Arvog, a smart-tech-enabled diversified finance company that provides financial products and services, particularly focusing on digital lending for personal and gold loans, announced the launch of its first Gold Loan Branch in Chennai, marking a strategic milestone in the company’s expansion into South India. The setting up of the branch will serve as a physical touchpoint for consumers to gain access to gold-based financial resources and further take ahead Arvog’s endeavour.
The new branch aims to blend tech and trustworthy services giving customers. The branch boosts openness and client trust with live price displays, and full tech support. The Gold Loan services offered by Arvog stand apart basis its multi-pronged differentiating proposition encompassing aspects such as lowest interest rates, highest rate for per gram gold, secured deposit in safety vaults and quicker loan dispersals.
This launch is part of Arvog’s bigger plan to grow its retail presence in key regional markets. The opening of this branch kicks off Arvog’s goal to set up 10 Gold Loan Branches across Tamil Nadu in FY25, as it looks to expand in the South. The company has picked Chennai, Erode, and Coimbatore as future hubs to boost and streamline operations in the region.
Commenting on the launch, Amit Shroff, CEO of Arvog, said: “Chennai, with its solid customer base, gives us the perfect starting point to grow in the South, and Tamil Nadu plays a key role in the gold market. We aim to give both old-school and modern buyers a trustworthy, tech-powered gold loan experience. We’re excited to bring Arvog’s services closer to our customers while sticking to our core values of being open, productive, and easy to reach.”
Arvog is putting itself in a position to meet the changing financial needs of South Indian consumers while enhancing accessibility and trust in the precious metals ecosystem by fusing traditional gold loan services with digital innovation.
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