{"id":10335,"date":"2024-01-03T14:14:44","date_gmt":"2024-01-03T14:14:44","guid":{"rendered":"http:\/\/www.aarthikfinserv.com\/?p=10335"},"modified":"2024-01-03T14:14:45","modified_gmt":"2024-01-03T14:14:45","slug":"benefits-of-a-gold-loan","status":"publish","type":"post","link":"https:\/\/www.aarthikfinserv.com\/index.php\/2024\/01\/03\/benefits-of-a-gold-loan\/","title":{"rendered":"Benefits of a Gold Loan"},"content":{"rendered":"\n<p><strong>Gold <\/strong>is an <strong>asset <\/strong>which every household has as an Investment, as part of their savings, as a security and in case of a need it is a savior, since one can pledge it to avail the funds for emergencies.<\/p>\n\n\n\n<p>The benefits of Gold Loan:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Banks\/NBFCs normally <strong>do not check regulatory scores <\/strong>(such as CIBIL, CRIF, Experian etc.) while availing a Gold Loan<\/li>\n\n\n\n<li>It can be used as a tool to <strong>increase the regulatory scores <\/strong>which helps one to avail bigger loans at a future date with or without collateral<\/li>\n\n\n\n<li>The <strong>processing <\/strong>is too <strong>fast <\/strong>(most of the times the same day)<\/li>\n\n\n\n<li>Can be taken as a <strong>one time disbursement <\/strong>or have an <strong>Overdraft <\/strong>facility (pay interest for the number of days the loan is used)<\/li>\n\n\n\n<li>Mostly <strong>online process <\/strong>or with minimum documentation<\/li>\n\n\n\n<li><strong>Rate <\/strong>of interest is <strong>competitive <\/strong>(almost equivalent to Home loan rates)<\/li>\n\n\n\n<li>Flexibility of <strong>part payment <\/strong>or <strong>pre closure <\/strong>without much hassle<\/li>\n\n\n\n<li>Since gold works as a primary collateral to funding agencies <strong>no additional property collateral <\/strong>required<\/li>\n\n\n\n<li>One can avail Gold loan in addition to <strong>any existing loans<\/strong><\/li>\n\n\n\n<li>Banks\/NBFCs <strong>do not ask <\/strong>for a reason\/<strong>purpose of end use <\/strong>of funds<\/li>\n<\/ul>\n\n\n\n<p><strong>Subsidies available <\/strong>if it is taken from a particular bank branch location<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold is an asset which every household has as an Investment, as part of their savings, as a security and in case of a need it is a savior, since one can pledge it to avail the funds for emergencies. The benefits of Gold Loan: Subsidies available if it is taken from a particular bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/10335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/comments?post=10335"}],"version-history":[{"count":1,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/10335\/revisions"}],"predecessor-version":[{"id":10336,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/10335\/revisions\/10336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/media\/10226"}],"wp:attachment":[{"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/media?parent=10335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/categories?post=10335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aarthikfinserv.com\/index.php\/wp-json\/wp\/v2\/tags?post=10335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}