Online Loan in Howrah

Online Loan in Howrah

Howrah, a major city in West Bengal, is located at the western banks of Hoogly River. Home to eminent relics of British era and Nawabs, the architectural brilliance attracts tourists every year.

Renowned as the transportation hub of West Bengal, Howrah’s road and rail networks make it an excellent location for residents as well as businesses to set up base. Over the years, Howrah’s living costs have also surged owing to this factor. To keep up with these rising standards, individuals can opt for an online loan in Howrah.

What Are The Variables Of Online Loan?

Technology has been advancing regularly to facilitate the ease of living. From grocery shopping to paying electricity bills, everything is possible online today. Online Cash Loans are a product of this advancement, which assists a borrower from loan application to disbursal without visiting financial institutions.

Online loan forms can be flexible in terms of collateral, i.e. secured and unsecured. During an emergency, individuals opt for unsecured online loans generally, which seem convenient at first. But, one should note the limitations of this personal financing facility prudently before choosing one.

These loans come with specific shortcomings, like stringent eligibility criteria and high interest rates. Apart from that, the documentation process can be overwhelming in times of an emergency.

In these situations, opting for an online gold loan can be a better alternative.

What Makes Online Gold Loan Worthy?

Wondering what makes a gold loan in Howrah worthy of your consideration? Here are some reasons:

  • Accessing a gold loan is comparatively more straightforward as lenders do not check credit score or the person’s income stability.
  • One only needs to submit KYC documents, which make the processing much faster. Hence, this option is far more convenient for addressing emergencies.
  • Cost of borrowing is usually lower.

There may be lender-specific benefits as well borrowers must check when searching for ‘gold-backed online loan providers near me’. For instance, with Rupeek, customers can enjoy complete flexibility of repayment and enjoy an LTV as high as 80%. These are not the only reasons to opt for Rupeek’s instant cash loan in Howrah.

Why Choose Rupeek As An Online Gold Loan Lender?

Here are some of the reasons that make Rupeek a suitable gold loan lender. Check them out!

  • Doorstep Service

 Borrowers can get an online loan from Rupeek at their doorstep. Our loan manager can get to the borrower’s residence within just 30 minutes; ensuring applicants can get an instant cash loan in 1 hour in Howrah.

  • Significant Loan Value

We allow individuals to avail up to Rs. 1.5 crores by pledging gold of equal quantity. You can also check our online gold loan calculator to estimate the amount of gold to be pledged to avail the desired sum.

  • Flexible Eligibility

Traditional online loans in Howrah ask for a 750+ credit score. We offer the loan against gold without such stringency.  You are free to avail a loan from us if you are 18 years and above.

  • Modest Interest Rate

Another reason people choose Rupeek over other online loans is our low-interest rate. Our gold loan interest rate starts from 0.49% per month.

  • Repayment Flexibility 

Rupeek provides you with the feature to choose repayment schemes based on your financial capacity. You can repay the loan amount any time within the tenure or choose to pay EMIs.

  • Overdraft Facility against Gold

We also offer an overdraft facility, known as Rupeek Quick, to existing customers. They can avail a credit line through Rupeek Quick by pledging more gold. What’s more, interest is calculated on the expended sum only.

The Localities To Check For Rupeek In Howrah

If you are searching for online business loan Howrah or any other purpose, here is the list of localities where we operate:

  • Tentulkuli
  • Mahiari
  • Bandel
  • Karia
  • Kalara
  • Bankra
  • Chakpara
  • Alampur
  • Argari
  • Eksara
  • South Dum Dum
  • Titagarh
  • Kanchrapara
  • North Barrackpur

Smart financing is imperative to maintain substantial savings and ensure a robust financial footing. With the aforesaid features of Rupeek’s quick loan in Howrah, this becomes possible.

So, plan your savings better by applying for our online gold loan today!

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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% 0.49%
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 -
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Frequently asked questions

  1. Can I transfer my online gold loan in Howrah to Rupeek?

Yes, you can transfer your current gold loan to Rupeek and save up to Rs. 12377/lakh. You have to share the pledge card with Rupeek’s gold loan manager, and he/she will guide you through the remaining process.

  1. Is my pledged gold for an online loan stored in Howrah?

The gold submitted by you is kept in a bank vault five kilometres from your home. You can track whether the ornaments reach the right destination in real time as well.

  1. Where can I find Rupeek’s online gold loan app?

You can find Rupeek’s official app in Google Playstore.

  1. Where can I see my online gold loan details on Rupeek’s application?

You can find the loan amount, gold weightage, submission date, interest payable and other online gold loan-related details by logging into your Rupeek account via our app or website.

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