Understanding Gold Loans in India
In India, gold has both emotional and financial significance. People treasure it for its beauty, and they also see it as a safety net against price hikes and economic uncertainty. When an urgent need for cash comes up, a gold loan can offer a fast and reliable method to access funds without having to sell your valuable jewelry.
1. What is a Gold Loan?
A gold loan is a secured borrowing option. You give your existing gold jewelry or ornaments to a lender in exchange for cash.
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