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#IIFL gold loan
targetstudy · 14 days
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Which Loan is Best, FD, Gold Loan, Mutual Fund, Personal Loan
What is Loan
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Some Types of Loans
FD (Fixed Deposit) Loan
You can take a loan against bank FD without breaking it. In this way, along with the benefit of maintaining the savings deposited in the bank, one also gets the necessary cash.
The interest rates (12–15%) applicable on FD loans are also lower than personal loans. This loan is also easily available immediately. Also, there is no need to submit many documents to the bank for this. Savings also remain intact along with debt.
Gold Loan
Gold loans have become attractive these days as gold prices have reached Rs 75,000 per 10 grams. Now you will get more loan than before on mortgaging jewellery.
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iifl-loan · 6 months
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Want to avoid capital gains tax on gold? Let’s break down three common strategies that investors use to minimize capital gains taxes on gold. Read it know more!
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bestinformation00 · 11 days
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munafekideal · 1 month
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After the RBI halts the issuance of its gold loans, IIFL Finance begins a special audit
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banking-on · 2 months
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Gold Loan Calculator - Calculate Gold Loan EMI Online at IIFL Finance
Gold Loan Calculator - Calculate the Gold loan EMI with IIFL Finance Gold Loan Calculator. Calculate EMI and check gold loan eligible amount as per gold weights per grams.
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optionperks · 3 months
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IIFL Finance share price down 20%; Jefferies downgrades the stock ratings to Hold as gold loan ban may hurt profit
Stock Market Today: IIFL Finance saw its stock price decline 20% in morning trades on Tuesday as the ban of gold loans has dampened investor sentiments. The share price had declined 20% on Monday also post Reserve Bank of India barred IIFL Finance from disbursing Gold Loans. The IIFL Finance share price trading at close to ₹382.80 now in the morning trades thereby is down more than 35% compared to closing levels of around ₹596.80 on the BSE on Friday. Gold loan book forms around 32% of assets under management as per analysts. Jefferies has Downgrade stock to Hold ratings as ban ban will hurt profit. Analysts at Jefferies India Pvt Ltd in their report said that the “RBI's restriction on disbursing gold loans due to material supervisory concerns should dent earnings due to rapid unwinding of profitable gold loan book (32% of AUM), lower co-lending income and potentially higher CoF (cost of funding)". www.optionperks.com
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sayyedsharmin · 8 months
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Understanding Gold Loan Interest Rates
Gold loans have emerged as a popular financial instrument for obtaining quick funds against the security of gold ornaments or coins. One of the crucial aspects to consider before availing a gold loan is the interest rate, as it directly impacts the cost of borrowing. In this guide, we will delve into the intricacies of gold loan interest rates and introduce you to IIFL Securities, a trusted platform to apply for gold loans.
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Factors Influencing Gold Loan Interest Rates:
Loan-to-Value (LTV) Ratio:
The Loan-to-Value ratio determines the percentage of the gold's value that a lender is willing to provide as a loan. Higher LTV ratios often come with higher interest rates, as they represent a greater risk for the lender.
Loan Tenure:
The duration for which you wish to avail the gold loan can influence the interest rate. Longer tenures may attract lower interest rates, while shorter tenures might have higher rates.
Market Conditions:
Fluctuations in gold prices and market conditions can impact interest rates. During times of economic instability, interest rates may vary.
Credibility of the Lender:
Established and reputed financial institutions tend to offer more competitive interest rates compared to lesser-known lenders.
Loan Amount:
The amount of gold you pledge as collateral can affect the interest rate. Higher loan amounts might lead to lower interest rates.
Understanding Interest Rate Structures:
Fixed Interest Rates:
With a fixed interest rate, the borrower pays a predetermined rate throughout the loan tenure. This provides stability and predictability in monthly repayments.
Floating Interest Rates:
Floating interest rates fluctuate based on market conditions and are often linked to a benchmark like the repo rate. While they can be more dynamic, they may offer lower rates during favorable market conditions.
Conclusion:
Understanding gold loan interest rates is crucial for making an informed borrowing decision. By choosing a reliable platform like IIFL Securities to apply for a gold loan, you can benefit from competitive interest rates, transparency, and a hassle-free process. Visit the IIFL Securities website today and unlock the potential of your gold assets. Apply for a gold loan now!
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hmatrading · 1 year
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The 10 Best Mobile Trading Apps in India by 2023
Mobile trading apps have become a popular way to invest on the Indian share market. They are convenient and easy to use. Stock trading apps allow you to buy and sell stocks on your smartphone by searching nifty bees share price, iifl share price, angel broking share price, gold bees share price, angel broking share, iifl securities share price and more.
On your way to work, you can complete the trades.
Download probo trading apps or other apps to access the platform quickly, make a trade, and get news and alerts, or stream streaming videos.
Please note that you need to have a Demat & Trading account in order to use the trading application of your stockbroker. You need the Zerodha Demat & Trading App to use Zerodha's trading app.
 
