Gold finance company

Loan Against Gold

Invest here. Get there

Swastika is one of the most trustworthy providers for instant, safe and secure loan against gold jewellery, certified gold bars & coins at low interest rate. Gold loans are the quickest and easiest way to get funds for business or personal or any other emergency funds requirements.

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Unique features of Swastika Gold Loan

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Instant Loan

Get funds instantly with us. With simple, easy and hassle-free documentation process, avail the loan from our Indore branch.

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Low Interest Rates

At Swastika, you can get the low interest rate on gold loan so that you can afford pocket friendly EMI & a convenient repayment.

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Assured Gold Security

Get assured security of bank locker for your gold jewellery and complete transparency with Swastika.

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Quick Release of Gold on Repayment

With Swastika you can get immediate and easy release of your gold without any hassle as you fully repay the loan amount.

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Get Personal Loan also

At Swastika, after successful operating of loan account i.e. good loan repayment track-record and financial discipline, you can get the personal loan also based on your repayment capacity and CIBIL score at very affordable rate of interest.

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Minimum Documentation

You can easily apply for a gold loan with minimum paper work. On the part of documents, you have to submit:

  • Aadhaar Card
  • PAN Card
  • Latest photograph
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Easy and Flexible Repayment Options

Get gold loan with flexi, unique, easy & convenient repayment options exclusively with Swastika

  • Pay only monthly interest and principal later
  • Regular EMI (Interest + Principal)
  • Avail gold loan as OD limit with monthly payment of interest on actual use of funds
  • No prepayment charges on partial payments

WHY CHOOSE US?

Nationwide branches and 31+ years of trust

Your satisfaction matters the most to us. We don’t rest until you are happy. We are present from Kashmir to Kanyakumari, find us in more than 500 cities & towns.

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Highly Qualified Team

HIGHLY QUALIFIED TEAM

To deliver quality service, we are a strong team of 886 highly experienced market experts

Awarded Team

AWARDED MULTIPLE TIMES

Our success has been recognised by NSE, BSE MCX, NCDEX, NSDL, CDSL and many more.

Happy Customer

2,97,952 HAPPY CUSTOMERS

Your satisfaction matters the most to us. We don’t rest until you are happy.

User Friendly Trading

USER-FRIENDLY TRADING TECHNOLOGY

Trade anytime, anywhere using our mobile app, website or desktop app.

LATEST UPDATES ON SHARE MARKET

इस दिवाली है सोने में निवेश के अच्छे अवसर।

दिवाली को निवेश करने के लिए भी शुभ समय माना जाता है और कई लोग इस दौरान सोने में निवेश करना चुनते हैं। सोने को एक सुरक्षित निवेश के रूप में देखा जाता है और ऐसा माना जाता है कि दिवाली के दौरान सोना खरीदने से सौभाग्य और धन में वृद्धि होती है। प्रतीकात्मक और सांस्कृतिक महत्व से परे, दिवाली के दौरान सोने के उपयोग के व्यावहारिक वित्तीय निहितार्थ भी हैं। कई लोगों के लिए, यह एक ऐसी संपत्ति में निवेश करने का अवसर है जिसमे समय के साथ बढ़ोतरी होती है, जिससे वित्तीय सुरक्षा की भावना मिलती है। रोशनी का त्योहार खुशी, एकजुटता और उत्सव का समय है। सोना, अपने प्रतीकात्मक और व्यावहारिक महत्व के साथ, इन उत्सवों में केंद्रीय भूमिका निभाता है। यह सिर्फ एक धातु से कहीं अधिक है; यह धन, समृद्धि और उज्जवल भविष्य की आशा का प्रतिनिधित्व करता है। चाहे वह आभूषणों, सिक्कों या सजावट के रूप में हो, दिवाली के दौरान सोने की चमकती उपस्थिति हमें प्रचुरता, उदारता और अंधेरे पर प्रकाश की जीत के मूल्यों की याद दिलाती है। चूँकि दुनिया भर में दिवाली मनाई जा रही है, इस बहुमूल्य धातु की सुनहरी चमक हमेशा उत्सव का एक अविभाज्य हिस्सा बनी रहेगी। वर्तमान में विभिन्न देशों के बीच भू-राजनीतिक तनाव बढ़ रहा है, जिससे अनिश्चितता बढ़ रही है। अनिश्चितता के समय में सोने की भूमिका अहम हो जाती है और यह भू-राजनीतिक तनाव, आर्थिक उथल-पुथल और प्राकृतिक आपदाओं के कारण निवेशकों के पैसे को अवमूल्यन से बचाता है। हाल के दिनों में, इज़राइल ने हमास के खिलाफ युद्ध की घोषणा की है, जबकि रूस और यूक्रेन के बीच 2022 से युद्ध चल रहा है। नतीजतन, वैश्विक अर्थव्यवस्था में मुद्रास्फीति तेजी से बढ़ी है, और मुद्रास्फीति के खिलाफ बचाव के लिए सोना सबसे अच्छा परिसंपत्ति वर्ग है। हालाँकि, यूएस फेड और अन्य प्रमुख केंद्रीय बैंकों ने बढ़ती मुद्रास्फीति को नियंत्रित करने के लिए अपनी ब्याज दरें बढ़ाना शुरू कर दिया है, लेकिन उच्च उधार लागत वैश्विक विकास को नुकसान पहुंचा रही है। वर्तमान में, अमेरिका में ब्याज दरें 5.5 प्रतिशत पर हैं, जो काफी अधिक है, और ब्याज दरों में और वृद्धि से आर्थिक उथल-पुथल हो सकती है। हालांकि 2024 के मध्य में ब्याज दर में कटौती की उम्मीद है, और इससे सोने की कीमतों को समर्थन मिल सकता है। चल रहे भूराजनीतिक तनाव और मंदी के डर ने सेफ हैवन की मांग बढ़ा दी है, और यह 2024 तक जारी रह सकती है। हम उम्मीद कर रहे हैं कि अगले साल तक कॉमेक्स डिवीजन में सोने की कीमतें 2250 डॉलर तक बढ़ सकती हैं, जबकि एमसीएक्स में कीमतें 64,000 रुपये से 66000 रुपये प्रति दस ग्राम तक बढ़ सकती हैं। सोने की कीमतों को 56000 पर महत्वपूर्ण समर्थन प्राप्त है। चांदी की कीमतें भी ऊपर की ओर बढ़ रही हैं और आगामी वर्ष में 78000 से 80000 प्रति किलोग्राम के स्तर का परीक्षण कर सकती हैं।
Posted on 10 November, 2023

