logo
logo
Sign in

Apply for a Gold Loan in Easy Steps Online

avatar
Rupeek Fintech Pvt Ltd.
Apply for a Gold Loan in Easy Steps Online

Gold Loan is a Secured Loan

As the name suggests, gold loan is the term used for the loan that you can get against your gold articles be it jewelry, gold coins or anything else. Several gold loan companies and leading banks provide gold loan. As gold loan is a secure loan, the rate of interest is lower than other kinds of loans.

Gold loan is a far better option than other kinds of loans as the documentation process is swift and simple. Salaried people, business men, senior citizens, housewives can all avail gold loan as it does not ask for any income proof and most gold loan companies don’t ask for a processing fee. You will have to provide your basic KYC documents to avail this loan.

Therefore, if you are in sudden need of finance, utilize the gold sitting in your locker to get a gold loan at an affordable interest rate from a leading gold loan company. As soon as you repay your loan, you will get your gold back. Also, the gold loan company will be responsible for the security of your gold and will provide you with 100% insurance cover.

Normally, you need to go to a bank or a gold loan company with your gold articles for their evaluation in order to get a loan. However now you can easily avail a gold loan from the ease of your home by applying for it online on a leading gold loan website.

Calculate your Gold Loan and Interest Online

Gold loan companies have user friendly calculators on their websites, where you can calculate the approximate gold loan considering factors like gold weight, purity and the average price of gold in your city. If you reside in Mumbai, you can check gold rate in Mumbai on the website, which will help you calculate approximate amount of loan that you can avail against your gold. You can easily and quickly compare and check eligibility online to get the least interest rate as well as the best gold loan rate.

You can also get an approximate idea about your gold loan EMI by calculating your loan amount eligibility along with the interest rate and tenure of the gold loan. Gold loan companies offer a large range of gold loan scheme with low interest rates and flexible repayment options, which you can choose according to your convenience.

While checking for gold rate in any other city look for a reliable website. Using their online calculators is much better than manual calculations as there are higher chances of mistakes. Look for online gold loan companies that can provide you with at-home service to save your time. They should provide you with a gold loan process that is easy to understand and does not ask for any hidden charges.  

To know the gold rate in any city, you can check out Rupeek, a prominent online gold loan company, backed by the most secure and leading banks in the country. Rupeek is an established Bangalore based company that offers gold loans at attractive repayment options.

collect
0
avatar
Rupeek Fintech Pvt Ltd.
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more