Credit Card Loan in Hyderabad

Credit Card Loan in Hyderabad

‘The City of Pearls’, Hyderabad is characteristic of profound historical legacy. A conglomeration of both south and north Indian culture is evident in its traditions, customs and architecture. Places like Golconda Fort, Charminar, and Chowmahalla Palace are testimonies of the glorious history of the ‘City of Nizams’. 

A report by global property consultant JLL has ranked Hyderabad as the most dynamic city globally. Living in a metropolis of this scale entails hefty expenses. Financially savvy individuals often resort to credit cards to address their financial concerns. In case of emergencies, they can also opt for a credit card loan in Hyderabad

However, before applying, they should have an idea about the benefits and features of this loan product.

Features Of A Credit Card Loan

A credit card is an excellent financial tool to pay bills, shop online and meet other day-to-day expenses. However, what surpasses all is the provision to opt for a personal loan against credit card.

Following are some of the exclusive features of loan on credit card Hyderabad.

  1. Just like personal finance, a credit card loan is also collateral-free and does not entail any pre-condition on usage.
  2. Individuals can repay the loan through EMIs.
  3. Cardholders can avail this loan to pay credit card outstanding.
  4. Loan is approved and disbursed instantly.
  5. No additional documentation is required.
  6. Individuals can transfer the outstanding credit card debt to another credit card and the pay off the dues conveniently.
  7. Select financial institutions offer credit card loan calculator to estimate the EMI and interest payable.

In order to reap all these benefits through a credit card loan in Hyderabad, individuals have to meet certain eligibility criteria. Since this advance is unsecured, the lenders generally set stringent prerequisites to minimise delinquency rate.

The interest of this advance depends on this loan against credit card eligibility Hyderabad that includes the bill payment history and pattern, credit score of the applicant and so on. It also implies that if one wishes to get the credit card lowest interest rate Hyderabad, he/she has to fulfil these criteria fully.

Even after qualifying, the higher interest of credit card consolidation loan often makes this borrowing option unaffordable to most people. A gold loan can prove to be a suitable alternative that individuals can consider taking in such a scenario.

Gold Loan: An Alternative To Credit Card Loan

Like a credit card loan in Hyderabad, a gold loan is available within a couple of hours. A gold loan also comes with a host of benefits, like:

  • No end-use restriction
  • Lower borrowing cost
  • Minimal documentation
  • No credit score required
  • Proper usage of gold equity

These are some of the standard features of a gold loan that individuals are entitled to. However, if they want to secure additional benefits, borrowers can opt for a Rupeek gold loan. Besides the advantages mentioned above, our gold loan also accompanies some industry-first features and facilities.

Perks Of Availing A Rupeek Gold Loan

The interest rate of a Rupeek gold loan starts from 0.49% per month, making it a much more affordable option compared to a credit card loan in Hyderabad. Not only that, we also offer:

  1. Robust Gold Security

Rupeek follows strict safety protocols when it comes to gold security, such as –

  • Our loan manager collects the gold from the borrower’s home in a sealed container with a GPS-tracker.
  • The borrowers are notified when the gold reaches the nearest partner bank’s vault.
  • The pledged gold enjoys complimentary gold insurance for the entire tenure.

Besides gold security, we also use advanced encryption methods to protect the information shared by borrowers.

  1. Flexible Repayment Options

Borrowers enjoy the flexibility to choose the repayment scheme that seems feasible to them. Besides regular EMI payment, they also can repay the entire amount through bullet payment or pay as and when they can, within the tenure.

  1. Substantial Amount

People can get up to Rs. 1.5 crores by pledging enough gold. To estimate the gold amount that they have to pledge to get a specific amount, individuals can use our online gold calculator.

  1. Savings On Loan Refinancing

Individuals can further reduce the interest by opting for a loan transfer. By choosing Rupeek, individuals can save up to Rs. 12,377 for every lakh on interest. One only needs to submit their current pledge card and pay the interest due with the existing lender to transfer their gold loan to us.

  1. Doorstep Services

To ensure optimum convenience, we offer doorstep services. It allows applicants to avail this instant online gold loan at their doorstep within 60 minutes. Post loan application, the loan manager reaches the borrower’s residence within 30 minutes and initiates the document verification and gold appraisal.

  1. Gold Credit Line

Individuals can further maximise the benefits of availing a gold loan from Rupeek by opting for a gold overdraft facility, known as Rupeek Quick. This facility allows existing borrowers to address any emergency expense instantly. They can avail this fund on top of their principal loan and use it for any short-term financial requirement.

This provision also helps in reducing the interest payment burden to a great extent. All they have to do is pledge some more gold and avail the funds instantly.

Rupeek Quick facility is available across the country, covering more than 500 locations including Hyderabad.

Rupeek’s Availability In Hyderabad

We are currently extending our doorstep services in the below-mentioned localities in Hyderabad.

  • Secunderabad
  • Banjara Hills
  • Begum Bazaar
  • Vikarabad
  • Begumpet
  • Falaknuma
  • Golconda
  • Kukatpally
  • Jubilee hills
  • Himayathnagar
  • Bowenpally
  • Khairatabad
  • Chandanagar
  • Miyapur
  • Ghatkesar
  • Balnagar
  • Himayat sagar
  • Amberpet
  • Sanjeev reddy nagar
  • Shamirpet
  • Erragadda
  • Somajiguda
  • Sainikpuri
  • Tarnaka
  • Yousufguda
  • Bahadurpura
  • Alwal
  • Gandhinagar'
  • Film nagar
  • Musheerabad

Therefore, instead of choosing a credit card loan in Hyderabad, individuals can settle for a more borrower-friendly loan product like a Rupeek gold loan. Along with fulfilling their dream, an individual can also facilitate an easy repayment of the loan within a short span of time.

Apply for a gold loan with Rupeek and manage your finance like a pro!

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Benefits of Gold Loan over Credit Card Loan.
  • <1 lakh
  • 2 lakh
  • 3 lakh
  • 5 lakh
  • 10 lakh
  • 20 lakh
Comparision Parameters Credit Card Loan Gold Loan
Interest Rate 2.39% 0.49%
Monthly Interest Amount
Eligibility & Documentation More Documents Needed Only KYC Needed
Processing Time & Disbursement 2 days to 1 week Within a day
Required Gold Weight -
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Frequently asked questions

  1. How much credit can I get as a credit card loan in Hyderabad?

The credit amount for a credit card loan depends on the unused limit. For instance, if you have a credit card limit of Rs. 40,000 and you have already used Rs. 10,000, you can avail a personal loan on that remaining Rs. 30,000. However, the eligibility of the applicant also plays a crucial matter in this case.

  1. Can I use a credit card loan to fund a trip to Europe?

Yes, you can use a credit card loan to fund a trip to Europe.

  1. How to apply for Rupeek gold loan?

You have to visit the official website of Rupeek and enter your mobile number to place gold loan request.

  1. What are the documents needed to get a Rupeek gold loan?

You have to submit KYC documents. Along with that, you also have to furnish recent utility bills or a lease agreement to get a Rupeek gold loan.

  1. Can I get a Rupeek gold loan with a credit card loan?

Yes, you can get a Rupeek gold loan with a credit card loan. You can also use a gold loan to consolidate existing debts and reduce interest outgo.

  1. How to repay a Rupeek gold loan?

Visit the ‘repay your loan’ page and enter the details of the loan you want to repay. Enter the repayment option and complete the transaction. You can also repay the loan using our dedicated app.

  1. What kind of gold Rupeek does accept?

We accept all gold jewellery starting from 18 carats to 22 carats. We do not accept gold bar or coins.

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