Transferring Gold Loan to a New Lender? - Here�s What You Need to Know

Harshitbansal44004 May, 2023Finance

Gold loan is one of the most common types of loan in India. And one of the most significant advantages of obtaining a gold loan is the immediate relief it provides in times of financial distress. However, if an existing gold loan does not meet the customer's expectations somehow, or if another lender offers a more competitive interest rate, the customer may prefer to transfer their loan.

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