sub_locality
Hyderabad
Musheerabad
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 Musheerabad

Musheerabad, a popular business hub is an important part of the Hyderabad metro city. The area was founded during the Qutb- Shahi era and has been an important part of Hyderabad’s business landscape since then. It is not only popular for business but also for medical tourism since the locality houses world- class hospitals. Some of the reputed hospitals and medical institutions include Pulse Hospital, ESI Hospital, Guru Nanak Care Hospital, Sudarshan Hospital, and Sagarlal Memorial Hospital. Residents and tourists are dependent on gold loans in Musheerabad for buying gold and using it to secure their financial status. It is well connected to important railway networks in the surrounding areas namely Secunderabad, Vidyanagar and Jamia Osmania railway stations. Some of the popular places of worship situated in this area are the Uppalamma Temple, Pochamma Devalayam, Sri Kashi Viswanatha Swamy Devalayam, Masjid-E-Tawheed, Shah e Khasim Masjid, Madina Masjid, and Marnatha Church.
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

What is an online gold loan?

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:

  1. Low rate of interest
  2. High-value loans
  3. Minimal paperwork
  4. Flexible repayment options
  5. Instant loans etc.

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.

Eligibility criteria for an online gold loan

As far as forms of credit go, online gold loans provide a range of peerless flexibility! Here are some of the basic eligibility criteria that you need to meet if you are looking to avail an online gold loan-

1) Since lenders prefer disbursing loans to borrowers that are domiciled within the same geographic boundaries as theirs, you will have to be of Indian nationality and residing in India to avail a loan.

2) You must be an independent major, that is of the age 18 or above

3) Since, usually, Indian lenders do not approve gold coins or bars, the collateral you are looking to secure your loan with has to be gold in the form of jewelry or ornaments.

4) The jewelry you are looking to pledge must be 18 Karat or above (Karat is the measure of the purity of gold)

It is noteworthy that the loan amount you are eligible to receive is bound to vary from the market gold rate. This is due to the fact that lenders don't go by the current market price and instead arrive at the average gold rate based on the rate from the past 30 days. 

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

What do I do if I have found a discrepancy in the returned gold?

If you have found that the collateral returned to you is damaged or tarnished, you should raise a complaint with the lender at once. You have to immediately connect with your loan manager and get the issue sorted. When you take a gold loan in cityname, with Rupeek, it is careful that the collateral asset is not exposed to any kind of mishandling. Rupeek understands that your collateral asset is not only valuable, but also holds sentimental and other significance to you. It would never put your valuables at any risk. As a matter of fact, once the gold is handed over to Rupeek from your custody, the gold is 100% insured. Even the gold valuation takes place before your eyes for security reasons. Further, your gold once it reaches the partner bank is under the tightest and the heaviest security

What is a gold loan?

A gold loan is a loan in which the borrower offers a certain amount of gold against a loan amount (called loan-to-value or LTV) for a certain period of time. This works like a normal secured loan in which the gold acts as collateral or asset. A secured loan is also known as a collateral-based loan. A secured loan is one of the best sources of funds available in the market, thanks to the flexibilty that it offers. Acquiring a gold loan is a very simple and smooth procedure. Usually, it doesn’t take more than an hour for the funds to get disbursed. Its flexibilty allows the borrower to obtain funds even when they have a poor credit history, if they have an irregular income or even if they are unemployed.

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