Trivandrum, Kerala’s capital, is one of the most populous cities in the state. Also known as Thiruvananthapuram, it is a significant IT hub, accounting for a major share of the state’s software exports. This city is also home to several aerospace research facilities like Vikram Sarabhai Space Centre and Thumba Equatorial Rocket Launching Station.
Naturally, the standards of living in Trivandrum are also fairly high. Individuals may, thus, find it difficult to meet their recurring expenses along with unbudgeted costs or large-scale expenditures. In those instances, people can leverage their property’s value to get a loan against property in Trivandrum.
Here are the prominent features of easy loan against property in Trivandrum, that makes it a suitable borrowing option –
However, to enjoy these benefits, individuals need to meet certain eligibility parameters. Factors like income level, the stability of earning, employment type, and age are taken into account. Also, people need to have 650+ CIBIL score to be eligible for a loan against property in Thiruvananthapuram.
These are the nominal eligibility terms that one needs to meet, but if a lender has specific requirements, then borrowers need to meet them as well.
Even though loan against open plot in Trivandrum is a great financing option due to its customer-friendly benefits, the lengthy approval process makes it difficult to tackle any financial emergency with assistance from it. Thus, people searching for ‘quick loan against property lenders near me’ can consider alternatives.
In this regard, gold loans offer a suitable alternative. The loan disbursal process of this financial product is comparatively swift, which takes only a few hours to complete.
Moreover, borrowers can enjoy a shorter repayment tenure, and avail more flexibility in loan repayments with gold loans. However, selecting a reliable lender is vital to have a pleasant borrowing experience, and Rupeek is a name that individuals should consider during their search. The borrower-friendly benefits and attractive interest rates paired with doorstep services makes borrowing an effortless affair.
Here are the prominent features of Rupeek, which makes it a befitting alternative to a loan against property in Trivandrum.
The interest rate offered by us starts from as low as 0.49% per month, which makes interest repayments affordable.
With Rupeek, borrowers have the option to select their preferred repayment options. They can opt for a regular EMI structure, or they can choose to repay the total amount anytime within the tenure per their convenience.
At Rupeek, we have curated a hassle-free loan transfer process that allows our customers to save up to Rs.12377/lakh. Borrowers can initiate this process by sharing their existing pledge card.
With Rupeek’s minimal eligibility criteria, availing a gold loan is now easier. Any individuals who are above the age of 18 and have gold jewellery can apply for funds from us.
We also extend an overdraft facility known as Rupeek Quick that allows our customers to access instant funds. They can pledge additional gold to avail this facility. Moreover, they are only responsible for paying interest on the amount they use and not the entire line of credit.
Furthermore, our presence in the top localities of Trivandrum allows us to reach a customer’s home in just 30 minutes.
Individuals can avail for a doorstep loan as high as Rs. 1.5 crores from the following locations in Trivandrum –
Loan against property in Trivandrum with its favourable terms helps individuals to meet several financial requirements. However, the lengthy loan approval process can be an issue during emergencies, and gold loans offer a substitute in such cases. Additionally, with lenders like Rupeek, one can now avail an instant gold loan at their doorstep in just 60 minutes.
Yes, you can transfer the outstanding balance of your mortgage loan to another lender. In that case, you need to talk to both the lenders and complete the necessary steps to complete this process.
It is difficult to determine the highest value for this financial product. It depends on the respective property’s market value and several other risk factors. The LTV ratio for a loan against property ranges from 40% - 75%.
You can quickly repay your gold loan with Rupeek via its dedicated online payment portal. Once you log in, you can view the account summary and then make payments as per your convenience.
Rupeek has no criteria for CIBIL score to avail funds from them.
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