List of Gold Loan Articles

Gold has been considered a very precious metal not just for its financial value but also for its cultural and symbolic significance. Moreover, if you talk about India, buying gold is related to prosperity, wealth, as well as good fortune.

Gold Jewellery making charges are fees jewelers impose for the labor and skill of crafting gold jewelry. That means when you buy a piece of gold jewelry, you're not just paying for the raw Gold but also for the craftsmanship that goes into creating the final product.

A gold loan can be used for a variety of things, including sudden financial needs like a wedding, a medical emergency, or a long-awaited family vacation.

Capital Gains Tax is a kind of tax typically levied on the gain or profit received from the disposal or sale of certain assets, commonly referred to as capital assets. This can include several types of investment, including bonds, stocks, real estate, as well as other valuable commodities like gold.

A gold loan is a sheltered loan where gold jewelry or ornaments are pledged as collateral. These loans offer borrowers quick access to funds, leveraging the value of their gold assets.

Gold Loan with EMI option is a loan offered against gold assets. It is usually taken out for short-term financial needs such as paying off medical bills, funding travel expenses, making wedding preparations, etc.

A Gold Loan Management System (GLMS) is a specialized software solution designed for financial institutions and gold loan providers. It facilitates efficient management of gold-backed loans by automating various aspects of the lending process.

Gold ownership or investment is common among Indian households. However, many prefer not to keep it at home to mitigate the theft risk due to its significant value. Home security measures may not be sufficient for safeguarding physical gold, making utilizing bank lockers prudent.

Gold has been considered a very precious metal not just for its financial value but also for its cultural and symbolic significance. Moreover, if you talk about India, buying gold is related to prosperity, wealth, as well as good fortune.

Kerala is the state with the highest per capita expenditure on gold, in India. According to National Sample Survey Data of 2021, per person expenditure on gold in Kerala Rs 208.55 per month in rural areas and Rs 189.95 per month in urban areas.

A gold loan is a type of secured loan in which a borrower uses gold ornaments, jewelry, or coins as collateral to obtain funds from a financial institution or a lender. However, it provides individuals a quick and relatively easy way to access funds when they need immediate financial assistance. Gold loans are popular in many countries, especially in regions where gold holds cultural and economic significance.

One of the most accessible and commonly owned gold assets is jewelry. Many households possess gold necklaces, rings, bracelets, and other adornments with considerable value. While sentimental attachment can make it difficult to part with jewelry, pledging it as collateral for a loan can be a viable option.