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 Sangvi

In Pune district, there is a very popular locality Sangvi situated in Pimpri-Chinchwad city. This place is a very good option for the people who are in search of employment. This is due to its good connection with major employment areas like Khadki, Aundh, Wakad, etc. There is also a very good growth of local businesses in this locality. Due to such great opportunities, job seekers are so much attracted to this place irrespective of IT domain or the manufacturing domain. But setting a new business or making a living in this locality is quite expensive compared to other average areas. So, people who might be thinking of settling in Sangvi may need some urgent cash at some point in time. You can get a gold loan in Sangvi for any purpose, whether it is for business needs or personal use. So, without any lengthy procedures, you can have instant financial relief.

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.

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.

Rupeek ad

Gold Loan Calculator

Frequently asked questions

How do I know if the executive is authentic while applying for an online gold loan?

The safety and the security of the borrower is one of the primary concerns of Rupeek. They make sure that the personal details and the asset of the borrower remain safe and secure with the lender. The borrowers can make sure that the executive sent to your doorstep to evaluate your gold and to verify your documents is authentic by the following ways:

  1. Identity proof – you can request the company representative who has come to your house to show their identity proof.
  2. Identity card – you can also ask the company official to show their identity card issued by Rupeek to prove that the person has indeed been sent by the company to validate your documents as well as your asset.
  3. In-app verification – Rupeek also takes extra measures to make sure that your asset doesn’t get misplaced/ stolen/ lost. As soon as the representative reaches your house, you will receive an OTP which the representative will have to enter on his app. The transaction can proceed only after the successful match of the OTP.

What are the documents that I need to submit while applying for a gold loan?

One of the main benefits of a gold loan is the minimum paperwork associated with it. The only documents that the borrower has to submit before the lender to sanction their loan are their identity proof and their address proof. Any of the documents in the long list of PAN Card, Aadhaar card, voter ID, passport, driving license, etc can function as their identity proof. Except for the PAN card and the voter ID, any of the mentioned documents can also be used as their address proof. It is also possible to get a gold loan with just an Aadhaar card. On the other hand, when getting an unsecured loan, the required documents are numerous.
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