Important Points To Consider And Avoid Before Pledging Your Gold, Everything You Need To Know About
Gold has always been a coveted asset in India. Along with the financial value of Gold, it is also has a unique emotional and social value that pertains to owning physical Gold in the form of jewelry, coins, and bars. However, for investment purposes, one can invest this yellow metal in different ways. The gold loan business in India has been carrying on for a long time; it is only in recent years that most of the banks have actively started participating in giving gold loans. A gold loan is a loan against the physical pledge of the aureate metal. This can either be in the form of bars or in the form of ornaments. The bank/financer does a complete assessment before the loan is given against your ornaments. Is getting a loan a good option? Gold Buyers are one of the quickest and simplest ways to monetize your jewelry and get money. This loan can be applied to anyone who owns the precious metal either as jewelry or as coins or bars. Like your local jeweler, many NBFCs(non-banking fi...