Maharashtra’s capital city, Mumbai, formerly Bombay, is the financial, commercial, and entertainment capital of India. According to the 2011 population census, the city is the most populous city in India as well as the most densely populated urban agglomeration globally. Mumbai is famous for the Marine Drive, which is popularly referred to as Queen’s Necklace. Apart from this, places like Gateway of India, Juhu Beach, Siddhivinayak Temple, Hanging Gardens, Elephanta Caves, and Chowpatty Beach are a few popular tourist attractions around this city.
Being the financial epicentre of India, Mumbai is home to the headquarters of several Indian companies as well as multinational corporations. Though the City of Dreams provides individuals with a flurry of opportunities, its expensive lifestyle often prompt Mumbaikars to opt for financial products like doorstep loans in Mumbai to meet their instant financial crunches. It helps individuals to tide over their financial crises and manage their daily lifestyle efficiently.
Doorstep loans, also known as cash loans, are available in two categories: secure and unsecured. Before availing instant doorstep loans, individuals must have a clear concept regarding it. The essential features of this financing option are described below:
Through doorstep loans offer quick financing solutions, it comes with certain drawbacks. However, depending on whether it’s secured or unsecured, this factor can differ.
However, in the case of a secured doorstep loan against gold, individuals need not worry about lengthy documentation or eligibility criteria as financial institutions only emphasise the amount of gold jewellery pledged. It comes with several other advantages over other types of doorstep loan.
The benefits of availing of gold-backed doorstep loan are mentioned below:
Depending on lending institutions, one can enjoy additional benefits and features as well. Since a handful of financial institutions are available in India offering doorstep loans, individuals must be careful in choosing their right financial partner. In such cases, one can trust the financial services offered by Rupeek without any second thought.
Several features distinguish us from the rest, like numerous repayment schemes for ease of servicing a loan. Apart from these, other features that make us stand out from the rest are:
To make the entire doorstep loan against gold hassle-free and consumer-friendly, we have come up with an easy and hassle-free application process. Individuals can request a doorstep loan against gold by placing a phone call, from our official website, or downloading the app. Once we receive a request, a loan manager reaches the client-specified destination after fixing an appointment.
Following that, he/she appraises the gold ornaments as well as conducts KYC document verification and leaves once this loan amount is credited to a client’s account. Unlike other secured and unsecured doorstep borrowing, we take 45-60 minutes to complete the gold loan processing. Thus, individuals can avail instant doorstep Gold Loan from Rupeek.
With Rupeek, you need not worry about your valuables’ security as we follow the highest degree of safety measures. The pieces of jewellery are transferred to partner banks of Rupeek in sealed GPS-enabled bags. After that, these valuables are stored in bank vaults under military-grade security and surveillance. Also, we provide insurance for all the gold items against any theft or unprecedented incidents while transferring the jewellery to and from the client’s house.
Rupeek offers gold-backed doorstep loan for unemployed at a starting monthly interest rate of 0.49%. What’s more, individuals can avail maximum gold-backed doorstep loan up to Rs. 1.5 crore with our highest gold per gram rate. Moreover, with the help of a consumer-friendly gold loan calculator, borrowers can calculate the loan amount beforehand and strategise their expenditure accordingly.
With Rupeek, individuals can enjoy the facility of hassle-free loan transfer. They can quickly transfer their outstanding loan and save up to 12,377/lakh on interests.
Contrary to secured and unsecured doorstep borrowing, which demands periodic repayments, customers of Rupeek can avail flexible repayment facility. They can either pay monthly or any time within the tenure as it suits them.
Apart from these features, borrowers can enjoy another facility named gold overdraft facility.
Through this facility, existing customers can avail a credit line on and above their existing loan. Also called Rupeek Quick, this facility allows borrowers to withdraw cash as per their financial requirements from the sanctioned limit. On top of that, they can save a substantial amount on interest as this facility involves interest payment only on the credit limit’s utilised amount.
Thus, individuals looking for “instant doorstep loan providers near me” can conclude their search with Rupeek as our financial services are spread across significant areas of Mumbai.
To obtain gold-backed doorstep loan in Mumbai, contact us to get our financial services in and around any of the areas mentioned below.
A doorstep loan in Mumbai helps individuals meet their obligations and cover financial expenses efficiently. Moreover, with Rupeek’s gold-backed doorstep loan, individuals can enjoy additional benefits like high loan value and gold overdraft facility.
Apply now to unlock all the offers of Rupeek’s doorstep loan against gold.
The necessary charges include the processing fee and interest. There can also be additional charges like late payment fee, EMI bounce charges, and foreclosure charges.
No, few financial institutions in India offer doorstep loans. One such financier is Rupeek Fintech Private Limited that offers instant loan at customers’ doorstep.
The facilities offered under doorstep financing in India includes Cash/Cheque/DD pick up and drop, insurance application, account opening, KYC formality completion, and loan disbursal.
Before they apply for a gold-backed doorstep loan in Mumbai, individuals need to keep in mind factors like the gold’s security, interest rate, repayment schemes, loan-to-value ratio (LTV), and additional fees.
You can acquire more than one loan from Rupeek. However, ensure that repayment of an additional loan does not strain your savings.
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