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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!

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