Avail Gold Loan in any financial emergency. Opt HDFC Gold Loan to acquire cash instantly at minimal rate of interest. There is no burdened procedures in sanctioning ornament debt.
Beware! The margins are more and so is the rate of interest. The Gold is tested by the primitive method of rubbing it against a stone. There are also hidden charges. Better to have a Gold ETF in demat form and avail loan against it from recognised institutionsand not from Jewelers.
avoid loans and paying interest, except for basic necessity like housing,health and education reasons. rest of the things are not worth taking a loan and paying interest.
I feel sad to see many a family borrowing money for marraiges.
Re: For peaceful life
by satishgs on Jul 11, 2011 07:40 PM
Mallus are making a killing by offering gold loans, no one is sure if they are returning the same original pledged gold or replacing with mimic of inferior quality.. They may maintain same weight but no one can be sure, if the gold that was with them was not tampered with ...
be careful...many unscrupulous operators are offering gold loan and cheat in the end
Re: Re: For peaceful life
by spenta on Jul 20, 2011 10:51 AM
Muthoot finance is a worst money lender Pl beware of them !!! there are many hidden charges so take u r pic
