Hosur is an industrial city in the state of Tamil Nadu in India, which houses manufacturing industries like Titan, Ashok Leyland, and TVS Motors.
Hosur has a deeply-rooted religious and cultural background and has the beautiful Chandrachoodeshwarar Swamy Temple.
The city borders are being expanded by 740 square kilometers after the government’s announcement in 2022.
Hosur has a flourishing retail market, and the people in the city are very fond of buying gold ornaments.
If you are a gold lover too, here is your complete guide to today gold rate in Hosur, 1 gram gold rate today in Hosur, and 8 gram gold rate today in Hosur.
Today gold rate in Hosur
The gold rates in Hosur keep fluctuating almost daily in tandem with the gold rate changes all over the country. If you are planning to buy, sell, or pledge your gold in the city of Hosur, it is crucial to know the today gold rate in Hosur.
How to Use Gold for Quick Cash in Hosur
Everyone has to go through financially difficult phases at some point in life. You may suddenly require major chunks of cash for a medical emergency, an unavoidable home repair, or to meet urgent business requirements.
If you are in urgent need of cash, do not be baffled. Now, you can get instant access to cash by making use of the gold lying idle in your home.
People in Hosur are increasingly opting for gold loans to get financial stability. The most trusted lender for taking out a loan against gold in Hosur is Muthoot FinCorp.
Benefits of Taking a Gold Loan from Muthoot FinCorp in Hosur
- Muthoot FinCorp offers gold loans at one of the lowest interest rates in Hosur. Gold loan interest rates start at only 11.99% per annum. The low-interest rates help keep the cost of the loan under check for the customer.
- Muthoot FinCorp offers flexible repayment options and customers can repay the loan amount in the form of bullet payments, monthly EMIs, or the pay-only interest mode, where the borrower can pay only the interest during the loan tenure and pay the principal loan amount at the end of the loan term.
- Muthoot FinCorp understands that customers need urgent funds when they apply for a loan. This is why the gold loan eligibility criteria and the documentation required for a gold loan are very simple.
- If a customer wants to close the loan early, he can do so after three months of taking a loan without having to pay any foreclosure charges.
- The processing fee for the Muthoot FinCorp gold loan is very low and ranges from only Rs. 20 to 0.25% of the loan amount.
- People in Hosur can get a high loan on the value of their gold ornaments at Muthoot FinCorp. Muthoot FinCorp offers up to 75% of the pledged gold’s value as a loan to the customer.
People in Hosur can get an offline or online gold loan from Muthoot FinCorp through a quick loan application process. To locate your nearest Muthoot FinCorp branch in Hosur, click here