yamunanagar
Their 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 Yamunanagar
Gold Loan Customer Care in Yamunanagar
Toll Free
Gold Loan Status in Yamunanagar
To check the status of your gold loan application, simply visit the Shriram Finance website and input your application reference number. You can also contact our customer care team for real time updates on your application. Choose Shriram Finance and enjoy a seamless experience applying for a gold loan in Yamunanagar.
Gold Loan FAQs
Can I apply for a gold loan online in Yamunanagar?
Yes, you can apply for a gold loan online. Visit our website or mobile app to apply for Shriram Gold Loan.
What is the interest rate on gold loans in Yamunanagar?
The interest rate starts from 10%* p.a. However, the final gold loan interest rates offered by the lender may depend on the market value of the gold pledged as security.
What is the tenure for a gold loan in Yamunanagar?
You can choose a loan tenure starting from 1 month up to 12 months.
Can I get a gold loan for any type of gold in Yamunanagar?
Shriram Finance provides gold loans for 18 to 22 carats gold ornaments and coins.
Is there a maximum or minimum limit for a gold loan in Yamunanagar?
The loan amount will depend on your gold. Loans up to 75% of your gold value are offered.
What documents are required to apply for a gold loan in Yamunanagar?
You typically need identity proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/PAN Card), and address proof (Aadhaar Card/Passport/Driver's Licence/Voter ID/Gas Connection Card/Water Bill/Electricity Bill/Prepaid Mobile Bill/Landline Bill).
Are there any prepayment penalties on gold loans in Yamunanagar?
Shriram Finance typically does not impose prepayment penalties on gold loans. This allows you to prepay your loan without incurring extra charges, potentially reducing the overall interest you pay. However, it's essential to confirm the specific terms and conditions in your loan agreement to ensure there are no prepayment penalties applicable to your loan
How can I check the status of my gold loan application in Yamunanagar?
After completing the registration process, representatives will evaluate your profile and revert back to you regarding your gold loan.
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.
