Ernakulam, the central part of Kochi in Kerala, was the ancient capital of the kingdom of Cochin.
Ernakulam is a very old city and has been inhabited since the Stone Age. The city played a significant role in maintaining trade relations between Kerala and the rest of the world in the ancient and mediaeval periods.
Ernakulam has been on an urbanisation spree for the last few decades and is becoming an economic hub.
With the rising economic activity in Ernakulam, the people here are showing more and more inclination towards buying and keeping gold.
If you are also planning to buy, sell, or pledge gold in Ernakulam, you should know the today gold rate in Ernakulam, the today gold rate Ernakulam 8 gram, and today gold rate Ernakulam 916.
Today gold rate in Ernakulam
The gold rate today in Ernakulam may be different from the gold rate yesterday, as gold prices fluctuate every day. Since gold is an expensive commodity, a slight change in the market price of gold can bring a significant change in its price for the buyer or seller.
How to Use Gold for Quick Cash in Ernakulam
People of Ernakulam have a penchant for gold, and buying and selling gold is common here. Lately, they have started using gold smartly to get quick cash when there is an urgent need for funds.
Getting a loan against gold has several advantages. The biggest advantage of a gold loan is that the borrower does not have to permanently part ways with his precious gold belongings. He can use the gold lying idle with him to get urgent funds and can pay back the loan to get his gold valuables back intact.
While there are several local jewellers with whom one can pledge the gold for a loan, they may not be a reliable option. Instead, the people of Ernakulam can take a gold loan from a renowned and trusted name like Muthoot FinCorp.
Muthoot FinCorp offers gold loans in Ernakulam for the most reasonable interest rates starting at only 11.99% per annum under different loan schemes. These schemes have been customised keeping the customers’ needs a priority.
Muthoot FinCorp gold loans are available for low processing charges ranging from Rs. 20 to 0.25% of the loan amount and no hidden charges to burden the customer.
Gold loans at Muthoot FinCorp are granted based on the weight and purity of the gold you pledge. Even a person with a low income or a bad credit score can get a gold loan from Muthoot FinCorp, which aims at providing financial help through gold loans reachable to more and more people.
How to Get a Gold Loan from Muthoot FinCorp in Ernakulam
Muthoot FinCorp has made gold loans easy for the people of Ernakulam. The gold loan eligibility criteria with Muthoot FinCorp are simple, and the documents required for loan processing are easy to arrange.
Customers can apply online or offline for a gold loan at Muthoot FinCorp in Ernakulam. To apply online, visit the Muthoot FinCorp website or download the mobile app and fill out the online application form. To apply offline, locate your nearest Muthoot FinCorp branch here, and visit the branch to complete the loan application procedure.