Page 6 - Gold Loans

Planning to take a gold loan? Here're rates, charges offered by banks

The disbursal is quick and interest rate is reasonable

Tips to get loans and tide over a cash crisis in these difficult times

You are more likely to get one from a bank with which you already have a relationship

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans

Muthoot Fin: Gold financiers take hard knock; stay put for now, say experts

Given the uncertainties in the market, analysts suggest incumbent investors should stay put in the stock, even as new investors may buy on further dip.

Loans sanctioned by NBFC sector drops 34% in Q2, personal loans see uptick

Housing, commercial vehicle and term loans fall 23-85% in the September quarter; gold loan reports growth

As credit crunch bites, Indians pawn off family gold for quick funds

The trend, which has prompted some lenders to impose restrictions as risks and borrowing costs rise, has been accelerated by record gold prices

Planning to avail gold loan? Keep an eye on interest rate, processing fee

Ideally, you should take this loan from a bank or an NBFC, and not from a player in the informal sector, who could fleece you

Need to take an emergency loan? Gold loan is a better option than personal

Here are the rates and charges offered by key banks and NBFCs on gold loans

Manage your temporary cash crunch with gold loans: All you need to know

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

Profitability of gold finance companies improves, says Crisil

Companies reach peak levels after fall witnessed since regulatory tightening in 2012

NBFCs, banks focus on shorter tenure gold loans to boost margins

A research report by India Infoline adds that the shift to shorter tenure products will help in ensuring a robust asset quality as the interest loss arising is limited