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Gold Loan Charges

Gold price slips Rs 10 to Rs 72,540, silver down Rs 100 at Rs 85,400

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,490

Gold price slips Rs 10 to Rs 72,540, silver down Rs 100 at Rs 85,400
Updated On : 15 Apr 2024 | 8:13 AM IST

RBI increases monetary ceiling of gold loans to Rs 400,000 for UCBs

The RBI on Friday announced the increase in the monetary ceiling of gold loans that can be granted under the bullet repayment scheme from Rs 2 lakh to Rs 4 lakh for UCBs

RBI increases monetary ceiling of gold loans to Rs 400,000 for UCBs
Updated On : 09 Oct 2023 | 6:35 PM IST

Stringent rules for education loans turn parents towards gold loans

The recent surge in gold prices has made the yellow metal shinier as it fetches more funds for borrowers. Significantly, gold prices shot to Rs 60,000 per 10 grams from about Rs 50,000 a year ago

Stringent rules for education loans turn parents towards gold loans
Updated On : 31 May 2023 | 11:03 AM IST

DBS Bank India seeks three-fold jump in gold loan portfolio in 5 yrs: Exec

Lender's amalgamation with Lakshmi Vilas Bank expanded its reach in South India

DBS Bank India seeks three-fold jump in gold loan portfolio in 5 yrs: Exec
Updated On : 03 Nov 2022 | 2:59 PM IST

Gold loan: Low-cost option and credit score no bar, say experts

If the price of gold plunges, a borrower can be asked to put up additional collateral

Gold loan: Low-cost option and credit score no bar, say experts
Updated On : 15 Apr 2022 | 6:10 AM IST

Overdraft facility against gold cheaper than term loan, say experts

Opt for overdraft facility if you have a recurring need, a term loan if you require a lump sum

Overdraft facility against gold cheaper than term loan, say experts
Updated On : 19 Oct 2021 | 12:57 AM IST

Need secured loan? Now you can get more from your gold; here's how

Unlike a personal loan, gold loan is secured loan with your gold article as collateral, and bears a lower interest rate

Need secured loan? Now you can get more from your gold; here's how
Updated On : 06 Aug 2020 | 2:05 PM IST

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans

Covid-19: Gold loan providers to resume operations of 90% of their branches
Updated On : 19 Apr 2020 | 2:15 PM IST

Need emergency money? Loan against gold scores over personal loan

Here's how the gold loans by different banks stack up

Need emergency money? Loan against gold scores over personal loan
Updated On : 10 Nov 2019 | 8:30 PM IST

A snapshot of charges associated with gold loan by different banks

Here's how the charges and features of Gold loan by different banks stack up

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Updated On : 14 Jun 2018 | 2:00 PM IST