Located 72 km from Chennai, Kanchipuram is famous for its silk sarees. The Kanchipuram sarees are renowned all over the world for their quality and artistry. Agriculture, weaving and tourism are significant contributors to this city’s economy, along with silk exports. It is also home to several notable temples like the Kanchi Kamakshi temple, Kailashnath temple, and Ekambareswarar temple.
The city’s economy has grown steadily over the years, with the cost of living rising as well. Individuals looking to finance their wedding, thus, or any other large-scale or unbudgeted expenses can use a personal loan in Kanchi to manage their finances efficiently.
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Since this financial product has no restriction over its usage, it will enable you to use it for various purposes, such as –
Nevertheless, to avail the benefits of this financing instrument, one needs to meet the personal loan eligibility requirements, which have been discussed below –
An applicant must also produce the following documents during personal loan apply online –
Even though a personal loan in Kanchipuram offers several benefits, the eligibility criteria, lengthy documentation, and high interest rates can be inconvenient in some cases. One can easily bypass these cons by opting for a gold loan.
Here is a comparative analysis of gold loans and personal loans to help you make an informed decision.
Particulars |
Gold Loans |
Personal Loans |
Loan type |
Secured |
Unsecured |
Loan amount |
Depend on LTV |
Depend on the borrower’s eligibility |
Loan tenure |
Comparatively shorter |
Comparatively longer |
Disbursal process |
Quick, usually within 24 hours |
Lengthy, typically 1-2 working days |
Eligibility criteria |
Flexible |
Strict |
Cost of borrowing |
Lower |
Higher |
Besides opting for a gold loan, selecting a reliable lender is also important to ensure maximum benefits. In this regard, you can turn to Rupeek.
Rupeek is a leading Fintech Company in India, offering gold loans with industry-first features like doorstep services. Along with that, other customer-centric benefits include –
The eligibility criteria for Rupeek is minimal. Any individual who is above the age of 18 and possesses gold jewellery can avail funds from us. Moreover, we only ask for a valid identity and address proofs to process the loan application.
At Rupeek, we offer one of the lowest interest rate personal loans in this segment, which starts from 0.49% per month. Therefore, interest payment with us is a lot more affordable.
With our offering of the highest per gram rate, you can avail a loan up to 80% of your gold’s value. Additionally, individuals can check the amount of gold they need to provide to avail their desired amount via our online gold loan calculator.
With our flexible repayment schemes, you can now easily pay your dues as per your convenience. Opt for regular EMIs or repay any time within the tenure, whatever suits you.
We offer a quick and hassle-free loan transfer facility that allows you to save up to Rs.12377 per lakh on repayments.
Our overdraft facility, i.e. Rupeek Quick, provides you instant access to funds anytime from anywhere. Moreover, pay interest only on the amount you have withdrawn.
A little about our doorstep service
Along with these aforementioned benefits, Rupeek also provides you with instant online gold loans at your doorstep. Once you complete the loan application, our loan managers will visit your address within 30 minutes for the loan disbursal process. Our presence in prominent areas of Kanchipuram makes this possible.
You can avail our services in and around the following locations in Kanchi –
Put an end to your search for ‘personal loan lender near me’ with our instant doorstep loan service. Contact us today and secure funds for all your financial needs instantly.
Our loan representative will leave your house only after you receive the funds in your account. We use GPS-enabled bags to transport your gold ornaments, and use high-security vaults to store them. Also, your gold enjoys complimentary insurance coverage during the tenure.
Yes, Rupeek does not consider credit score while sanctioning a personal loan.
You can avail rebate with regular repayments. Moreover, with more frequent repayments, you will be eligible to earn higher rebates.
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