Gold loan: A Quick Comparison on Interest Rates

Availing gold loans have been age old custom in the Indian system. Many people go for gold loan to meet short term requirement. However, they are one of the most expensive forms of loans and should be availed only in case of an emergency.

Gold loans are based on the value of the ornaments. During the loan tenure you are expected to pay the interest. Take a look at how the interest rates compare between different institutions.

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