Founded in the mid-18th century by French, Guntur is a major hub of the southern region’s agricultural industry. The second most populous district of Andhra Pradesh acquires most of its revenue from jute, rice, and tobacco business.
The city is also surrounded by some eminent Buddhist monuments, standing testimony to its culture and devotion. Some noteworthy places like Amaravati, Mangalgiri, Amaraswara Temple, Buddhist Stupa, Kondaveedu are replete with heritage aspects and glory of India.
Individuals looking to address large-scale expenses such as of wedding and home renovation or unforeseen situations like a medical emergency can opt for a loan against property in Guntur. However, it is advisable to be aware of all the aspects of mortgage loans before availing one.
To cope with regular expenses, individuals often look for secured credit products that do not impose additional liabilities on them. Mortgage loans are one of those secured options where you can obtain a sizeable loan amount by pledging a residential or commercial property as collateral.
Following are some features of a loan against residential property in Guntur you should be aware of:
The aforementioned features inevitably compel the borrowers to opt for a loan against property in Guntur to meet their financial needs. However, it also comes with a few shortcomings like lengthy documentation procedure, late approval, etc.
Individuals are generally required to submit substantial documents to avail the loan, including ownership documents, income proof, etc. It is not at all possible to avail a loan without ITR and income proof in Guntur.
Therefore, as an alternative, individuals can opt for a gold loan that offers better features and a scope to save more money. And when it comes availing a gold loan, Rupeek can be an ideal option.
While searching for ‘loan against property provider Guntur near me’, you might face certain limitations like low CIBIL score, insufficient documents, etc. that eventually create a hindrance in acquiring funds. With Rupeek’s facilities, all of these limitations can be avoided due to the following reasons.
Apart from these compelling features, Rupeek also ensures the entire process from KYC verification to gold evaluation and loan sanctioning takes around 45-60 minutes to complete. Therefore, you can always count on Rupeek during emergencies.
Rupeek’s doorstep services are available in the following places in Guntur:
So instead of struggling to get a loan against property in Guntur, allow Rupeek to support you during the financial crunch.
Yes, the CIBIL score plays a vital role while availing a loan against property. The score has to be at a minimum of 650 or above to be eligible for mortgage loans.
No, our lending partners are not accepting gold coins or bars currently. Apart from these, you can pledge any gold item that is of 18 carats and above.
The specific qualifying parameters depend on the lending institution. Usually, financiers check your CIBIL score, disposable income, existing obligation, income stability, and credit history to determine whether you are eligible.
Yes, Rupeek has a doorstep service feature to help you obtain the fund from the comfort of your home. All you need to do is to use our app or website to apply for the gold loan. And, our loan manager arrives at your doorstep with a gold appraisal kit within a few minutes to complete the entire process.
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