A gold loan is a strategic means of procuring a loan by lending gold as collateral. When there is a cash emergency, this is the fastest and easiest way to evolve your exquisite piece into a monetary value.
While considering a gold loan, you can turn to the NCS gold loan services by the pledge of your gold ornaments. Our alluring rates of interest and instantaneous loan disbursal protocols are known to ensure customer contentment.
So if you are planning to take a gold loan, don’t wander, don’t hesitate! NCS is the right platform to provide you impeccable experience with a gold loan at a minimal rate of interest and flexible repayment plans.
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GOLD LOAN SCHEMES
What is Gold Loan?
Gold loans act as the quickest and easiest way to get funds for business or personal requirements. A gold loan is a secured loan which a borrower takes from the lender in lieu of gold ornaments. The loan amount that lenders sanction is typically a certain percentage of the gold’s value. Like any other loan, you can repay this with the help of monthly instalments and once the loan has been fully repaid, you receive back your gold articles.
Factors like the purity of gold used to make the jewellery, rate of gold on the particular date, and many more impact the loan amount that you get against the gold ornaments you pledged with the lender.
As opposed to other secured loans like a car loan or home loan, there are zero restrictions on the gold loan’s end use. A gold loan proves to be an effective means to fulfil a sudden requirement of money, be it for a business venture or your kid’s education.