You just need to log on to www.gullakh.com and start your application by clicking “Request For Quote”. You can also login using your smartphone as Gullakh is fully mobile responsive.
Gullakh is a dynamic platform where Loan terms being offered to you keep getting better in real time. Also for us, you are not a just a Lead on a spreadsheet to be sold to multiple lenders. Your contact information is kept hidden until the time you choose a lender. So you enjoy anonymity while the banks sweat it out to give you the best offer.
Reverse Auction at Gullakh.com is an obligation and costs FREE, for all.
No commitments are taken from you. Our aim is to make you save money, by getting you the lowest rate and best terms of your loan. Take your time. Once you click ‘Declare Winner’, only the chosen lender will contact you. The final choice rests with you.
Once you have a request for quote in Reverse Auction at Gullakh.com, you will need to wait for a minimum of 30 days to use the platform again for the same kind of loan. However, if under special circumstances, you were unable to complete your loan application, please contact us at email@example.com. Gullakh shall review your case and based on the situation may get it organized again for you.
The information taken from you helps us get you the best rate on loans. After entering your basic details, including Pincode, occupation, salary, year of birth and PAN, we pull an Equifax credit score, on your behalf and share the score with the lenders. They’ll review your information and customize their bid to your needs and profile. Also, this Credit Score inquiry is a “soft inquiry” and does not impact your score.
Since we’re committed to getting the best interest on loans for the consumers, we only allow high creditworthy applicants to participate in Reverse Auction at Gullakh.com. Your Equifax Score should be above 650 to qualify for placing your application.
Banks pricing is based on the risk involved in the applicant. Applicants with high credit scores make the competition intense, thereby getting loans at cheaper rates.
No. When Gullakh pulls your credit score it is a soft inquiry. You get a copy of your Credit Report too. It will not affect your credit score and the inquiry will not be visible to any lender.
No. Once you have declared a winner by accepting the offer, you will be connected to the successful lender. They’ll contact you to arrange a formal loan application, which would result in a hard inquiry and pulling of your credit report.