question on gold loan -chennai area -

Discussion in 'Money Matters' started by justjoined, Feb 23, 2015.

  1. Feb 23, 2015 #1
    justjoined

    justjoined New IL'ite

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    hi
    when it comes to non banking financial institution,which companies are good for gold loans in chennai area..
    i am considering going for muthoot or manappuram.
    please share your experience with them..
    i heard they go buy daily interest..but they give 85% of the gold value..
    please advise
     
    justjoined, Feb 23, 2015
    justjoined, Feb 23, 2015
    #1
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  2. May 1, 2015 #2
    butterflyice

    butterflyice Local Champion Staff Member Platinum IL'ite

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    Never a good idea to trust these companies. Better to choose nationalised banks.
     
    butterflyice, May 1, 2015
    butterflyice, May 1, 2015
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