One of the most popular tourist destinations of India, Kanyakumari or Cape Comorin is the endpoint of the Indian mainland. This town of Tamil Nadu attracts tourists from all over the world owing to the renowned Vivekananda Rock and Thiruvalluvar Statue.
Tourism drives the economy of this city. Therefore, the income of Kanyakumari residents here is primarily seasonal. In this regard, any sudden financial crisis means they need to rely on their savings. Instead, they can opt for an option like a personal loan to manage such situations.
Here are some features of this financial product –
However, before proceeding with the application, learn the personal loan eligibility criteria, which may differ across financiers. Certain standard parameters lending institutions check are your credit score and monthly income.
Almost all reputed banks and NBFCs prefer a credit score of 750 or above. A low score might either lead to rejection or higher interest rates.
If you satisfy the specified eligibility criteria, the next step is personal loan apply, following which you will need to submit the following documents –
Aadhaar card, Passport, Voter ID card, PAN card, Driving license
Utility bills, Ration card, or an identity proof
Proof of income
For salaried individuals
· Salary slip of last three months
· Bank account details of the previous six months
· Employee ID card
For self-employed individuals
· Bank account details of 1 year
· IT return documents
· Business ownership papers
Feeling overwhelmed by these strict norms?
If that’s the case, you can consider alternatives like a gold loan. This financing option comes with all the benefits of an unsecured personal loan, but sans the rigid eligibility parameters and documentation.
You can tap into the equity of your gold possessions by merely pledging them for a personal loan. Also, since gold backs the funds you acquire, the lending risk of a financial institution is low. Hence, it provides for more straightforward eligibility criteria and shorter documentation process. Besides these, you also enjoy –
These features are standard, but if you are looking for further benefits, you should opt for Rupeek.
Rupeek offers one of the lowest gold-backed personal loan interest rates, starting from 0.49% per month. Along with more affordable interest payments, there are several other reasons to choose Rupeek as a lending partner.
You can secure a considerable amount against your gold’s value with us, courtesy to our offering of the highest per gram rate. You can get up to Rs. 1.5 crores to meet all your financial obligations adequately.
We understand your needs and the added pressure a strict repayment schedule can create on you. Hence, we offer repayment flexibility, where you can choose a plan of your convenience. You can either choose from a fixed EMI schedule or the one-time bullet payment scheme per your financial capacity.
Save up to Rs.12377/lakh by transferring your existing personal loan against gold to us. Share your current pledge card and complete the simple documentation process for a hassle-free loan transfer. After that, close your loan with the existing lender and shift to Rupeek.
We adhere to the strictest security measures. Our loan representative leaves with the pledged gold items in a GPS-enabled bag after you receive the funds. The gold ornaments are stored in a military-grade vault at a partner bank branch within a 5 km radius of your residence. Additionally, your pledged items enjoy insurance coverage for the entire tenure.
Save more on interest with our overdraft facility against gold, Rupeek Quick. Access funds round the clock from the sanctioned limit and pay interest only on the amount you utilise.
Along with these, our strong presence in prominent localities of Kanyakumari allows us to serve you faster than others.
A personal loan in Kanyakumari is a great friend when you are in financial trouble. However, to resolve that crisis without worrying much, one needs a trusted partner like Rupeek. We offer you instant online gold loans at your doorstep, that too within an hour.
So, contact us, if you are in search of a reliable ‘personal loan lender near me’ for a fair, fast and flexible solution.
Yes, there is a rebate facility available with personal loan repayments with Rupeek. You can avail this facility with regular repayments, and increase the rebate you earn by repaying more frequently.
No, there are no additional charges on prepayment of a personal loan in Kanyakumari with Rupeek.
You can repay online via Rupeek’s gold loan payment portal. Log in with an OTP sent to your registered number, and make payments accordingly.
Yes, you can make partial repayments. However, you must know that the amount should be higher than your monthly interest, but lower than the foreclosure amount.
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