Credit Card Loan in Bhopal

A loan taken against one's credit card's unused balance can prove to be highly beneficial because of the following reasons –

• No End-use Restriction

The borrower has full liberty to use their approved amount whichever way they want. This way, one can use their amount for multiple expenses at the same time.

• Instant Approval

These loans are pre-approved and require nominal documentation. Due to this, a credit card loan in Bhopal is approved within a few hours.

• Collateral Free

As these are a type of unsecured loan, lenders do not ask for collateral. Moreover, the hassle related to the documentation of collateral can also be avoided with these credit products.

• Straightforward Repayment

Borrowers need to repay their loan amount through monthly EMIs. The high interest rates, however, might make it seem like a burden on certain individuals.

Due to these advantageous features, it is becoming common for people to take a credit card loan for car, education, etc. These are also extremely popular due to their simple eligibility criteria as well.

A credit card owner only needs to fulfil the following requirements to be deemed eligible for a credit card loan.

1. A brilliant credit history.
2. Steady purchase and repayment practice.

Though these two requirements are seemingly straightforward, it is more than often seen that one cannot fulfil one and sometimes both of them. Moreover, this isn't the only factor that can make an otherwise perfect credit facility seem disadvantageous.

The loan amount is calculated through a credit card loan calculator, and it is hardly ever the full unused amount left in your credit card. Furthermore, most individuals do not have a high card limit, to begin with, making it of little to no use when one needs a substantial amount.

One in urgent need of money can alter their search from 'credit card loan provider near me' to 'gold loan providers'. Although gold loans require collateral, these do not come with hard-to-fulfil eligibility criteria, and even individuals without a credit history can get them. Besides, if you avail our gold-backed loan, the number of advantages increases tenfold, offering a lot more than just financial aid.

When you avail a gold loan from Rupeek, you get:

• Impressive Overdraft Facility

Borrowers can get an extended credit line by availing our overdraft facility called Rupeek Quick. They can withdraw any amount from their sanctioned principal and pay interest only on that.

• Vast Range Of Loan Amount

We offer a wide range of loan starting from Rs. 15,000 to Rs. 1.5 crores, so that our customers can borrow as much as they need. While a credit card loan limit Bhopal depends on how much amount is left unused in your card, our gold loan's principal depends on the amount of gold you can provide.

• Superlative Safety

After you pledge your gold to us, it becomes our responsibility to keep it safe and secure. Thus, every gold article that is pledged to us is kept inside a military-grade vault, ensuring optimal safety.

• Multiple Repayment Schemes

Unlike a credit card loan in Bhopal, we do not just have a fixed system of repayment. Instead, we offer two separate repayment schemes, that are monthly EMIs or payment systems like single bullet payment, interest pre-payment, etc.

Along with these, we also offer doorstep loan service, so that you can avail a loan at the comfort of your home. This eliminates the hassle of visiting a lending institution. We have our operations spread across Bhopal, providing financial aid to people in need.

At present we are providing our gold-backed loans to the following localities in Bhopal.

• Gandhi Nagar
• Govindpura
• Anand Nagar
• Arera Hills
• Bairagarh
• Bagh Swaniya
• Bhel Town
• Kolar Road
• Jahangirabad
• Vallabh Bhawan
• Chuna Bhatti
• Kohefiza

If you are a resident of any of these localities your gold loan in just a few clicks away. Their secured nature makes them a lot more reliable than a credit card loan in Bhopal, and low-interest rates make them easier to repay. Do not wait on your financial needs and apply for your Rupeek gold loan today!