Welcome to Honey Marketing Gobichettipalayam. We do all type of banking related works and insurance, mainly gold loans.
Gold loans (or gold deposits) may be undertaken to obtain an income return on gold. The gold that is placed on loan (or deposit) may be either a financial asset (i.e., monetary gold) or a non- financial asset (i.e., non-monetary gold.) The gold remains on the books of the gold lender, and the lender retains the exposure to the market risk arising from movements in the market price of gold. Loan against Gold Ornaments is a product designed to provide liquidity against gold ornaments without having to sell them. Gold ornaments lying idle can be put to productive use by availing Loan against Gold Ornaments. Loan will be sanctioned on submission of all the required documents and satisfactory assessment of gold ornaments. Loan amount is disbursed by cash, DD or funds transfer to an account (as the case may be).
In the case of default in repayment, penal interest (as the case may be) will be charged around 2% per annum over and above the normal rate of interest
The product is packed with features such as:
- Hassle-free quick processing of loans.
- Simplified paperwork.
- Easy payment options.
- Attractive interest rate.
- Loan amount ranging from Rs. 10,000 to Rs.15,00,000.
Gold loans (or deposits) are not backed by cash collateral and, in some cases, are not backed by non-cash collateral. However, the gold may be on-sold by the borrower. With Gold Loan, you can get an instant loan against your gold jewellery and ornaments. The procedure is simple, documentation is minimal and approval is quick.
So what are you waiting for?
Contact our team and get your needs or call us +91-9994052885