Widely known as the ‘Queen of the Arabian Sea’, Kochi is a densely populated city in Kerala with a total urban population of more than 2.1 billion. With a plethora of tourist places like Folklore Museum, Santa Cruz Basilica, Chottanikara Bhagavathy Temple, Andhakaranazhi Beach, the city attracts a lot of ardent travellers every year.
The city is also home to significant business sectors, like the Kakkanad with construction companies, chemical industries, and IT companies constituting a considerable share. Amidst these significant economic and commercial developments, the city has become relatively expensive, often leading them to look for financial assistance. Therefore, a loan against property in Kochi comes as a secure and ideal solution to cope with unforeseen or sizeable monetary issues.
Among all the secured options, borrowers generally apply for a mortgage loan since it allows them to avail a sizeable amount by submitting a residential or commercial property as collateral.
However, before you approach mortgage loan companies to avail the loan, there are certain aspects of a LAP you should be aware of:
Due to all these shortcomings of a home mortgage loan Kochi, the beneficial aspects often get eclipsed, especially when borrowers are looking for an instant solution during a financial crisis.
A gold loan can be considered a better alternative to a loan against property in Kochi in such a situation since it does not trouble the borrowers with extensive documentation, lengthy approval, and stringent eligibility parameters. And with innovative facilities from Rupeek, gold loans make financing even more convenient.
Gold has always been a metal of high value in India, somewhat reflecting in its ever-increasing price. Therefore, opting for a gold loan quickly brings you a considerable amount to support your monetary issues. Apart from that, some of the key benefits you can get from a gold loan are the lenient eligibility criteria and easy documentation procedure.
When it comes to Rupeek’s facilities, certain factors make it stand out among others.
Apart from these compelling features, Rupeek also ensures that our customers get a hassle-free experience while availing the gold loan, something absent with loan against property in Kochi. Additionally, our unique overdraft facility called Rupeek Quick provides an opportunity to withdraw funds any time you want. At the same time, the interest rate gets imposed on the used sum only, not on the total sanctioned amount.
In order to help our borrowers avail gold loans easily, we have our doorstep services available in the following locations:
So instead of searching for ‘loan against property provider Kochi near me’, avail a gold loan from Rupeek to fulfil your financial needs.
Yes, the gold loan interest rate is set by the lender and usually varies across different lending platforms. In order to get a clear idea about how the interest rate is calculated along with attractive schemes, you can directly contact the lender.
Yes, a loan against property gives the borrower independence to use the funds to fulfil any financial requirement.
You can obtain up to Rs. 1.5 crores with Rupeek’s gold loan.
For self-employed individuals, the minimum age limit for availing a loan against property is 24 years while for salaried individuals, the age limit stays between 18 - 60 years.
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