Aadhar Card Loan in Guntur

Aadhaar card loans enable a person to avail funds without submitting several ID and address proofs. The application process for this kind of funding option is quite simple and ensures individuals with quick liquidity. The benefits of availing an instant cash loan on Aadhaar has been listed here. 

• The great thing about this fund is that you use it for anything: funding a business, buying material for business, or even luxury expenses like a car, house, etc. 
• You need to submit only Aadhaar card as ID and address proof.
• You need not pledge any asset to avail a personal loan on Aadhaar card Guntur.

You must also note what limitations you might face with this financing facility.

An Aadhaar card loan in Guntur may seem beneficial after reading through its benefits; however, it comes with its own set of limitations. Read through the disadvantages of a traditional Aadhaar card loan mentioned here. 

• Financiers charge a higher rate of interest because there’s no collateral involved.
• To apply for an immediate loanon Aadhaar card, the approval process is stringent where you need to be eligible for their predetermined criteria to avail instant funds. 
• You still need to submit income proof, like salary slips, Form 16, P&L statement, besides the Aadhaar card
• Aadhaar card payments are also quite strict about their monthly instalments. Failing to pay these instalments may lead to lower credit score. 

These disadvantages may offset the benefits offered by this financing option for specific individuals. You can consider modifying your search for ‘Aadhaar card loan lenders near me’ to gold loan if you’d like to avoid these inconveniences.

Listed here are the differences between a gold loan and Aadhaar card loan in Guntur -

These are only a few basic advantages of a gold-backed personal loan using Aadhaar over its conventional counterpart. You can choose Rupeek to enjoy exclusive features like doorstep service and credit line against gold.

By availing Rupeek gold loan services, you can avail additional advantages, which have been mentioned below. 

1. Affordable Rate Of Interest: Rupeek levies monthly interest rates starting from 0.49% per month. Such low rates help borrowers save sizeably on interest payment.
2. Substantial Loan Amount: You can get a gold-backed Aadhaar card loan in Guntur up to Rs. 1.5 crores with Rupeek. Borrowers have the option to check the gold loan calculator and assess the loan amount to strategise expenditure. 
3. Multiple Repayment Options: We provide various loan schemes for our customers, based on the type of repayment method. You can pay off loans any time you want. You have the option to choose either monthly EMIs or even opt for one-time payment if you choose to. 
4. Doorstep Services: We can reach your home or office within 30 minutes from application. In the next 30 minutes, our loan representative will verify documents, appraise gold items to be pledged and sanction the fund. They remain within premises until the loan amount reaches your account. 
5. Gold Credit Line: We also offer an extended credit line against gold known as Rupeek Quick. It lets you draw funds from the pre-determined limit any time and pay interest only on the amount utilised. 

With these features, you probably understand that it is more suitable to opt for Rupeek gold loan than Aadhaar card loan in Guntur. 

• Thamma Ranga Reddy Nagar
• Mangalagiri
• Velagapudi
• Kanna Vari Thota
• Pedakakani
• Tadikonda
• Prathipadu
• Pedanandipadu
• Amaravathi
• Nallapadu

Individuals can avail our instant doorstep services in and around these localities mentioned above in Guntur. By availing a gold-backed Aadhaar card loan in Guntur within 30 minutes, you can quickly meet all your personal requirements.