Alur is a small town on the andhra- karnataka boundary, 103 km from kurnool. This town is home to two famous temples, the lord navanepattayya swamy temple and shirdi temple's revolutionary lord sai baba, situated in the middle of the town near nation highway 167. This temple provides financial services for different schools arouding the area. The anjaneya swamy temple is a picturesque temple in the forest situated just outside alur. The town's inhabitants use this temple to commemorate weddings and other popular events. gold loans are a common occurrence amongst people in alur. The temples though beautiful and important are not usually from alur attracting visitors or pilgrims the hindus who use this temple.
As a secured loan, the online gold loan offers unparalleled convenience, like easy eligibility, minimal documentation, high loan amount, long tenure, flexible repayment options, low rates of interest, and instant loan approval. Because of its simple eligibility criteria, virtually any Indian citizen can avail a gold loan. To avail a gold loan online, your age must be above 18. The purity of the gold you want to mortgage should be 18 Karat and above. The third and the last eligibility criterion is that the gold should be in the form of jewellery or ornaments. Generally, Indian lenders do not accept gold bars or coins for approving the gold loan. To calculate the loan amount, the lender evaluates the quality, weight, and purity of the gold and multiplies it with the previous thirty days' average price of gold. The figure that comes out as a result of the gold evaluation is the loan amount a borrower becomes eligible for.
If you are looking to source immediate funds at short notice, online gold loans are your go-to avenue! The eligibility criteria are relaxed, it requires only minimal documentation, you are eligible for a higher loan amount (though the upper cap is contingent on the value of your gold), you can choose from a range of flexible repayment options, the benefits are endless! The documentation requirement can be split into two parts:
1) Identity Proof- Documents that serve as identity proof include but are not limited to:
* Voter's ID
2) Address Proof- Documents that serve as identity proof include but are not limited to:
When it comes to gold loans, most lenders allow the borrower the latitude to avail a loan using just the king of all documents- The Aadhaar Card. Since it contains almost all the necessary information including Name, DOB, Name of parents/spouse, Address, Biometric information, and Iris Pattern Scan it acts as an all-rounder when it comes to documentation!
All kinds of loan repayment options can be done and completed online. No matter what type of repayment of the gold loan in Kurnool it is that the lender wants to complete, it can be done online. The repayment option that the lender is resorting to complete online can include:
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