Loans

Is It Safe to Take a Gold Loan from a Private Financer in India?

In India, gold isn’t just jewelry—it’s an emotional and financial asset. When people need quick cash, many turn to one reliable option: the Gold Loan. But while banks and NBFCs (Non-Banking Financial Companies) are trusted sources, some borrowers consider going to private financers. This raises a big question: Is it safe to take a gold loan from a private financer…