Thorough research beforehand can result in significant savings on processing fees and interest rates while taking gold loan
Before you take the loan, it is important to get the gold valued independently. This will help you ensure that you get a fair deal from the lender.
Customers are increasingly inclined to leverage their gold assets to facilitate planned expenses, rather than solely relying on them for emergencies o
The surge in demand comes against the backdrop of rally in prices of the precious metal after the Israel-Hamas conflict breaking out in West Asia
The best part is that the interest rates on gold loans are much lower than the personal loan interest rates. At present, many banks charge less than 9
The new campaign is aimed to promote four loan services – gold loans, business loans, home loans and personal loans
Gold loans can be used to meet any expenditure and there are no compulsions or conditions attached to them
Often, startups with potential consumer interests fail because their cash reserves are insufficient to fulfil the orders
Lenders such as banks and NBFCs offer gold loans based on a certain percentage of the total gold value in the domestic market
People prefer to take secured loans because the interest rate is lower and the loan amount disbursed is higher