Flanked to the west by the kaliasot dam and to the east by the shahpura canal, chuna batti is a much sought after location for people to live in bhopal. It also draws a lot of visitors. Hence it is reasonably easy to get an gold loan in this area. If you want to visit temples then there are quite a few in this location including maa kali bijasen temple, durga devi temple and hanuman mandir. If you have college going children then they have to choose to graduate from the university of Madhya Pradesh bhoj and the renowned national institute of fashion technology. If you believe in homeopathy or ayurveda then the homeopathic medical college and hospital of the country, and the pt. In this place too is the kushialal sharma ayurvedic hospital. The pollution management board of Madhya Pradesh is also headquartered at chuna batti.
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!
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.
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