Personal Loan in Rajahmundry

Rajahmundry or Rajamahendravaram, located on the banks of Godavari River, is Andhra Pradesh’s seventh most populous city. It is also acclaimed to be the birthplace of the Telegu language. Backed by rich historical importance, Rajahmundry is famous for its culture, heritage, temples and scenic beauty. Places like Kotilingeshwara temple, Dowleswaram Barrage, Mandapalli-Mukteshwaram, Markandeya Temple, Maredumilli, and Pushkar Ghat stand testimony to the city’s cultural significance.

The ‘Cultural Capital of Andhra Pradesh’ also boasts strong commercial and industrial sectors. To balance a perfect lifestyle between the growing economy and demands of a modern lifestyle, people of Rajahmundry can depend on a personal loan to meet their financial obligations.

Gold Loan Calculator

Personal Loan – Features

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. 

Distinctions between a Personal Loan and a Gold Loan

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


Personal Loan

Gold-Backed Personal Loan


Eligibility criteria




Cost of borrowing



Benefits of Availing a Personal Loan from Rupeek

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.

Rupeek’s Availability in Rajahmundry

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.

Rupeek ad

Frequently asked questions

1. How can I re-pledge my existing personal loan with Rupeek?

If you are an existing customer of Rupeek and want to re-pledge your valuables, you can contact our customer support team. They will guide you through the entire process.

2. How can I apply for a personal loan against gold with Rupeek?

First, request a loan from the Rupeek website by clicking on ‘apply now’ option or by entering the phone number. Next, our loan manager will visit your residence or office to complete the KYC document verification and gold valuation process. Get the money directly transferred to your account subsequently.

3. How much personal loan can I get with Rupeek in Rajahmundry?

With Rupeek, you can avail a gold-backed personal loan ranging from Rs. 15000 up to Rs. 1.5 crores.

Rupeek ad
gold img
Apply for Gold Loan 30 Minutes Doorstep Service
Please enter valid Mobile Number
success img

Loan Request Successful

Your request has been received, our customer relationship manager has been notified and will call you shortly