close btn

Service Update- (Covid-19)

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

Gold Loan in karelibaug

Karelibaug is northern part of gujarat's city of vadodara. It is the most built and conveniently accessible to any part of the city of vadodara. Nearly all the major schools, mosques, malls, food markets, and universities are within a mile of the karelibaug area. There is also a local terminal, train station, and bus depot. Accessible from the city are all state roads, national highways, and expressways. Historically, this was one of the first areas to be built outside a vadodara downtown area. A large number of vadodara's middle-income population opts to stay here. This group's needs are fulfilled by gold loan in karelibaug.

Eligibility criteria for an online gold loan

As a secured loan, the online gold loan offers unparalleled convenience, like easy eligibility, minimal documentation, high loan amount, long tenure, flexible repayment options, low rates of interest, and instant loan approval. Because of its simple eligibility criteria, virtually any Indian citizen can avail a gold loan. To avail a gold loan online, your age must be above 18. The purity of the gold you want to mortgage should be 18 Karat and above. The third and the last eligibility criterion is that the gold should be in the form of jewellery or ornaments. Generally, Indian lenders do not accept gold bars or coins for approving the gold loan. To calculate the loan amount, the lender evaluates the quality, weight, and purity of the gold and multiplies it with the previous thirty days' average price of gold. The figure that comes out as a result of the gold evaluation is the loan amount a borrower becomes eligible for.

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!

Rupeek ad

Gold Loan Calculator

Frequently asked questions

How to apply for a gold loan with Rupeek?

Applying for a gold loan with Rupeek can be done in 3 easy steps.

  1. Request a loan: Download our app, give us a call, or visit our website
  2. Get gold valued at home: Complete the KYC process from the comfort of your home
  3. Get money instantly: The loan amount is instantly transferred to your account

The whole process usually takes places inside an hour. One of the reasons why Rupeek is opted by people around the country is because of its smooth, fast and hassle-free process. Rupeek makes sure that the emergency funds required by the people can be availed as easily as it is possible.

Can I pledge anything other than gold?

Lenders are specific about the kind of loans that they specialise in. For example, a lender that deals in online gold loans, only stick to online gold loan. Rupeek only provides the service of online gold loans and they specialise in them, offering their customers one of the best services that include low interest rates, high loan amount as well as flexible loan repayment options. In fact, Rupeek offers one of the best and the fastest-growing online gold loans in the company. Rupeek also only accepts gold collateral that is in the form of ornaments. While gold also exists as coins and bars, Rupeek only deals in gold ornaments since its partner banks only accept ornaments. 
Rupeek ad
gold img
Apply for Gold Loan 30 Minutes Doorstep Service
close
+91
Please enter valid Mobile Number
close
success img

Loan Request Successful

Your request has been received, our customer relationship manager has been notified and will call you shortly