Patiala is a fast-emerging industrial centre in Punjab and also the state’s 4th most populated district. It is segregated into three sub-divisions – Patiala, Nabha and Rajpur. This district is renowned for a destination like the Gurdwara Dukh Nivaran Sahib, Kali temple, Baradari Garden, and Moti Bagh Palace.
The district has an average salary of Rs. 2.99 lakhs and the cost of living is 100% higher than the national average, according to a report by Payscale. To keep up with such standards of living, people can consider a credit card loan in Patiala.
It is not always feasible to avail a loan by submitting all sorts of documents anew. Under these circumstances, a credit card loan makes for a viable funding solution. Individuals can avoid dipping their hands into their savings account in case of a financial crisis or large-scale expenditures with this financing option.
Here is a list of features of instant loan on credit card -
Nevertheless, one needs to satisfy basic criteria like default-free repayment history and a high credit score to qualify for this loan or avail a high amount against the unused limit of their card.
A major drawback of a credit card loan in Patiala is it entails high interest rates as it is unsecured. People looking for sizeable funds may find repayment challenging because of this reason. A person can consider a gold loan as an alternative in such cases.
There is a distinct differentiation that exists between credit card loans in Patiala and gold loans. Mentioned here are the points the segregates the two.
Credit card loans
Besides the aforesaid advantages over a credit card takeover loan Patiala, you can also enjoy services like doorstep loan, overdraft facility, and interest rates starting from 0.49% with Rupeek.
Mentioned here are a few features of our gold loan that makes it a viable alternative compared to a credit card loan in Patiala.
Our extensive service network in Patiala is another reason why individuals can rely on us during emergencies at any time.
Although a credit card loan in Patiala may seem more viable in case of emergency fund requirement, the approval process for the same can be a hassle for some people. It also comes with a high interest rate, which increases monthly outgo.
So, why search for credit card loans near me, when you can go for Rupeek gold loans, which are more convenient and ensure financial stability.
The loan amount available for disbursal depends on two factors, which is the applicant’s available credit limit and credit profile. The person’s disposable income can also be a factor.
You can use a gold loan to cover any kind of expense, including paying off credit card bills.
Most financial institutions do not change your credit limit even if you avail a credit card loan. You can continue to use the available credit limit on your card.
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