Reg gold investment

[Vasuki]

That's too pessimistic view.

Cooperative Bank doesn't comes under rbi

 

[RAMESH BABU N]

You get only 75 % loan amount of gold u deposited
Without security guarantee and trust
Bank is a farse

For such people who avoid banks, there are other options - private kabooliwaalaas, gold finance companies n private pawn brokers.

The options are very many. Select what suits you best.

 

[S9100]

Cooperative Bank doesn't comes under rbi

Haha. It's complicated regulations i agree

 

[RAMESH BABU N]

Why you need trust to take loan?

What he actually meant (could be) :

You need to be trustworthy
(of getting a loan/CC).

And, not vice versa.
(banks may not need your trust).

 

[S9100]

What he actually meant (could be) :

You need to be trustworthy
(of getting a loan/CC).

And, not vice versa.
(banks may not need your trust).

No he really means dont trust banks to take gold loan. haha
As they will give max 75% loan / collateral