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

Online Loan in Ahmedabad
online-loan-in-Ahmedabad

Online loans in Ahmedabad

The Manchester of India, Ahmedabad is the judicial capital and the largest city of Gujarat. This city is the centre of education, business, arts, history, IT sectors and others. 

Ahmedabad is also home to The Sabarmati Ashram from where India’s freedom movement got a new direction. Some of the other popular tourist attractions of this city are the Adalaj Stepwell, Kankaria Lake, and Jama Masjid. 

Moreover, the Sardar Ballavbhai Patel International Airport connects Ahmedabad with all major Middle East and European countries. The metro services, good public transit system, and the booming retail growth make this city one of the best places to reside. Every year, students, migrant workers and people from varied professional backgrounds flock to this city for an improved standard of living. 

Simultaneously, the cost of living is also skyrocketing with each passing day. Therefore, it often becomes difficult to attend to unplanned expenses or meet large-ticket costs. Gujaratis in Ahmedabad can opt for an online loan to address such financial concerns. 

An Overview Of Online Loans

Online loans can be divided into two different segments – unsecured and secured. 

  1. Unsecured Loans 

Personal loan, business loans, etc., come under this segment. However, being unsecured in nature, these products are considered as high-risk credit, and, thus, lenders take extra precautions before sanctioning the loan. For instance, individuals who want to avail online business loan Ahmedabad need to submit their proof ownership, future business plans and estimated turnover. Applicants must also have a CIBIL score higher than 750 and meet the minimum monthly income yardstick to be eligible.

  1. Secured Gold Loan 

In case of secured credits, like a gold loan, people can avoid these hassles and enjoy a simplified fast loan in Ahmedabad. That’s because lenders face a lower risk in the case of a secured loan.

Nevertheless, individuals ought to compare an online gold loan and other online loans on general points and assess what proves to be beneficial for them before they apply for any of the personal-finance options. 

A Comparative Study Of Gold Loan And Other Online Loan

The following table presents some essential points that prospective borrowers should keep in mind to make an informed choice. 

SL No.

Specifications

Online Gold Loan

Other Online Loans

1.

Loan Value

Up to Rs. 1.5 crores

Up to Rs. 50 lakhs

2.

Interest Rate

Low

High

3.

Eligibility

Simple

Stringent

4.

Documentation

KYC documents, rent agreement, etc.

· KYC documents

· Financial documents

· Professional documents

· Lender-specific additional documents

5.

Credit Score

Not Required

750 and above

An online gold loan offers nearly all the benefits of an unsecured loan without any of the ensuing disadvantages. Borrowers can further enhance their convenience by opting for Rupeek.

Rupeek: One-Stop Gold Loan Solution

Following are some of the critical features of Rupeek gold loan that you can choose while looking for instant online loan Ahmedabad

  • Service At Doorstep 

Applying for our gold loan online, individuals can leverage the benefits of doorstep services. They only have to apply for a Rupeek gold loan with mobile number and our representative will get in touch with you instantly. 

Within 30 minutes, our loan manager will reach borrower’s place and initiate loan processing. It starts with the gold appraisal, followed by KYC verification and approval and disbursal. The entire process gets done within 60 minutes. Thus, people who need instant cash loan in 1 hour in Ahmedabad can contact us to get their required fund. 

  • Substantial Loan Value

Rupeek allows individuals to avail up to Rs. 1.5 crores against gold. In this regard, they also can take help of online gold loan calculator that estimates the gold quantity that one needs to offer to be eligible for the required loan amount. 

Moreover, while most online loans get rejected due to bad credit score, we offer a loan against gold without asking for any such score at all. 

  • Competitive Interest Rates

Another reason people choose Rupeek over other online loan is due to the low interest rates. Our gold loan interest rate starts from 0.79% per month. It ensures people can apply for an immediate cash loan in Ahmedabad without saddling their finances. 

