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.
A gold loan is the perfect solution when a borrower is looking for urgent loans or emergency funds. With the help of an instant gold loan online, the borrower can receive the required funds in less than an hour. The borrower is eligible to get up to 75% of the market value of the pledged gold as the loan amount. Unlike many other sources of funds, an online gold loan requires minimum paperwork before giving the loan approval. The required documents are:
Some lenders also approve the loan against just the Aadhaar Card of the borrower. The Aadhaar card is the most important document for an Indian, which has all the details regarding name, father’s and mother’s name, address, biometric information, iris scan, etc. Therefore, it can function as the identity proof as well as the address proof.
An online gold loan offers unparalleled benefits. To avail a gold loan, you need to register yourself as a borrower and mortgage your gold ornaments. The best feature of an online gold loan is that the entire process of the loan application and approval takes place online. Hence, the location of the borrower does not matter. Usually, the lender sends a loan officer to the borrower within half an hour of getting the loan request, who verifies the gold, and gives a quote. On successful verification and subsequent approval, the lender then sends the amount directly to the bank account of the borrower. With an online gold loan, a borrower can get up to 75% of the gold's average market value. As it is a secured loan, the rate of interest is lower than many other types of instant loans. Additionally, a borrower can apply for a gold loan only with the Aadhaar Card.
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