A gold loan in India is a secured loan which is offered against collateral of gold | gold ornaments. Under such loan, the borrower has to pledge his/her gold | gold ornaments with the bank who lends the funds as gold loan. Gold loans can be a good source of short term cash in case of emergency. Gold Loan is available at lower interest rate than personal loan. The gold loan interest rates offered by banks is around 12% to 15% p.a. whereas the personal loan rates are in the range from 15% to 24% p.a.
A Gold loan in India is offered by several banks at a lower interest rate starting at 12% to 15% p.a. These loans allow you to repay them in maximum of 1 Years. Banks offer the best Home loan schemes and you can repay the loan through easy EMIs.
While opting for gold loan check the interest rates in various banks and select the best offered rate out of them.
2018 March 20 is a bank holiday in Jharkhand due to Sarhul.
2018 March 21 is a bank holiday in Uttar Pradesh due to Birthday Of Mohammad Hajarat Ali.
2018 March 22 is a bank holiday in Bihar due to Bihar Divas.
2018 March 26 is a bank holiday in Andhra Pradesh due to Shri Rama Navami.
2018 March 29 is a bank holiday in Chandigarh due to Mahavir Jayanti.
2018 March 30 is a bank holiday in Andaman And Nicobar Island due to Good Friday.