Dadri, one of the very well connected towns in UP's Gautam Budhha nagar District, is widely spread between the NH 34 also known as GT Road. It provides major access through out all cities in the National Capital Region. The nearby stations are Dadri and Boraki Railway Stations. Dadri being such a highly accessible place, the Shiv nadar University here also gets a lot of admissions from students all over the cpuntry every year. With that being said most of the students here like to apply for loans as they require the money for their studies. Gold loan in Dadri, hence is quite a booming facility. At the same time, it is also a flourished wetland housing the famous blackbuck and nilgai.
An online gold loan offers unparalleled benefits. To avail a gold loan, you need to register yourself as a borrower and mortgage your gold ornaments. The best feature of an online gold loan is that the entire process of the loan application and approval takes place online. Hence, the location of the borrower does not matter. Usually, the lender sends a loan officer to the borrower within half an hour of getting the loan request, who verifies the gold, and gives a quote. On successful verification and subsequent approval, the lender then sends the amount directly to the bank account of the borrower. With an online gold loan, a borrower can get up to 75% of the gold's average market value. As it is a secured loan, the rate of interest is lower than many other types of instant loans. Additionally, a borrower can apply for a gold loan only with the Aadhaar Card.
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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