Loan Against Property in Jalandhar

Mortgage loans’ most significant advantage that draws customers in for one is its miscellaneous usability. Banks and NBFCs do not monitor the purpose of availing such credit, which allows borrowers to utilise loan against property to:

• Make a huge purchase
• Renovate homes
• Consolidate multiple debts
• Finance a big-budget wedding
• Pay for higher education
• Fund medical expenses

Additional advantages of mortgage loan in Jalandhar besides zero end-use restriction include:

• Applicant’s freedom of choice in terms of the type of property pledged.
• Compared to unsecured loans, lower interest rates make a loan against open plot in Jalandhar a more affordable borrowing option.
• Adequate loan value worth up to 75% of collateralised asset’s trending market value.
• Substantially long tenure to take the burden off hefty monthly EMIs.

The disappointing fact is that the list of benefits of this method of external funding often falls short in the face of an elaborate verification process about property ownership details and an applicant’s creditworthiness. A direct outcome of such a stringent process is delayed loan approval, which can prove detrimental in situations demanding liquidity.

Additionally, loan against property eligibility mandates applicants to have the collateralised property to their name and have a stable source of income. This can deter individuals, unable to match any of these conditions, from availing funds from their search results of “loan against property services near me”.

In such circumstances, a gold loan can come in handy as an alternative secured loan Jalandhar.

Refer to the following table to understand the benefits of gold loan as opposed to traditional loan against property in Jalandhar.

Additionally, gold items involve lesser risk of forfeiture than possessions as significant as a house or agricultural land. After you have made your mind opt for a gold loan, it is crucial to scrutinise all policies before choosing the best lender, and with the best offers on gold loan, Rupeek can easily claim that position on your list.

Rupeek Fintech is an RBI-certified organisation, striving to make availing credit easy and affordable for all loan seekers. With Rupeek, individuals can enjoy instant mortgage loan Jalandhar and a bunch of other benefits listed below.

• Receive the highest percentage of your gold’s value as credit with our LTV rates soaring as high as 80%. Check available loan amount against your assets with our gold loan calculator.
• Rupeek offers different options of repayments for the convenience of borrowers with varying financial backgrounds. Applicants can choose to make monthly EMI payments or repay anytime with any amount within loan tenure.
• Borrowers have the option to choose from a number of interest schemes with a loan against property lowest interest rate starting from 0.49% per month.
• Online procedure of placing a loan request helps Rupeek provide instant gold loan at your doorstep and prompt loan approval and disbursal after a complete verification process.
• Save up to Rs. 12,377 per lakh on interest payment by making a loan against property transfer to Rupeek with your existing pledge card.

In addition to these, Rupeek also offers extended credit line against additional pledged gold exclusively to its existing borrowers.

Rupeek Quick is a gold overdraft loan facility, which lets its customers avail instant funds via their in-app wallet by investing additional gold items. No extra document is required for its approval since it is a top-up loan, and an added benefit is that borrowers only pay interest on the withdrawn loan amount.

Join our reputable customer base from anywhere in India, including Jalandhar, to avail these exciting offers and benefits.

Following is a list of the areas Rupeek provides its trusted services to, in Jalandhar.

• Rama Mandi
• Banga
• Apra
• Model Town
• Phillaur
• Dayanand Nagar
• Goraya
• Jalandhar Cantt
• Jandu Singha
• Lajpat Nagar

Apply for credit on our website today for the best loan against property services! Or contact our customer helpdesk for further enquiries.