sub_locality
Madurai
anna nagar
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In accordance with the respective state government’s directive, we’ve resumed operations in all the cities. However, a few services will remain affected while others will continue as usual. To read about the services or moratorium updates, Click here

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0.79%*
monthly Interest (9.69% P.A)*

Gold Loan in anna nagar

Anna nagar is a locality in the eastern part of the city of Madurai. The place is close to shenoy nagar, sathamangalam, vaigai town, and mandure. On one side the vaigai river flanks the town. Anna nagar is a very well-connected place about 5 km from the railway station Madurai junction. The locality is dotted with many budget-friendly, as well as star hotels and restaurants. All of this makes the town a very appealing choice for tourists and visitors who want to stay in an inexpensive accommodation in a well-connected Madurai area. The locality attracts business owners equally as they can make use of gold loan in anna nagar to grow their business in a trouble-free way.
Today's maximum loan value/gm ₹ **
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Gold Loans at the privacy of your home

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Documents required for an online gold loan

A gold loan is the perfect solution when a borrower is looking for urgent loans or emergency funds. With the help of an instant gold loan online, the borrower can receive the required funds in less than an hour. The borrower is eligible to get up to 75% of the market value of the pledged gold as the loan amount. Unlike many other sources of funds, an online gold loan requires minimum paperwork before giving the loan approval. The required documents are:

  1. Identity proof – any document such as voter ID, PAN Card, Aadhaar Card, Passport, or driving license can act as the identity proof of the borrower.
  2. Address proof – the same documents as mentioned above, except for voter ID and PAN card can act as the address proof of the borrower.

Some lenders also approve the loan against just the Aadhaar Card of the borrower. The Aadhaar card is the most important document for an Indian, which has all the details regarding name, father’s and mother’s name, address, biometric information, iris scan, etc. Therefore, it can function as the identity proof as well as the address proof.

What is an online gold loan?

An online gold loan is the most hassle-free form of instant credit. It owes its popularity to the array of flexible features it comes with. It comes with extremely relaxed eligibility criteria, high loan amounts at low-interest rates! Sounds like the perfect package doesn't it? Well, it gets better. There is no set upper limit on your loan amount. This completely depends on the value of your gold. Ideally, lenders approve up to 75% of the market value of the collateral. However, at times it can even go up to 90%! It is noteworthy that this market value does not refer to the prevailing market price. The lender arrives at the gold valuation by taking an average of the gold gram rate from the past 30 days. The borrower can avail the loan right from the comforts of his/her home by downloading the app and placing a loan request using just the Aadhar card as document proof! A lender appointed representative will then visit the borrower's house for gold valuation and post which the loan amount will be transferred within 10 minutes. The entire process end-end takes only about an hour!

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Frequently asked questions

Can I take a gold loan for my education?

Yes, you can take a gold loan in cityname for your educational purpose. In fact, one of the main reasons why gold loans in ciytname are taken is for educational purposes. A secured loan is one of the easiest and most flexible loans to take. The low-interest rates, the high loan to value ratio, and the flexible repayment schemes available with an online gold loan in cityname makes it one of the best sources of funds. The loan term for a gold loan in cityname can range from 6 months to 12 months. For these reasons, if you are pursuing higher education in India or abroad, a gold loan is one of the best options before you.

Which cities is Rupeek currently operational in?

At Rupeek, we understand that every loan applicant will have a different financial need and varying levels of urgency. At Rupeek, we ensure to serve each of these urgent loan requirements. Rupeek takes extreme pride in it’s fast, fair, and flexible loan services. Irrespective of whether or not you have all the required documentation or a healthy credit score, Rupeek ensures to have a solution for everybody. Which is how we have catered to about one lakh happy customers across the country! Here is a list of all the cities we currently operate in- 

  1. Bangalore
  2. Mumbai
  3. Delhi
  4. Chennai
  5. Kolkata
  6. Ahmedabad
  7. Pune
  8. Hyderabad
  9. Surat
  10. Jaipur
  11. Coimbatore

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