In Ahmedabad, the Ellis Bridge is an iconic century-old bridge linking the city's eastern and western sections. The town of Ellisbridge takes its name from the bridge. It was the first place that was founded outside the walled town. Located on the banks of the Sabarmati River, there are several residential settlements, educational institutions, and hospitals in the Ellisbridge area. Among the area 's major leisure clubs are the Oriental Club and Ellis Bridge Gymkhana. To have a nice time , people also visit these sites. They focus on gold loans in Ellisbridge to tide over economic needs. Several major hotels provide rooms for guests, such as the Inder Residency, Radisson Hotel, The Westend, Hotel Shalin Suites, and Hotel Chicago. Ellisbridge's Lalbhai Dalpatbhai Institute of Indology and Law Gardens are among the nearby attractions.
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.
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.
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