Online loans in Kanyakumari

Kanyakumari, situated at the end of the Indian mainland, is regarded as one of the best tourist destinations of India. The cleanliness, longest railway line and breath-taking sunsets attract masses to this place throughout the year.

Apart from tourism, the Vedic culture, hospitality, and local produce add to the city’s economy. Individuals here looking for quick financing in the city can choose an online loan in Kanyakumari to meet a range of expenses besides their monthly costs.

Online loans are offered either without any collateral or against gold. People can access this personal financing option directly via their smartphones and do not have to visit any bank branch. Moreover, lenders do not impose any end-use limitation on this financing facility.

One needs to hold a 750+ credit score and match the financial institutions other borrowing requirements before they can get a collateral-free online loan. Besides, interest rates tend to a tad higher than online gold loans.

However, that’s not the only reason why a gold-backed online personal loan in Kanyakumari is an appropriate and smart borrowing choice.

Here are some reasons to apply for an online gold loan:

Because of gold’s high value, borrowers can get a substantial loan amount.
Only a couple of documents are required to avail this.
The loan tenure for other quick Loan in Kanyakumari is often dragged-out. But, online gold loans can be availed for a shorter period depending on the credit amount.
As it takes significantly less time to evaluate gold articles, the loan is disbursed within a briefer period.
Repayment of gold-backed instant online loans in Kanyakumari is less burdensome compared to that of an unsecured loan.

These are a few basic features you can find with every lender appearing in your search results when you look up ‘online gold loan providers near me’. However, to enjoy additional features, you can consider Rupeek.

Here are some of the reasons that make Rupeek a suitable gold loan lender.

Doorstep Service

With Rupeek, you get to avail a short-term cash loan in Kanyakumari at your doorstep. Our loan manager will contact you to set a date for KYC checking and gold evaluation after you apply online. After approval, your loan amount will be transferred in your account within 30 mins.

Significant Loan Value

Individuals can avail an instant online loan Kanyakumari up to Rs. 1.5 crores with us. You can also check our online gold loan calculator to estimate or plan the gold amount you need to submit for the required loan amount.

Competitive Interest Rate

Another reason people choose Rupeek over other cash Loans Kanyakumari providers is our low-interest rate. Our gold loan interest rate starts from 0.79% per month.

Repayment Flexibility

Rupeek provides you with the flexibility to choose repayment schemes as per your convenience. You get the option to repay monthly or clear the total due however you want by the tenure’s end.

Overdraft Facility Against Gold

Borrowers can avail an instant loan without documents with our gold overdraft facility, Rupeek Quick. It lets our current customers secure a credit line against additional gold and pay interest only on that amount.

We offer our services across all the top localities in Kanyakumari district to ensure out-and-out borrowing convenience.

Comparision Parameters	Other online loans	Online Gold loan
Interest Rate	2.39%	0.79%
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	-