The town of kuzhithurai or kuzhithura in the kanyakumari district, Tamil Nadu, is situated forty-two km south of trivandrum. It is suspected that the town's ancient seaports were used for trade by early traders from around the arabian sea. There are many places of interest in the area, such as the chitharal jain temples, the monument's ruins dating back to the 9th century ce, and the mathur aqueduct, considered to be one of asia's largest. It also has temples which hold historical significance. These temples arrange annual processions and exhibition fairs, which draw mostly local people. Education is highly regarded in the region, and people in kuzhithurai take gold loans for it to overcome the hurdle of paying for tuition.
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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