Online Loan in Kanchipuram

Located in the Tondaimandalam region of Tamil Nadu, Kanchipuram or Kanchi is a picturesque temple city. The two most recognised temples situated in this city are the Vaikunta Perumal Temple and the Kailashnathar Temple. At present, the primary income of this city comes from Agriculture and handloom sarees made by the craftsmen of Kanchipuram.

There are several expenses that a person in Kanchipuram needs to meet from time to time besides the recurring monthly costs. It can be renovating an ancestral home or meet a child’s higher education costs. Individuals can resort to an online loan in Kanchipuram to that end.

One of the most impressive aspects of an online loan is the wide variety of options. Online lenders, NBFCs and even traditional banks have their online segments for providing personal finances to consumers. An online loan can be both secured, and unsecured depending upon the lender. And its specifications can differ in the following aspects.

	Unsecured	Secured
Interest Rate	Tends to be higher	Is usually lower
Eligibility	Stringent checks of credit score and minimum monthly income	Relaxed
Documents	The applicant needs to submit OVDs for KYC, salary slips, bank account statements, or ITR	Only KYC documents are required.
Loan Amount	Is based on the borrower’s monthly income	Is based on the LTV% provided by the lender
Collateral	Is not involved	Should be provided
Approval time	Takes 1-2 days at most	Takes only a few hours if it’s gold loan

Besides prompt disbursal, an online gold loan in Kanchipuram proffers several other benefits to borrowers.

A gold-backed loan can be highly advantageous as it lets you utilise your idle asset to get a substantially high loan amount. It is very easy to figure the value of gold, and it can be liquidated conveniently. Thus, among other types of assets, lenders prefer to take gold as collateral. This further increases your chance of landing on a tremendously profitable borrowing deal given the vast amount of lenders offering such loans.

You can keep looking for an ‘online loan near me’, or directly come to us and avail added benefits on our gold loan online.

At Rupeek, we aim to provide our credit services to as many people as we can. And we have understood that with extensive documentation and eligibility it will not be possible. Thus, we offer our gold-backed online loan to anyone who is older than 18 years and provides their KYC documents. Besides simple documentation, you get:

Swift Loan Approval

We offer instant online loan in Kanchipuram that only takes 60 minutes at most, to get approved.

High Per Gram Rate

Get the most out of your precious gold’s value with our highest per gram rate. You can check the loan amount you can take out against your gold with our gold loan calculator.

Reasonable Interest Rates

With our instant loan in Kanchipuram without income proof, you can get funds at rates of interest as low as 0.69%.

Wide Loan Amount Range

One can avail a loan of up to Rs.1.5 crores from us, and our range starts from Rs. 15,000. This vast range helps us to serve every type of needs, be it for a business or to buy a certain device.

When someone applies for our gold-backed online loan in Kanchipuram, they are also signing up for our doorstep loan service. Here our representative visits the customer’s house and does all the needed procedures there. We also provide you with two different types of repayment schemes to provide ultimate convenience to our customers. Currently, we are present in all the major localities of Kanchipuram and have partnered with numerous banks in the city.

You can avail our online cash loans if you are a resident of the following locations in Kanchipuram.

Medavakkam
Irungattukottai
Palayaseevaram
Enathur
Ambattur Ayyampettai
Uttiramerur
Sriperumbudur
Madipakkam
Pannur
Sunguvarchatram
Walajabad
Chromepet
Tambaram

When you avail a gold-backed online loan, you are keeping your other non-stagnant assets from being exhausted. We provide 100% insurance on your gold to ensure that you do not have to worry about its safety. So, if you need any kind of financial aid, download our app and opt for our gold loan online.

Comparision Parameters	Other online loans	Online Gold loan
Interest Rate	2.39%	0.69%
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	-