In Chennai, Arumbakkam is a posh residential area. Other famous sites, such as Anna Nagar, Koyambedu, and Aminjikarai, surround it. Arumbakkam enjoys fast connectivity through the rail and road networks of the metro. Shenoy, which is 3 km away, is the closest metro station that serves the city. The Chennai Mofussil Bus Terminus links the neighborhood via regular bus service to the surrounding areas. People also take gold loans in Arumbakkam to fiancé their resort travel expenses. Any of the major roads that ensure fast links to Arumbakkam are Poonamallee High Road, Inner Ring Road, Nelson Manickam Road, and Grand Southern Trunk Road. The presence in the neighborhood of educational institutions, laboratories, religious sites, and markets makes life convenient for the inhabitants.
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:
As a secured loan, the online gold loan offers unparalleled convenience, like easy eligibility, minimal documentation, high loan amount, long tenure, flexible repayment options, low rates of interest, and instant loan approval. Because of its simple eligibility criteria, virtually any Indian citizen can avail a gold loan. To avail a gold loan online, your age must be above 18. The purity of the gold you want to mortgage should be 18 Karat and above. The third and the last eligibility criterion is that the gold should be in the form of jewellery or ornaments. Generally, Indian lenders do not accept gold bars or coins for approving the gold loan. To calculate the loan amount, the lender evaluates the quality, weight, and purity of the gold and multiplies it with the previous thirty days' average price of gold. The figure that comes out as a result of the gold evaluation is the loan amount a borrower becomes eligible for.
Your request has been received, our customer relationship manager has been notified and will call you shortly