Gold has special emotional value for Indian people and it is a way to invest also. Borrowing money against gold is very common in India although it is the done in sheer emergency. Here are few things that you can consider before pledging your gold:1. Gold ornaments studded with stone fetch very less amount as the rate of jewels is not considered. Banks or any lender will charge you a minimal amount as processing fee but rate of interest may vary from one company to the other with very little difference. Eligibility of Age: While applying for gold loan, the applicant should be minimum 18 years of age.

Gold is the most valued metal in Indian culture and people like to buy gold on all the auspicious occasions. The money in gold loan market involved has reached up to Rs. But when a person applies for gold loan, he tends to make few mistakes if he lacks knowledge. You can find it online and compare few factors such as annual rate of interest, processing fee and the steps taken for the safety of gold.2. Don’t have Blind Faith: You will find a number of lenders who are willing to offer various prepositions to the borrowers. Since it has become a competitive market, every lender offers various gold loan options but make your decision only after reading the fine print at the end of the loan proposal.

In earlier days the borrowers used to be asked by the lending bank or company to submit lots of documents and arrange sufficient collateral almost equal to the amount of loan to be borrowed. Despite fulfilling all requirements for a loan, people used to wait for approval for a long period.With passage of time borrowing loan has become much easier. Now you will not have to go through the tedious process of paying visits to multiple loan offices, arrange collateral and bother for your credit score.Thanks to the advancement of technology and availability of high-speed internet, procuring an instant loan online has become a reality. Now with the help of instant loan app, you can procure an instant loan up to rupees three lakhs without much of documentation and fear of rejection of your application for instant loan for low CIBIL score.At the click of a button, now you can meet your financial obligations and achieve your desired business goals.Instant loan appInstant financing for all your needs has become a reality due to instant loan app that has facilitated all to acquire instant loan for their requirement within a short span of time. What you need to do is to just install the instant loan app and apply for the loan by uploading a couple of basic documents and the loan amount will be in your bank account.You can avail instant loans ranging from Rs. 3 Lakhs on the basis of your approved eligibility for a loan tenure selected by you between 62 days to 1 year.Benefits of instant loan appUsage of instant loan app for acquiring an instant loan offers significant advantages to the borrowers, such as:• You can apply online from any part of the world through internet • The application process time is fast and has been reduced to almost 30 minutes• Easy process as the instant loan app will inform you the list of documents to be uploaded• If all the details and documents is as per required through app the loan amount will be credited to your account the same day The instant loan app is quite user-friendly with guided steps for the application process.Having instant loan app on your smartphone will not only help in applying but managing your personal loan.

Since decades, gold loans have been in the Indian market, and remains as one of the most popular borrowing options. Also, as gold is an asset backed loan, banks or other lenders do not consider CIBIL or credit score for the approval of a gold loan. Here are some important factors to consider when applying for a gold loan:• The loan amountAs you know a gold loan is secured, the loan amount essentially depends on the valuation of the physical gold you deposit in the form of collateral. As the lenders retain marginal amount, a person does not get the entire gold value as a loan. • Rate of interestAs you know gold loans are cheaper when compared to personal loans, the interest rates might vary across institutions. Few lenders might also charge a flat fee.

In any financial crisis, an instant loan for self employed can help you to stand again and have a control over the situation. Following are the few points which you must know before you apply for a personal loan:1. If you have good relations with the lender, there is possibility that you may get discount in processing fee of the loan or discount on interest rates as well. High Interest rate: You must remember that personal loans for self-employed attract higher rate of interest as the lending institutions need to safeguard themselves against the risk of loss of money.3. But there are chances that you may not get loan even after documentation, paying the processing fee etc. and once loan is rejected, you cannot apply anywhere for least three months.Benefits of Gold Loan for Self-employedWhen acquiring personal loan becomes difficult, self employed individuals can apply for gold loan using the gold jewelry that they possess.In order to make the gold loan hassle free, loan is approved immediately and you need not wait for weeks.