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Here is a list of the top trading apps for India in 2023.
The list was created using user ratings and trading experiences from app stores, broker sites and various forums.
Zerodha Kite is the best for all traders
5paisa is the best known for its ease of use.
Upstox is great for performance and speed
Edelweiss is great for biometric single-touch login
Angel Broking - Best full-service broker
HDFC Securities: Invest in multiple assets at once with HDFC Securities
IIFL Markets is the best app for stock market reports.
Motilal oswal is a great option for investing using algo-based algorithms
Sharekhan is a great app for trading academy courses
Stock Notes - Perfect for AI-based tools
 
The Benefits of Trading Apps
·      Orders can be placed quickly and with minimal effort.
·      Fast order execution & 24x7 access to the market
·      Smooth online account opening process
·      Real-time updates on the market and portfolio overview
·      Instant notifications and price alerts on the go
·      Transfer of funds with security
·      Easy Mutual Fund & IPO application
 
 Best trading app in India for beginners 2023
 
1. Zerodha Kite Mobile Trading App Review
Zerodha Kite, one of India's most advanced mobile trading apps in India with an easy-to-understand interface for beginners and no brokerage. zerodha account opening process very simple and easy to do anyone. 
All trading tools are available, including Chart IQ which provides real-time trend and price information.
Kite mobile trading is a miniaturized version of Zerodha’s Kite trading platforms, which are the best trading platforms for all discount brokers. zerodha calculator is find out the brokkerage charges and other extra charges. 
You can access console reports that will help you to know what the experts think about probo trading, and to strategize accordingly.
 
2. 5 Paisa App Review
The 5 Paisa trading app for mobile is the best in India. It allows you to place orders with just one click. Technical analysis is possible with advanced charts that offer a variety of studies and drawing capabilities.
The app allows you to access 5 Paisa products such as Smart Investor, Screeners, Senibull, and Small Cases while trading.
The app allows you to invest in mutual funds directly, purchase digital gold, insurance, and personal loans.
 
3. Review of UpStox Mobile Trading App
UpStox Pro helps you trade in shares, equity derivatives, and currency F&O. You can trade directly from charts by using the "Trade from Charts" (TFC).
Upstox Trading App provides advance charts with multiple intervals, drawing styles and types. You can use 100+ technical indicators to trade in real time.
App has a simple, intuitive and clutter-free look.
You can also create your own watchlist and receive live market feeds. Set an unlimited number price alerts.
The app allows you to switch between night and day modes for better visibility. Downloading the Upstox Pro trading app for mobile is free. No Hidden Charges you can calculate through upstox calculator. 
UpStox charges Rs. UpStox charges Rs. The transaction fee is Rs. You can open your account instantly and without paper.
 
4. Nuvama Wealth (Earlier Edelweiss) Mobile Trading App Review
Nuvama, the trading app that was formerly Edelweiss, has an easy fingerprint login. You can access research while trading.
This app provides real-time streaming prices of stocks and tick by click charts that keep you up to date and allow instantaneous market analysis.
You can create a "preset custom watchlist" based upon your chosen filters and Sensex Tracker in order to identify trading opportunities.
You can also invest in mutual funds using the app.
 
5. Angel One App Review
Angel One offers 40 technical charts indicators and overlays to aid in technical analysis and trading. The Angel's ARQ portfolio tool is integrated into the app.
App has a simple and intuitive interface.
The app allows you to access the last ten transactions of Ledger, Funds or DP reports.
 
6. HDFC Securities Mobile Trading App Review
HDFC Trading App has a biometric login that uses fingerprint and facial recognition. You can buy and sell from your watchlist.
HDFC Trading App offers real-time intraday charts and instant access trending investment ideas.
The app allows you to invest in gold, NCDs and derivatives in addition to trading in stocks and derivatives. The app also has a chat function with support staff to quickly resolve issues.
There are some negative reviews about login issues
 
7. IIFL Markets Mobile Trading Review
IIFL Market offers you expert research and tips on more than 500 stocks, when you trade via their mobile app. You can create up to 50 scrips per list.
To better manage the portfolio, this app provides intelligent dual-stock-watch across multiple segments (equity and F&O, currency, commodities, and currencies).
You can also invest in IPOs and OFSs (Offer for sale) via the app.
 
