Pudukadai is a village situated in the Tamil Nadu district. The town is located in the district called kanniyakumari, revered for its temples, such as sree bhadeaswari amman temple and arulmihu esakki amman templo. There are a multitude of families residing in this rural area, and they are called a rural district (i.e., a panchayat town), regulated by the laws and regulations defined by the town head. It is closer to kuzithurai and extends over 2 sq km. Sanguthurai beach, muttam, and thiruvattar are tourist spots located around the town. The gold loan at pudukadai is inspired by the tourist attraction generated by the place's cultural significance. Trivandrum international airport is the town's closest airport making it easily available to visitors and other prospective investors.
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.
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.
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