Everything you should know in the world of Finance

Higher education is one of the most significant investments that one ever makes. However, the rising cost of education can be a challenge for many. In such situations, planning out the finances becomes inevitable and among the safest options for investment is a Fixed Deposit (FD).  An FD scheme for higher education can be a strong option for saving money because it is reliable.

Gold loans are among the most accessible ways to obtain financing, especially for those seeking quick, collateral-based funds. When you pledge your gold as security, financial institutions—such as banks and NBFCs (Non-Banking Financial Companies)—offer you a loan, usually a percentage of the gold’s current market value.

Gold has long been a symbol of wealth and security in Indian culture, often passed down through generations. Today, gold isn’t just a traditional asset but also an effective financial tool for tackling various expenses.

With the rising costs of healthcare, education, and life’s other necessities, gold loans are becoming a popular choice for those who need fast access to funds without the lengthy approval processes of other loans.

Fixed Deposits (FDs) have long been a cornerstone of conservative investing in India, offering a blend of reliability and predictable returns. However, as financial products evolve to meet diverse investor needs, two distinct types of FDs have gained prominence: Short-Term Fixed Deposits and Flexi Fixed Deposits. Each caters to different financial goals and liquidity requirements, presenting investors with a choice that can significantly impact their financial strategy.

Fixed deposits (FDs) are a popular investment choice in India, offering predictability and attractive returns. For individuals seeking a reliable source of monthly income, especially retirees or those with fixed expenses, opting for a monthly interest payout from fixed deposits can be an effective strategy. This blog will explore how to set up your FD for monthly income, the benefits of this approach, and important considerations to keep in mind.

Gold loan interest rate trends can vary significantly, with various banks, NBFCs, and specialised financial institutions offering gold loans. While the approved loan amount depends on the purity and weight of pledged gold, the interest rate is determined by several other factors. Understanding these factors affecting gold loan interest rates is important for borrowers. It can help them make an informed choice and get the best interest-rate deal on their gold loan.

Gold loans are one of the best ways to secure quick funding in times of financial need. All you need are your gold articles and some basic KYC documents. However, before rushing off to get a gold loan, there are some important factors you should consider. Being aware of these key things will help ensure you have a smooth and hassle-free gold loan experience.

On that note, let’s take a look at the 8 important things to know before applying for a gold loan in India.

For generations, gold has held a special place in Indian homes, serving as an essential asset class and sentimental heirloom. During times of need, these otherwise idle gold ornaments and coins can prove value unexpectedly - by providing access to financing through gold loans.

Smart Ways to Use Your Gold Jewellery for Instant Loans

Beyond its emotional and cultural value in Indian households, gold is also considered a valuable financial asset. In times of need, gold jewellery can be used to quickly access funds through gold loans offered by financial institutions.

Bike loans allow you to purchase and start using your dream bike right away while repaying the loan amount to the bank or NBFC in easy monthly instalments (EMIs). For salaried individuals, providing salary slips and proof of income is necessary when applying for a bike loan. But what if you don't have a fixed monthly salary? Don't worry! You can still get a bike loan by following the right process.