Identifying the differences between gold loan schemes, services and facilitators is the key to choosing the best gold loan in India. 
Doorstep gold loan is a new concept in India and its growing popularity is due to constraints imposed by the current pandemic. People no longer need to visit their branches for banking, even for the essential matters. Getting a gold loan, paying interests and transferring funds are all done from the comfort of your home.

In recent years,  gold loan companies have rapidly expanded their branch network across the northern and eastern states of the country.

Moving ahead, these companies are set to leverage their current branch network and infrastructure to maximize customer outreach.

Even the most adverse periods in recent history have not been without its opportunities and prospects for improvement. Do not allow these possibilities to pass you by just because of a financial constraint. 

By V.P. Nandakumar
 

By V.P. Nandakumar
 

By VP Nandakumar
 
Gold was one of the best performing major assets of 2020, which will go down in history as the year of the great pandemic. Its rise was driven primarily by the flight to safety and diminished risk appetite in the face of the worldwide economic slump. Gold is, after all, known as a safe haven asset. Once the pandemic began to wreak havoc, its rise was only to be expected.
 

Interest rates in India likely to rise

By VP Nandakumar

By VP Nandakumar 

In recent months, gold prices have fallen significantly from the highs recorded last year following the widespread economic disruption after Covid-19. The international price of the metal had crossed US$ 2,000 per troy ounce in August 2020 but has now declined to about US$ 1,700 currently. Given this volatility, it is no surprise that gold loan financiers should be flooded with media queries about the likely impact of such a price correction on their profitability and growth prospects. 

By VP Nandakumar
 

Gold loan is the ideal option when you are in urgent need of money. It will help you get the money without losing the asset. However, you need to check the different aspects related to a gold loan. Otherwise, you may end up making mistakes that may turn costly at a later stage. This article is meant for those who consider over the counter, or online gold loan.

A gold loan (also known as a loan against gold) is a secured loan obtained from a lender in exchange for the borrower's gold articles (within a range of 18-24 carats) as collateral. Based on the current market value and quality of gold, the loan sum is a percentage of the gold, usually up to 80%. Nationalized banks, private banks, and other financial institutions provide loans at low gold loan EMI rates. Unlike other loans, which could have certain terms and conditions on how the funds will be used, this loan has no such restrictions.