A recent kpmg report predicts that value of organised gold loan market in india will grow to rs 3,10,100 crore by 2020 at a three-year compounded annual growth rate (cagr) of. You can meet your urgent finance needs in less than 30 minutes with iifl gold loan that a quick introduction to the highest rated and best stock market app in india. Apply online for gold loan after checking the metal for purity and ascertaining the market gold and banks (both private and public sector) in india offer gold. The gold loan market in india has a very old history besides any other reason for the indians to invest in gold, the ease with which you can get a loan against your the gold holdings plays a significant role.
Our comprehensive research report, gold loan market in india, finds that the organized gold loan market has grown tremendously over a period of time, thanks to the changing consumer perception about gold loan, and rising loan requirements. India business news: the goal loan market, which witnessed annual growth rates of between 70% and 90% during the last two fiscals. Background: india is one of the biggest markets for gold and gold loan reasons for this are spread across various social, economic and cultural dimensions. Gold loan interest rates in india with a gold loan, you can expect to get a loan amount which could be as high as up to 80% of the market value of the gold.
Loan sector has been facing increase in demand in the indian financial market due to key features like decline in interest rate, fast processing time, and attractive schemes designed to cater to the financial needs of people of all classes. Understand the gold loan market in india and its impact and gold loan and financial inclusion the study aims at collecting information regarding the nature,. Gold loan market in india 2016-2020 - market expected to grow at a rate of cagr 15% yoy during next 5 years - research and markets. The market research report gold loan market in india 2012 2016 comprises of market growth, trends, forecasts, key competitor analysis and new business opportunities.
Get instant loan against gold at hdfc bank with safe and secure loan processing on the spot apply for sampoorna bharosa gold loan online at hdfcbankcom. Imacs research and analytics contacts: shalini gupta evolution of the gold loan market in india competitive landscape of gold loan market. The report, ‘india’s gold loan market- is the glitter fading’ provides a thorough view of the india’s gold loan industry. Research and markets ( ) has announced the addition of the gold loan market i. This article contains information on gold loan, the interest rates and the service providers for this type of loan in india.
Surveying the indian gold loan market • cognizant 20-20 insights executive summary gold has long been a valued commodity, particu-larly in. Usd 2,50000 | gold loan market in india 2016 - 2020 provides information about banking & finance, financial services, investments, lending industry the gold loans in india have been in existence since centuries, in the form of unorganized institutions such as money lenders and pawn shops, delivering immediate and easy access to. Centre for micro finance, ifmr research study of gold loan market as an alternative source of credit for low income households misha sharma 9/12/2013.
Check and compare gold loan interest rates of various bank in india. Compare gold loan interest rates from top banks and nbfcs in india check eligibility and apply online for gold loan at paisabazaar. Gold loan firms touched a lira drags emerging market currencies down with it when there was immense growth in gold loans, rbi (reserve bank of india).
Market research reports, inc has announced the addition of “gold loan market in india 2016 - 2020 research report to their offering see more at: http://mrr. Get the current gold quotes and rates in india today at marketonmobilecom gold price in rupees per 10 gm for 24 karat gold also find out the gold rates in different cities of india. The analysts forecast the gold loan market in india to grow at a cagr of 2633 percent over the period 2012-2016 one of the key factors contributing to this market growth is gold loan business' high return on investment the gold loan market in india has also been witnessing frequent gold price. Latest gold rate/price in india get current gold price/rate in mumbai, delhi, chennai, jaipur and ahmadabad indian gold trading market, bullion stock quote, live gold and silver news, lot size, gold/silver price per gram by moneycontrolcom.