As many banks are coming with rainy offers on the festive season ahead, Almost all banks are reducing their loan interest rates to attract customers.
Recently, one of the government sector bank Punjab National Bank(PNB) has slashed their gold loan interest rates. Point to note here that Gold loans are available on-
- Pledge of gold ornaments at 7.30 interest rate
- Pledging Sovereign gold bonds at 7.20 interest rate
On Overall, Gold loans are slashed to 145 basis points(100 basis points=1 percent)when compared to earlier loan rates.
This is really a good news for gold loan borrowers. As Indians prefers gold as a safe haven, they pledge gold in emergencies and avail instant gold loans.
So if you are in need of emergency cash, pledge your gold ornaments at Punjab National Bank(PNB)and make use of lowest inteest rates!
bank-info.in 