If you’re considering taking out a gold loan and are contemplating Rupeek Gold Loan, then it’s essential to read this post in its entirety. By doing so, you will learn about the Rupeek Gold Loan phone number and gain a better understanding of what the loan entails.
What is Rupeek Gold Loan?
Rupeek Gold Loan is a type of loan product offered by Rupeek Fintech Private Limited, an Indian financial technology company. This loan is secured against gold jewelry or ornaments that are pledged as collateral. The loan amount is based on the value of the gold pledged and the borrower’s creditworthiness.
Rupeek Gold Loan is a quick and hassle-free loan option as it does not require extensive documentation, credit score checks, or lengthy approval processes. The gold jewelry is appraised by the company’s trained professionals and a loan amount is sanctioned based on its current market value.
The loan can be used for various purposes such as paying for medical emergencies, education expenses, wedding expenses, or any other financial need. The loan repayment is usually made in easy installments, and the tenure can range from a few months to a few years.
Rupeek Gold Loan is becoming increasingly popular in India as it provides quick access to funds without the need for a good credit score or extensive paperwork. The loan is a good option for individuals who need short-term funds and have gold jewelry or ornaments that they can pledge as collateral.
Rupeek Gold Loan Phone Number
Rupeek Customer Care Number is 1800 419 8000.
Rupeek Gold Loan Phone Number 1800 419 8000
Rupeek Gold Loan Email address –Â [email protected]
However, you can find the Rupeek Gold Loan phone number on their official website or by conducting a simple online search. Once you locate the phone number, you can contact their customer support team to inquire about the loan product, eligibility criteria, interest rates, loan repayment options, and any other related queries that you may have. It is always advisable to gather as much information as possible before applying for a loan, to make an informed decision that aligns with your financial goals and capabilities.
Rupeek Gold Loan term and Conditions
Rupeek Gold Loan has several terms and conditions that a borrower needs to understand before applying for the loan. Here are some of the important terms and conditions of Rupeek Gold Loan:
- Eligibility Criteria: To be eligible for Rupeek Gold Loan, the borrower must be an Indian citizen and the gold that is being pledged as collateral must be owned by the borrower or their family.
- Loan Amount: The loan amount that can be availed through Rupeek Gold Loan depends on the value of the gold being pledged and the borrower’s creditworthiness. The loan amount can range from a few thousand to several lakhs of rupees.
- Repayment: The loan repayment is usually made in monthly installments. The borrower can choose the tenure of the loan, which can range from a few months to a few years.
- Interest Rates: The interest rates of Rupeek Gold Loan vary based on the loan amount, tenure, and the borrower’s creditworthiness. The interest rates are usually lower compared to other unsecured loans.
- Gold Security: The gold that is being pledged as collateral is stored in a secure vault and is insured against any damage or loss.
- Processing Fee: A nominal processing fee is charged by the company for processing the loan application. This fee may vary depending on the loan amount and other factors.
- Prepayment Charges: If the borrower chooses to repay the loan before the end of the tenure, prepayment charges may be applicable.
In conclusion, Rupeek Gold Loan has several terms and conditions that a borrower needs to understand before applying for the loan. It is essential to read and understand the terms and conditions carefully to make an informed decision that aligns with your financial goals and capabilities.
Rupeek Gold Loan Interest Rate
Rupeek Gold Loan interest rates can vary based on several factors such as the loan amount, tenure, and the borrower’s creditworthiness. The interest rates for Rupeek Gold Loan are generally lower than those of other unsecured loans as gold is pledged as collateral. As of my knowledge cutoff in September 2021, the interest rate for Rupeek Gold Loan typically starts from 0.79% per month. However, it’s important to note that interest rates are subject to change and borrowers are advised to check the current interest rates before applying for a loan. Additionally, the final interest rate offered by the lender will depend on the borrower’s individual circumstances, so it’s advisable to contact the lender directly to discuss the applicable interest rates for your specific loan.
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