Personal loan

  1. Gold or Gold Bond

    Gold or Gold Bond

    Are you planning to purchase gold this festive season? If yes, then you must know that you can invest in gold in various forms. These include physical gold, exchange-traded funds (ETFs), and Sovereign Gold Bonds (SGBs).

    You should make a wise decision when choosing between these options as each has specific features and drawbacks associated with it. To help you choose, here is a comparative analysis of the three gold buying options.

    1. Physical gold

    Being a tangible asset, which can be worn or displayed, one will always be emotionally attached to physical gold. Also, for an individual, it is easier to buy physical gold. You can buy it in the form of jewellery or in the form of gold biscuits and coins from jewellers. Apart from jewellers, you can buy gold coins from certain banks as well.

    Features of physical gold

    Confidentiality of possession: Unlike other forms of gold, physical gold is one of the

    Read more »
  2. Gold Loan

    Gold Loan

    The gold love of Indian is known to the world. They are the world's leading importers of Silver. Gold is not just the store of interest, it has also seen a decent deal of appreciation in resources over the decade. But do you realize that you will use this gold to finance your immediate cash needs, such as medical expenses, kid schooling, company development, car purchase down payment and family holidays.  If you are in a dangerous situation and urgent basis need cash, you can use the ideal gold that lies in your locker to fund the emergency cash requirement. Most banks and financial non-banking firms (NBFCs) offer gold loans. Those loans are one of the easiest and most difficult ways to get instant cash. You can get the gold loan in any shape, be it jewelry, gold coins, bars, and biscuits.


    • Faster processing: – Given that the gold loans are backed by physical gold, the bankers are usually more t
    Read more »
  3. Why loan is sometimes necessary?

    Why loan is sometimes necessary?

    Why loan is sometimes necessary?

    For a variety of circumstances, personal loans can be a viable option. First, let’s define a personal loan. Some loans are earmarked for a specific purchase. You can buy a home with a mortgage loan, you purchase a car with an auto loan and with a student loan, and you pay for college.

    Whereas, a personal loan can be utilized for everything. Some lenders may question you as to what you will do with the money they lend you, but as long as you’ve borrowed it for a responsible and legal reason, you can utilise the money for any purpose.

    Below are five circumstances in which a personal loan might be a good idea.

    1. Consolidate Credit Cards: If you have one or more credit cards charged to the max, you can get a personal loan to consolidate all the charges into one monthly payment. This scenario is even more appealing because the interest rate on this loan could be considerably low
    Read more »