One of the core lending products of Kanrich, ‘Gold Loan” enables customers to pawn their gold jewelry to obtain financial assistance. Kanrich offers more dedicated services with Gold Loans which provides ready cash against gold valuables to help any business needs, financial emergency or unexpected expenses of the customers.
The Gold Loan product offers reduced risk due to its collateralization with gold. This means the loan is secured by the value of the gold, mitigating potential losses for the company. The Gold Loan facility is designed for short-term financial solutions, with a repayment period typically not exceeding one year.