Bibewadi is situated in the South-side of Pune. It is a residential locality. The best thing is that it is only 8 km away far from the Pune railway junction, 17 km far from Pune airport, and about 6 km away from the city centre. In the surrounding area of 10-15 km of Bibewadi, there are plenty of IT pretty well-connected industry hubs. A few of the most noticeable industries as well as IT sectors in the nearby locations are Ramtekdi industrial area, Cybercity Magarpatta, Hadapsar Industrial Estate, Cerebrum IT Park, SP Infocity, Tyni Audyogic Wasahat, and Mundhwa Industrial Area. Bibewadi is a pretty civilized and attractive city with all the basic amenities like markets, colleges, malls, schools, and hospitals that are available in nearby distances. People who are residing in this city could even afford posh living. Still, there are several instances of time where people are in need of instant money. Applying for a gold loan in Bibewadi is the most straightforward and perfect way to get instant cash.
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.
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.
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