One of the major satellite cities of Delhi, Faridabad is a significant industrial hub housing renowned companies like Havells India Limited, Larsen & Toubro (L&T), and India Yamaha Motor Pvt. Ltd. Besides these, Haryana’s largest city comprises several central and union government offices making up for a good percentage of white-collar job-holders in the city.
As rising per capita income fuels individuals’ propensity to consume, soaring inflation requires external funding to improve disposable income. To suffice for people’s spending capacities, an Aadhaar card loan in Faridabad can be beneficial.
Aadhaar card loans are personal loans offered against a primary document like Aadhaar card for KYC. This means of funding is now widely available across lending institutions and has seen increasing demand given their following characteristics.
However, to make the most of these benefits, you must meet your preferred financial institution’s eligibility requirements. Check the specific details when searching “Aadhaar card loan provider near me” into the search bar. The following section offers an overview of the standard criteria you must mandatorily satisfy.
Owing to such funds’ unsecured nature, every Aadhaar card loan centre makes sure applicants match the following parameters before approving their loan request.
Besides, potential borrowers also need to provide documents as proof of their eligibility claims.
Following is a list of mandatory documents that applicants need to submit besides an Aadhar card.
In addition to the above list, applicants might need to undergo more paperwork depending on the lending bank or NBFC. Loan-seekers failing to tick off all items on the eligibility and documentation checklist might not qualify for an instant loan on Aadhaar card. Others who make it through such hard-and-fast eligibility and documentation procedure may bear high rates of interest levied by lenders to curb the lack of security in collateral’s absence.
Why let such hassles of a personal loan postpone your fund requirements?
Take the burden off by pledging your gold ornaments to avail an Aadhaar card loan in Faridabad.
Refer to the following table to understand in detail how a gold loan can benefit you better than a personal loan on Aadhar card Faridabad.
Parameters |
Aadhaar Card Loan |
Gold Loan |
Loan Type |
Unsecured |
Secured |
Interest Rate |
High |
Low |
Eligibility |
Stringent |
Applicant must be aged 18+ and own adequate gold |
Documentation |
Elaborate |
Minimal |
CIBIL score |
Must be above 750 |
Not required |
Optimum Loan Amount |
Comparatively lower; sanctioned depending on the applicant’s eligibility |
Higher; depends on the amount and current market rate of pledged gold |
Processing Time |
Can take up to days |
Within 1-2 hours |
To avail these contrasting benefits of a gold-backed emergency loan on Aadhar card Faridabad besides more attractive offers, refer to Rupeek Fintech. We are an RBI-certified NBFC extending feasible financial aid to willing individuals with a variety of loan schemes to choose from.
Some of the unique reasons that make Rupeek your most ideal gold loan partner are as follows.
Rupeek lets you avail these beneficial gold loan services over Aadhaar card loan in Faridabad from anywhere in India, including your neighbourhood in Faridabad.
Enjoy our offers on gold-backed paperless loan Faridabad from the following prominent areas in Faridabad.
Besides the above locations, we extend our services to every nook and corner of Faridabad, for a more seamless borrowing experience. For more details, contact us or visit our website for a quick gold-backed Aadhaar card loan in Faridabad.
With Rupeek’s highest per gram rate, avail up to 80% of your gold value, capped at Rs. 1.5 crores.
You can increase credit score with an Aadhaar card loan against gold if you make timely repayments. It also improves your credit mix, which has a positive impact on the score.
Rupeek offers speedy disbursal of a loan with an online application process. Post doorstep verification and gold appraisal, the loan is approved and transferred to your account within a minimum of 30 minutes.
Yes, you can choose to foreclose your loan. It does not entail any additional pre-payment charge.
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