Shriram City Union Finance - Gold Loans
Shriram City Union Finance is a leading financial institution in India that offers gold loans to customers. Gold loans are a secure way to get quick funds by pledging your gold ornaments. Here are some key details about Shriram City Union Finance's gold loan offerings:
Loan Features:
- Loan Amount: Up to 75% of the value of gold.
- Tenure: Flexible repayment options with loan tenure ranging from 3 months to 36 months.
- Interest Rates: Competitive interest rates based on market conditions.
- Quick Processing: Instant approval and disbursal of loan amount.
Eligibility Criteria:
- Individuals aged 18 years and above.
- Ownership of gold ornaments for pledging.
- Valid identification and address proof documents.
Documents Required:
- Identity Proof: Aadhar Card, Passport, Voter ID, etc.
- Address Proof: Driving License, Utility Bills, etc.
- Gold Ornaments: For pledging as security.
Loan Repayment:
Customers can choose from various repayment options such as EMI payments, bullet repayments, etc. The loan can be repaid in full or in part before the maturity date without any prepayment charges.
How to Apply:
Customers can visit the nearest Shriram City Union Finance branch to apply for a gold loan. The loan application process is simple and hassle-free, with quick approval and disbursal of funds.
Contact Shriram City Union Finance today to know more about their gold loan offerings and start your loan application process.
Shriram City Union Finance Gold Loans - Frequently Asked Questions
1. What documents are required to apply for a gold loan?
Documents required for a gold loan typically include proof of identity, proof of address, and proof of ownership of the gold being pledged. Please refer to our website for a detailed list of documents.
2. What is the maximum loan amount one can get against gold?
The maximum loan amount that can be availed against gold may vary based on the value and purity of the gold being pledged. Contact our nearest branch for more information.
3. What is the repayment tenure for gold loans?
The repayment tenure for gold loans can range from a few months to several years, depending on the loan amount and terms agreed upon. Visit our branch to discuss your repayment options.
4. Can I transfer my existing gold loan to Shriram City Union Finance?
Yes, you can transfer your existing gold loan to Shriram City Union Finance subject to meeting our eligibility criteria. Contact our customer service for more details on the transfer process.
5. What happens if I am unable to repay my gold loan on time?
If you are unable to repay your gold loan on time, there may be penalties and additional charges involved. It is advisable to communicate with our branch officials and discuss your repayment options to avoid any default consequences.
