The incredibly beautiful archeological site, akhnoor is located on the banks of the chenab river at the foothills of the himalayas. The place gets its name from the mughal emperor jahangir who visited the place on recommendation when he named the place ankhon-ka-noor to try cure for his sore eyes. The town is declared for its historical and archeological significance as the last bastion of the indus valley civilization. Various buddhist relics were found on excavation which added religious significance to the site. To get a glimpse of this area, many tourists and visitors from all walks of life take a trip to akhnoor. The presence of numerous monuments makes it a very popular tourism destination, to keep up with the amount of gold loans made available to tourists in akhnoor.
Since a gold loan is a secured loan, it offers many benefits that the other sources of funds do not offer. Some of the benefits offered by a gold loan include:
The requirement for eligibility for a gold loan isn’t much. To avail a gold loan, the borrower has to fulfill the below-mentioned criteria:
The loan amount is then calculated by the lender by multiplying the quality, purity, and weight of the gold. The lender then multiplies it with the average price of gold for the past thirty days. The resultant amount id the loan amount that the borrower can borrow.
A gold loan is the perfect solution when a borrower is looking for urgent loans or emergency funds. With the help of an instant gold loan online, the borrower can receive the required funds in less than an hour. The borrower is eligible to get up to 75% of the market value of the pledged gold as the loan amount. Unlike many other sources of funds, an online gold loan requires minimum paperwork before giving the loan approval. The required documents are:
Some lenders also approve the loan against just the Aadhaar Card of the borrower. The Aadhaar card is the most important document for an Indian, which has all the details regarding name, father’s and mother’s name, address, biometric information, iris scan, etc. Therefore, it can function as the identity proof as well as the address proof.
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