Exploring the Different Types of Gold Loans: Which One Fits You Best? muthoot360 Mon, 04/15/2024 - 15:57 Gold loans are gaining popularity due to their quick and easy process for obtaining funds to meet urgent financial requirements. A gold loan is a secured loan that involves pledging gold jewelry or ornaments as collateral. Financial institutions provide funding against gold tailored to accommodate the diverse needs of borrowers.  With the rising demand for gold loans, Muthoot Finance has introduced several types of popular gold loan schemes tailored to customers' diverse needs. These ..read more

22 Carat vs. 24 Carat Gold: Which Is the Better Investment? muthoot360 Mon, 04/15/2024 - 15:57 Coveted for centuries, this gold has been a symbol of wealth, power, and stability across a number of cultures and civilizations. Whether adorned as jewellery or stored as bars or biscuits, gold has remained a popular asset for investors who want to preserve and grow their wealth over time. However, before investing in this precious metal, it is crucial to understand your needs and the reason behind buying gold. Whether you want to buy gold just to sell it later, to avail a gold loan or to make jewe ..read more

Stay Updated: Today's Standard Gold Rate muthoot360 Mon, 04/15/2024 - 15:57 In India, gold has always been considered a valuable asset. Being synonymous with wealth and prosperity, this precious metal is often associated with an individual’s financial standing as well. Apart from this, gold is also among the most popular investment avenues because of the lucrative returns it offers. The simple reason behind this is the constantly increasing market price of gold. A Closer Look at the Indian Gold Market In the last few decades, the gold market in India has experienced notable fluctuations. If w ..read more

A Guide on How to Check Gold Purity muthoot360 Mon, 04/15/2024 - 15:56 Gold is a precious metal known for being a symbol of wealth, prosperity, and status. It holds quite a special place in the hearts of Indian people, deeply rooted in tradition, religion, and symbolism. Extensively used in weddings, religious ceremonies, and other celebrations, gold is also considered a family heirloom, passed down through generations. Beyond cultural significance, gold is seen as a secure investment and a financial safety net. During financial crises, many turn to gold loans, using their gold to secure cred ..read more

How to Take a Loan Using Gold Jewellery? muthoot360 Wed, 03/13/2024 - 18:24 We all know that gold is the favourite precious metal in Indian households as it is not only a sign of good fortune but also a secure form of investment. Indians generally buy gold, as they see it as a readily liquidable fund that can be helpful in case of future emergencies. So, they have it in the form of jewellery or gold bonds. Many financial service providers offer gold loans in India for different needs of borrowers. These days uniquely tailored schemes are available to cater to the needs of all kinds of borrowe ..read more

How Are Gold Loan Eligibility and Amount Calculated? muthoot360 Sat, 03/23/2024 - 11:42 Considered to be an auspicious metal, gold has always been revered in India. It is not uncommon for people to purchase gold around major festivals or to mark occasions. However, in recent years, gold has been gaining even more popularity as one of the safest investment avenues available for people and as security and a hedge against inflation. Gold also proves to be quite useful in moments when there is a sudden need for funds. Whether it is a medical emergency, for planning a wedding, renovations, debt co ..read more

How are Gold Rates Determined in India? muthoot360 Wed, 03/13/2024 - 18:27 Gold is one of the most valuable metals that exist in human history. Its liquidity potential and investment benefits make it a great asset. In the financial world, it is considered an indomitable hedging tool to beat inflation as it has not seen much price fluctuation during the time of crisis. This is why gold loans are the best way to get immediate funds on hand based on the gold rate on a particular day. Speaking of gold rates, it is quite interesting to know how gold rates are determined. It is not a ..read more

GST on Gold: Impact of GST On Gold Jewellery 2024 muthoot360 Wed, 03/13/2024 - 18:27 In India, gold is considered not just a precious metal, but it represents prosperity, luck, and tradition. Gold ornaments are used not only for personal use but have many other commercial uses too. It is a reliable and stable source of investment in India. To this day, the country remains the largest consumer of gold in the world. However, the implementation of the GST has a great impact on the trade of gold. This precious metal attracts GST rates on diverse levels, from manufacturing to the buying process. L ..read more

Know About The Gold Rate Today for Gold Loan Per Gram muthoot360 Wed, 03/13/2024 - 18:26 Before you avail a gold loan, one of the most crucial factors to consider is the per gram rate of gold. This rate determines the value you receive for each gram of gold you pledge as collateral. However, the per gram rate is influenced by various factors which makes it essential to understand the dynamics involved. This blog is a complete guide to gold loan per gram rate that will help you with the knowledge to make informed decisions. The Importance of Gold Rates Gold has long been regarded as a valuable ..read more

A Complete Guide About Gold Loan Process and Eligibility muthoot360 Wed, 03/13/2024 - 18:24 What is a Gold Loan? A gold loan is a type of secured loan where the borrower pledges their gold possessions as collateral to a lender. Gold loans have emerged as a popular option amongst individuals in the country, who want to unlock the value of their gold jewellery or ornaments to meet their immediate financial needs. The gold loan process in India provides a convenient and accessible way for individuals to access funds quickly, often without the need for extensive documentation. This type of loan is ..read more