Everything you should know in the world of Finance

Taking a gold loan has become an increasingly popular way for many Indians to access quick funds in times of financial need. With gold loans, you can get a loan against your gold jewellery without having to sell it. This allows you to retain your precious assets while getting the cash you need.

Entrepreneurs have several options when considering a small business loan. While traditional banks are one possibility, many small business owners also turn to government schemes, micro-financing firms, and Non-Banking Financial Companies (NBFCs) for their funding needs. Each of these options offers unique advantages and may be more suitable depending on the business's specific circumstances.

Getting a personal loan as a new employee might seem challenging, but it's entirely possible with the right approach. Many financial institutions offer flexible options for individuals who are just starting their careers. A personal loan for new employees can help cover unexpected expenses, build credit, or finance personal projects without waiting for a long employment history.

Gold has always been an essential part of Indian culture and Indian families. According to the World Gold Council, Indian households are estimated to have around 25,000 tons of gold, often kept for emergencies. When financial challenges arise, many people turn to banks, Non-Banking Financial Companies (NBFCs), and other financial institutions to secure loans against their gold.

Generally, getting business loans for the unemployed is challenging since loan providers find it riskier due to unsteady incomes. But good news awaits you as being unemployed no longer means you can’t fulfil your dreams. India boasts of successful entrepreneurs who have started their entrepreneurial journey while out of work.

Taking a personal loan is a quick and easy way to get access to funds for any urgent needs or expenses. With minimal documentation and quick disbursal, you can get a personal loan up to ₹50,000 approved and credited to your account within a few days.

This blog provides a step-by-step guide to help you get a hassle-free ₹50,000 personal loan through online and offline methods.

Benefits of a Personal Loan up to ₹50,000

Some key benefits of availing a ₹50,000 personal loan are:

A two-wheeler loan helps aspiring bike or scooter owners buy their dream vehicle by providing financing at affordable monthly instalments. However, interest rates on two-wheeler loans can vary significantly across different banks and NBFCs. 

The vehicle purchased serves as collateral against the loan amount. Two-wheeler loan interest rates typically range from 8% to 30%, depending on the financial institution, applicant profile, loan amount, and tenure.

Gold loans have become increasingly popular in India as a quick and convenient way to get funds in times of financial need. With gold prices constantly fluctuating, how do changes in gold rates impact your gold loan? Read on to understand the relationship between the two and how a rising gold price affects gold loans.

What Determines the Gold Price?

A complex interplay of multiple macroeconomic and market factors drives gold prices. The key determinants of gold prices include: