sub_locality
East Godavari
kovvada
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

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

Gold Loan in kovvada

Kovvada is a village in the andhra-pradesh state district of east godavari, India. Located in the rural sector, it is one of the 8 villages of kakinada (rural) district block east godavari district extremely famous for kovvada atomic power project, a 6,600 mw nuclear power plant in andhra pradesh, India. Nearby villages include vakalapudi and ramanayyapeta. The people in this village mostly rely on agriculture and farming. gold loaning in kovvada lets people build better job avenues. People thrive on tourism and pilgrimage due to kovadda sai baba temple, which is very popular. Other poplar locations include the temple of vinayakudu gudi nerellamma, shivaji cinema, musalamma temple and the temple of lord shiva.
Today's maximum loan value/gm **
max LTV

Last Updated :

Last Updated :

Gold Loans at the privacy of your home

lender banks
+91
Please enter valid Mobile Number

Benefits of an online gold loan

The benefits a borrower can reap from an online gold loan are boundless! All you need to do to avail an online gold loan is download the lender's app and place a loan request. One of the best features of a gold loan is that this process can be done online entirely without manual intervention provided that is what the borrower prefers. The borrower also has the flexibility to place a call on the lender's customer care number to avail the same if he/she were to feel like they might need assistance with the process. All this happens right from the comforts of your home. Even when it comes to gold valuation, you do not need to venture out with expensive gold in your pocket! The lender assigns a representative that will visit you at a location and time as stipulated by you. While an online gold loan does require a few basic documents, you can also avail a loan with just your Aadhar card! As a borrower, you are eligible to receive up to 75% of the gold you are pledging. If both parties are in agreement with the loan amount, the loan is disbursed to your account within a matter of 10 minutes. What's more, the entire process takes only an hour end-end!

Eligibility criteria for an online gold loan

Since a gold loan is a secured loan, it offers many benefits that the other sources of funds do not offer. Some of the benefits offered by a gold loan include:

  1. Low rate of interest
  2. Minimal documentation
  3. High loan amount
  4. Flexibility in repayment options
  5. Instant loan approval, etc.

The requirement for eligibility for a gold loan isn’t much. To avail a gold loan, the borrower has to fulfill the below-mentioned criteria:

  1. The borrower shouldn’t be a minor
  2. The mortgage loan should be of 18 karat or above
  3. The gold should be in the form of ornaments or jewelry.

The loan amount is then calculated by the lender by multiplying the quality, purity, and weight of the gold. The lender then multiplies it with the average price of gold for the past thirty days. The resultant amount id the loan amount that the borrower can borrow.

Rupeek ad

Gold Loan Calculator

Hear what our customers say

We’re passionate about making the Rupeek gold loan experience simple, smooth & happy for every customer.

4.6+ star
4.8 star
4.4 star

Your Gold Loan is just a click away!

Please provie a valid name
+91
Please use a valid mobile number

Frequently asked questions

Why should I take a gold loan with Rupeek?

Rupeek gold loans are the perfect solution to all your urgent financial needs. Several advantages can be enjoyed by obtaining gold loans from Rupeek. They offer instant gold loans online with which the borrower can enjoy several benefits that are unique to them. Some of the benefits that can be availed using Rupeek are listed as follows: 1. Low rate of interest – the interest rates can be as low as 0.89%. 2. Flexible repayment options – there are several repayment options from which the borrower can pick which suits his interests best 3. Quick disbursal of funds – the loans are usually disbursed into the borrower’s account within an hour from placing the loan application. 4. Minimal paperwork – the only documents that the borrower has to submit before the lender are their identity proof and address proof. There are also provisions under which the lender can get loans with just their Aadhaar Card. 5. High-value loans – the borrower can get high-value loans with Rupeek. The loan amount that is available to the borrower is determined by the value of the gold that has been pledged.

Are all gold items accepted?

Gold exists in different forms, depending on its purity. The purity of the gold is determined by the internationally recognized term, ‘karat’ where the karat is directly proportional to the purity of the gold. The higher the karat, the higher the purity. The 18 karat gold is the cheapest and the least pure form of gold that exists. Its constituents are gold and other alloys that give it the property to be molded into ornaments. Ornaments are made of 18 karat gold or above. The purest form of gold is 24 karat gold. In its purest form, it exists as coins or bars. Rupeek accepts only gold that is in the form of ornaments. This is because the banks Rupeek have partnered with only accept gold ornament and not gold coins or gold bars.

Rupeek ad

Apply now for 30 minutes doorstep service#

+91
Please enter valid Mobile Number
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