What Is Gold Loan And How It Does Works?

November 15, 2022 ⚊ 1 Min read ⚊ Views 71 ⚊ BUSINESS

Gold loan is considered a precious metal that is popularly used for various purposes such as industrial, commercial, or investment purposes. In such a loan, the customer pledges their gold jewelry as collateral with the lender. The lender evaluates your gold and sanctions a loan amount after verifying the documents. As per the evaluation, the lender then sanctions you on the loan amount.

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Tags: Gold Loan Eligibility, how does gold loan works