History of Gold Loans
Gold loans have been a part of Indian financial systems for centuries, dating back to ancient times when gold was used as a form of currency and collateral.
In Modern India, Gold loans gained popularity in the early 20th century as a way for individuals to access quick liquidity without selling their family heirlooms. Today, they are a mainstream financial product offered by banks and non-banking financial companies (NBFCs).
Learn more about how gold loans work here or check out our tips for managing them effectively.