Aadhar Card Loan in Ghaziabad

Aadhar Card Loan in Ghaziabad

Ghaziabad, one of the largest cities in western UP, is a part of the National Capital Region of Delhi. The city’s infrastructural development is the recent highlight, including the development of Hindon elevated roads and metro connectivity. 

These developments have led to ever-escalating economic activities and higher personal expenses. To bridge the gap between income and expenses and maintain a healthy reserve of savings, individuals can turn to an Aadhaar card loan in Ghaziabad.

Why Are Aadhaar Card Loans Beneficial?

Minimal documentation is one of the primary advantages of this loan variant. One only needs to submit an Aadhaar card for identity and address proof. Besides, it comes with no end-use limitation, meaning it can be used to fund various expenses.

Who Is Eligible For An Aadhaar Card Loan In Ghaziabad?

Before applying for a loan on Aadhaar card, there are certain criteria you need to fulfil to be eligible. Below-mentioned are the standard parameters checked –

  • Borrower’s CIBIL score, 750 or higher is preferred
  • Monthly income
  • Applicant’s age
  • A stable income source, which they determine by checking employment history
  • Applicant’s debt to income ratio

It is imperative to note that there may be additional criteria that a person shall satisfy to qualify for an Aadhaar card loan in Ghaziabad. A person ought to check these when searching for ‘Aadhaar card loan lenders near me’.

Based on how eligible a person is, the loan amount and interest rate are determined. Individuals with a low credit score or inconsistent income may not be able to avail a high loan amount. Also, interest rates charged can also be as high as 21% p.a. for them.

In these cases, a person can turn to a gold-backed quick personal loan using Aadhaar. Even highly eligible individuals can also choose a gold loan.

Why Choose Gold Loan Over An Aadhaar Card Loan?

Mentioned here are the advantages that come with applying for a gold loan. 

  • Extensive documentation isn’t required as you only need to provide your KYC documents to apply for a gold loan. 
  • As gold loans are secured, the interest rate is lower than a personal loan using the Aadhaar card. 
  • CIBIL score isn’t taken into consideration when approving an application for gold loan. 
  • A higher loan amount can be availed as per the value of gold ornaments pledged as collateral.

These are only the basic advantages of a gold loan over a conventional Aadhaar card loan. Individuals looking for additional benefits like instant doorstep service alongside other features can opt for Rupeek.

What Does Rupeek Offer?

Here are certain reasons to opt for Rupeek gold loan services: 

  1. Individuals can get a loan as high as Rs. 1.5 crores with Rupeek. They can use our online calculator to determine the loan quantum they’re eligible for or the gold quantity they need to pledge to get their required amount.
  2. The rate of interest levied on a gold loan can be as low as 0.49% per month with us.
  3. To be eligible for a Rupeek gold loan, you need to be 18 years and possess necessary OVDs for KYC, like an Aadhaar card. 
  4. Also, we observe best-in-class security measures to ensure that your gold remains safe as long as it is with us. We transport your gold to the nearest vault in a GPS-traceable bag to ensure you can keep track of where your gold is headed. 
  5. We provide instant doorstep gold loan services. Our officials arrive at your premise within 30 minutes of applying. It takes another 30 minutes to complete the document verification, gold appraisal and fund sanction process. Officials will remain within premise until the fund reaches your account. 
  6. We also offer a hassle-free loan transfer option, where you can save substantially up to Rs. 12377 every lakh and enjoy other perks offered by Rupeek.
  7. You can also avail our loan overdraft facility known as Rupeek Quick. You can use the sanctioned limit as per your requirement and withdraw money as and when required. Also, you pay interest only on the utilised funds instead of the total principal. 

Our extensive service network across all the central localities of Ghaziabad is another reason why individuals turn to us during any financial crunch.

Where Do We Offer Our Services In Ghaziabad?

  • Crossings Republik
  • Mohan Nagar
  • Vasundhra
  • Sahibabad
  • Vaishali
  • Loni
  • Shastri Nagar
  • Meerut Road
  • Kaushambi
  • Indirapuram
  • Tronica City
  • Govindpuram
  • Raj Nagar extension
  • Kavi Nagar

Do away with the hassles of a conventional Aadhaar card loan in Ghaziabad with a gold loan from Rupeek. Enjoy best-in-class services, like doorstep services, loan up to Rs. 1.5 crores and minimised interest rates within just 30 minutes.

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Benefits of Gold Loan over Aadhar Card Loan.
  • <1 lakh
  • 2 lakh
  • 3 lakh
  • 5 lakh
  • 10 lakh
  • 20 lakh
Comparision Parameters Aadhar Card Loan Gold Loan
Interest Rate 2.39% 0.49%
Monthly Interest Amount
Eligibility & Documentation More Documents Needed Only KYC Needed
Processing Time & Disbursement 2 days to 1 week Within a day
Required Gold Weight -
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Frequently asked questions

  1. Does Rupeek accept all gold items during gold loan application?

Rupeek accepts all gold ornaments of purity between 18 carats and 22 carats. However, we don’t accept assets such as gold bars and coins. 

  1. How much loan amount can you get with Aadhaar card loan in Ghaziabad?

The loan amount depends on the lender and a borrower’s eligibility. The lender will offer amount as per the borrower’s credit score and monthly disposable income. It can go up to Rs. 50 lakhs.

  1. What is an Aadhaar card loan calculator?

It is an online calculator to calculate the total repayable amount and interest you need to incur. You need to input the loan amount and tenure to view these figures.

  1. Can I get a gold-backed Aadhaar card loan faster than a conventional loan?

The pace of approval can change based on the lending institution. We offer gold loans in under an hour. On the other hand, a conventional Aadhaar card loan takes at least 24 hours to process.

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