Located on the banks of Noyyal River, Coimbatore is the second-largest city in Tamil Nadu after Chennai. The cosmopolitan city is famous for its art and culture. Places like Gass Forest Museum, Adiyogi Statue, Marudhamalai Hill Temple, Sree Aayappan Hill temple, Perur Pateeswarar Temple, and Geede Car Museum attract a lot of tourists throughout the year.
The strong presence in manufacturing (automotive components), education, exports (jewellery) and health care sectors has made Coimbatore, one of the fastest-growing among the tier-II cities in India. Apart from the large textile base that earned it the status of the ‘Manchester of South India’, Coimbatore has also expanded in the IT sectors over the years.
The advancement in technology as well as in economy has upped the lifestyle of people living in Coimbatore. It has also led to increased credit awareness. Individuals in Coimbatore rely on financing options, like an online loan to cover various personal expenses as well as meet urgent bills or payments.
In this technologically advanced era, arranging cash during a liquidity crisis has been made easy with online loans. Individuals can get access to funding from various financial institutions (fintech companies, banks, and NBFCs) through digital medium and meet several personal expenses. The purposes may include the following:
To get a quick loan in Coimbatore for personal purposes, individuals must fulfil the required eligibility criteria set by the financial institutions. Though these parameters vary with each lender, the basic factors that are enquired include:
While applying for instant online loans in Coimbatore for personal expenses, both salaried and self-employed individuals must accumulate the following documents.
Individuals can avail both secured and unsecured online loans. However, the documentation associated with unsecured online loans is extensive. Also, unsecured online loans come with a higher interest rate, which increases the total repayable amount.
In this regard, individuals can opt for secured financing options like online gold loans due to their minimal paperwork and relaxed eligibility criteria.
Due to its secured nature, gold loans can provide instant funding during urgent cash requirements. Individuals can use the cash to meet various personal expenses. They can cover emergency expenses like pay medical bills and others. The benefits of availing secured gold loans online include:
The multi-faceted advantages of online gold loans prove to be an optimal financing solution to individuals facing a liquidity crisis. In this regard, individuals of Coimbatore who are looking for a ‘gold-backed online loan provider near me’ can trust our 100% transparent gold loan processing and consumer-friendly financial services available at Rupeek.
At Rupeek, individuals are guaranteed to avail the following benefits.
To ensure individuals in Coimbatore get quick funding to meet various personal expenses, we have stretched our financial services across Coimbatore.
Prospective borrowers who are willing to avail our doorstep services can locate us in the following locations in Coimbatore.
To get an instant online loan in Coimbatore, click apply now.
|Comparision Parameters||Other online loans||Online Gold loan|
|Monthly Interest Amount|
|Eligibility & Documentation||More Documents Needed||Only KYC Needed|
|Processing Time & Disbursement||2 days to 1 week||Within a day|
|Required Gold Weight||-|
No, we do not approve online loans against gold bars or coins. Our lending partners only accept gold jewellery of 18 carats or higher quality.
Yes, you can opt for a partial payment for an online gold loan with Rupeek. If you want to partially pay for your gold loan, the payable amount must be between the monthly interest and any amount less than the full-closure sum.
If you want to repledge jewellery for extending the tenure, contact our customer support team. Our team will help you to further continue the process.
To make an informed choice, one should know about the Loan to Value ratio, additional fees and charges, interest rate, gold security, repayment schemes, etc.
You can visit our website or app to apply for an online gold loan. Our company representative will contact you thereafter. He/she will visit your residence or office per your convenience for the rest of the processing and loan disbursal.
If anyone wishes to update the contact details during the gold loan tenure, they need to contact the customer support team for the alterations. The team will update the details in Rupeek’s database.
Your request has been received, our customer relationship manager has been notified and will call you shortly