{"id":45192,"date":"2022-02-07T22:52:32","date_gmt":"2022-02-07T17:22:32","guid":{"rendered":"https:\/\/www.newsilike.in\/?p=45192"},"modified":"2022-02-07T22:52:32","modified_gmt":"2022-02-07T17:22:32","slug":"best-gold-loan-interest-rates-schemes","status":"publish","type":"post","link":"https:\/\/www.newsilike.in\/best-gold-loan-interest-rates-schemes\/","title":{"rendered":"Get the Best Gold Loan Interest Rates & Schemes in the Year 2022"},"content":{"rendered":"

\"Gold<\/p>\n

Gold is an integral part of Indian culture; it\u2019s used during festivals, given as a gift, and a significant part of weddings. It\u2019s also an indispensable component of the Indian investment portfolio.<\/p>\n

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No matter how much planning you put into your finances, there may be a time when a challenging situation arises, and you need a loan. And when times are tough, a gold loan is something you can fall back on.<\/p>\n

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Compared to other forms, a gold loan is a preferred option for many reasons, including low-interest rates. Before we speak about gold loans with the best interest rates, there are a few things you need to keep in mind before taking out loan against gold<\/a><\/u>. They are:<\/p>\n

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  1. Choice of Lender<\/strong> – You can avail of a gold loan from banks or independent financiers. Whoever you pick, it\u2019s best to pick a reliable source and choose one that offers better interest rates. You can check rates with the help of a gold loan interest calculator.<\/li>\n<\/ol>\n

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    1. Loan Amount<\/strong> – You must check the lender\u2019s policy and see how much loan amount you can get for the gold you have.<\/li>\n<\/ol>\n

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      1. Processing Fee<\/strong> – Don\u2019t forget to calculate the processing fee. It can be a flat amount or a certain percentage of your gold loan.<\/li>\n<\/ol>\n

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        1. Interest Rate<\/strong> – There are different gold loan schemes with varying rates of interest. It\u2019s best to explore all your choices to make an informed decision.<\/li>\n<\/ol>\n

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          1. Tenure<\/strong> – Most often, gold loans are short-term loans. So, if you decide to take one, ensure you use a gold loan interest calculator<\/a><\/u>, check your interest rate, and make sure you can pay it off during the specific duration.<\/li>\n<\/ol>\n

            The Best Gold Loan Interest Rates and Schemes<\/strong><\/h2>\n

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            Now that you know what you need to keep in mind before taking a gold loan let\u2019s look at some of the leading schemes and interest rates. One of the key advantages is that gold loans are designed based on the different customers\u2019 needs and lifecycle. So, based on that, you can pick and choose a suitable scheme. Here are the various schemes.<\/p>\n

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            1. Muthoot Take is Easy Gold Loan<\/strong> – This loan is a convenient way to meet all your financial needs. A key advantage is flexibility, so you can pick a payment mode (daily, weekly or monthly basis).<\/li>\n<\/ol>\n

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              Key Features of Take it Easy Gold Loan:\u00a0\u00a0\u00a0\u00a0 <\/strong><\/h2>\n

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