IIFL Finance, a leading non-banking financial company (NBFC), is offering gold loans at an interest rate of 0.99% per month. Customers can benefit from zero processing fees on loans taken until October 19, under its “Gold Loan Mela.” The company said it offers competitive loan-to-value (LTV) ratios and digital payment options. Manish Mayank, Zonal Head […]
Demand for gold loans soars in India amid rising gold prices – CNBC TV18
Gold loan companies are benefiting from the recent surge in gold prices as a growing number of Indians are opting for gold loans. According to a CRISIL Ratings report, the demand for gold loans in June rose by 20% compared to May 2024. The report indicates that growth trends are visible, with June seeing a […]