Online Gold Loan : Rupeek - Loan Shark Review

Interest Rate	27%
Duration	From 14 Days
Access Level	Public
Company Name	Rupeek
Phone 1	+91 80 6895 1717
Phone 2
Website or Store	https://rupeek.com/
Address	1st A Main, Ground Floor, Wing B, Subham Complex Plot No. 45/B, Sarakki Industrial Layout, J P Nagar Bengaluru, Karnataka 560078 India
Category	Mild Loan
Company Email	support@rupeek.com
Views	675

About Online Gold Loan : Rupeek

Rupeek is a trusted gold loan company that has garnered the trust of over 5 lakh happy customers by offering the lowest interest rates starting from 0.74% per month* (8.88% p.a.). With prestigious lending partners like Federal Bank, ICICI Bank, South Indian Bank, Indian Bank, and Rupeek Capital, Rupeek ensures you remain in control of your finances.

Why Choose Rupeek?

1. Unbeatable Interest Rates: Rupeek offers the lowest gold loan interest rates with the highest per gram rate, making it a highly cost-effective choice for borrowers.

2. Broad Geographic Reach: Operational in 60+ cities including Bangalore, Delhi, Chennai, Hyderabad, Mumbai, and Pune, Rupeek is rapidly expanding to serve more customers across India.

3. Exceptional Service Features: Rupeek provides a range of impressive features such as free 30-minute service**, no hidden charges, and customized gold loan solutions. This convenience makes taking a loan against gold much simpler and accessible.

4. Proximity to Services: With partner bank branches present every 3 kms, Rupeek ensures that the best gold loan solutions are always within reach.

The Simple 4-Step Gold Loan Process

Step 1: Apply for a Loan Apply through the Rupeek app or call 1800 419 8000 to schedule an appointment.

Step 2: Gold Valuation Get your gold valued at your home or a bank branch of your choice with minimal documentation.

Step 3: Fund Transfer Upon approval, the money is transferred directly to your account.

Step 4: Secure Storage Your gold is stored securely at a nearby partner bank.

Enhanced App Features

With Rupeek's user-friendly app, you can:

Apply for a new gold loan or request a loan transfer.
Compare and select schemes using the gold loan interest calculator.
Schedule loan disbursal at a convenient time and place.
Use a simple dashboard to track active loans.
Make easy online repayments.
Schedule gold release with next working day home delivery.
Instantly access customer support.
Refer friends and earn up to ₹5,000/- as a referral bonus.

Our Lending Partners

Federal Bank: Federal Bank Lending Partners
South Indian Bank: South Indian Bank Partnership
Rupeek Capital: Rupeek Capital
Indian Bank: Indian Bank Digital Products
NDX P2P Pvt. Ltd (LiquiLoans): LiquiLoans Affiliates
Cholamandalam Investment And Finance Company Limited: Cholamandalam Lending Partners

Product Details

Loan Amount: ₹20,000 to as per requirement/eligibility
Loan Duration: 180 days to 365 days
Annual Gold Loan Interest Rates (APR): 8.88% - 24.00%
Processing Fee: 0% - 1%
Foreclosure Fee: Nil

(Note: Rupeek does not provide pay-day loans or loans with less than a 61-day repayment period in compliance with Google Policy.)

Representative Example

For a loan amount of ₹100,000, if a customer from Mumbai selects the Rupeek Rebate High Value scheme with an interest rate of 8.88% per annum and pays only the interest every 30 days for the next 180 days, the overall interest payable would be ₹4,440. A processing fee of 0.29% (inclusive of GST) of the loan amount would be ₹290. Therefore, the total cost of the loan would be:

Principal+Interest+Processing Fee=₹100,000+₹4,440+₹290=₹104,730\text{Principal} + \text{Interest} + \text{Processing Fee} = ₹100,000 + ₹4,440 + ₹290 = ₹104,730

The customer can pay the principal balance anytime within the 180-day tenure.

*These figures are indicative and subject to change based on the gold loan rate per gram. The final interest rate may vary depending on the customer's chosen interest repayment pattern.

Conclusion

Rupeek offers a seamless, reliable, and efficient solution for anyone looking to avail of a gold loan. With its lowest interest rates, wide geographic presence, and comprehensive digital platform, Rupeek makes managing finances simpler and more accessible. Download the Rupeek app today and take control of your financial future with ease and confidence.

For any complaints, write to care@rupeek.com.

Privacy Policy: Rupeek Privacy Policy

*Terms and conditions apply. Available only in select geographies. **Indicative time measured for a loan of ₹50,000 carried under controlled conditions. Subject to necessary KYC and verification. Terms and conditions apply.

FAQ

Can loan apps post my pictures on social media?

You should not worry about loan apps threatening to post your picture on social media. If you check their accounts, you’ll notice most of them have fewer than 100 followers. This means they are mainly circulating your picture among themselves just to instill fear in you. Never pay a dime if any loan app posts your picture online; they are actually the ones owing you, not the other way around. Instead, report the account to the appropriate social media platform, and it will likely be closed down.

Can they auto-debit my account?

If you linked (bound) your ATM card during registration with a loan app, they can automatically debit your account. To prevent this, you should go to your bank, block the card, and request a new one.

For fully licensed Microfinance Banks that may use the Global Standing Instruction (GSI) or place a lien on your account, the safest option is to move your money to another bank account that has never been registered with loan apps. This will stop them from debiting your funds.

Can they come to my house or office to arrest me?

99% of loan apps cannot come to your house or office because most of them operate illegally and have no legal right to pursue you physically. Only fully licensed and approved Microfinance Banks with a registered office address and reputation as a legitimate financial institution can pay you a friendly visit, but never to arrest you.

Borrowing is a civil matter, not a criminal case. That means you cannot be arrested simply because you owe money. If any licensed microfinance bank tries to harass or threaten you, please contact us immediately—we will take the right steps to deal with them.

As for loan apps, they cannot legally come to your house or office to arrest you.

Can this loan app defame me?

Yes and No, a loan app can defame you, but it usually depends on where you downloaded the app from and what permissions you gave it.

If you downloaded the app outside the Play Store or App Store (for example, from a direct link or third-party site), it’s very likely the app will misuse your information. Many of those apps are not properly regulated.
How they access your contacts:

Loan apps need Contact permission to copy your phone contacts.
They also sometimes request Call log permission, which allows them to see your dialed, received, and missed calls—but not your full contact list.

If you used the app before 2023:

Before 2023, many loan apps could freely access contacts because the rules were not strict.
From 2023 onward, Google Play Store and Apple App Store introduced policies that restrict apps from accessing contacts and call logs unless it’s absolutely necessary.

How do I get rid of their daily messages and calls?

To stop their frequent calls, you can install Truecaller, upgrade to Premium, and use the Block Spam Calls feature. This will automatically filter out most unwanted numbers. (Check the video below for step-by-step details.)

For WhatsApp calls and messages, fight back smartly: never listen to their voice notes or read their messages. Instead, use the response strategy in the link below to reply safely. When you push back confidently, scammers usually give up and flee.

https://loansharkreview.com/MessageTemplate

Will this loan apps report me to the Credit Bureau?

In most cases, 90% of loan apps cannot report you to the Credit Bureau. This is because many of them are not licensed financial institutions or they charge exorbitant interest rates that violate government policies.

However, fully licensed and approved microfinance banks can report you to the Credit Bureau. Even when they do, they usually report only the actual amount you borrowed and the original agreed interest — not the inflated charges or penalties. If you notice incorrect information in your credit report, you have the right to contest it with the Credit Bureau and request correction.