Ludhiana has been a prominent hub for MSME sectors and contributes significantly to the state GDP. It is Punjab’s largest city and is located on the banks of Sutlej River. The small and medium-scale industries of this city produce various products that include automobile parts, appliances, sewing machine, and many more.
The apparel industry of Ludhiana is particularly famous around the country and also exports products abroad. Residing in a smart city like Ludhiana requires sizeable purchasing power, which can often be straining on their savings to manage financial difficulties. Alternatively, one can choose a doorstep loan in Ludhiana to manage such requirements.
A doorstep loan in Ludhiana offers a quick solution to any financial need. Moreover, it reduces the hassle of visiting a branch for this purpose, as representative of the respective financial institution will visit the applicant’s home to complete the formalities.
Like any financing option, short-term loan Ludhiana has two variant, secured and unsecured.
Here is an idea on how to apply for a doorstep loan in Ludhiana online –
Step 1: Visit the lender’s official website
Step 2: Filling up the loan application form with relevant details
Step 3: Following initial approval, applicants need to submit the required documents
Step 4: After verification of documents, one will receive the sanctioned sum.
Before applying for a loan, borrowers need to arrange necessary documents and evaluate the eligibility criteria to eliminate any rejection chances.
Standard eligibility criteria for a doorstep loan include the –
The list of documents required to avail this financing method is –
Keeping these documents handy will enable individuals to fast-track their instant loan application.
However, to bypass the hassle of this extensive documentation process, and satisfying stringent eligibility criteria, one can opt for a gold loan. This secured variant of a doorstep loan in Ludhiana offers a quick and hassle-free process and access to required funds.
The notable benefits of this financial product include –
These are some of the essential benefits of a gold loan. However, it is vital to find a reliable lender to maximise one’s borrowing experience. In this regard, Rupeek is a name to keep faith in.
Here are some key highlights of a gold loan from Rupeek that makes borrowing a hassle-free and affordable experience.
Alongside these benefits, customers can also meet their instant financing needs with our gold overdraft loan facility.
This facility enables our existing borrowers to pledge additional gold and gain access to an extended line of credit on top of their doorstep loans in Ludhiana. Borrowers can withdraw money in parts from that credit line anytime. Moreover, with Rupeek Quick, customers are only liable for interest on the used amount.
Along with these, our strong presence in prominent localities of Ludhiana further enables us to offer prompt doorstep services to customers.
A doorstep loan in Ludhiana focuses on amplifying the comfort of a borrower, as they can put an end to the worry of managing time to complete loan-related formalities. Additionally, with a lender like Rupeek, borrowers can fulfil their financial needs instantly with affordable loan terms and quick access to the amount.
Contact Rupeek, and end your search for a ‘doorstep loan provider near me’.
Usually, they do not levy any additional charges for providing a doorstep service. It is a part of the amenities that such financial institutions offer to their customers.
It depends on the discretion of a lender and type of loan. For instance, Rupeek does not focus on this pointer for extending a gold loan. Whereas, other lenders may complete this process before approving any loan application.
If you have a bad credit history and low CIBIL score, you can choose a gold loan from Rupeek. Since Rupeek does not focus on this criterion, you can avail a loan and repay it timely to improve your credit history.
You can initiate a loan application process by registering your mobile number. After that, a company executive will contact you to learn about your requirements, and the loan managers will visit your address for jewellery evaluation and document verifications. Following a success, you will receive your money within an hour.
No, Rupeek does not levy any foreclosure charges on its gold loans.
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