Personal Loan in Rajahmundry

Before applying for a personal loan in Rajahmundry, individuals should have a clear understanding of the following features.

• Collateral-free: Most financial institutions in Rajahmundry, Andhra Pradesh do not require borrowers to provide any collateral to avail a personal loan.
• No-End Use Restriction: Personal loans enable borrowers to utilise the funds as per their requirement. Lenders do not impose any restriction on the loan’s usage.
• Eligibility: Due to the unsecured nature of these loans, lending institutions put added emphasis on a person’s credit score (750 or above) and income level.
• Documentation: An eligible salaried personal loan applicant must submit key documents like address proof, identity proof, and income proof.

The unsecured nature of these loans invites a higher rate of interest. Moreover, the extensive documentation makes the process of availing a personal loan relatively time-consuming. For such reasons, people in Rajahmundry can opt for gold-backed online personal loans for its several beneficial features. 

The following comparison table will further highlight the benefits of a gold loan.

Prospective borrowers can expect the following benefits from our financial services at Rupeek:

• Quick Disbursal

From applying for an online personal loan in East Godavari to fund disbursal, the entire process only takes around 45 – 60 minutes.

• Doorstep Services

Borrowers looking to secure funds from the comfort of their place can benefit significantly with our doorstep instant gold loan services.

• Nominal Interest Rate

Our personal loan interest rates start at 0.49% per month. The lower interest rates help borrowers to enjoy reduced cost of borrowing.

• Highest LTV

With us at Rupeek, borrowers can enjoy LTV up to 80%. Moreover, by using our gold loan calculator, individuals can estimate the loan amount they would get by availing our instant personal loan against gold in Rajahmundry.

• Easy Repayment

We provide our borrowers with several repayment schemes. Our borrowers can choose EMIs, pay instalments anytime during the tenure at their ease, or repay with a single bullet payment.

• Gold Overdraft Facility

Avail funds instantly from anywhere at any time with our gold overdraft facility, also referred to as ‘Rupeek Quick’. The prime benefit of this facility is that borrowers pay interest only on the sum they withdraw from the limit sanctioned. 

What’s more, our broad network coverage across Rajahmundry allows us to ensure timely service every time.

Individuals can access our services in and around the following locations in Rajahmundry: 

• Rampachodavaram
• Draksharamam
• Danavaipeta
• Maredumilli
• Kadiyam
• Mandapeta
• Lakshmi Puram
• Konthamuru
• Ramachandrapuram
• Korukonda

With our financial services at Rupeek, individual’s search for a ‘gold-backed personal loan provider near me’ comes to an end. Get in touch with us today to experience the best personal financing in Rajahmundry.