Aadhar Card Loan in Rajkot

Traditionally, the Aadhaar card loan is an unsecured credit you can avail from financial institutions by producing your Aadhaar card for KYC verification. Its restriction-free usage feature lets individuals use this financing option to address a range of obligations. Lending institutions offer up to Rs. 50 lakhs as an Aadhaar loan.

Individuals need to provide the following documents to get an instant loan on Aadhaar card.

Besides submitting necessary documents, individuals need to meet specific parameters to be considered eligible for a conventional Aadhaar card loan.

Primary requirements for availing a personal loan on Aadhaar card are:

1. High Credit Score: A high CIBIL score of at least 750 out of 900 is essential to increase your loan approval chances.
2. Reliable Income Statement: A regular paycheck or source of income always helps the lender measure your capacity to repay the loan amount.

Requirements for an instant cash loan on Aadhaar card can differ, depending on the financial institution you are availing the loan from. Make sure to be thorough with this aspect.

Note that, specific financial institutions may extend an unsecured loan on Aadhaar card even if you have a credit score below 750. The loan amount may not be sizeable in that regard, or the interest rate may be higher.

Besides, the lengthy eligibility check can make this option unsuitable for those looking for an immediate loan in Rajkot. One can consider taking a gold loan to this end.

To have a comprehensive knowledge-based opinion, here are some pointers that distinguish a gold-backed Aadhaar card loan from its conventional counterpart.

Gold Loans:

1. Lower interest rates help you economise borrowing, especially for purposes like debt consolidation.
2. Fast disbursal makes gold loans an ideal choice for those looking for financial aid urgently.
3. Only KYC documents required.

Aadhaar Loans

1. Unsecured financing option brings in the hassle of documentation.
2. Longer processing time.
3. Higher interest rate is not always a feasible option for many customers.

Hence, it may be more suitable for individuals who are new to credit or does not sport a high credit score to opt for a secured variant when looking up ‘Aadhaar card loan providers near me’. What’s more, individuals can enjoy a range of other benefits by choosing Rupeek.

If you are unsure of which lender to choose, here are a few reasons why you should select Rupeek’s gold loan in Rajkot:

1. Online Processing: You can easily apply for a gold-backed Aadhaar card pe loan by registering with your phone number on Rupeek’s website. Our loan manager will visit you shortly at a place of your convenience to complete the formalities after setting an appointment with you.
2. Security: Our loan managers carry pledged gold ornaments in a GPS-enabled bag, so it remains traceable till it reaches the agreed bank vault. Rupeek also provides with complimentary insurance coverage to ensure complete safety of the valuables.
3. High Value For Gold: Rupeek offers a considerably high rate for your gold accessories, making it a go-to option if you are looking for a more considerable sum at your disposal quickly. You can also check the estimate of your pledged gold ornaments using Rupeek’s gold loan calculator.
4. Repayment Flexibility: Rupeek offers multiple repayment schemes from which you can choose. You can pay with easy instalments monthly or disburse instalments as per your preference and convenience during the repayment term.
5. Rupeek Overdraft Facility: Rupeek’s gold overdraft facility, or simply Rupeek Quick, is an ideal solution to meet any unavoidable expenses you need to incur. It’s an extended line of credit, providing you with access to funds any time. The key benefit of this feature is you need to pay interest only on the amount you withdraw from the entire approved amount.

For example: If you have pledged gold to extend your credit limit by Rs. 80,000, and you use only Rs. 30,000 of it, you need to pay interest only for Rs. 30,000 as per the number of days you took to repay the same.

We are always working to serve you better and faster. Individuals can avail our gold-backed quick personal loan using Aadhaar at their doorstep with us in and around the following locations:

• Dhebarbhai Road
• Gondal
• Rajkot Marketing Yard
• Paddhari
• Wankaner
• Rajkot Metoda Gidc
• Sapar Veraval
• Sardhar
• Rajkot Raiya Road
• Mota Mava
• Virnagar

With our strong presence in the city, get an Aadhaar card loan in Rajkot against gold in just 60 minutes. Forget the inconvenience of high interest rate and lengthy documentation and meet all financial obligations affordably.