Online Gold Loan : Rupeek

Rupeek

About this app

Avail online gold loan with a trusted gold loan company. With over 5 lakh happy customers and the lowest interest rates at 0.74% per month* (8.88% p.a.), we ensure that you are always in control of your finances! Our lending partners include top banks & NBFCs such as Federal Bank, ICICI Bank, South Indian Bank, Indian Bank & Rupeek Capital.

We are an online gold loan company that offers the lowest gold loan interest rate with the highest per gram rate! We are currently operational in 60+ cities including Bangalore, Delhi, Chennai, Hyderabad, Mumbai, Pune & we are expanding fast across India.

Rupeek online gold loan company offers features like free 30-minutes service**, No Hidden Charges, and customized gold loan solutions.

This makes loan against gold much simpler. Our partner bank branches are present every 3kms, helping to bring the best gold loan solutions near you.

Our simple 4 step gold loan process

Step 1: Apply for a loan. Apply on the app or give us a call at 1800 419 8000 to schedule an appointment.
Step 2: Get your gold valued at home or a bank branch of your choice, with minimal documentation.
Step 3: Get money transferred to you.
Step 4: Gold gets stored at a partner bank near you.

With Rupeek's easy to use App, you can

- Apply for a Fresh gold loan or request Loan Transfer
- Compare & Select schemes based on our gold loan interest calculator
- Schedule loan disbursal at a convenient time & place
- Simple dashboard to keep track of your active loans
- Make Easy Online Repayments
- Schedule Release (At home delivery by Next Working Day!)
- Instant access to Rupeek’s customer support
- Refer friends and get up to Rs 5000/- Referral Bonus

Our Lending Partners
1. Federal Bank: https://www.federalbank.co.in/lending-partners
2. South Indian Bank: https://www.southindianbank.com/UserFiles/PressRelease/Press_Release_SIB_partners_with_Rupeek_for_online_gold_loan_services.pdf
3. Rupeek Capital: https://rupeekcapital.com
4. Indian Bank : https://www.indianbank.in/wp-content/uploads/2019/03/Indian-Bank-rolls-out-a-bouquet-of-digital-products-as-a-partof-Project-WAVE.pdf
5. NDX P2P Pvt. Ltd (LiquiLoans): https://www.liquiloans.com/affiliates
6.Cholamandalam Investment And Finance Company Limited : https://www.cholamandalam.com/contact-us/lending-partners

Product details:

1. Gold Loan amount ranges from ₹ 20,000 to as per requirement/eligibility
2. Loan duration: 180 days to 365 days
3. Annual Gold Loan Interest rates (APR, Min to Max) : 8.88% - 24.00%
4. Processing Fee (Min to Max) : 0%-1%
5. Foreclosure Fee- Nil

Note: We do not provide any pay-day loans or loans with less than 61 day repayment period in accordance with Google Policy.

Representative Example:

Representative Example: If the loan amount is ₹100,000 and a customer from Mumbai selects Rupeek Rebate High Value scheme with interest rate 8.88% per annum; & if the customer pays only the interest every 30 days for the next 180 days, then the overall calculated interest payable would be ₹4440 only. A processing fee may be charged & would be 0.29% (Inclusive GST) of the loan amount & the amount of this fee would be ₹290. So, Total cost of the loan would be (Principal + Interest + Processing Fee): ₹1,04,730. The customers get the convenience to pay the principal balance anytime within 180 days tenure.

These numbers are indicative and subject to change according to the gold loan rate per gram. The final interest rate of the loan amount may vary from one customer to other depending on his chosen interest repayment pattern.

For complaints, write to [e-mail]

* T&C Apply. Available only in select geographies
** Indicative time measured for a loan of Rs 50,000 carried under controlled conditions. Subject to the necessary KYC and verification. T&C apply
Privacy Policy Link : https://rupeek.com/about/privacy

Ratings and reviews

Renewal is really a challenge. There is some issue with my account and reaching support seems to be difficult. Both are accounts are in red due to app issue moreover I will be penalized with increased interest rate. Also dont understand why each time u need to earn more by taking hefty renewable processing fee.

Payment done for closure of loan yesterday still not giving slot and saying we will alot you slot in next week. Fake commitment for next day delivery. Very high interest rate. To many hidden charges. For attracting customer they shows. Less interest for single month. But if you didnt pay in 30 days then i terest gett directly 2% per month. Huge INTEREST RATE and for every payment they charge convince fee.

They don't notify about the due date. Due to this even if you forget/miss to pay on time for one month the interest rate gets doubled which is kind of very worst experience for any customer. There is no way to setup auto pay to get rid of the issue. I suspect that they are doing it intentionally so that they can penalise customers who miss the due date.