Bhopal, the capital of Madhya Pradesh, is one of the greenest cities in India and it is renowned for its scenic lakes. The late 11th century King Bhoj, after whom the city was named as Bhopal, had actively engaged in constructing multiple dams and lakes in and around the city. This place is acknowledged for its archaeological richness. The city is desired for its handicrafts, leather products, ready-made garments and embroidery. One can also find several established academic institutions and business oriented industries here. The people prefer availing gold loans in Bhopal with respect to arranging funds for businesses. The mouth-watering dessert, Mawa Bati, is the best part of the local cuisine. Some of the popular places for sightseeing are Upper Lake, Taj-ul-Masajid, Van Vihar National Park, Bharat Bhawan, Indira Gandhi Rashtriya Manav Sangrahalaya and the Tribal Museum of Madhya Pradesh.
An online gold loan is the most straightforward secured loan you can avail when you require instant cash. The easy eligibility criteria and high loan amount make a gold loan one of the most popular loans in India. Usually, lenders approve up to 75% of the gold's market value; although at times, the upper limit may go up to 90%. The final amount would depend on the previous thirty days' average gold price and the quality and Karat of the gold. To avail an online gold loan, the borrower has to download the lender's app or call the customer helpline. After this, a loan officer would schedule a meeting and visit the borrower's residence or office and value the gold. Generally, the loan amount gets transferred to the borrower's bank account within ten minutes of loan approval. The total time from loan application to loan approval can be anything from half an hour to an hour.
The benefits a borrower can reap from an online gold loan are boundless! All you need to do to avail an online gold loan is download the lender's app and place a loan request. One of the best features of a gold loan is that this process can be done online entirely without manual intervention provided that is what the borrower prefers. The borrower also has the flexibility to place a call on the lender's customer care number to avail the same if he/she were to feel like they might need assistance with the process. All this happens right from the comforts of your home. Even when it comes to gold valuation, you do not need to venture out with expensive gold in your pocket! The lender assigns a representative that will visit you at a location and time as stipulated by you. While an online gold loan does require a few basic documents, you can also avail a loan with just your Aadhar card! As a borrower, you are eligible to receive up to 75% of the gold you are pledging. If both parties are in agreement with the loan amount, the loan is disbursed to your account within a matter of 10 minutes. What's more, the entire process takes only an hour end-end!
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