Maidan Garhi is a popular residential hub in East Delhi. It is nestled between the luxurious Sainik farms, Satbari, Fatehpur Beri and Ansal Villas. People often come to this part of the city to move away from the noise of the city and enjoy their time peacefully. Many residential plots and properties are up for sale in this area. It mostly attracts the middle- income and high- income prospects looking to invest in real estate. It is located close to Chattarpur. It is well- connected to commercial hubs like Gurgaon, thus making it an ideal place for employees to settle. Residents of the area avail gold loans in Maidan Garhi to buy gold and invest on real estate.
When you require emergency funds or urgent loans, a gold loan is one of the most flexible and hassle-free loans that you can acquire. A few of the benefits that are exclusive to gold loans are listed below:
Gold loan is the most flexible and popular source of funds in the Indian financial market. A gold loan is a secured loan, which means that to obtain quick funds or emergency loans, the borrower has to pledge their asset (in this case, their gold) with the lender to obtain funds in return. A secured loan is also known as a collateral-based loan since the funds can be availed only against the asset of the borrower. Gold loans owe its popularity to its attractive features such as:
Using a gold loan, the borrower can get up to 75% of the market value of the collateral as the loan amount. In some cases, up to 90% can also be disbursed as the loan. Instant gold loans are so true to their name that the funds get transferred to the borrower’s account within one hour from the loan application.
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