If you are in an emergency situation or need urgent money, taking out a gold loan is best. It is also one of the best ways to arrange money in less than 24 hours. Therefore, we have listed the top gold loan companies in India for you. You can contact any of them to fulfill your short term requirements. Additionally, in most of them the interest rate on gold loans is similar. You only need to be a genuine person with identity proof, address proof etc.
Additionally, if you are taking out a gold loan from a new company, be careful. Use techniques to check if the company is fake or real. There is nothing wrong in taking loans from an NBFC. Knowing the company is also important for your privacy and data protection. Your reasons for taking out a loan may differ but protecting personal data is very important. Above all a fake company can run away with the mortgage assets. Therefore, whenever you are doing a financial transaction, keep your eyes always open. Especially when you are dealing with gold loan companies.
What is NBFC and why is it important to do a reference check?
Full form of NBFC is non banking finance companies. That means these are not banks but small financial institutions. There are many companies who take care of your money requirements. NBFC also deal in personal loan, home loan, small business loan etc. Most of them have a wide portfolio.
Gold Loan Companies in India
Here is a list of some top companies that give loans against gold in India. If you are looking for gold loan companies in Delhi or gold loan companies in Bangalore most of these have offices in prime locations. If you search for gold loan companies in Mumbai or gold loan companies in Hyderabad, you will get similar results. The objective is to say that these are trusted brands. Once you pay the loan amount in full, you will be able to get your gold jewellery back easily.
1 – Muthoot Finance Gold Loan
2 – IIFL Finance Gold Loan
3 – HDFC Bank Gold Loan
4 – ICICI Bank Gold Loan
5 – SBI Gold Loan
6 – Federal Bank Gold Loan
7 – Canara Bank Gold Loan
8 – Axis Bank Gold Loan
9 – Manappuram Finance Gold Loan
10 – Muthoot Mini Gold Loan
These are some famous gold companies in India that you should consider. Due to some reason if they reject your loan then you can try other companies also. But make sure you do a company background check before taking out a gold loan from them.
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