Loan against Gold

If you are hard up for cash and need the money immediately, consider pledging gold. But remember, there are serious pitfalls, explains Debashis Basu

You can see their advertisements all over: Muthoot Finance, Muthoot Fincorp (the two entities are separate) and Manappuram Finance. They specialise in lending money against gold. All three companies are from Kerala and are spreading at a rapid pace...

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