Aadhar Card Loan in Thiruvallur

Aadhar Card Loan in Thiruvallur

Thiruvallur is one of the fastest-growing cities in Tamil Nadu. Located on the Cocum River banks, Thiruvallur is known for its spectacular temples and shrines that make it one of the attractive tourist spots in India. 

The economy of Thiruvallur is predominantly dependent on the agricultural sector. The state government has also undertaken several challenging steps like intensive integrated farming, massive wasteland development programme, water management through micro-irrigation system and others to secure higher revenues and enhance the farming community’s financial condition. Furthermore, the city also houses some major industrial companies like Hindustan Motors, TCL, Kingfishers Brewery, and more, which also creates considerable employment opportunities.

A blooming city like Thiruvallur opens avenues for several small- and large-scale businesses for which individuals may face the requirement of funds. An Aadhaar card loan in Thiruvallur proves beneficial in this regards as almost every Indian citizen holds this card and, hence, can conveniently apply for the loan.

Facts And Features Of Aadhaar Card Loan In Thiruvallur

In terms of features, there is almost no difference between a loan on Aadhaar card Thiruvallur and personal loan. Here are some Aadhaar card loan details for borrowers’ understanding –

  • Aadhaar card loans are unsecured, and, hence, borrowers will not have to pledge or present collateral.
  • These loans have no end-use restriction.
  • Both salaried and self-employed individuals can avail this loan.
  • Individuals can get an instant loan on Aadhaar card by providing Aadhaar card as an address proof and essential financial documents as asked by the personal loan providers.

Eligibility Criteria For Loan On Aadhaar Card

To be eligible for Aadhaar card loan Thiruvallur, borrowers have to meet several criteria, like –

  • CIBIL score must be at least 750 or above.
  • Should submit steady income proof, like bank statements, salary slips for salaried individuals, registration certificate, business vintage proof, and/or audited income statements and Balance sheet for self-employed borrowers. 
  • Age limits as specified by respective lenders.
  • Minimum of 1 year’s work experience or business for 2 years.

Apart from this, your lender can also ask to provide you with other essential details as well. You can search for “Aadhaar card loan lender near me” to find available financial institutions and read about their respective requirements.

Prospective borrowers must note that although individuals can avail a quick personal loan using Aadhaar, these factors make the approval process time-consuming. Furthermore, the unsecured nature of an Aadhaar card loan in Thiruvallur also leads to higher interest rates, proving difficult for borrowers in the long run.

A better alternative to this complicated process is to opt for a gold loan. Although secured, these loans are approved within a few hours and also help save interest payment.

Rupeek proves exceptionally beneficial in this regard. Our interest rates start from as low as 0.49% per month, ensuring minimal interest charges. Besides, we also offer a range of other features to help you maximise benefits.

Advantage Of Availing Gold Loan From Rupeek

  • Guaranteed Gold Security

Rupeek takes the utmost care of your jewellery and gold assets. The pledged gold items are transferred to bank vaults within 5 km of your residence in GPS-enabled bags. Furthermore, Rupeek provides a complimentary insurance policy that promises complete coverage in the case of any unforeseen circumstances.

  • Wide Range Of Loans

Get a loan for any requirement against your gold. We offer gold-backed Aadhaar card loan in Thiruvallur between Rs. 15,000, and Rs. 1.5 crores against the pledged gold. You can use the gold loan calculator to estimate your eligible loan amount.

  • Doorstep Service

To complete the entire process, our representatives come to your home. They verify all the documents and assess the gold following which the loan amount is processed and transferred immediately to your account within 45 to 60 minutes. It proves incredibly beneficial for individuals who need immediate loans.

  • Overdraft Facility

Rupeek also offers an overdraft facility against gold if you require additional funds. Known as Rupeek Quick, it lets you access an extended credit line against gold. Moreover, the interest will be charged only on the withdrawn amount and not on the entire fund.

Apart from this, Rupeek also offers flexible repayment option and loan transfer facility, which adds to its list of benefits.

We extend our services at multiple locations in Thiruvallur. Check out the following list if you are looking for a gold loan in Thiruvallur.

Our Service Locations In Thiruvallur

Here is a list of localities where we operate in Thiruvallur –

  • Poonamallee
  • Thiruverkadu
  • Avadi
  • Ponneri
  • Tiruttani
  • Periapalayam
  • Tiruvelangadu
  • Pattabiram
  • Uttukottai
  • Minjur
  • Pulicat
  • Kadambathur

If you are in search of an immediate loan, contact us, and we will reach you anywhere in Thiruvallur.

Forget the worries of a traditional Aadhaar card loan in Thiruvallur and get funds instantly in 60 minutes from Rupeek. Enjoy lowest rates of interest and highest LTV up to 80% with Rupeek.

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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. How to apply for an emergency loan on Aadhaar card Thiruvallur?

Individuals need to visit the official website of their respective borrowers to apply for Aadhaar card loans. They have to fill in essential details in the registration page after which a representative will connect back with them for further processing. Borrowers can also call on customer care number for any query.

  1. What is the interest on unsecured Aadhaar card loan?

The interest is determined by the lending institution based on a person’s eligibility, the repo rate, and their internal policies. So, it can vary based on the financier and RBI’s guidelines.

  1. What are the repayment options offered by Rupeek?

Rupeek offers broadly two repayment options. Individuals can either repay in monthly EMIs or repay the entire amount within the loan term as per their convenience.

  1. Does Rupeek’s Aadhaar card loan against gold come with end-use restriction?

No, Rupeek gold loan does not impose any end-use restriction. Customers can use this loan to meet multiple financial needs.

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