A Detailed Guide on Gold Loan and Gold EMI Calculator Gold loans are secured loans which are pledged against gold jewelry and gold coins with various banks and financial institutions. With the introduction of bank and financial institution-backed gold loans, the process has become well organized and transparent. Gold loans are aggressively promoted across the country as they benefit both the lender and the borrower. Another benefit of the gold loans is that they are comparatively cheaper vis-a-vis other loan types. As the collateral is furnished by the borrower, there are limited chances of default which keeps the interest rates low. However, as a borrower and one of the affected parties, it is important that you understand all the knickknacks of this efficient loan.
Want to know more on Gold Loans? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We