Is gold a good investment for long term? – a short video.

Gold is a physical asset with absolutely no counterparty risk involved. This is one of the main reasons why people prefer to invest in gold rather than in stocks. When you invest in stocks or bonds the government or a company is required to repay you. When you invest in gold jewelry it does not remain idle in a bank vault. You can enjoy wearing it as well. Sentimental value also gets added to each piece of jewelry as it gets handed down from one generation to another. However, you need to be sure of the purity of gold so that you don’t end up getting duped or paying more than required...
Read More

Things to know before you apply for a home loan.

One of the biggest investments most of us are likely to make during our lifetime is buying a house of our dreams. There is nothing more exciting than finding the right house that matches our desires and one that describes who we are. However, this is just one of the major steps in the process of buying a home. The most important step that is involved in buying a home is having a solid financial plan. The best way to buy a house of your dreams, to build one or renovate your existing house is by applying for a home loan. It is important to choose a loan that works well with your monthly budget...
Read More

What is the best way to buy gold as an investment? – a short video.

The value of gold continues to increase every single day and hence investing money in gold is always profitable. The best way to do it would be to buy gold jewelry because then it wouldn’t be just lying idle in a bank vault or a locker facility. Buying gold jewelry is seen as a system of financial support since ancient times. This is one of the main reasons why a good number of people in India prefer to buy gold jewelry as an investment ...
Read More

How to use small gold loan to overcome credit card debt?

Today, there are several companies that provide credit cards with a number of benefits attached. Hence, very rarely do you find a person who does not have one. Your financial needs can be handled with a minimum amount of effort if you have the wisdom to use your card smartly. Using it correctly will earn you several points as rewards. Depending on the card you use you can redeem your rewards as cash or miles or use it for shopping. However, most of the people tend to overspend which causes them to end up in a debt trap...
Read More

Can I get a gold loan with a low CIBIL score?

One of the easiest ways to avail a quick loan when you have an urgent requirement for money is to apply for a loan against gold. Gold loans are sanctioned by banks or NBFCs against gold jewelry, coins or other articles of gold that you give to the bank as collateral. You could get up to an LTV ratio of 80% depending on the purity of the gold. Compared to the other types of loans including personal loans, the gold loan interest rate is much lesser. People who have a good CIBIL score can get loans easily from banks and other financial agencies. What if your CIBIL score is low? Would it be difficult for you to get a gold loan? Read further to get a better understanding of CIBIL and gold loans...
Read More

Why do people take gold loan?- a short video.

The importance of gold can be seen throughout history. It has had a major role to play in the economies of many nations and kingdoms. Even though gold is no longer considered as a form of currency in today’s world, it is still a reliable long-term investment. Whether in the form of jewelry, coins or bars investing in gold can be helpful when you have an urgent requirement for cash. Applying for a loan through a bank or a reliable NBFC is one of the easiest ways to avail cash in case of emergencies...
Read More

Gold investments in India- how to invest, options and benefits.

Gold still remains a favorite mode of investment for people living in India. The capacity to beat inflation and high liquidity are the strong points that encourage people to invest in gold. The three main criteria most of the investors look for are liquidity, returns, and security. When you invest in gold you don’t have to worry about its liquidity and if you invest in gold in non-physical forms then you will not have to worry about its security also. The returns that you get aren't bad either. Earlier when people considered gold as an investment it was limited to just buying gold in the form of jewelry. However, it is not just so today. There are several ways by which you can invest in gold in India...
Read More

How does a gold loan work? – A short video.

The value of gold is understood and appreciated by everyone including banks, NBFCs and money lenders. Investing in gold would prove to be a blessing especially when you are in need of money. Depending on its purity and weight a bank or an NBFC grants a certain amount as a loan against gold to any person. This is one of the easiest ways to get a loan because it is granted against the security of collateral...
Read More

Is gold a good investment for long term?

Gold is a physical asset with absolutely no counterparty risk involved. This is one of the main reasons why people prefer to invest in gold rather than in stocks. When you invest in stocks or bonds the government or a company is required to repay you. When you invest in gold jewelry it does not remain idle in a bank vault. You can enjoy wearing it as well. Sentimental value also gets added to each piece of jewelry as it gets handed down from one generation to another. However, you need to be sure of the purity of gold so that you don’t end up getting duped or paying more than required. Given below are some of the major long term benefits of investing in gold jewelry...
Read More

What is the best way to buy gold as an investment?

The value of gold continues to increase every single day and hence investing money in gold is always profitable. The best way to do it would be to buy gold jewelry because then it wouldn't be just lying idle in a bank vault or a locker facility. Buying gold jewelry is seen as a system of financial support since ancient times. This is one of the main reasons why a good number of people in India prefer to buy gold jewelry as an investment...
Read More