Credit Card Loan in Kadapa

A loan against credit card in East Godavari offers an easy financing option to meet an array of expenses. The following features of this financial product help in this regard –

• It is collateral-free
• There are no end-use restrictions
• It is pre-approved, hence, no lengthy documentation process

Even though this financial product does not require submission of any credit card loan documents, one needs to meet the required eligibility terms.

Loan against credit card eligibility Kadapa includes the following –

• Possess an existing credit card
• Maintain a credit score of 750
• Have a repayment history without any defaults

A personal loan against credit card comes with the following limitations –

• Credit card loan pre-closure charges are high
• The interest rate charged on a credit card debt payoff personal loan can be as high as 21% p.a.
• Individuals with a credit score below 750 might struggle to avail this loan option

• A loan on credit card Kadapais that it is available against the unused credit limit of a payment card. Hence, the loan amount may be insufficient in some cases.

The aforementioned limitations of a credit card loan in Kadapa can offset the benefits it offers. Hence, borrowers often search for alternatives, and a gold loan can be an excellent option for them.

Here are some prominent differences between gold and credit card loans that one must keep in mind to make an informed decision.

Therefore, when compared head-to-head, it is clear that a gold loan offers better loan terms compared to a credit card loan. Hence, instead of searching for a ‘credit card lender near me’ one may consider gold-backed financing.

Even though gold loan offers better loan terms and more customer-friendly benefits, it is vital to opt for a reliable lender that makes this process even more advantageous. Rupeek is a leading gold loan provider that offers industry-first benefits like doorstep services, which help individuals to get instant online gold loans at their doorstep. You can enjoy other exclusive benefits as well by opting for our gold loan.

Take a look at the few benefits of availing a gold loan from Rupeek –

1. Lenient Eligibility Terms

An applicant needs to be above 18 years of age and possess gold jewellery to qualify for our gold loan.

2. Low-Interest Rate

We levy an interest rate as low as 0.49% per month on the funds offered by us. Hence, the interest payment is not a hassle with us.

3. High Loan Amount

The loan amount offered by us can go as high as Rs. 1.5 crores. It is possible due to our high per-gram rate.

4. Balance Transfer Facility

The loan transfer facility offered by us is straightforward and quick. It only requires borrowers to share their existing pledge card to get funds from us. One can save up to Rs. 12,377 every lakh on a gold loan balance transfer with us.

5. Overdraft Facility

The overdraft facility offered by us is known as Rupeek Quick. It helps individuals to pledge additional gold and get access to an extended credit line. Moreover, borrowers are only accountable for paying interest on the amount they utilise, making room for additional savings.

Besides the above-mentioned benefits, individuals can also enjoy 30-minute doorstep service in and around the following locations in Kadapa –

• Badvel
• Ganganapalli
• Galiveedu
• Porumamilla
• Cuddapah
• Nandalur
• Rayavaram
• Rajampet
• Rayachoti
• Vontimitta

Even though a credit card loan in Kadapa is an accessible financing option, it does not fare well when stacked up against gold loans. The favourable loan terms make the latter a great mode of financing, and with Rupeek, one can meet any monetary requirements without any delay.