Gold loans have been a popular financing option for centuries, yet many misconceptions still surround this form of lending. In this blog post, we’ll debunk some of the most common myths about gold loans and provide clarity on how they work. Myth 1: You Need a High Credit Score to Qualify for a Gold Loan Reality: Unlike traditional loans, gold loans are secured by collateral (in this case, gold), making them accessible to individuals with varying credit scores. Since the gold serves as security, lenders are more lenient with credit requirements, making gold loans a viable option for those wit ..read more

In the grand tapestry of India’s economic landscape, the narrative is evolving. Non-Banking Financial Companies (NBFCs) are playing a pivotal role in rewriting the script, especially in Tier 3 and 4 cities, where their efforts are transforming lives and communities. This blog shares inspiring story of how NBFCs are not just hiring in rural areas but also engaging in regressive learning development and training, thereby bringing the rural youth into the mainstream financial fold and helping them achieve their dreams. In today’s dynamic and interconnected business landscape, the imperative for c ..read more

Gold can help glitter rural dreams: In the heartland of India, where the vast expanse of rural landscapes meets the pulse of agricultural rhythm, a financial revolution is unfolding. Unlocking the Gold Potential: Traditionally, gold has been more than a precious metal in rural households; it’s a symbol of security and trust. Radian recognized the untapped potential within this golden asset and introduced a seamless Gold Loan offering. Radian’s approach allows rural customers to leverage their gold holdings for financial empowerment without the need for cumbersome paperwork or time-consuming vi ..read more

In the dynamic world of financial lending, understanding the nuances of gold loans can be pivotal. Many lenders shy away from accepting diamond jewelry as collateral, focusing instead on gold purity, weight, and market value. This blog seeks to clarify the intricacies of gold loans, shedding light on the criteria, valuation factors, and the types of gold accepted as collateral.  1. Collateral Criteria:Gold vs. Diamond: Most lenders, consider only the gold component for loans, disregarding the value of diamonds or other stones. Gold Types Accepted: Gold jewelry, coins, and bars are viable ..read more

Gold loans have gained popularity as a favored financing option for individuals seeking quick access to funds. Whether you need to finance your child’s education, start a business, handle medical emergencies, or renovate your home, a gold loan can provide the necessary financial security. However, with numerous lenders and loan choices available, selecting a suitable one to suit your needs can be challenging. Loan Disbursal Time, and Convenience: When comparing gold loan providers, quick disbursal can be critical. Some lenders ask for significant information and documents, that makes the proce ..read more

In recent years, the role of Non-Banking Financial Companies (NBFCs) has emerged as a game changer in driving economic growth, particularly in rural India.  In recent years, the role of Non-Banking Financial Companies (NBFCs) has emerged as a game changer in driving economic growth, particularly in rural India. With their unique business models and innovative financial solutions, NBFCs are playing a pivotal role in transforming the economic landscape and empowering rural communities. This article explores why NBFCs have become a driving force for rural India and how they are making a sign ..read more

In India, gold is seen as a symbol of social standing and financial security. Consequently, gold loans are considered as secured lending. In this interview, Sumit Sharma elaborates on the Indian gold loan market. Here are a few of the reasons behind why gold is seen as a risk hedger: It is a valuable and tangible investment asset. It is used in financial portfolios to diversify them. During times of market instability or uncertainty, it serves as a safe haven asset. Because it cannot be easily created or replicated, its scarcity gives it inherent worth. Over time, gold’s value and purchasing p ..read more

It is no secret that gold has a special place in the hearts of Indians. India is among the leading countries in terms of gold imports, and the most common form of gold ownership in India is through jewelry. Gold in India is not only a precious ornament but also a valuable investment that can be liquidated during times of urgent financial needs, such as medical emergencies, business expansions, and other financial liabilities. In such cases, gold holdings can be leveraged easily and efficiently to obtain loans. Over the past two decades, gold loans have become more mainstream and as a regulated ..read more

Bengaluru, February 23, 2023: Radian Finserv, a gold loan non-banking financial company (NBFC) is looking to cross the Rs. 500 crore assets under management (AUM) mark in 2024, by expanding its footprint in the six states it currently operates in. Radian was incorporated in Sep 2020 and commenced operations in early 2022. Radian presently has 22 branches across Karnataka, Tamil Nadu, AP, Telangana, MP and UP offering gold loans. Radian aims to serve a wide customer base and provide a comprehensive range of financial products and services in the months to follow. Expansion plans include opening ..read more

It is important to invest your money in different assets to ensure the generation of adequate returns to sustain not just your retirement but also to carry on with your daily life without inhibitions. Investing activities must always consider your long-term plans and benefits. The major benefits of investing or planning your investments are that you can fight inflation while creating wealth. To put it in simple terms, risk reduction and wealth creation are the main objectives of investment strategies. While there are many assets you can invest in, a few popular ones would be Fixed income instr ..read more