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Writer's pictureDialabank

Life cycle of Gold loan from just Gold!


When we go back, gold was just that metal which shines in the bright eye-catching gold colour and sparkles which don’t go away or rust off even though let's say for a decay altogether. It has been one of the most attractive metals to be existing even now! In the ruling time and the empire times, all the kings and queens were very keen on decorating their ruling dynasty empires with gold and many of them even fought for this precious metal! But ever thought what was so precious and serious about this metal to take over and get into fights for? Well, at the end of the day it’s all money!


The gold is the only metal at those times, which was accepted overall by each and everyone and has been and is now, as a form of payment in exchange. This was and is all possible due to the history that it has been associated with. The monetary system of the nation at that point of time was just based upon gold and was eventually developed after several years. And it is the Center for everyone and everything due to it’s no due date for the consumption to take place, like the others do, for example when we take the case of Water, oil or rice, they are to done and get consumed over someday if not today, but that’s not the case of gold. Apart from being an advantage, many problems have also been associated due to this factor of gold.


And then the time we’re jewellery the women’s favourite at any point of time, came into picture which was made using gold, and it couldn’t be the topic that was stopped to talk about. As mentioned, the reason behind it can’t be consumed, they take the utmost care and affection towards the gold jewellery and save it securely in lockers and vaults and it goes on the same for decades and decades together. This is because, they don’t just consider the gold to be seen as just metal, but it is tied up and associated with one’s emotions and sentiments on a whole. And to take no strain and stress for any of the occasional, each and everyone would have the gold jewellery as a rescue to dress up for and move forward to any function that takes place.


Now, coming to the transformation and the shift in the life journey of gold, now the more gold is heard with a continuation of loans. Which is nothing but the ultimate gold loan. This major transformation resulted due to the change and advancement throughout the generation that had been taking place from time to time and in day to day lives of the people. When spoken above about generations, the mindset and thinking has become very open and broad-minded and hence, it runs mostly on the side to save up and invest as much as possible. And in a similar manner, gold has also been dragged up into the picture that revolved around the investment factor and has been put to very great and advantageous use.


This is nothing but a process where, if one has gold particles being consumed at homes, and if in need to develop with business or life factors, he or she can lend the gold articles to the lenders and banks in return for a loan, which could get them to settle in life without any further delays. All they have to do is pay the gold loan interest rate, and choose to repay accordingly and the calculation of payments can be done via using the gold loan EMI calculator!



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