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We offer the highest per gram rate on our gold loans.
Get a New Gold Loan
Instant 30 minuntes
Shift your Existing Gold Loan
Save ₹37,131*
We offer the highest per gram rate on our gold loans.
Gold Loan in Kanyakumari
The coastal town of Kanyakumari in Tamilnadu is the country’s southernmost tip. It serves as a major tourist attraction in India where millions of pilgrims and travellers visit, throughout the year. Besides the fascinating confluence of the Bay of Bengal, the Arabian Sea and the Indian Ocean, the town is highly visited for places like the Vivekananda Rock Memorial and the 7000 tons and 133-feet tall Thiruvalluvar Statue. According to history, the town had been ruled by the Venad Kingdom, the Pandyas, the Cheras, the Cholas, the Ays and the Nayaks. Some of the other celebrated tourist sites are the Gandhi Memorial Mandapam, Bhagavathy Amman Temple, Tsunami Memorial Park and Kamarajar Mani Mantapa Monument. The town is majorly constituted by the Hindus, who are then followed by the Christians and the Muslims. Availing gold loans in Kanyakumari is the popular choice among local businesses and people.
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Benefits of an online gold loan
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:
- Low loan interest rates
- the interest rates are less because of the security of the collateral.
- Minimal documents – the only documents that the borrower is expected to submit are the address proof and identity proof
- High-value loan – up to 75% of the market value of the gold can be obtained as the loan and in some cases, up to 90%.
- No upper limit – the amount that you can obtain is determined by the value of the pledged gold.
- No requirement of income proof – the borrower can be unemployed or have an irregular income and still get a gold loan.
- No requirement of credit history – the borrower can have a poor credit score or CIBIL score and still be eligible for the loan.
- Flexibility – a secured loan is more flexible than other sources of income. The borrower has a variety of repayment schemes to choose from.
- Speed – the whole transaction, from the loan application to the disbursement of the funds takes place within an hour.
Documents required for an online gold loan
When a borrower needs urgent cash, an online gold loan acts as a blessing. With an online gold loan, you can get up to 75% of the gold's average value as the loan, instantly. Before approving the loan, the lender might ask you to submit a few documents, which the lender uses to determine your eligibility. The first document that you need to submit is an identity proof, like voter ID, PAN Card, Aadhaar Card, Passport, or driving license. The second document you need to submit is an address proof. Except for the PAN and Voter ID, all other documents mentioned above function as the address proof. Many reputed lenders also offer the facility to apply for a gold loan only with the Aadhaar Card. As the Aadhaar card contains all your personal details, like name, date of birth, father's/mother's name, address, and biometric information and iris scan, it functions as both the identity proof as well as the address proof.
Gold Loan Calculator
EditMonthly Interest Amount
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Gold Required
142.8 gms
Total Interest
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Frequently asked questions
Is there any age limit to avail a gold loan?
The eligibility criteria that a lender offers are unique to them. That is to say that the eligibility criteria offered by the lenders in the market differ when you are applying for a gold loan in cityname. The conditions vary to the extent in terms of age (and other factors) that while some lender requires the borrowers to be at a minimum age of 18 some lender wants their borrowers to be at a minimum age of18. Some lenders keep the upper bar on age at 65 years while for some others, it is 75. But generally, and according to Rupeek, the only eligibility criteria that the borrower has to fulfill are listed as follows:
- The borrower has to be an Indian citizen
- The borrower should possess the required KYC documents (address proof and identity proof)
- The borrower should possess sufficient gold which is above 18 karat gold and up to 22 karat and are in the form of gold ornaments.