IndiaGold – Revolutionizing Gold-Backed Loans in India
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Introduction
The lending market in India has been seeing a constant uptick in the number of borrowers and the overall market size. This has led to the entry of new players in the space focusing. Now, the gold loan as a product is one of the oldest in the lending market with gold smiths and private lenders being the pioneer. Now the product is being offered by players in the organized sector like lending institutions like banks, and non-banking financial companies. One such player is IndiaGold who have disrupted the market with unmatched convenience to the borrowers, secure lending practices and one of the cheapest interest rates in the market.
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What is IndiaGold?
IndiaGold is an online platform offering a suite of services like gold loans, investment solutions like digital gold, etc. With a special product line and field-based servicing, indiagold enables its partners to offer asset-backed loans in areas previously untapped, at minimal cost. Their partners gain from the strategic blending of risk management and stringent credit costing with creative algorithms and app-based operation to enhance efficiency of operation.
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How It Works
The process of obtaining a gold loan from IndiaGold is fairly straightforward, requiring minimal effort from the borrower. It is a 3 step process, and all thanks to the lightning quick processes and assessing criteria, IndiaGold is often able to serve gold loans at an unbelievable speed!
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Make a Request : You may contact IndiaGold or call at 1800-123-999-888 to book an appointment with the relationship manager.
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Loan Assessment : The relationship manager will then understand your requirement, assess the gold and process the gold loan application in a matter of minutes.
- Gold Stored in Secured vaults : Upon successful application, IndiaGold will take the asset into possession. Worry not - IndiaGold stores your gold in secured vaults, and your gold is 100% insured and IndiaGold’s responsibility.
- Pay off Loan : Pay off the loan as outlined in the repayment scheduled, however you may also make prepayments if you wish to close the loan account sooner. Upon payment of all the dues, you will get back the possession of your pledged gold.
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Key Services
IndiaGold offers lending solutions like gold loans and modern digital investment solutions in gold assets in the form of digital gold.
With a vast footprint in major cities like Delhi, Mumbai, Surat, Pune, Lucknow, Hyderabad, Chennai, and Indore - IndiaGold is able to offer one of the most affordable gold loan solutions with interest rates starting at just 0.85% per month*. Additionally, convenience offered in the form of extremely fast disbursal in 30 minutes, and one of the highest LTV offered; IndiaGold has been able to carve a sizable chunk in the gold loan industry.
IndiaGold also offers digital investment solutions in the form of digital gold. They provide investors an opportunity to invest in, trade, and own gold electronically, a safe and easy method of investing in the metal. It takes the security of the metal and the ease of new technology and presents it as an easily tradable, accessible, and easy-to-carry asset on online exchange platforms.
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Benefits of Using IndiaGold
Choosing IndiaGold as a lending and digital gold purchase partner comes with its own set of benefits. Some of them are as follows:
- Low interest rates on gold loans starting at just 0.85% per month*
- High loan to value (LTV) ratio offered on gold loans
- Quick assessment and disbursal process on gold loans with turn around time as low as 30 minutes
- Hassle free online repayments
- Quick release upon complete repayment of the loan
- A platform conducive to ease of investment in digital gold asset
Conclusion
IndiaGold is revolutionizing India's gold loan sector with quick, secure, and low cost loans. Borrowers can borrow on competitive interest rates using a user friendly platform and minimal documentation.
Apart from gold loans, IndiaGold also offers digital gold investment in the form of digital gold. This enables customers to invest in, buy, and store gold virtually, where they have the security of physical gold but the ease of the present technology. IndiaGold offers an easy and convenient way of investing in gold.
With a solid presence in major metropolitan cities like, Delhi, Mumbai, Surat, Pune, Lucknow, Hyderabad, Chennai, and Indore - IndiaGold is disrupting the market by offering low interest rates, high loan-to-value, and disbursal of loan within 30 minutes. Its thinking outside the box has revolutionized the gold loan sector by making borrowing simple for consumers and providing a safe and easy investment platform.
