A metropolitan city in Madhya Pradesh, it is being said that the city was founded as far back as the 8th century by a local chief tan named Suraj Sen. During the uprising in 1857, Gwalior was a main site of the rebellion. The major sources of revenue for the city include textiles, chemical, manufacturing, diary, and handicraft industries. Surrounded by industrial hubs, business organizations thrive in the city. Gwalior Fort, Man Singh Palace, Jai Vilas Palace, Sahastrabahu Temples, Bateshwar Temples, Teli Ka Mandir, Moti Mahal, Tomb of Muhammad Ghaus, Tomb of Tansen, and Sun Temple Gwalior are the major tourist attractions of the city. The city is also home to the Lakshmibai National University for Physical Education, which is one of the largest institutions for sports in Asia. The Tansen Music Festival is celebrated in the city annually. The Gwalior Trade Fair is also another auspicious fair that takes place in the city every year. The people depend on gold loans in Gwalior for their business as well as personal needs.
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!
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.
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