Online Services have made things easy for those who avail for it ever since its origination. No one would have ever thought that solemn businesses like banking, insurance and other finance sectors too would join the online medium of doing business as it requires more alertness in the dealings and transactions. But here we are in the ’Smart Era’, where everything is digital.
Let us taper the article to our area of interest- How to procure online gold loan services in India? It is always ‘restful’ for those who look for loan against gold to avail these services without even having to step out. It is been a practice for several years now. But how do we initiate the process? The customer has to fill an online form where they have to fill in the prompted details like KYC forms, personal and bank details. The customer will have to consent to the privacy policies and terms & conditions of the corresponding site to advance the process.
For instance, Kosamattam Finance has a Freedom Online Gold Loan (FOGL) service for processing gold loan online. The only time you need to be in the gold loan financing institute will be that once when you take your gold to them for their consideration and approval. Based on the loan to value ratio, the customer will be eligible for certain specific amount that will be credited to their bank account registered with them. Additionally, repayment of loans is also possible through the online medium. This online method of gold loan services is much preferred these days, the very easiness with which the customers can handle things being the reason for it!
Gold is the quickest source of tackling financial crisis. The abundant availability of asset in the form of gold makes ‘loan against gold’, the most opted source of fund. Gold loan is a very easy reserve for obtaining loan because of:
Being the quickest and easy source for money
Security offered for the pledged gold
India as a country has solved a huge financial crisis by pledging tons of gold years back. Ever since, gold has been considered to be a ‘problem solver’ as far as financial crisis are concerned. Many find it easy and consider it to be one of the optimal ways to pledge their gold asset for availing loan rather than borrowing money from others or opting other ways of personal loan. Hence it is only fitting to say that gold loans are your best answers for fiscal deficits that you face personally or commercially!
Jewel loans have many admirers in our expanse because even when they avail a loan in its credit, the asset remains in their possession. Another reason why gold loan is preferred to other loans is the quickness in its processing. Instant gold loans help the customers with immediately meeting their financial concerns. Gold financing not only helps with personal financial crisis but also with high urgency business needs.
Kosamattam finance has been respected for more than 150 years for its adherence to strong values and loyalty towards its customers. With this expertise in the gold loan sector Kosamattam is known for trust, quality, business leadership, high ethical standards and respect for all its customers. We strive to improve continuously and provide the best gold loan services to our customers. Anchored in values and strong ethics, Kosamattam Group is building businesses that will achieve growth through excellence and innovation while balancing the interests of its customers, employees and civil society.
- As investors, we all have taken some very hard hits over the past year. But it does not have to continue.But it does not have to continue.