Dumas Road is not only a prime road but also a shopping zone in Surat. The beginning of this road is from the Athwa Gate Circle on Ring Road and it ends at the Dumas Beach that is located along the Arabian Sea. Dumas Road is filled with several industrial establishments to match the urban world. It is a common sight to find business consultants, restaurants, hotels, banks, etc. along this road. Central Mall, VR Surat, and Rahul Raj Mall are the most prominent and trending shopping malls on Dumas Road. The place is a huge attraction for shopping enthusiasts. Individuals as well as business organizations often apply for a gold loan in Dumas Road in order to satisfy their business needs. Surat Railway Station is at a distance of 13 km from Dumas Road, while Surat Airport is only 3.5 km away.
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 far as forms of credit go, online gold loans provide a range of peerless flexibility! Here are some of the basic eligibility criteria that you need to meet if you are looking to avail an online gold loan-
1) Since lenders prefer disbursing loans to borrowers that are domiciled within the same geographic boundaries as theirs, you will have to be of Indian nationality and residing in India to avail a loan.
2) You must be an independent major, that is of the age 18 or above
3) Since, usually, Indian lenders do not approve gold coins or bars, the collateral you are looking to secure your loan with has to be gold in the form of jewelry or ornaments.
4) The jewelry you are looking to pledge must be 18 Karat or above (Karat is the measure of the purity of gold)
It is noteworthy that the loan amount you are eligible to receive is bound to vary from the market gold rate. This is due to the fact that lenders don't go by the current market price and instead arrive at the average gold rate based on the rate from the past 30 days.
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