  • Repayment Flexibility 

When it comes to repaying the loan, Rupeek provides enough flexibility as we have repayment schemes tailor-made for borrowers with diverse financial capacities. Either they can repay the loan on a monthly basis or pay instalments whenever during the tenure. 

  • Multipurpose

Using funds from Rupeek, one can finance several expenses without any restriction. Following are some of the purposes that one uses this personal financing option for. 

  • Paying expensive medical bills 
  • Setting up a new business or expanding one.
  • Debt consolidation
  • Funding luxury vacation
  • Financing wedding expenses
  • Pursuing higher education 

One can use this gold online fund for other reasons as well as per the requirement. 

  • Improved Gold Security 

Rupeek ensures guaranteed security of the pledged gold articles by storing them in the nearest partner bank’s vault. The gold is also carried to and from borrower’s home in a GPS-traceable bag. 

Moreover, the personal details of the borrowers are also stored using the industry best technologies and 256-bit encryption. It allows them to avail instant online gold loan at their doorstep without thinking about any possible threat. 

  • Overdraft Facility

Besides these advantages, Rupeek also let existing customers avail short term loan in Ahmedabad through an overdraft facility called Rupeek Quick. By opting for this facility, borrowers can get a credit line against their gold and withdraw funds from it anytime.

Since the fund is approved, especially for current Rupeek customers, they can get this instant loan without documents. Moreover, we levy interest on the amount spent that further facilitates reduced interest payment

  • Savings On Loan Transfer

Existing gold loan borrowers can also consider a loan transfer to Rupeek for servicing the outstanding dues at a lower interest rate. Individuals can save up to Rs.12377/lakh on interest by transferring their current gold loan to us. Moreover, they also can enjoy all other facilities that are exclusive to Rupeek customers, like gold overdraft facility. 

People can apply for an instant online loan Ahmedabad from Rupeek anywhere from the following places. 

Rupeek Ahmedabad Area List

  1. Asarwa
  2. Chandkheda
  3. Navrangpura
  4. Maninagar
  5. Khadia
  6. Sabarmati
  7. Bapunagar
  8. Manek chowk
  9. Lal Darwaza
  10. Naroda
  11. Satellite Road
  12. Bopal
  13. CTM char rasta
  14. Vastrapur

If you are struggling to cope up with the rising living costs of Ahmedabad or planning for a big-ticket purchase, get instant funds against gold from Rupeek today.

Rupeek ad
Benefits of Gold Loan over online loans.
  • <1 lakh
  • 2 lakh
  • 3 lakh
  • 5 lakh
  • 10 lakh
  • 20 lakh
Comparision Parameters Other online loans Online Gold loan
Interest Rate 2.39% 0.79%
Monthly Interest Amount
Eligibility & Documentation More Documents Needed Only KYC Needed
Processing Time & Disbursement 2 days to 1 week Within a day
Required Gold Weight -
Rupeek ad

Frequently asked questions

  1. How to repay Rupeek gold online loan?

First, you need to enter your mobile number to log in to your Rupeek account. Authenticate yourself with an OTP and navigate to the “Repay Your Loan” tab. Choose the repayment scheme and payment option to complete the process. 

  1. How to be eligible for Rupeek’s online loan?

You only have to pledge gold articles of quality 18 carats or above and present KYC and a few additional documents to be eligible for Rupeek online loan

  1. What is Rupeek’s online loan LTV?

Rupeek offers an LTV of up to 80% so that you can get the maximum value against your gold ornaments. 

  1. How can I re-pledge Rupeek online loan?

You can contact our customer support team if you wish to re-pledge the gold ornaments.

  1. How much rebate can I get from Rupeek online loan?

The amount of rebate depends on the frequency of repayment. You will be eligible for a higher refund when you pay more frequently. 

  1. Do I have to insure the gold articles before borrowing an online loan?

No, you do not have to insure your gold articles as we provide complimentary insurance for each gold item pledged. 

  1. What is the lowest online loan I can get from Rupeek?

You can get a minimum of Rs. 15000 as an online loan against gold from Rupeek.

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