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What Is A Gold Loan?

What Is A Gold Loan?

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 A gold loan is among banks’ profitable loans as banks are free from the worry of non-performing assets (NPAs). This is because the jewelry that is taken as collateral remains with the bank even if the borrower defaults on the payment of their monthly installments on their loan.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.