Take Gold Loan to Meet Financial Obligations


Posted January 6, 2021 by rupeekfintech

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Financial obligations can occur any time and sometimes without a warning. At such times when you are unable to find any other source to fund your financial need, you can rely on Rupeek to provide you with gold loan.

Are you wondering what is gold loan? Gold loan is a loan provided by certain genuine and approved companies against the gold that you have. Indians have always had a liking for gold jewelry not only for its use for adorning but also for its intrinsic value. They have believed that even in the direst of situations, gold can be their savior and that is what Rupeek is here to prove.

What is Gold Loan?

Gold as a metal has always been the favorite of all because it has high intrinsic value. Over the years, its value has seen a high upward trend. It is this appreciation of the metal over the years that its importance has never faded. People, individuals and families try to preserve their gold jewelry for as long as they can to feel safe. They know that they can always fulfill their requirements of funds by pledging the gold that they have.

Gold loan is the loan that is offered by approved companies against your gold. You might be having gold in the form of jewelry in your home but this gold is not useful to fulfill the financial obligation otherwise. Therefore, you can use this gold jewelry otherwise lying in your locker to secure a short term loan.

Which Gold Loan is better?

Now that you know what gold loan is, the important question of ‘which gold loan is better?’ arises. There are only a handful of companies that are approved by the Reserve Bank of India to offer such loans. It is very essential that you thoroughly check the details of the company before pledging your gold with the company.

You must not be lured by low interest rates and too-good-to-be-true advertorials when securing the gold loan. You must first authenticate the company details, check out its policies, compare the interest rates, check the repayment options and go through all other details before finalizing a company for taking the gold loan.

Rupeek offers easy-to-secure gold loan options to customers across the board. Depending upon your requirement, you can secure a loan from the company within a short span of time, usually 30 minutes to 60 minutes. This is probably the quickest way of securing loan right from the comfort of your home. The loan managers are well equipped to assess and evaluate the value of the gold. Once all the formalities are complete and approved, the loan amount is transferred to your bank account. Likewise, when it is time to disburse the gold jewelry that had been pledged with the company, we send our managers to close the loan account and return the jewelry.

So, now when you require gold loan, you know which is better.

Contact Information:

Address: Plot 45/B, Subham Complex, 1st A Main, Ground Floor
Front Wing B, Sarakki Industrial Layout, JP Nagar Phase III
Bangalore 560078

Telephone: 080 6818 6818

Website: https://rupeek.com
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Issued By Rupeek Fintech Pvt Ltd.
Country India
Categories Finance
Tags gold loan eligibility , gold loan for farmers , gold loan interest , gold loan interest rate
Last Updated January 6, 2021