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 mahanagar

Mahanagar is a residential and commercial area situated in Uttar Pradesh, in the north central region of lucknow. The town is divided into separate blocks, surrounded by badshahnagar, kapoorthala, nirala nagar, vishnupuri, and new rahim nagar, with kukrail nadi flowing westward. Several individual houses and builders' floors, and several multi-story buildings are also being built in the form of gated settlements to provide the residents with a safe life. The main projects in the mahanagar locality of lucknow are shalimar buildings, shalimar gallant, universal crescent flat, and amaatra aftek residence. This area offers its people many other services such as good school access and hospitals. The residents make good use of gold loan in mahanagar.

What is an online gold loan?

An online gold loan is the most straightforward secured loan you can avail when you require instant cash. The easy eligibility criteria and high loan amount make a gold loan one of the most popular loans in India. Usually, lenders approve up to 75% of the gold's market value; although at times, the upper limit may go up to 90%. The final amount would depend on the previous thirty days' average gold price and the quality and Karat of the gold. To avail an online gold loan, the borrower has to download the lender's app or call the customer helpline. After this, a loan officer would schedule a meeting and visit the borrower's residence or office and value the gold. Generally, the loan amount gets transferred to the borrower's bank account within ten minutes of loan approval. The total time from loan application to loan approval can be anything from half an hour to an hour.

Benefits of an online gold loan

An online gold loan offers unparalleled benefits. To avail a gold loan, you need to register yourself as a borrower and mortgage your gold ornaments. The best feature of an online gold loan is that the entire process of the loan application and approval takes place online. Hence, the location of the borrower does not matter. Usually, the lender sends a loan officer to the borrower within half an hour of getting the loan request, who verifies the gold, and gives a quote. On successful verification and subsequent approval, the lender then sends the amount directly to the bank account of the borrower. With an online gold loan, a borrower can get up to 75% of the gold's average market value. As it is a secured loan, the rate of interest is lower than many other types of instant loans. Additionally, a borrower can apply for a gold loan only with the Aadhaar Card.

Rupeek ad

Gold Loan Calculator

Frequently asked questions

Is part withdrawal of gold Jewellery allowed post part closure of gold loan?

No you cannot withdraw your pledged gold ornaments with a part payment as most lenders do not allow it due to chances of fraudulence. The gold pledged is like a surity for the lender that assures your repayment of borrowed loan amount. However making part payments of both principal and interest is allowed. Only when the entire principal and interest amount is repaid and the gold loan in Lucknow is deemed close, the loan manager will hand over the pledged gold ornaments to you and obtain an acknowledgement from you.

How do I make an interest payment?

Paying the interest on the gold loan in Lucknow is not a tedious task. It is actually a very simple process. The borrower can make the interest payment of the loan online. This option is offered by most of the lenders in the market. Making the interest payment online for Rupeek is a very simple process. It can be done in a matter of three easy steps. By logging into the app or by visiting the web portal of the Rupeek, the borrower is requested to select the pay interest option. The borrower can then proceed to make the interest payment by selecting the payment mode of their choice. 
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