Buying gold for Indian people is not only a passion but a status symbol as well. Gold prices may vary a little in different states but you will find huge difference in gold jewelry. If you buy gold from various shops in the same city, you will find billing also varies from jeweler to jeweler. Although the prices of gold are declared by a forum of jewelers every morning, it is difficult to find the right price of your gold in the same city. The following points can help you in calculating the gold prices accurately: 1. If you are buying jewelry studded with stones, the stone weight should not be counted in the total weight of the piece you are going to buy.

Pledging gold has been a stigma in Indian society for a number of years, primarily due to non existence of regulated and controlled system of lending. Gold used to be sold or pledged only in very dire circumstances to money lenders who charged exorbitant rate of interest from people.Now, things have changed dramatically with government introducing proper systems for pledging of gold to secure funds for different types of uses by people. Today, you can secure funds at reasonable and competitive prices from a number of financial and non financial institutions at highly competitive prices with fair valuation of your gold and almost instantly.The lender, which can be a bank, a private financial institution or non banking financial institution, will not ask you the end use for the money that you take against the gold. It is only concerned with the interest that it gets out of the money that you have taken, and its security against those funds.Gold loan scheme:Today, you can find a number of advertisements from banks, private and government financial institutions and non banking financial institutions on the streets of your city advertising their gold loan scheme, conveniences like gold loan at door step, lowest gold interest rate, their gold loans highest rate per gram and gold loans for one gram of gold.Some financial institutions have taken gold loan to another level by offering valuation of gold at the place of customer and providing gold loan within a very short period of time. Some lenders are allowing rebate on their interest rates if customers payoff their loan amounts in a specified period of time or even if they continue to pay their installments regularly to them.Gold loan at doorstep:While in the yesteryears, borrowers had to look for people who could lend them money for their emergencies, business purpose, and marriage requirements. But now, things have changed dramatically for the betterment of customers.

Indians, by and large, have sentimental attachment to the gold owned by them and never miss any opportunity to buy more as soon as they find or save little extra funds. It is nothing less than having deep sense of attachment to gold which is symbol of status and economic stability.Your financial needs can be managed by borrowing money from private moneylenders or get personal loan from bank or NBFCs. However, when you borrow money against your gold i.e. gold loan from a reliable and highly technical gold loan company like Rupeek, you not only get quick loan amount but also pay less interest amount. For borrowers who have a low CIBIL score and cannot get a personal loan, a gold loan is a boon for them because the CIBIL score is not consider while issuing a gold loan.Process of procuring loan A person requiring gold loan can apply online using instant gold loan mobile app and furnish details asked through the app such asloan amount, loan date and time when you need the loan and your residential address.You will be required to choose the suitable one from various offers provided by the gold loan company and submit your request.Following submission of your online application the executives form lending company will visit your place to verify and collect documents as well as authenticate the gold that you plan to pledge. On the basis of gold quality and as per current per gram rupee value, your loan will be sanctioned.Once, necessary authentication and verification is over, your gold loan will be processed within 30 minutes, if you are seeking gold loan from Rupeek.There are several gold loan schemes according to the required loan amount that can facilitate you to get a loan amount as low as INR 1 lakh and as high as INR 20 lakh.The documents required for taking gold loanWhen you avail a gold loan, the banks or NBFCs always ask you to provide certain specific documents which include your • Proof of identity such as PAN card, Driving license, Aadhaar etc.

Make the most out of the idle gold by applying for a gold loan and fulfilling all your needs. The processing time is quick, no administrative charges are involved, and instant money against the gold is transferred to the customer’s account, along with an insurance coverage.The service executives even follow all safety measures applicable when the loan is directly disbursed to the client at his doorstep. You can acquire a gold loan by securing your gold ornaments in exchange of funds. Your personal gold assets that are simply locked away can be mobilized and converted into usable financial assets. Benefits of Gold Loan Acquisition• Loan disbursal is quick and easy• Minimum and maximum loan amount is set as per customer’s requirements• Pre-payment option without any penalty charges• Minimal documentation required• In house or in bank gold evaluation• Safe custody of the pledged gold ornamentsGet a Gold Loan within an Hour!If you are choosing to apply for a best gold loan from the list of gold loan companies in India or an accredited bank, the documentation is completed within minutes of application over the counter or the comfort of your home, with no extra charges. term loan with a monthly installment and bullet repayment loan, wherein the client pays his dues with interest at the end of the term all at once.