8. MO Investor Mobile Trading app by Motilal oswal
The Motilal-Oswal (MO), Investor App integrates ACE, an algorithm based investment strategy.
This app allows you to place multiple orders with just one click.
Charts can be displayed for any time period (from 1 minute to 5 years). You only have 9 technical indicators to analyze charts.
The app is easy to use and offers the option to invest in mutual funds or buy gold.
There are reports of the charts loading slowly and prices not being updated in real time.
 
9. Kotak Stock Trader Mobile App Review
Kotak Stock Trader app allows you to diversify your portfolio of investments by allowing you invest in IPOs, Mutual Funds ETFs and Bonds. kotak securities login. 
Charting tools allow you to create a custom watchlist, and keep track of markets in real time. You can actually sell from the position's view page. 
Apple's app store, however, has a rating of 2.9 and there have been reviews about customers being automatically logged out.
 
10. Sharekhan Mobile Trading App Review
The Sharekhan Trading App helps you to trade intelligently by providing live charts with multiple timeframes (1 minute up to 1 year).
App has a pattern identifier for finding new trading ideas. The Sharekhan Online Trading Academy courses are available directly from the app.
The app is designed in black and white to enhance the viewing and trading experience. You can stay logged in after closing the application. Sharekhan Refer & Earn Demat Account Earn ₹400 for every referred friend who generates ₹40
There are some customer reviews (complaints) stating that the app requires frequent password changes.
Read More - https://hmatrading.in 
Source - https://sites.google.com/view/besttradingappinindia2023/
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news-apke-saath · 1 year
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IIFL Finance’s 'Gold Loan Mela’ Offers Gifts to All Customers Taking Gold Loan until March 20
HARYANA .  IIFL Finance, which is one of India’s largest non-banking financial companies, has launched ‘Gold Loan Mela’ for customers of Haryana with exciting offers. This offer is valid across all 96 branches of Haryana until March 20, 2023. Nine lucky customers will be taking home a 32 inch LED TV, while there are assured gifts for every customer who takes gold loan from IIFL Finance branch…
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newjagaran · 2 years
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iifl-loan · 6 months
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Apply Gold Loan Online - Instant Loan Against Gold in India | IIFL Finance
Gold Loan (गोल्ड लोन) - Apply for instant gold loan online in India. Get the best loan against gold or jewellery loan on low interest rates. Apply for jewel loan now!
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tradeplus-online · 2 years
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Vodafone Idea opted for a 4-year moratorium on payment of Rs 8,837 Cr in AGR dues
Hero Motocorp, India’s largest 2-wheeler manufacturer, plans to hike the retail prices of its motorcycles and scooters by up to Rs 3,000
Hero Motocorp, India’s largest 2-wheeler manufacturer, plans to hike the retail prices of its motorcycles and scooters by up to Rs3,000. This is likely to be effective from 01st July 2022. The auto sector has been badly hit by the spike in the cost of key inputs like steel, aluminum, plastics, etc and this price hike will help to partially offset the impact of the cost inflation. The precise price increase would differ from model to model. Hero Moto offers a range of models with a price range extending from Rs51,450 to Rs1.32 lakhs.
IIFL Finance, the NBFC arm of the IIFL Group, plans to raise debt capital to the tune of Rs5,000 crore via the issue of bonds through a public issue
IIFL Finance, the NBFC arm of the IIFL Group, plans to raise debt capital to the tune of Rs5,000 crore via the issue of bonds through a public issue. This is still subject to statutory approvals. The sum of Rs5,000 crore would be raised in one or more tranches via issuance of redeemable non-convertible debentures. IIFL Finance offers home loans, gold loans, and business loans; with a focus on LAP financing, MSME funding, microfinance, and developer and construction finance. IIFL Finance has 3,119 branches across 500 cities.
Vodafone Idea opted for a 4-year moratorium on payment of Rs 8,837 crore in AGR dues
Vodafone Idea opted for a 4-year moratorium on payment of Rs8,837 crore in AGR dues. The company also has the option to convert interest on deferred amounts into equity to the government. The government is already set to own 33% of Vodafone Idea in lieu of interest on dues with an NPV of Rs16,000 crore. They have to decide on the conversion of the interest on AGR into equity within 90 days. Telecom operators owe Rs1.65 trillion as adjusted gross revenues (AGR) share to the government up to the fiscal year 2018-19.Related Articles
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The Maran family-owned Sun TV Network touched its 52-week low of Rs 402.55
The Maran family-owned Sun TV Network touched its 52-week low of Rs 402.55 and has erased all its gains recorded after the conclusion of the IPL rights for the 2023-27 period. Apart from a host of regional language channels, Sun TV group also owns the SunRisers Hyderabad cricket franchise in the IPL as well as the Digital OTT Platform Sun NXT. IPL PAT is likely to rise from Rs73 crore in FY22 to Rs300 crore in FY24. However, markets are worried about the strategy for the digital OTT platform and plan for the cash pile.
