Some banks charge processing fees of up to 1.5 per cent plus GST on the loan amount, which you need to pay before the loan amount is disbursed. Banks also charge valuation fees over and above processing charges. For instance, HDFC bank charges a valuation fee (a fee charged for the efforts the bank takes to value your gold) of Rs 250 for a loan of up to Rs 1.5 lakh and Rs 500 for loans over and above Rs 1.5 lakh. … [Read more...] about What are the charges for gold loans, how is the value of ornaments calculated, which lenders are the best and other key questions answered
Candy gold coins
Physical gold: Buying jewellery and gold coins is still one of the most popular modes of investing in gold. But holding gold in physical forms comes with two main disadvantages. Apart from the additional cost incurred for safekeeping, buying physical gold also comes with purity-related concerns. Additionally, one may also face challenges in accessing physical gold stored in bank lockers or selling it during a political turmoil or natural disaster. … [Read more...] about What’s the best way to invest in gold now?
It’s not free You have to pay $49.99 to enter the statewide treasure hunts, and each one is limited to 1,000 participants. As the news release describes it, “David and his partner have started going across the USA hiding gold style tickets in the form of necklaces in places they come across with an interesting story. Plans are to have multiple treasure hunts for these gold tickets in each state.” … [Read more...] about What to know before you enter that golden ticket ‘treasure hunt’ from Jelly Belly’s founder