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 is a type of short-term loan that is secured against gold jewellery and coins. The borrower must pledge their gold assets as collateral to the lender to avail this loan. Most banks and NBFCs offer such loans with repayment terms of up to 12 months at competitive rates of interest starting from 10% p.a.

A credit score simply reflects your loan repayment history and your track record of timely credit payments. Your credit score is favourably impacted by on-time payments, however it can be negatively impacted if you make such payments carelessly.

The RBI's recent decision to relax the loan-to-value ratio for gold loans is a strategically balanced move aimed at bolstering economic growth while safeguarding the financial sector's interests. This measure is expected to positively impact the economy by enhancing credit accessibility and promoting efficient utilization of gold assets.

GST on gold jewellery in India is the rate fixed by the government for the sale of gold jewellery, coins, and bars. It applies to all purchases made from a registered seller who has a GSTIN (Goods and Services Tax Identification Number).

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 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.

In India, the widespread ownership of gold has led to the emergence of gold loans as a financial lifeline for people needing quick capital. Among all the options for borrowing, gold loans are by far the most convenient and flexible option.

A practical means of obtaining finances when you require money right away, gold loans have become a lot more popular in recent times. Also, it is advised that you use an online EMI calculator before applying for a gold loan.

Investing in gold has long been considered a prudent financial move. This precious metal has maintained its allure throughout history, offering investors a haven during economic uncertainty. Whether you're a seasoned investor or just starting, understanding the ins and outs of investing in gold can help you make informed decisions.

A gold loan is a financial product where you pledge your gold ornaments, coins, or bars as collateral to obtain a loan from a financial institution. The loan's value is determined by the gold you pledge. This makes it an attractive option for individuals who possess gold assets but need immediate funds.