Banks have instructed their branches to ensure that gold loans availed of by customers are repaid and closed, and not renewed ...

After the Reserve Bank of India (RBI) asked lenders to tighten the gold loans processes in September last year, the new ...

The central bank stated that no loan-related and ad hoc service charges or inspection charges shall be levied on priority ...

Bajaj Finance Limited is excited to announce the commencement of its much-anticipated Loan Fest, running from March 1 to ...

RBI's exclusion of gold loans originated by NBFCs from priority sector lending hurts gold loan companies, increasing their cost of funds. Shares of Muthoot Finance, Manappuram, IIFL Finance drop.

Gold loans are easier to get than personal loans since they require minimal paperwork and no credit check. Backed by gold, ...

RBI has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority ...

Access gold loan starting from Rs. 5,000 to Rs. 2 crore and benefit from quick disbursal, free insurance of gold, competitive ...

Both options come with their pros and cons. You may decide based on your requirements of funds and how quickly you need it.

One of the primary factors fuelling the rise in gold loans across both rural and urban India is the tightening of personal ...

For the purpose of determining the loan amount, lenders will assess the value of the gold you pledge, primarily its purity ...