Gold always held its value everywhere on the planet, even in troubled financial times. In India, gold assumes huge significance because it’s considered to be the foremost treasured saving of each household. Moreover, hugely emotional and nostalgic value is attached to the gold you own. Struggling to close the gold loan from any brokers or financial institutes or banks Visit Attica Gold Company, we release and buyback gold jewelry and pay after deducting the amount paid to release Pledged gold.
Gold Loans: Things You Must Remember
- Your gold is often kept in a bank for less than a particular period of your time. However, you’ll redeem and mortgage it the subsequent day itself.
- If you did not pay any interest or principal amount on the loan, then after a particular period of time, usually three years, your gold is often brought for auction. The time varies from one bank to a different one.
- Interest rates are high with many banks. Other financial institutions hike up the rate of interest after an initial period of three months.
If you would like to urge a loan against gold, you’ll get to carefully check out the terms and conditions of banks and financial institutions before applying for these loans.
Close Gold Loan?
Pledging Gold is a common practice in India. People pledge their gold jewelers to pawnshops, financiers, Banks, and NBFCs. Shorter loan tenure means you should be confident or repay the gold loan in time. Failing to do may cause you to lose your Pledged gold.
How to Release Pledged Gold and Sell it?
Gold is always observed as a precious metal. That is why collecting gold jewelry is always considered an investment-worthy of your hard-earned money. It is easily liquidated whenever you need cash for many reasons.
Attica Gold Company will release pledged gold from banks, financiers & Pawn Shops. So you wish to sell some of your gold? Luckily, you are in the right place to sell your gold and get instant cash for your gold. We tend to purchase all reasonably gold jewelry, silver, and diamond jewelers visit our nearest branches Now and obtain instant money for your gold.