List of Gold Loan Articles

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.

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.

If you have invested in e-gold through NSEL (National Spot Exchange Ltd), then there is a procedure to convert those units into physical gold like gold coin or bars and take delivery of the same. The e-gold units held in demat form need to be transferred to the designated beneficiary account of NSEL.

Gold loans have emerged as a practical solution to address security concerns while availing financial assistance. The marriage of gold's inherent value with the flexibility of loans offers a compelling proposition. For those who possess gold assets, these loans present an opportunity to leverage existing resources while ensuring a safeguarded borrowing experience.

If you are contemplating whether it is safe to deposit gold in bank lockers, the answer is yes. With a transparent fee structure, keeping your gold in the bank is not expensive. So, find a gold locker in your nearest bank today!

A custom duty cut on the gold market is the reduction in the tariff or import tax that is generally imposed by the government on imports of gold. Customs duty generally refers to a particular type of tax levied on goods whenever they are imported to a country. It is determined on the basis of the weight, quantity, or value of the goods imported.

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.

The key objective of the GMS or Gold Monetisation Scheme is to mobilize gold owned by institutions and households in the country to put gold into productive use. Reducing the country's reliance on gold imports reduces the recent account deficit to suit the nation's domestic demand.

A gold loan refers to a kind of secured loan where businesses or individuals pledge the gold ornaments they possess, which may be in form of coins or jewellery as collateral to avail funds from a Non-banking financial company or any financial institution.

Gold loans are secured advances with quick repayment terms that make it easy for borrowers to get capital. It makes it simple to take care of immediate financial needs.

The fact that gold loans are secured, short-term loans, the interest rates are lower than those for personal loans. Gold is regarded as a crucial investment and loan instrument all over India. Banks offer gold as security for gold loans.

Depending on the lender, anyone who satisfies the prerequisites outlined below can apply for a gold loan. A few simple documents must be submitted in order to finish the application procedure.