A symbol of prosperity and wealth, gold is often pledged to tide over difficult times. Especially in southern parts of India, it is a common practice to pledge gold ornaments to meet financial needs. Most pawnbrokers and nonfinancial banking companies charge exorbitant interest rates on loans against the precious metal. Owing to this, while it may be a good idea to pledge your jewelry for a short period of time, extremely high-interest rates often override the value of the pledged jewelry in the long run. In case you have pledged your gold ornaments but you think you cannot afford to release your jewelry in the future, it is recommended to act now and save up on paying the unnecessary interest. Contact Us Today+91 9880077297 to settle your loan.

Deepak KJ

9/29/2021 1 min read