Alambagh is a famous settlement in lucknow, near the Uttar Pradesh road to Kanpur. It is one of lucknow's most important residential and industrial districts, and also one of the city's heavily populated areas. Alambagh falls into the district of lucknow cantonment, which sits towards lucknow's southern end. It serves as a popular market place for neighboring villages as farmers from nearby villages visit alambagh every morning to sell vegetables and crops entirely to distributors and local retailers, who in turn distribute the vegetables and crops to retailers across lucknow area. Several individuals also come in alambagh to look for gold loans.
Gold loan is the most flexible and popular source of funds in the Indian financial market. A gold loan is a secured loan, which means that to obtain quick funds or emergency loans, the borrower has to pledge their asset (in this case, their gold) with the lender to obtain funds in return. A secured loan is also known as a collateral-based loan since the funds can be availed only against the asset of the borrower. Gold loans owe its popularity to its attractive features such as:
Using a gold loan, the borrower can get up to 75% of the market value of the collateral as the loan amount. In some cases, up to 90% can also be disbursed as the loan. Instant gold loans are so true to their name that the funds get transferred to the borrower’s account within one hour from the loan application.
When you require emergency funds or urgent loans, a gold loan is one of the most flexible and hassle-free loans that you can acquire. A few of the benefits that are exclusive to gold loans are listed below:
Rupeek takes extreme pride in the fact that we have closed out 25,000 loan applications with utmost care and safety. Here's how we systematical ensure the safety of your ornaments while it is in our possession:
1) ISO Certification- Rupeek's gold appraisal process has been certified by ISO 9011:2015
2) Trusted Partner Banks- We have done an at-length background check with all of our partner banks before we carefully handpicked them. These include but is not limited to Karur Vysya Bank, Federal Bank, and ICICI Bank.
3)Trusted Security Partner- Brinks- an internationally trusted security service is our official security partner.
4) Transporting your Gold- Your gold is transported in a sealed, secured bag embedded with GPS.
5) Storing your Gold- Your gold is stored in secure bank lockers under bank-grade security and surveillance to ensure the utmost safety.
6) 100% Insurance Cover- While in our possession your ornaments have a 100% insurance cover from New India Assurance against theft or accident.
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