Wednesday 23 May 2012

Facts you should know before availing Loan against Gold Jewellery

1.A necessary asset to hold:
In India, there are strong cultural factors at work which make gold a desirable asset to hold. From a cultural, emotional and safety perspective, it is an essential investment. Given, the relative importance of gold, many family face an emotional trauma while opting for loans against gold jewellery

2.Understand the risks and rewards while going for a gold loan:
One should understand the risks in the form of repayment options, interest charged and credibility of the financial institution while opting for gold loans.

2 comments:

  1. thanks for this informative post. Now you can use this b2b india marketplace to promote gold jewelry import & export business.

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  2. Gold Loan is the instant financial help to those who need money urgently. As the person pledges the precious assets as collateral therefore the person should consider all the factors before applying for loan against gold. The Gold Loan Rates is the crucial term and one should choose the lender after comparing the rates offered by them.

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