Pushya Nakshatra 2023

Pushya Nakshatra Pushya Nakshatra is the 14th nakshatra in the Vedic zodiac, and it is considered to be a very auspicious nakshatra. It is often associated with prosperity, wealth, and good fortune, making it an opportune time to buy something new or invest. People believe this because of its connection to positive influences, like the planet Jupiter and the goddess Lakshmi. Therefore, for investors, this is the perfect time to sow the seeds of financial success. An Auspicious Time to Invest During Pushya Nakshatra, you may consider investing in Gold ETFs like GoldBees, offered by Swastika Investmart. These Exchange Traded Funds are an efficient way to gain exposure to the price movements of gold, making them a convenient and liquid investment option. With the auspicious energies of Pushya Nakshatra on your side, investing in GoldBees can be a smart choice to harness the potential of gold's stability and growth, ultimately contributing to your financial security and success. To explore your investment options, consider GoldBees-EQ from Swastika Investmart. Click the link to place your buy order May this auspicious occasion bring prosperity and cosmic blessings to your investments. Happy Pushya Nakshatra!
Posted on 04 November, 2023

Muhurat Trading 2023: A Symbol of Auspicious Beginnings

What is Muhurat Trading? Muhurat Trading is a special trading session held on the day of Diwali, one of the most important festivals in India. It is a symbolic gesture that marks the beginning of a new financial year and is believed to bring good luck and prosperity to traders and investors. History of Muhurat Trading The tradition of Muhurat Trading dates back to the early days of the Indian stock market. The first recorded instance of Muhurat Trading took place in 1894 at the Bombay Stock Exchange (BSE). In the early days, Muhurat Trading was conducted for a few hours during Diwali. However, over time, the duration of Muhurat Trading has been reduced to one hour. What happens in Muhurat Trading? During Muhurat Trading, traders and investors buy and sell shares of companies in the hope of making a profit. The trading session is typically held in the evening after the regular trading hours have ended. The exact timing of Muhurat Trading varies each year, depending on the astrological calculations. Muhurat Trading Timings 2023 In 2023, Muhurat Trading will be held on Sunday, November 12, from 6:15 p.m. to 7:15 p.m. Take a look at the Muhurat Trading timings for 2023 on both the BSE and NSE Block deal  17:45 to 18:00 Pre-open session   18:00 to 18:08 Muhurat Trading session   18:15 to 19:15 Post-closing  session 19:25 to 19:35 Duration 1 Hour NSE Circular:  Factors to look out for during Muhurat Trading? Here are some factors to look out for during Muhurat Trading: Volatility: Muhurat Trading is typically less volatile than the regular trading session. This is because the trading volume is lower and the trading session is shorter. However, it is important to be aware that volatility can still occur, especially if there is any news or developments that could impact the market. Liquidity: The ease with which a security can be bought or sold. Liquidity can be lower during Muhurat Trading due to the lower trading volume. This means that it may be more difficult to execute trades at the desired price. Slippage: The difference between the expected price of a trade and the actual price at which the trade is executed. Slippage can occur during Muhurat Trading due to the lower liquidity. Considerations Before Engaging in Muhurat Trading Investment goals: What are your investment goals? Are you investing for the short term or the long term? Muhurat Trading is typically more suited for long-term investors. Risk tolerance: How much risk are you willing to take? Muhurat Trading is less volatile than the regular trading session, but there is still some risk involved. Investment horizon: How long can you stay invested? Muhurat Trading is typically a good time to invest in companies that you believe have strong long-term prospects. Significance of Muhurat Trading Muhurat Trading is significant because it marks the beginning of a new financial year and is believed to bring good luck and prosperity to traders and investors. It is also a time for traders and investors to reflect on their past performance and set new goals for the future. Here are some additional tips for making the most of Muhurat Trading 2023: Choose your stocks wisely: Don't just buy any stock because it is Muhurat Trading. Do your research and choose stocks that you believe have strong long-term prospects. Set a budget: It is important to set a budget for Muhurat Trading and stick to it. Don't invest money more than you can afford to lose. Be patient: Muhurat Trading is just one day in the year. Don't expect to make a fortune overnight. Be patient and focus on investing for the long term. Conclusion Muhurat Trading is a unique and special tradition that is celebrated by traders and investors all over India. It is a time to come together and mark the beginning of a new financial year with hope and optimism. If you are considering participating in Muhurat Trading, be sure to do your research and invest wisely.    
Posted on 03 November, 2023
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FAQs

