Aadhar Card Loan in Kanyakumari

Aadhar Card Loan in Kanyakumari

Kanyakumari or Cape Comorin is known for its scenic beauty, exotic beaches, and places like Vivekananda Rock and Thiruvalluvar Statue. The Tamil Nadu government invested around Rs. 6,448 crores to set up industries, IT parks and MSMEs in the district. This initiative was meant to boost employment prospects and the state’s economy.

The cost of living has also surged in areas like Nagercoil owing to these developments. To keep up with these expenses, people can turn to instant loan variants like an Aadhaar card loan in Kanyakumari to manage their financial crunch.

What Is An Aadhaar Card Loan?

An individual in need of funds can avail a quick personal loan using Aadhaar card with simple documentation.

Here are some reasons why a personal loan on Aadhaar card Kanyakumari works as a liquidity source.

  • The flexibility of usage lets individuals meet various small-ticket and high-end expenses like wedding, medical emergencies, purchasing equipment, etc.
  • One can avail up to Rs. 50 lakhs as an emergency loan on Aadhaar card Kanyakumari.

Though this instant loan on Aadhar card seems perfect for specific individuals, eligibility requirements can be tiresome for the rest. Besides these, people must know about certain other shortcomings of this financial product to make an informed choice.

What Are The Drawbacks Of An Aadhaar Card Loan?

  • A borrower is required to maintain a 750+ CIBIL score.
  • As the Aadhar card pe loan is unsecured, the interest rate is relatively high. A score below 750 can lead to even higher rates.
  • Alongside the Aadhaar card, a potential borrower may have to submit additional documents like income proof to get a loan on Aadhar card.

These issues can be challenging for someone who’s trying to get a loan on Aadhaar card without salary slips or with a low credit score. To that end, people can consider searching for ‘gold-backed Aadhaar card loan lenders near me’.

These loans are well suited for individuals who are looking for a sizeable source of funds at affordable rates but do not sport a high credit score or are starting out on their jobs or businesses.

Besides these, individuals can also enjoy features like a doorstep service and instant disbursal in 30 minutes with Rupeek. There are other features as well that one must check out in this regard.

What Makes Rupeek’s Gold Loan Beneficial?

Individuals can check these benefits that substantiate our gold as a better alternative against a collateral-free personal loan Kanyakumari.

  • Rupeek allows potential borrowers to avail maximum loan amount against their gold assets. You can receive up to Rs. 1.5 crores.
  • We offer you the exact value against your gold ornaments and disburse the amount within 30 minutes.
  • Individuals can also use our online gold loan calculator to estimate the loan they are eligible to receive. This leaves no place for confusion.
  • The interest rate levied on an instant cash loan on Aadhaar against gold starts at 0.49% per month with Rupeek.
  • We provide flexible repayment schemes to our customers. You can opt for EMIs or choose to pay a preferred amount anytime before the tenure ends.
  • Save up to Rs. 12377 every lakh on gold loan repayments. Transfer your gold loan without hassle instantly by sharing pledge card and KYC documents.
  • Get an extended overdraft loan against gold over and above your primary loan. You can access funds any time from the approved limit. Rupeek Quick also makes for additional savings as interest is calculated only on the used amount.

We also offer optimum security on your gold assets alongside these benefits. Some of its features are –

  • The collected gold is carried in a GPS-enabled bag to and from the nearest bank’s vault. 
  • Complimentary insurance is offered on the collateral.

Localities Where Rupeek’s Services Are Available

These are some of the areas from where you can find Rupeek’s features –

  • Nagercoil
  • Marthandam
  • Thuckalay
  • Colachel
  • Kulasekharam
  • Kuzhithurai
  • Pudukadai
  • Tiruvattar
  • Arumanai
  • Manavalakurichi
  • Thengapattanam

Get an Aadhaar card loan in Kanyakumari against gold and meet all your expenses, planned and unplanned, without hassle. Enjoy the quickest disbursal in 60 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. Do I receive a refund on Aadhaar card loan repayment?

A rebate is not available on the repayment of a standard Aadhaar card loan in Kanyakumari. But, you can avail rebate with regular repayments of a gold loan from us. The refund amount increases with more frequent repayments.

  1. Can I apply for a Rupeek gold loan with a 650 CIBIL Score?

Your credit score does not impact your eligibility for a gold loan. Hence, you can access this financing option with a score of 650.

  1. How can I apply for an Aadhaar card loan?

You can check the preferred financial institution’s website for an online Aadhaar card loan application. You can also contact the customer care of the same for further details.

  1. Is gold loan disbursal quicker than an Aadhaar card loan?

It takes nearly 24 hours for an Aadhaar card loan to get disbursed. Whereas, you can get a gold loan from Rupeek in under an hour.

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