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 covid19 FAQ page
Also referred to as national capital territory, Delhi is a large metropolitan area located in the northern part of India. It is one of the most important cultural and commercial hubs of India. The city lies on the western bank of the Yamuna River and is flanked by the state of Uttar Pradesh on the east and Haryana on the north, west and south.
The city attracts a large number of tourists every year as it serves as the epitome of Indo-Mughal architecture. It is home to numerous historical sites such as the Red Fort, Qutub Minar and India Gate. Moreover, Delhi is also famous for having some of the leading management and engineering colleges like the Indian Institute of Foreign Trade and the Indian Institute of Technology (Delhi).
Due to the economic uncertainties, financing your child’s education or raising funds for your business can be extremely challenging. People in need of substantial funds can, therefore, opt for a loan against property in Delhi to meet various financial requirements.
A loan against property is a secured loan that you can avail by keeping an immovable asset (commercial or residential property) as collateral. A loan against property has the following features
All applicants must ensure that the following documents are in place before applying for a loan against property in Delhi. The loan amount will be sanctioned only after the successful verification of the following documents:
This requirement tends to vary from one financial institution to the other. So, apart from the documents mentioned above, self-employed applicants might be required to provide additional papers.
As we can see, the application procedure of a loan against property in Delhi involves rigorous documentation. If you require funds urgently, it can be extremely difficult to produce a long list of documents. Moreover, disbursal of such loans can take more than 3 days. Hence, it’s not an ideal option when you need to raise funds within a short span.
And if putting financial obligations on hold is not an option, people can turn to a gold loan offered by Rupeek to meet those efficiently.
A gold loan is a secured advance that borrowers get from lenders by pledging their gold ornaments. Given below is tabular representation highlighting the differences between a gold loan from Rupeek and a conventional loan against property in Delhi:
Point Of Difference |
Loan Against Property |
Gold Loan |
Age |
Depends on the lender, but usually, financiers prefer applicants above 23 years. |
An applicant needs to be 18 years old to apply for a gold loan with us. |
Disbursal Time |
Disbursal of the loan amount can take more than 3 working days. |
If you avail a gold-backed loan with us, your loan amount is disbursed immediately after the gold valuation and KYC process. |
Documentation |
The documentation process for availing a conventional loan against property can be exhausting. It involves rigorous checks and verification. You cannot apply for a gold-backed loan against property without income proof in Delhi |
Applicants are required to submit only KYC documents and address proof. No financial documents are required to apply for a gold loan. |
Interest Rate |
Loan against property interest rates in Delhi depends on the policies of the financial institutions. It usually varies between 9.6% and 11.5%. |
We offer loans at the cheapest interest rates starting from 0.79% p.m. |
Along with these advantages over a loan against property, we also bring a host of exclusive benefits that helps us stand out from other gold loan providers in Delhi.
Here are some of the benefits of a gold loan in Delhi offered by Rupeek:
In addition to these facilities, we also offer the most user-friendly gold loan calculator. By using this feature, you can calculate the quantity of gold you would require to get the loan amount. You have to enter the loan amount and choose the purity of your gold, and the required amount of gold in grams will be displayed on the screen.
But, the benefits don’t just end here. Avail our services within just 30 minutes from anywhere in Delhi, kudos to our city-wide presence.
You can avail our doorstep loan facility if you’re residing in the following areas:
Your pursuit of the best ‘loan against property provider near me’ ends here with us. Financing your marriage expenses or raising funds for your business has never been easier. Apply for a gold loan via our app, and our trained executive will arrive at your location. He’ll complete the necessary formalities before the loan disbursal. If you have any query, don’t hesitate to get in touch with us.
Loan Amount
Tenure
Interest Rate
Edit
Gold Weight
Gold Purity
Tenure
Edit
The minimum amount of loan we offer is Rs 15,000; whereas, the maximum amount of loan you can avail is Rs 1.5 crore.
As per the guidelines provided by RBI, the tenure of a loan against property can be up to 20 years. The loan tenure varies from one financial institution to the other.
No, you can get a gold loan by only pledging gold ornaments. Our lending partners do not accept other gold items such as bars or coins. Please note that the purity of the gold ornaments should be above 18 carats.
Lenders offer a loan against property up to Rs.5 crores. However, it depends on several factors like the built-up area of the property, type, location, saleable value, etc.
We transport your gold to the bank branches in a sealed bag with a GPS tracker. Upon arrival at the branch, your gold ornaments are stored in bank lockers under military-grade security and surveillance. We also provide 100% door to door insurance against theft and accidents.
Yes, you have the option of increasing the loan amount by pledging additional gold ornaments. The loan amount sanctioned to you will be based on the current market value of your gold.
Your request has been received, our customer relationship manager has been notified and will call you shortly