Features
- Faster Disbursement TAT Loan in Just 30 Minutes
- Highest LTV
- Convenient Doorstep Disbursement
- Part Release Facility
- No Hassle of Renewal Again and Again
- One Time Renewal in an Year
- No Processing Fee
- No Renewal Charges
Pricing
- Interest rate - - starting from 0.83% PM
- Loan Tenure - 3 months, 6 months, 12 months
- Gold Quality Criteria - 18 Karat & Above
Documents Required
- Only Aadhar
- PAN Card: Required only Loan above 2 Lakh
- Form 60: Required only if PAN Card Not Available
- ITR: Gold Loan above 50 Lakh
RupTok Gold Loan
RupTok is a fintech company that delivers gold loans at the doorsteps of customers. Ruptok is technologically advanced and this allows them to provide loans quickly. Loans get disbursed within 30 minutes. The low operating costs enable these gold loans to come with low interest rates. Let us now look into the details of RupTok Gold Loans.Key Highlights of The RupTok Gold Loan
- Low interest rates with monthly interest rates starting at 0.83%
- Highest per gram rate
- Flexible and customized repayment options
- Complete doorstep solution
- Loans up to 75% of the value of your gold.
- Simple procedure for getting a gold loan
- Minimal documentation
- Instant disbursal
- Loan renewal if you want to extend the period of repayment
- No credit history or evidence of income required
- 100% insurance coverage for all ornaments in all the gold lending schemes
RupTok Gold Loan Schemes
Rate of Interest | Monthly Repayment Amount | Loan Tenure | Required Net Gold (22k) |
|---|---|---|---|
1.50% per month | Rs. 7500 | 6 months | Rs. 132.56 |
1.58% per month | Rs. 7900 | 12 months | Rs. 140.85 |
1.00% per month | Rs. 5000 | 6 months | Rs. 140.85 |
1.00% per month | Rs. 5000 | 12 months | Rs. 140.85 |
1.58% per month | Rs. 7900 | 12 months | Rs. 140.85 |
1.58% per month | Rs. 7900 | 12 months | Rs. 142.86 |
1.25% per month | Rs. 6250 | 12 months | Rs. 142.86 |
1.00% per month | Rs. 5000 | 12 months | Rs. 142.86 |
1.00% per month | Rs. 5000 | 6 months | Rs. 144.93 |
1.25% per month | Rs. 6250 | 6 months | Rs. 144.93 |
1.25% per month | Rs. 6250 | 12 months | Rs. 147.06 |
1.00% per month | Rs. 5000 | 12 months | Rs. 147.06 |
1.00% per month | Rs. 5000 | 12 months | Rs. 147.06 |
How to Choose The Best RupTok Gold Loan Scheme?
- You can use the gold loan calculator to enter the loan amount you require, the weight, and the purity of the gold you already have.
- When you enter the gold loan amount, you can see a list of gold loan options.
- Depending on your preferred interest rate, per gram price, and frequency of payments (monthly or all at once). The weight and purity requirements of these gold loan programmes will also be listed.
- You can determine the gold loan amount that is accessible if you choose the gold weight and purity.
- RupTok then validates the gold loan amount, purity and weight in front of you.
- The true value of gold is finalized by using a device that will identify stones or non gold.
- You can get the maximum value per gram of gold in the Max Value + gold loan plan, which yields the highest per gram rate.
Documents Required To Apply For The Ruptok Gold Loan
- Aadhaar card
- Separate identity proof
- Proof of address
- Recent passport-sized pictures
How to Apply For The RupTok Gold Loan?
1. Via CreditMantri
- On the gold loan page, choose RupTok Gold Loan
- Click check eligibility
- You will be redirected to the application page
- Enter basic details such as registered mobile number, loan amount required, type of loan etc.
- Click submit
- An OTP will be sent to your registered mobile
- Enter the OTP for verification.
- Proceed with the rest of the application
2. Via The Official Website of RupTok
- Go to the official website of RupTok
- Click “Apply Now”
- The application dialog box opens.
- Enter the details like name, mobile number, city name
- Click Submit
3. Offline
by contacting Ruptok at +91-9513319778What Is The Post Application Process?
After submitting the application online, book a free appointment with the Ruptok loan manager at your doorstep. Get the gold assessed at your doorstep and get instant disbursement. Your gold is completely secure and stored in the partnered bank branch. You can pay your EMI directly through the Ruptok mobile App.
Conclusion
RupTok makes the process of getting gold loans easier. They give affordable gold loans. They do relationship based customer service and bring the gold loan to your doorstep. So, apply for a RupTok gold loan and experience the advantages.
FAQs of RupTok Gold Loan
1. Is it possible to get an interest free gold loan?
Yes, it is possible to get an interest free gold loan. However, it is rare. The nature of such a loan can also be considered as a mortgage.
2. Is a gold loan better than a personal loan?
A gold loan has a lower interest rate than a personal loan. This is because gold loans are secured and personal loans are unsecured. The interest rate on a gold loan starts at 7.60% and the interest rate on a personal loan is 10.49%.
3. How is the gold price computed?
The value of gold in the sample = Weight of Gold x Purity of Gold x Rate of Gold Today / 24 (As per carat purity).
Value of Gold in the sample = Weight of Gold x Purity of Gold x Rate of Gold today/100.