Our CEO Mr Umesh Mohanan, is been recognized as India’s Greatest Leader 2020-21 awards by AsiaOne Magazine.
“URS-AsiaOne” is an international business magazine present in fifteen different countries. It is an excellent example of a convergence magazine covering news from the entire region of Asia & GCC.
With over 2 decades of rich experience in Managing investment verticals with a proven track record of spearheading foreign multinational multi-billion conglomerate diversified into portfolios such as Banking investments, Infrastructure construction, Oil and Gas, Power stations, Defence supplies, Manufacturing, Trading of Minerals, Bullion and other commodities across the globe, and currently serving as the Executive director and CEO of Indel Money Limited.
His presence in India is largely felt through the investment vehicle namely M/s. Indel Corporation Limited. At Indel Money his corporate inheritance of skills from the multinational business background is envisaged to grow the business into multi-folds.
Whether you need funds for a medical emergency, education, business expansion, or any unexpected expense, borrowing money is an important financial choice. Two of the most common options available in India are personal loan and gold loan in India. Each has its own advantages and potential drawbacks, and the right choice for you can make a big difference in your financial health.
At Indel Money, we believe informed decisions lead to better financial outcomes. This comparison will help you understand which option, gold loan or personal loan, is better suited for your needs.
A gold loan is a secured loan where you pledge your gold jewellery or coins as collateral with a lender in exchange for funds. The value of the loan depends on the purity and weight of the gold you offer.
Because the loan is backed by a tangible asset, lenders often provide higher loan amounts with comparatively lower interest rates. You retain ownership of your gold, and it is returned to you once the loan is repaid in full.
A personal loan is an unsecured loan, which means it does not require any collateral. The lender approves the loan based on your credit score, income stability, and repayment capacity.
Personal loans offer flexibility in usage. You can use them for virtually any purpose. However, since there is no asset securing the loan, interest rates tend to be higher than secured loans like gold loans.
One of the biggest differences between gold loans and personal loans lies in the interest rate.
Gold loans generally offer lower interest rates because they are secured by gold. This reduces the lender’s risk and allows them to provide more affordable borrowing options.
Personal loans come with higher interest rates since they are unsecured. Lenders price in the additional risk, which can increase the overall cost of borrowing.
Gold loans are sanctioned based on the value of the gold pledged, usually up to a certain percentage of the current market value. If you own gold, you may be eligible for a substantial loan with minimal documentation.
Personal loans depend heavily on your credit score, income level, and financial history. Even borrowers with strong credit profiles may face limits on the loan amount.
Gold loans are often processed faster, as the approval is primarily based on the valuation of gold. In many cases, funds can be disbursed on the same day.
Personal loans require income verification and credit checks, which can extend the approval process, especially if documentation needs review.
Both gold loans and personal loans offer flexibility in how the funds are used. However, personal loans are generally perceived as more flexible, as they do not involve collateral or restrictions related to pledged assets.
Timely repayment of both gold loans and personal loans can support a healthy credit score. On the other hand, missed payments or defaults on either type of loan can negatively affect your credit profile.
With a gold loan, failure to repay may result in the lender selling the pledged gold to recover the outstanding amount. This makes repayment discipline especially important.
Personal loans do not put physical assets at risk, but defaults can still lead to legal action and long-term damage to your credit score.
Life is unpredictable, and medical emergencies often arrive without warning. From sudden hospitalisation and urgent surgeries to unexpected diagnostic tests and post-treatment care, medical expenses can escalate quickly. In such situations, arranging funds immediately becomes as important as the treatment itself. Unfortunately, traditional financing options such as bank loans are often slow, paperwork-heavy, and ill-suited for urgent needs. This is where quick loans play a vital role, offering timely financial support when it matters most.
Indel Money has emerged as a trusted financial partner for individuals facing urgent monetary requirements. With a strong focus on speed, transparency, and customer convenience, Indel Money provides quick loan solutions that are particularly effective during medical emergencies. Its approach makes it easier for families to access funds without added stress during already challenging times.
Medical emergencies demand immediate action. Delays in arranging funds can lead to postponed treatments, increased anxiety, and added pressure on families. Hospital bills, advance payments, medicines, and emergency procedures often require instant payment, leaving little room for lengthy loan approvals.
Quick loans are designed to bridge this gap. They offer faster approvals, simplified documentation, and prompt disbursal, allowing individuals to focus on health and recovery rather than financial obstacles. In a country where healthcare costs can rise rapidly, access to immediate financing can significantly ease the burden on families.
Indel Money has built its reputation by offering financial solutions that align with real-life needs. As a regulated non-banking financial company, it combines structured lending practices with customer-friendly processes. This balance ensures both reliability and speed, making Indel Money a dependable option for urgent medical funding.
One of the most popular quick loan options offered by Indel Money is the gold loan, which provides fast access to funds by leveraging an asset many households already own.
Speed is one of the biggest advantages of choosing Indel Money during a medical emergency. The loan approval process is streamlined to ensure minimal waiting time. In the case of gold loans, valuation and verification are completed quickly, enabling same-day or near-instant disbursal.
This rapid turnaround ensures that medical expenses can be addressed immediately, whether it is settling hospital admission fees, paying for emergency procedures, or covering pharmacy bills.
During medical emergencies, gathering extensive paperwork can be overwhelming. Indel Money keeps documentation requirements simple, typically requiring basic identity and address proof along with the pledged asset in the case of gold loans.
This reduced paperwork eliminates unnecessary delays and makes the loan process accessible even for those who may not have formal income documents readily available.
Indel Money offers loan amounts that are linked to the value of the gold pledged. This allows borrowers to access a meaningful amount of funds based on the purity and weight of their gold. The flexibility ensures that borrowers are not restricted to small sums and can meet significant medical expenses if needed.
This approach is especially helpful for covering major treatments, surgeries, or extended hospital stays.
