Howrah, a major city in West Bengal, is located at the western banks of Hoogly River. Home to eminent relics of British era and Nawabs, the architectural brilliance attracts tourists every year.
Renowned as the transportation hub of West Bengal, Howrah’s road and rail networks make it an excellent location for residents as well as businesses to set up base. Over the years, Howrah’s living costs have also surged owing to this factor. To keep up with these rising standards, individuals can opt for an online loan in Howrah.
Technology has been advancing regularly to facilitate the ease of living. From grocery shopping to paying electricity bills, everything is possible online today. Online Cash Loans are a product of this advancement, which assists a borrower from loan application to disbursal without visiting financial institutions.
Online loan forms can be flexible in terms of collateral, i.e. secured and unsecured. During an emergency, individuals opt for unsecured online loans generally, which seem convenient at first. But, one should note the limitations of this personal financing facility prudently before choosing one.
These loans come with specific shortcomings, like stringent eligibility criteria and high interest rates. Apart from that, the documentation process can be overwhelming in times of an emergency.
In these situations, opting for an online gold loan can be a better alternative.
Wondering what makes a gold loan in Howrah worthy of your consideration? Here are some reasons:
There may be lender-specific benefits as well borrowers must check when searching for ‘gold-backed online loan providers near me’. For instance, with Rupeek, customers can enjoy complete flexibility of repayment and enjoy an LTV as high as 80%. These are not the only reasons to opt for Rupeek’s instant cash loan in Howrah.
Here are some of the reasons that make Rupeek a suitable gold loan lender. Check them out!
Borrowers can get an online loan from Rupeek at their doorstep. Our loan manager can get to the borrower’s residence within just 30 minutes; ensuring applicants can get an instant cash loan in 1 hour in Howrah.
We allow individuals to avail up to Rs. 1.5 crores by pledging gold of equal quantity. You can also check our online gold loan calculator to estimate the amount of gold to be pledged to avail the desired sum.
Traditional online loans in Howrah ask for a 750+ credit score. We offer the loan against gold without such stringency. You are free to avail a loan from us if you are 18 years and above.
Another reason people choose Rupeek over other online loans is our low-interest rate. Our gold loan interest rate starts from 0.69% per month.
Rupeek provides you with the feature to choose repayment schemes based on your financial capacity. You can repay the loan amount any time within the tenure or choose to pay EMIs.
We also offer an overdraft facility, known as Rupeek Quick, to existing customers. They can avail a credit line through Rupeek Quick by pledging more gold. What’s more, interest is calculated on the expended sum only.
If you are searching for online business loan Howrah or any other purpose, here is the list of localities where we operate:
Smart financing is imperative to maintain substantial savings and ensure a robust financial footing. With the aforesaid features of Rupeek’s quick loan in Howrah, this becomes possible.
So, plan your savings better by applying for our online gold loan today!
|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||-|
Yes, you can transfer your current gold loan to Rupeek and save up to Rs. 12377/lakh. You have to share the pledge card with Rupeek’s gold loan manager, and he/she will guide you through the remaining process.
The gold submitted by you is kept in a bank vault five kilometres from your home. You can track whether the ornaments reach the right destination in real time as well.
You can find Rupeek’s official app in Google Playstore.
You can find the loan amount, gold weightage, submission date, interest payable and other online gold loan-related details by logging into your Rupeek account via our app or website.
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