Gold investments in India – how to invest, options and benefits – a short video.

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...
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How can i get personal loans with a lower interest rate?

The number of people taking personal loans to meet their immediate requirements and for their purchases are rising by the day. Purchases are being converted into EMIs or Equated Monthly Instalments. The shortfalls that people go through when there is a medical emergency, investing in a property/house, meeting the educational expenses of children or while investing in a new vehicle can be met with the help of a personal loan. A personal loan is an unsecured loan that an individual takes from an NBFC or a bank to meet their personal requirements. Unlike a home loan or loan against gold, no collateral security is required to avail this loan from a bank. Banks provide these loans to an individual on the basis of certain criteria like the company he/she is working for, level of income, and credit history. A personal loan requires only a minimum amount of documentation and can be availed within a few hours...
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Are credit card loans better than personal loans?

The best option would be to take a loan. You could either take a personal loan or a credit card loan or loan against gold. These are some of the most preferred loan options when people are in urgent need for some extra funds. Taking a gold loan wouldn’t be possible unless you have gold in the form of jewelry, coins or other items. Some people often find it confusing when it comes to choosing between personal loans and credit card loans. However, it doesn’t have to be so. The main factor that decides the type of loan you choose is your personal requirement. Both loans have certain advantages and disadvantages. Carefully consider all these while keeping in mind your requirement and purpose along with your ability to repay...
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What are the eligibility requirements for a personal loan and how to apply for this?

A personal loan helps to deal with an urgent financial problem that you are unable to deal with using your monthly income. This is usually taken when there is a medical emergency, for a vacation, to meet wedding expenses, to pay for a school or college admission. Besides, this loan can also help to improve your overall credit score. However, banks and NBFC’s need to be convinced of your credibility before they decide to grant you a loan. You are required to meet their criteria for eligibility to get the loan. Thorough scrutiny of your financial records is carried out to decide if you are an eligible candidate...
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How to apply for an Agricultural loan?

A farm can be run efficiently only if the farmer has a sufficient amount of funds to meet all the expenses. Farmers find it quite difficult to find the required finance most of the time. This is where agricultural loans come as a blessing. Agricultural loans help a farmer take care of all the necessary expenses and run the farm in an organized manner. The interest rate for these loans is quite low making it bearable enough for farmers...
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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...
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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...
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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 ...
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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...
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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...
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