Page 3 - Gold Loan

Planning to take gold loan? Limit tenure to one year to avoid defaults

Gold loan is the quickest and easiest to avail

Need emergency money now? Gold loans are quick, easy and low-cost

Borrowers can also choose from different repayment options depending on cash flows

Quick, easy and low-cost: Gold remains top option to raise emergency funds

Gold jewellery and coins can be pledged as collateral for taking a form of loan that is popularly known as gold loan

Gold loan is a cheaper and better option than personal loan: Here's why

NBFCs charge higher interest rates than banks, but offer faster disbursement with less paperwork

All for Re 1: Bank refuses to return gold deposit, customer moves HC

Petitioner's counsel M Sathyan said even after repeated requests by the petitioner, the bank refused to release the jewellery or accept payment of pending Re 1 for each account

Growing balance sheet may not be easy for gold loan companies

While firms aim to share of non-gold business, stiff competition may keep growth under check

Muthoot Finance to SBI, interest cost can differ widely for gold loans

Interest rates can range from around 10 per cent to 26 per cent, so do check what various players are willing to offer you

RBI exploring longer tenure gold loans

The central bank has already held two separate meetings on this issue with jewelers and banks active in gold loans

Banks, NBFCs see pressure on gold loan business as prices turn volatile

Even though prices have started picking up, banks continue to remain a little cautious about growing the book because of the volatility gold has seen in the last couple of years