Credit Card Loan in Thiruvallur

Credit Card Loan in Thiruvallur

Thiruvallur, formerly known as Tiruevullur, is home to renowned industrial hubs like Hindustan Motors, India Japan Lighting, and TCL. This Grade I municipality in Tamil Nadu attracts employment-seeking youths throughout the year.

It upscales the revenue and development prospects for residents, leading to greater propensity to consume. A credit card loan in Thiruvallur can be a suitable financing option if individuals are looking to cover unforeseen expenses.

An applicant must compare this credit form's pros and cons with a suitable alternative like a gold loan before seeking such financial help.

Credit Card Loan – The Instant Money Source

A credit card loan in Thiruvallur is an unsecured personal loan variant that can be availed by credit card users. An individual can access this loan for urgent expenditures with a simple application process.

  • Source Of Instant Fund – It is an unsecured personal loan variant that offers a borrower cash within 24 hours against the unused credit limit. A person can also use it like a credit card debt payoff personal loan as it entails no spending restrictions.
  • No Hassle Of Documentation – As the loan sanctioned against credit card comes pre-approved, the borrowers needn’t submit additional documents.
  • Easy Repayment – The tenure of a personal loan against credit card can extend up to two years based on a borrower’s repayment capacity and the lending institution. This eases out the repayment structure as they can smartly plan beforehand using a credit card loan calculator.
  • Processing Fees – As the loan is offered on an existing credit card, the processing charge is nominal.

Though the credit card refinancing Thiruvallur loan offers multiple benefits, the variables attached can make it unsuitable in some cases. Some of the issues related to a credit card loan in Thiruvallur are discussed below.

Issues With An Instant Loan On Credit Card

It can be a beneficial liquidity source for individuals in emergency or MSME owners needing instant funds. But for the big-expenses, a credit card takeover loan Thiruvallur will be insufficient.  

Moreover, the interest rate levied on it is relatively high that can increase one’s repayment burden. It is wise to check these aspects when looking up ‘credit card loan providers near me’.

Again the credit card loan in Thiruvallur applicants has to maintain a 750+ CIBIL score and a clean credit history. This stringency makes the credit form inaccessible for new loan applicants. Enjoying credit card lowest interest rate Thiruvallur is also impossible without a considerable credit score or unagreeable repayment history.

In such a situation, opting for a secured variant like a gold loan may seem fruitful because it does not include any of these cons but offers nearly all the pros of a credit card loan in Thiruvallur.

Rupeek brings additional features as well that enhance customer convenience and ensures a quicker and more hassle-free source of funding.

Rupeek – The Reliable Gold Loan Provider

Rupeek is a reputed gold loan lender in Thiruvallur that offer borrower-friendly features and repayment schemes. Some of our acclaimed services are –

  1. Generous Loan Amount

Rupeek gives the applicant’s a substantial amount upto Rs.1.5 crore. An individual can avail a gold loan to pay credit card outstanding and improve their credit score simultaneously.

  1. Easy Loan Transfer

Rupeek gives its borrowers a stress-free outstanding balance transfer option. The interested borrowers need to share their pledge card with our loan manager.

  1. Transparency In Service

We weigh your gold assets before your eyes and disburse the exact value. To avoid any form of confusion, you can use our gold loan calculator and check the loan value beforehand.

  1. Repayment Flexibility

Paying regular EMIs is saddling your savings? We allow you to choose from our multiple repayment schemes so that you can plan and manage your finances as per your convenience.

  1. Overdraft Facility

Also known as Rupeek Quick, this credit line comes with the following features –

  • The interest is levied on the withdrawn amount only
  • One-click application
  • Availability of funds 24x7

What’s more, people in Thiruvallur can get a loan from the comfort of their home with our doorstep services. Our representative will be at your location in just 30 minutes owing to our extensive network in Thiruvallur.

Service Localities Of Rupeek In Thiruvallur

  • Avadi
  • Poonamallee
  • Thiruverkadu
  • Ponneri
  • Periapalayam
  • Tiruvelangadu
  • Tiruttani
  • Pattabiram
  • Minjur
  • Pulicat
  • Uttukottai
  • Kadambathur

A credit card loan in Thiruvallur works as a handy liquidity source during personal or business-related emergencies. But, to save more on interest and secure a higher loan amount, people can turn to a gold loan from Rupeek.

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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. What do you mean by credit limit?

It is the spendable amount of a credit card set by a financial institution. Ideally, this amount is based on a borrower’s spending habits, credibility, income structure and repayment cycle.

  1. What are the charges levied on a credit card loan?

There are four charges levied on a credit card loan, namely interest, processing charges, late payment fee, and foreclosure charges.

  1. What are the ways of applying for a credit card loan?

You can apply for a credit card loan online by checking the official website of a preferred NBFC. To apply offline, you can visit the branch whenever convenient.

  1. Why is credit history an essential requirement for a credit card loan?

A person’s credit history substantiates the repayment capability and trust in the eyes of a lender. Lenders emphasise on the CIBIL score, and credit history of a person as credit card loans are unsecured.

  1. Does Rupeek accept anklets as collateral against their gold loan?

Rupeek accepts all form of gold jewellery of at least 18-carat purity. We don’t take gold bars and coins.

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