In earlier days, people rarely used to borrow loan against this precious metal by pledging it to moneylenders or banks even in dire financial needs. Over time, people have started realizing the monetary value of the gold investment in India.Now when people compare with other forms of financial loans, they find borrowing loan against gold from nationalized, government approved private banks as well as non-banking finance companies i.e. Gold loan     Gold loan is a secured loan that a borrower takes from the lenders in lieu of gold ornamental jewelry. The gold loan can also be termed as a loan against your gold that you pledge with the financial institutions lending money to you.Gold loan amount sanctioned to you by lenders depends upon their terms and conditions and is granted for a specific period of time. On the completion of loan tenure and full re-payment of gold loan you get your gold articles back.There are many NBFCs granting gold loans to millions of people in India. Ltd. which is regarded as one of the best and trustworthy gold loan companies due its professional, transparent and customer-caring policies.How does Rupeek gold loan works?The process of gold loan is almost similar to other secured loans.

All thanks to the government for opening up the economy and encouraging people to bring out their gold and gold ornaments to the market and get funds to carry out their dreams and necessities. Getting a gold or jewelry loan today is very easy as authorized gold loan companies complete all formalities related to the lending within a few hours of application.However, while everything looks so easy, you should not forget basic precautions that you must exercise while taking a gold loan. Although, Rupeek finance and other gold loan companies have become organized and have to work in accordance with government regulations, even then if you are not cautious enough, you may stand to lose out on many aspects.Some of the basic precautions that you should exercise are given as under:Price per gram of gold:This is an important aspect in the gold loan scheme. Many gold loan companies offer attractive interest rates but pay very little price per gram of gold for your asset. Price per gram is important as it affects the total valuation of your gold and also the amount of loan that you can access from the company on the asset.Higher price per gram of gold means higher valuation of your gold and consequently higher loan amount for the jewelry. All companies and banks that operate in giving gold loan against gold jewelry charge different rate of interest and have different terms and conditions for providing the service.

Do I need a guarantor to apply for a gold loan? The loan amount is sanctioned as per the pledged gold at the lowest gold interest rate. In the EMI based schemes, the tenure can run even up to 3 years. Pledging and RepaymentAny type of gold ornaments or jewelry can be pledged to acquire an online jewel loan. Items including gold rings, necklaces, watches, bracelets, pendants, or bangles etc. The repayment of a gold loan can be done easily through any financial mode such as cash, cheque, or a debit card.

During business, you often come across situations when you feel financially constrained and find it difficult to implement your strategies or increase sales due to paucity of finances.In order to help you and provide you a workable solution, all nationalized, RBI approved private bank and financial institutions like NBFCs offer you hassle-free instant business loan as per your need.What is a business loan?A business loan is an unsecured form of credit that enables you to perform many other business functions to provide impetus to your business. A business loan when given at the moment of requirement proves extremely useful for the businesses. That-is-why, banks and NBFCs sanction you an instant business loan so as to help you in the hour of your need.An instant business loan is basically a credit sanctioned for your business that is processed quickly and with ease. Invariably, businessman feel handicapped due to lack of ready funds to avail an opportunity for growth and development that comes their way.Under such circumstances, you have two options that can get you the required additional capital. You can either pledge your gold and borrow instant loan online or apply for an instant business loan.Shortcomings of Business LoansNeed Good Credit Score: You need to have good CIBIL score to qualify for the business loan. Moreover, you need to finish certain documents and income proof to get the required amount of loan.High Interest Rates: The interest rates charged on instant business loans depend upon factors like nature of business, credit score history, CIBIL score and annual turnover.

Gold Loan is Very AttractiveIt is rightly said that gold is one of the best investments. Whenever you require instant funds, you can pledge your gold articles mostly in the form of jewelry to a gold loan company. Your gold can come to your rescue in difficult situations. However, when you apply online for a gold loan, you can get your loan from the comfort of your office or home. Applying for gold loan online gives you the convenience of hassle-free documentation, instant approval, access to account statement and 24 x 7 gold loan online payment option.You can use the calculator on the app to identify the approximate amount of loan you can avail against your gold articles. Hence, gold loan interest comparison also becomes easier and quick on a reliable gold loan website or app.