Online loans in Guntur

Online loans can be of two types, secured and unsecured. These are usually less time consuming and are readily available. The main differences between a secured and unsecured loan are:

As a secured loan is easier to avail, and its amount depends on the asset, it is a better option than an unsecured loan in most cases. However, pledging assets like property can seem substantially inconvenient for one who does not have multiple properties. Under such situations, a gold loan online is the ideal alternative. It provides the benefits of both secured and unsecured credit facilities without using an asset that will affect one’s daily life.

Unlike a property, it is reasonably simple to determine the accurate value of gold which is why lenders tend to prefer lending money against pledged gold. These benefits mentioned above can get multiplied if one decides to avail our gold-backed online loan in Guntur.

We have modified and improved the above-mentioned benefits as well to provide our customers in Guntur the most value on their borrowing. When you opt for our short-term loan in Guntur, you get:

• Improved LTV And Interest Rate

We charge rate of interest as low as 0.79% per month and offer up to 80% of the gold’s value as loan Now get the most out of your assets and pay substantially less interest for that. To know more about our LTV calculations, check our gold loan calculator.

• Simplified Overdraft Facility

With our overdraft facility called Rupeek Quick, get an extended credit line and withdraw money from the sanctioned amount at your convenience. You only need to pay interest for the sum you have withdrawn, making you repayment process easier.

• Smooth Repayment Options

Select from payment methods like interest pre-payment, single bullet payment, etc. to repay your loan or repay through EMIs. We leave this decision to our customers to choose according to their convenience.

• Wide Range Of Loan Amount

Our credit amount starts from Rs. 15,000 and goes up to Rs. 1.5 Crores. We have kept the range this vast so that people with every type of financial need can avail our gold-backed online loan.

• Swift Approval

After our representative visits your house, the entire process of loan approval takes at most 60 minutes. This makes our credit product ideal for people looking for an instant cash loan in Guntur.

We ensure complete ease of our customers by providing these features mentioned above. If you are searching “online loan lenders near me”, availing our gold-backed credit facility will be the right choice. At present, we are operating in numerous locations in Guntur intending to reach as many families as possible.

In Guntur, you can find our representative and partnered banks in the following areas.

• Amaravathi
• Pedanandipadu
• Kanna Vari Thota
• Nallapadu
• Velagapudi
• Prathipadu
• Thamma Ranga Reddy Nagar
• Mangalagiri
• Tadikonda
• Pedakakani

If you are from these locations and need a quick loan in Guntur, you can enjoy our doorstep loan service. The representative will carry out all the required procedures and leave only when the approved amount is credited to your account. With our gold-backed online loan in Guntur, you get the assurance of a better future that contains no worries of loan repayment.