The coastal city of Kakinada consists of a diverse industrial base of fertilisers, iron/steel, sugar, petroleum products, edible oil, and biofuel, among others. Apart from this, the city’s economy largely depends on agriculture and fishing, which contributes substantially to the state’s revenue. Kakinada also exports several of its agricultural and seafood products, and others like bauxite powder and biofuel.
With the rapid developments, the expenses to meet basic necessities have also seen a considerable rise. To meet these financial requirements efficiently, an Aadhaar card loan in Kakinada can be an advantageous option. Furthermore, since almost all Indian citizens mandatorily hold an Aadhaar card, borrowing funds has become even more convenient with this facility.
Aadhaar card loan is a type of personal loan Kakinada. Individuals can avail an instant loan on Aadhaar card by showing only the card as a KYC document and avoiding the complicated verification process’s hassle.
To avail a quick personal loan using Aadhaar card, borrowers will have to meet a set of eligibility criteria as mentioned below:
Apart from this, borrowers may have to meet other specific requirements of the respective personal loan provider Kakinada to apply for an instant cash loan on Aadhaar card. If you want to look for the possible loan providers in your city, search for “Aadhaar card loan provider near me” for quick results.
However, one must note the inconveniences of availing an Aadhaar card loan Kakinada, which might be a fact of concern for several borrowers:
All these factors make a conventional Aadhaar card loan in East Godavari a difficult option to access. As an alternative, individuals can turn to a gold-backed Aadhaar card loan. It offers nearly similar benefits but sans the shortcomings mentioned above.
Furthermore, to maximise the benefits one reaps from a gold loan, people can consider Rupeek.
Rupeek provides several industry-leading features that make the borrowing experiences extremely smooth and advantageous.
Rupeek uses GPS-enabled bags to safely carry your pledged gold from your home to the nearest bank vault. Apart from this, Rupeek also offers a door to door insurance policy that guarantees a complete cover in case of any mishap.
After you request an application process on our portal, our representatives will visit your home to complete the KYC verification and gold assessing process. Following which, the loan amount is instantly processed and disbursed within a period of 45-60 minutes
Rupeek offers the highest per gram rate. Individuals can secure a loan to value proportion of almost 80%, which can be anything between Rs. 15,000 to 1.5 crore. Borrowers can use the gold loan calculator on our website to estimate their eligible loan amount.
Rupeek offers you a flexible repayment structure. Borrowers can repay the gold-backed Aadhaar card loan in Kakinada at once, anytime during the tenure, or they can also pay every month.
Rupeek also allows the option of loan transfer. If you think you are paying higher gold loan interest rates, you can conveniently transfer the outstanding loan amount to Rupeek and save up to Rs. 12,377/lakh. The process is straightforward, and you can enjoy other benefits, like 100% insurance cover and more.
Apart from this, Rupeek also offers an overdraft facility against gold loans known as Rupeek Quick. If you need additional funds, you will be provided with an extended credit line over the current gold loan. The amount is disbursed immediately without any supplementary documentation and Rupeek will charge the interest only on the amount withdrawn from the credit limit set.
We serve in multiple locations in Kakinada, like:
Therefore, if you feel that financial tools like pan card loan and Aadhaar card loan Kakinada are not adequately beneficial for you, avail an instant online gold loan from Rupeek. Get funds instantly at rates as low as 0.49% and meet all expenses hassle-freely.
The maximum loan amount you can access with your Aadhaar card depends on the lender and several factors like your CIBIL score, repayment history, and spending profile. Most financial institutions offer up to Rs. 50 lakhs without collateral.
Financiers extend loan only when you have a stable income source, irrespective of whether it comes in the form of salary or profits. But, most financial institutions prefer salaried individuals because their repayment capacity can be better pegged.
Yes, Rupeek gold loan is virtually paperless. All you need to submit are KYC documents.
Rupeek accepts all kinds of gold jewellery, which are at least of 18 carats. However, we do not accept gold coins or bars.
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