Future Capital – Loan against gold

By | March 21, 2011

Gold has always been a blessing in disguise at the time of financial crunch. In international market, any time the market went down gold has been used for hedging the prices. Even in case of an individual, gold is a hedging tool .in time of financial crunch in an individuals’ life, gold has always helped him. Loan against gold is a very common method used at time of need. It’s the most utilized way of converting the non liquid assets into liquid cash. The Future Capital offers a quick and easy gold based loan.

The loan could be obtained within no time. The quantum of loan could be as high as Rs.10 lakhs. The repayment is also customized to the convenience of the customers. Repayment can be done as EMI or as bullet payments. The payment can be extended up to a period of 12 months.

Repayment of the loan can be modified in such a way that you pay only the interest every month and the principal at the end of the loan tenure.

The minimum age of the applicant for this personal loan should be 21 years and he/she should submit the identity and address proof along with the proof of the income.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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