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 Saroor Nagar

Located in the Ranga Reddy district in Hyderabad, Saroor Nagar serves as one of the biggest suburbs in the city. Saroor Nagar is famous for the pristine Saroor Nagar Lake which is spread over an expanse of 99 acres. It is a popular bird watching site in the city. It also bags the honour of housing one of the five biggest water bodies. Saroor Nagar falls under the jurisdictional purview of the Greater Hyderabad Municipal Corporation. Prominent hospitals in the area include Sri Siddheswara Hospital, Sri Venkateshwara Hospital, Aware Gleneagles Global Hospital, Vasudha Hospital, Sai Sanjeevani Hospital, and Sai Teja Hospital among others. Tourists often avail gold loans in Saroor Nagar to buy gold jewellery.

Gold Loans at the privacy of your home

lender banks
+91
Please enter valid Mobile Number

Documents required for an online gold loan

A gold loan is the perfect solution when a borrower is looking for urgent loans or emergency funds. With the help of an instant gold loan online, the borrower can receive the required funds in less than an hour. The borrower is eligible to get up to 75% of the market value of the pledged gold as the loan amount. Unlike many other sources of funds, an online gold loan requires minimum paperwork before giving the loan approval. The required documents are:

  1. Identity proof – any document such as voter ID, PAN Card, Aadhaar Card, Passport, or driving license can act as the identity proof of the borrower.
  2. Address proof – the same documents as mentioned above, except for voter ID and PAN card can act as the address proof of the borrower.

Some lenders also approve the loan against just the Aadhaar Card of the borrower. The Aadhaar card is the most important document for an Indian, which has all the details regarding name, father’s and mother’s name, address, biometric information, iris scan, etc. Therefore, it can function as the identity proof as well as the address proof.

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

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

How do I make an interest payment?

Paying the interest on the gold loan in Hyderabad 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. 

What are the things to keep in mind when taking a gold loan?

For starters, gold loans come equipped with a variety of benefits as opposed to any other form of credit. The reason lenders can afford to offer so many added benefits to borrowers of gold loans is because of the collateral pledged against the loan. Some of the stark difference between gold loans and other loans are: 

1) Gold loans have much lower interest rates 

2) Gold loans don't require as much documentation as to any other form of credit. Some lenders even approve gold loans with just the Aadhar Card for verification. 

3) Though other forms of credit require you to maintain a stellar credit history, gold loans can still be availed even with a poor credit score.

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