Vol. 4, Issue 3, Part I (2018)
Consumer prefers gold loans from organized loan lender
Consumer prefers gold loans from organized loan lender
Author(s)
Dr. Tejashree P Patankar
Abstract
The immediate loan form is a Gold Loan. Traditionally, the loans were available, but this process was dominated by unorganized loan lenders. The gold loan was is given by moneylender, jewelers as well as pawn brokers. Since 1991, owing to the entry of various Banks and Non-Banking, Financial Companies (NBFCs) in the Gold Loan segment, the Gold loan provision scenario has changed. The professional employed person prefers to take a Gold l loan from Public or Private Banks and avoid borrowings from the local Pawn brokers. Today the borrowers are influenced by buying decision for Gold Loan from organized loan lender.
How to cite this article:
Dr. Tejashree P Patankar. Consumer prefers gold loans from organized loan lender. Int J Appl Res 2018;4(3):560-562.