The biggest loser in the Russian cheap oil story may be Iraq as Russian oil steadily flows into Asia at much lower costs
The biggest loser in the Russian cheap oil story may be Iraq as Russian oil steadily flows into Asia at much lower costs. India and China were the major buyers of Iraq’s Basrah Medium or Basrah Heavy crude, but the demand has tepid in the current Asia trading cycle since cheaper Russian oil is being preferred. Iraq is also considering offering discounts to its major customers. However, the case is not the same for all OPEC members as cargoes of Abu Dhabi Murban oil, which yields more diesel, traded at an $11/bbl premium.
To open Demat Account visit the website now: tradeplusonline.com
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diala-bank · 4 years
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How has lockdown impacted the Gold Loans?
COVID-19 has brought the entire world to its knees. People are terrified to move out of their home. They are scared to leave their safe haven and t go to work. Work from home is a viable option but not for those who work in factories or have businesses. The global economy has slowed down because of this. This deadly virus started spreading towards the end of 2019 and is still spreading to every possible corner of the world. To prevent further damage to humanity and save people, the government had to take a step, and so they did. Lockdown was implemented throughout the nations.
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This disease still didn’t take a halt; it continued to threaten the safety of human beings. The phase of unlocking was introduced to prevent the economy from crashing. The governments throughout the world tried and are still trying to find a midway where the disease can be controlled. The economy can be stabilized as well. With deep valleys on both sides, the economy is walking on a slender road. 
By the time the government started with unlocking the lockdown imposed earlier with a lot of precautions and preventive measures, the damage done to the lives of people was irreversible. It could only be managed if precaution is continued to be taken by all the citizens. The lives and livelihood of people have been adversely impacted. No doubt many people have faced a crunch during this period. 
The government also relaxed the terms on the credit facilities hoping that it will assist the individuals and entities in availing the facilities and recovering from the losses. People are struggling to maintain liquidity, and getting a loan amidst such a situation could be riskier. This is why the demand for a gold loan has witnessed a surge in the past few months. The rates of interest went down, norms were relaxed, and this credit facility is secured so the lender and borrower, both the parties won’t have to bear a lot of risks.
Technology has changed the face of the banking and finance sector and made it even easier to avail of facilities while sitting at home. So the borrowing individuals and entities do not have to worry about visiting the bank, they have to put a request online for a gold loan simply, the lending institutions will visit and check the article to be pledged. The amount will be sanctioned and disbursed at the soonest and credited to the borrower’s account. The IIFL gold loan can be applied for offline as well as online.
The borrowing individual or entity can even use the Gold Loan EMI Calculator, and it is a tool that can be used by them to find the estimated monthly instalment if they would avail a credit facility against the gold of a certain amount. This will help the borrower to identify their needs and match it with their repayment capacity. In the urgent situations where it is difficult to stay above water, a gold loan can be the lifeboat that keeps the individuals and entities afloat by providing instant monetary assistance, without any hassle.
Read More:- Why CIBIL not required for Gold loan
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willambrown · 3 years
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Having Gold can help you in difficult times, You can avail loan by pledging your gold ornament & jewelry.
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financesevadelhi · 3 years
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Its a kind of secured type loan where gold, for example, ornaments, jewellery, coins are taken as security by the loaning bank/NBFC. The credit is given to the borrower against this gold as guarantee.
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sharmaanika388 · 4 years
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Want to overcome the financial emergency by going for a loan against your gold ornaments? IIFL Gold Loan could be the most preferred choice for you due to its amazing features and benefits. IIFL is one of the leading Non-Banking Financial Company (NBFC) providing customized gold loans besides other financial products. Having a presence in more than 50 cities across India with its 2,366 branches, IIFL presents you with an opportunity to avail of the loan by submitting your gold as the collateral.
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