Gold Loan www.muthootfincorp.com
<ul><li>Though bank credit offtake is yet to pick up in a big way, the gold loan business — giving loans to customers with...
<ul><li>After seeing the success of non-banking finance companies (NBFC) in this business, both pubic sector banks and pri...
<ul><li>Major players like Muthoot Fincorp have seen a growth of 25-30 per cent in the last two months.   </li></ul>
<ul><li>ICICI Bank, HDFC Bank, State Bank of India, Andhra Bank, Central Bank, Allahbad Bank and Canara Bank have started ...
<ul><li>More banks are planning to enter the segment. &quot;This year, we have projected a five-fold growth in loan disbur...
<ul><li>We are planning to involve all the branches of the bank for the business by June,&quot; said M Anjaneya Prasad, ge...
Contact Us <ul><li>www.muthootfincorp.com </li></ul>
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Gold loan india | gold loan| gold loan interest rate| gold loans| hassle free loans| instant money transfer

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Though bank credit offtake is yet to pick up in a big way, the gold loan business — giving loans to customers with gold as collateral — is thriving, attracting more players in the lending space.

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Gold loan india | gold loan| gold loan interest rate| gold loans| hassle free loans| instant money transfer

  1. 1. Gold Loan www.muthootfincorp.com
  2. 2. <ul><li>Though bank credit offtake is yet to pick up in a big way, the gold loan business — giving loans to customers with gold as collateral — is thriving, attracting more players in the lending space. </li></ul>
  3. 3. <ul><li>After seeing the success of non-banking finance companies (NBFC) in this business, both pubic sector banks and private banks are now aggressively entering into the area. </li></ul>
  4. 4. <ul><li>Major players like Muthoot Fincorp have seen a growth of 25-30 per cent in the last two months.  </li></ul>
  5. 5. <ul><li>ICICI Bank, HDFC Bank, State Bank of India, Andhra Bank, Central Bank, Allahbad Bank and Canara Bank have started aggressively pitching for the gold loan business at interest rates much lower than they charge in personal loans. </li></ul>
  6. 6. <ul><li>More banks are planning to enter the segment. &quot;This year, we have projected a five-fold growth in loan disbursement. Currently, 60 branches of the bank provide the gold loans. </li></ul>
  7. 7. <ul><li>We are planning to involve all the branches of the bank for the business by June,&quot; said M Anjaneya Prasad, general manager (Mumbai Zone) of Andhra Bank. </li></ul>
  8. 8. Contact Us <ul><li>www.muthootfincorp.com </li></ul>

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