Gold loans when compared to traditional business loans offer quicker processing times, easier application process, and higher approval rate. Since, capital secured from a gold loan can be used to fulfill business requirements, availing a gold loan is often a more feasible option to secure quick funding.

 Gold loans when compared to traditional business loans offer quicker processing times, easier application process, and higher approval rate. Since, capital secured from a gold loan can be used to fulfill business requirements, availing a gold loan is often a more feasible option to secure quick funding. 

What upside does a gold loan offer over a business loan?

Most business loans have a fixed tenure, and a fixed monthly installment consisting of both principal as well as the interest component, which often inflates the EMI amount. Whereas, with gold loans, the borrower is liable to pay interest on a monthly basis, and can make bullet payments towards the interest component as and when they have the bandwidth for repayment. Thus, gold loans offer a higher flexibility when it comes to repayment.

 Most business loans have a fixed tenure, and a fixed monthly installment consisting of both principal as well as the interest component, which often inflates the EMI amount. Whereas, with gold loans, the borrower is liable to pay interest on a monthly basis, and can make bullet payments towards the interest component as and when they have the bandwidth for repayment. Thus, gold loans offer a higher flexibility when it comes to repayment. 

Which loan offers a borrower-friendly repayment option - Gold loans or business loans?

Yes, gold loans offer lower interest rates when compared with traditional business loans, IndiaGold offering gold loan online offers loans starting at just 0.75%* per month, whereas most banks charge business loan interest rates ranging between 10% to 30% per annum.

 Yes, gold loans offer lower interest rates when compared with traditional business loans, IndiaGold offering gold loan online offers loans starting at just 0.75%* per month, whereas most banks charge business loan interest rates ranging between 10% to 30% per annum. 

Gold Loans starting at just 0.76% per month*