Loan Against Gold

Gold loans are offered with much lower rate of interest in comparison to the interest charged against personal loans. All your need to do is, to pledge your gold ornaments or coins to banks or financial companies. The rate of interest applied on gold loans is directly proportional to the market value of gold provided and the amount of loan taken.

Purpose of such Loans

Loan against securities will suit for every purpose of yours and is also very convenient as you can pay it off within a short period as well. For small purposes like funding your holiday trip, you can opt for a loan against gold.

Larger expenditures, like wedding or a funding an educational course, loan against property can help you. As the repayment tenure for a loan against property is much longer compared to a loan against gold; you will get a comparatively long time to fund large expenditure as well as to repay the loan back.