Online loans in Kolkata

As its name suggests, these are credit products that an individual can avail online from various type of lenders like NBFCs, online-only lenders and traditional banks. These can be both secured and unsecured depending upon the lender. As the lifestyle in Calcutta has become significantly fast-paced, a credit facility that does not require one to take substantial time out of their life is ideal.

Apart from being less time consuming, an online loan has numerous other advantages that make it ideal for the urban life of Kolkata.

An online credit product is not substantially different from its offline counterpart. But the few differences it has, are all positive and reasons why you should opt for one.

• Easily Accessible

One can apply for an online loan at any point of time in the day, and from anywhere they want, saving both time and effort. They are available on holidays and weekends as well.

• Fast Approval

As there are many non-traditional lenders in the internet, online loans take significantly less time, making it apt for urgent financial needs. People looking for an instant cash loan in Kolkata should avail these.

Always research about the type of loan you are opting for before proceeding with it. Ensure that you are taking a well-informed decision, especially when going for an unsecured loan.

These are basically financial products that do not need any collateral. Some of its other features are:

• Documentation

One needs to produce their income proof, age proof, identity proof, address proof, Form 16, income tax return etc. when applying for them. It can be problematic for individuals looking for a fast loan in Kolkata.

• Comparatively High Interest Rate

Unsecured loans tend to have significantly high interest rates due to the lack of collateral. Repaying such high interest can become a significant burden on an individual.

• Stringent Eligibility

These credit products have hard to fulfil eligibility criteria like one needs to have a credit score of 750+. Individuals also need to earn at least Rs. 20,000 to apply for a personal online loan.

These can be avoided if one instead looks for secured alternatives that are available in the market. For example, online gold loans in Kolkata. It is not just a more straightforward option, but it puts your idle asset to use as well. Especially if you make the right decision and avail our gold-backed credit, you get extra benefits to enjoy as well.

Our gold-backed loan stands out due to the following features –

1. Flexible Eligibility And Documentation

We do not ask for your financial details or CIBIL score to deem you eligible for our loan. You only have to be 18 years or older and provide your KYC documents to apply.

2. Reduced Interest Rate

Our interest rates start from as low as 0.79% per month. A low interest rate will help a borrower to repay the loan without becoming a burden.

3. Increased LTV

Get a loan-to-value ratio as high as 80% from us and make the most out of your gold jewellery. With our cash loans Kolkata, you can address any financial emergency instantly.

4. Easy-to-Access Overdraft Facility

Opt for an extended credit line and withdraw as much required from your sanctioned amount with our overdraft facility called Rupeek Quick. If you do not use the entire amount, we will only charge interest on the amount you have used.

5. Doorstep Loan Facility

If you are a resident of Kolkata and have been searching “online loan lender near me”, the following are the locations where we provide our doorstep loan service.

• Jadavpur
• Ganesh Chunder Avenue
• Dum Dum
• Park Circus
• Baranagar
• Kalighat
• Baghajatin
• Hastings
• College Square
• Dharmatala
• Taltala
• Ballygunge
• Esplanade
• Tollygunge
• Park Street
• Behala

If you are from these areas, simply download our App, apply for your required loan and relax. Our representative will visit your location and do all the required procedures at your house or office.

A secured online loan provides numerous advantages without the underlying issues that are common with other types of loan. Apply for our gold loan to fund your dreams without any struggle.