The capital city of Tamil Nadu, Chennai is home to several renowned destinations like Kapaleeshwarar Temple, Marina Beach, and Santhome Cathedral Basilica. Besides housing major hardware manufacturing, automobile, and technology industries, Chennai earns its nickname “India’s health capital” owing to its extensive healthcare infrastructure. It comprises public and private sector hospitals like TB Sanatorium, National Institute of Siddha, and SRM Medical College Hospital and Research Centre, which draw in a significant percentage of health tourists every year.
Many of these visitors and residents often seek emergency external funding options like Aadhaar card loan in Chennai to keep up with the soaring medical expenses and other financial requirements like accommodation.
The government of India introduced the Aadhaar card in 2009 as a single document comprising biometric data, which can act as a proof of identity, age, and residence. It has simplified the KYC verification and application process for personal loans, giving it the name Aadhaar card loan.
This means of funding has gained considerable popularity, given its following features.
Personal loan providers Chennai offer credit worth up to Rs. 50 lakhs, depending on the borrower’s eligibility.
Applicants do not require pledging any asset to avail a personal loan Chennai. Instead, lenders decide loan approval based on their creditworthiness.
Banks and NBFCs do not demand or monitor the purpose of availing a personal loan on the Aadhaar card. This affords borrowers the liberty to decide the utility of their acquired funds, which can be anything, including:
While these benefits might impel more loan-seekers to turn to an instant loan on Aadhaar card, not everyone can make it through the strict approval procedure of this borrowing option.
With rising delinquency rates, personal loan providers Chennai have become extra vigilant of applicants’ creditworthiness. They make sure only the ones meeting the following parameters are allowed to avail such funds.
Applicants failing to meet any one of these eligibility criteria might have difficulty getting an Aadhaar card loan in Chennai. Besides, they also need to produce a long list of documents to support their claims of eligibility.
A majority of individuals opting for an emergency loan on Aadhaar card Chennai without getting down to the nitty-gritty must know that it involves several documents besides Aadhaar card. These include:
Additionally, the documents for employment and income proof have been listed below for –
Such a lengthy documentation process naturally delays loan approval, making it difficult for individuals to avail an immediate loan through this means. Moreover, unsecured nature invites interest rates as high as 23%.
Find yourself stuck in a similar situation?
Address your financial requirements with a gold-backed loan on Aadhaar card instead.
Any individual failing to meet the requirements for a personal loan or willing to avoid the hassles of such a complex loan procedure altogether can benefit from the following advantages of a gold-backed fund.
If you are struggling to avail collateral-free immediate funds owing to poor credit history, it is time you choose us from among your “Aadhaar card loan provider near me” searches. Pledge your otherwise idle gold jewellery and avail the best offers on loans from Rupeek.
We aim to make financial aid available to all classes of loan-seekers with various loan schemes to choose from besides the following advantages.
Besides the above benefits, Rupeek also offers a gold overdraft loan facility exclusive to existing customers.
Members of our customer base can avail an overdraft loan against gold titled Rupeek Quick. Borrowers can access funds from this sanctioned limit anytime as per their requirements. Additional benefits of this facility include a zero-documentation procedure and interest payment only on the amount withdrawn instead of the entire credit limit.
We also follow a 30-minute loan disbursal policy at select locations in Chennai.
Apply for an Aadhaar card loan in Chennai against gold on the Rupeek website from the enlisted areas.
Do not let living in a metropolis strain your disposable income. Apply for a gold-backed Aadhaar card loan in Chennai from the Rupeek website and enjoy best offers on loan repayment.
Yes, Rupeek offers Aadhaar card loan against gold with minimal documentation, involving only identity and address proof. Our flexible eligibility criteria only require applicants to own adequate gold and be above 18 years of age.
When shortlisting the best gold loan provider, individuals must look out for the interest rates, gold security, and loan value offered. Moreover, they must also consider repayment procedures and additional charges.
Our security procedures are ISO 9011:2015 certified. We transport gold items via GPS-secured bags. Upon reaching the nearest partner bank, all collaterals are stored in their secure vaults, where they are kept under 24x7 military-grade surveillance. Additionally, Rupeek offers 100% insurance coverage for pledged gold jewellery against any unforeseen events like damage or theft.
If your registered mobile number becomes out of service during an ongoing loan, kindly contact our customer service team to help us update the modified contact information into our database.
In case you find a mismatch with your returned gold, kindly contact our customer helpdesk.
Your request has been received, our customer relationship manager has been notified and will call you shortly