The term "gold loan," also known as "a loan against gold," refers to a secured loan that a borrower accepts from a lender against pledge of gold jewellery or other items. Lenders typically approve you for a loan in an amount that corresponds to a particular portion of the gold's value. You can receive your gold items back after repayment of the gold loan as per terms of sanction. There are no limitations on the end-use of gold loans, unlike other secured loans like a home loan, business loan or auto loan. So it's a great option to meet your urgent financial needs, whether it's for a wedding, family trip, or your children’s school fees.

The entire gold loan process is very similar to other secured loans. In this, you give your gold articles to a lender for pledge along with the required set of documents. The lender evaluates the gold articles and verifies the submitted documents. As per the evaluations, the lender sanctions the loan amount. As per the loan agreement, you pay off the interest and principal amount and after the full and final repayment of the loan you get back your pledged gold jewellery and articles.

India is one of the major importers of gold in the world, therefore, a significant number of people own gold ornaments. People are using idle gold jewellery to meet their immediate financial requirements by availing loan against it. Unlike other financing options, gold loans have turned out to be of great value in times of crisis.

There are certain benefits that applicants can reap from this kind of loan from Swastika. Some of them are mentioned below.

  1. Lower interest rate

    Being a secured loan, gold loans are generally subject to lower rates of interest as compared to other financing options such as personal loan, home loans or other secured loans.

  2. Faster processing

    As gold loans are backed by physical gold, it thus involves lenient eligibility criteria and minimal documentation. This enables lenders to process the loan faster.

  3. Enjoy anytime liquidity

    Gold loans are also termed as ‘ATL’ which means anytime liquidity. This means that you can avail a loan in less than 30 minutes without the need for excessive documents and paper formalities, unlike other financing options. This feature helps you to get an instant loan against gold whenever you require it.

  4. Option to pay interest only

    Gold loans have a unique feature where the borrower has the option to pay only the interest part during the loan tenure and the principal amount at the time of closing the loan.

    Offering some more flexible repayment scheme of finance like

    • Gold loan as overdraft facility– A credit limit will set as OD limit based on current value of gold. Loan amount can be withdrawn within this limit for saving of interest, because interest is applicable on the drawn loan amount for the period of actual use only. Loan amount can be repaid fully or partially as per financial convenience of the borrower.
    • Repayment option in EMI’s – Repayment can have made in Equated Monthly Installments (EMI) to cover repayment of interest and principal. Borrower can choose the period of repayment at his/her financial convenience.
  5. No foreclosure charges

    Unlike other loan options, there are no foreclosure charges or prepayment penalty on paying the loan amount before the loan tenure.

  6. Income proof is not required

    Financial institutions generally do not ask for any income/salary proof from the applicants as the loan is secured against gold. Therefore, anyone can apply for a gold loan whether you are a salaried or a self-employed individual.

  7. No requirement of credit score

    Unlike most loans, gold loan approval does not depend on your credit score. In this case, the loan amount is based on the market value of gold. But by taking a gold loan, you can build up a good credit score.

  8. Safety of gold

    The financial institution offers triple-layered security for gold ornaments that you submit as collateral. Your gold will be kept secured in their vault throughout the time; you will get your gold jewellery back when you repay the loan amount in full.

  9. No restriction on the end-use of the funds

    Since there is no monitoring of the end-use of the funds availed through this loan, it gives you the flexibility to use the loan to meet any type of expense such as home repairs, higher education, marriage expenses, medical emergency or any other urgent financial requirement.

  10. Eligibility for gold loan

    Anyone who has gold can get a gold loan. Unlike personal loans, which include stringent eligibility criteria, gold loans can be availed by any Indian resident, which can include salaried professionals, businessmen, housewives, and even farmers. You don’t even need to have a good credit score to be eligible for a gold loan. So if you have a low credit score, you still have a chance to get funds, provided you have enough gold to pledge for it.