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Rising gold prices are beneficial for gold loan borrowers, allowing them to access larger loan amounts. Mehak Srivastava, Head of Marketing at SahiBandhu Gold Loans, stated, "Given the recent price increase, borrowers may be able to obtain a bigger loan amount than in previous times." The yellow metal has surged more than 15% in the past three months and emerged as the best-performing asset class since the beginning of 2024.
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Mehak Srivastava, Head of Marketing at SahiBandhu Gold Loans, gold loans offer several advantages over traditional education loans. These benefits include faster approval processes, greater repayment flexibility, and lower interest rates. By leveraging gold as collateral, students can access funds without the constraints of credit history checks. This option is particularly beneficial for students who lack a strong credit history but possess valuable assets in the form of gold.
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Mehak Srivastava, Head of Marketing at SahiBandhu, suggests the emerging trends in gold investments, including Digital Gold, Sovereign Gold Bonds, Gold ETFs, and gold-backed cryptocurrencies. She emphasizes these innovations offer a diversified portfolio and easy access to the gold market. Intrigued by how these trends can redefine personal investments in gold?
READ MOREMehak Srivastava, Head of Marketing at SahiBandhu Gold Loans, emphasizes the importance of gold as a stable investment for women. It highlights the benefits of investing in yellow gold, gold loans, Sovereign Gold Bonds (SGBs), Gold Exchange Traded Funds (ETFs), and Digital Gold. The article encourages women to educate themselves about various investment options, understand their risks and returns, and start investing early for a secure future.
READ MOREOn International Women's Day 2024, the focus is on empowering Indian women through financial literacy. Mehak Srivastava, Head of Marketing SahiBandhu, emphasizes the importance of making informed financial decisions. She advocates for gold investments, highlighting options like physical gold, digital gold, SGBs and ETFs, which she believes will be of great help to women, leading to financial self-sufficiency and securing their future.
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महक श्रीवास्तव, प्रमुख गोल्ड लोन एग्रीगेटर प्लेटफॉर्म, सहिबंधु की मार्केटिंग प्रमुख का मानना है कि, भारतीय महिलाओं के लिए वित्तीय साक्षरता महत्वपूर्ण है, ताकि वे उचित वित्तीय निर्णय ले सकें। महिलाओं की ओर से किए जाने वाले शीर्ष निवेश परिसंपत्तियों में इक्विटी, म्यूचुअल फंड और पारंपरिक पीली धातु (सोना) शामिल हैं। उन्होंने कहा कि सोना एक महिला के लिए वित्तीय आत्मनिर्भरता का प्रतीक और आपात स्थितियों से निपटने में सक्षम बनाता है।
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