#hdfc jewel loan

[bestgoldloan]

HDFC Bank Gold Loan: Comprehensive Guide

When it comes to securing a quick financial boost, the HDFC Bank Gold Loan is a standout option. Leveraging the value of your gold, this loan provides an efficient and reliable solution for urgent financial needs. This guide covers everything you need to know about the HDFC Bank Gold Loan , including its features, benefits, and application process.

HDFC Gold Loan: Overview

The HDFC Bank Gold Loan is designed to offer quick access to funds by using your gold as collateral. This financial product is particularly useful for individuals who need immediate cash without the long waiting times and extensive paperwork associated with traditional loans.

Key Features of HDFC Bank Gold Loan

Quick Disbursal: The HDFC Gold Loan stands out for its rapid approval and disbursal process. Funds are often disbursed within a few hours, making it an ideal choice for urgent needs.

Flexible Loan Tenure: Borrowers can choose a repayment period that fits their financial situation, ranging from a few months to several years.

Competitive Interest Rates: The HDFC Gold Loan Rate is competitive, ensuring that you get a favorable deal on the loan amount you borrow.

Minimal Documentation: The application process is straightforward and requires minimal paperwork, simplifying the loan process.

HDFC Jewel Loan: How It Works

An HDFC Jewel Loan is essentially a gold loan where your jewelry or ornaments are used as collateral. The amount you can borrow is determined based on the gold's value.

Applying for an HDFC Jewel Loan

Visit an HDFC Bank Branch: To initiate the application, visit your nearest HDFC Bank branch with your gold and identification documents. This step is crucial for the loan evaluation process.

Gold Valuation: HDFC Bank will assess the purity and market value of your gold to determine the loan amount. This valuation ensures a fair and accurate loan offer.

Loan Disbursement: Once the gold is evaluated and the loan is approved, funds are swiftly disbursed to your account, providing you with the cash you need promptly.

HDFC Gold Loan Details: Key Information

Understanding the specifics of the HDFC Gold Loan Details is essential for making an informed decision. This includes details about the loan amount, interest rates, and repayment options.

Loan Amount and Valuation

The loan amount offered by HDFC Bank is based on the value of the gold pledged. The bank evaluates the gold’s purity and current market price to determine the maximum loan amount. HDFC Bank typically provides a high loan-to-value ratio, allowing you to borrow a substantial amount against your gold.

Interest Rates on HDFC Gold Loan

The HDFC Gold Loan Rate is designed to be competitive within the market. Interest rates can vary depending on factors such as the loan amount, tenure, and your banking relationship. It is advisable to check the current rates with HDFC Bank before applying to ensure you are getting the best possible terms.

Repayment Options

HDFC Bank offers various repayment options for its gold loan customers. You can choose from several EMI plans or opt for a bullet repayment scheme, where the principal amount is repaid at the end of the loan term. This flexibility allows you to manage your finances according to your convenience.

Advantages of Choosing Gold Loan at HDFC Bank

Opting for the HDFC Bank Gold Loan comes with several advantages:

Speed and Efficiency: The loan application process is streamlined for efficiency, ensuring that you receive funds quickly and without unnecessary delays.

High Loan-to-Value Ratio: HDFC Bank offers a high loan-to-value ratio, which means you can borrow a significant amount based on the gold's value.

No Prepayment Penalty: There are no penalties for repaying the loan early, allowing you to clear the loan ahead of schedule without incurring extra costs.

Strong Customer Support: HDFC Bank provides excellent customer support to guide you through the loan process, from application to repayment.

Eligibility Criteria for HDFC Gold Loan

To be eligible for an HDFC Gold Loan, you must meet the following criteria:

Age: Applicants should generally be between 21 to 65 years old.

Gold Quality: The gold must be in the form of jewelry or ornaments and should meet the purity standards set by HDFC Bank.

Identity and Address Proof: Valid identification and proof of residence are required for the loan application.

How to Apply for HDFC Bank Gold Loan

Applying for an HDFC Bank Gold Loan is a straightforward process. Here’s a step-by-step guide:

Prepare Documentation: Gather your gold and necessary documents, including proof of identity and residence.

Visit HDFC Bank: Go to your nearest HDFC Bank branch or apply online through the HDFC Bank website. The online application can be a convenient option if you prefer not to visit the branch in person.

Submit Gold for Valuation: The bank will assess the gold's value to determine the loan amount you are eligible for.

Sign the Loan Agreement: Review and sign the loan agreement, completing any additional formalities required.

Receive Funds: Once the loan is approved, the funds are disbursed to your account promptly, providing quick access to cash.

Conclusion

The HDFC Bank Gold Loan offers a practical and efficient financial solution with its competitive rates, fast processing, and flexible repayment options. Whether you need urgent funds or a flexible loan product, the HDFC Gold Loan provides a reliable option to meet your financial needs. By understanding the loan’s features, benefits, and application process, you can make an informed decision that aligns with your financial goals.

For further information or personalized assistance, contact HDFC Bank’s customer support or visit a nearby branch.

[1vgold]

How to Sell Your Gold in Hyderabad: A Complete Guide

Selling gold can be profitable, especially when prices are high or you need quick cash. Hyderabad, known for its rich jewelry market, offers numerous gold-selling options. However, getting the best deal requires knowledge about gold valuation, trustworthy buyers, and market trends. This guide will walk you through the best ways to sell your gold in Hyderabad, ensuring you get the maximum value while avoiding scams.

1. Why Sell Gold in Hyderabad?

Hyderabad has a thriving gold market with high demand from jewelers, banks, and gold loan companies. Some common reasons people sell gold include:

Financial emergencies – Quick liquidity.

Upgrading jewelry – Selling old designs for new ones.

High gold prices – Taking advantage of market peaks.

Unused gold – Selling broken or unused jewelry.

Before selling, research the current gold rate (check live rates on MCX India or BankBazaar).

Sell Your Old Gold Hyderabad

2. Where to Sell Gold in Hyderabad?

A. Local Jewelers

It is the most trusted option for selling gold jewelry.

Pros:

Immediate payment.

No lengthy paperwork.

Negotiation is possible.

Cons:

May deduct high making charges.

Some may offer lower rates than market value.

Tips:

Compare rates from multiple jewelers.

Choose reputed stores like Malabar Gold, Tanishq, or Bhima Jewelers.

B. Gold Buyers & Pawn Shops

Several dedicated gold buyers in Hyderabad offer competitive rates.

Popular Gold Buyers:

Manjeera Jewellers (Multiple branches)

Joyalukkas Gold Buyers

Kalyan Jewellers

Pros:

Quick cash payment.

Transparent valuation.

Cons:

Slightly lower rates than banks.

C. Banks

Some banks like ICICI, HDFC, and SBI buy gold coins/bars (not jewelry).

Pros:

Trusted & secure.

Fair market rates.

Cons:

Strict documentation (ID proof, invoice).

Only accept 24K gold (no jewelry).

D. Online Gold Buyers

Websites like Quickr, OLX, or specialized gold buyers offer doorstep service.

Pros:

Convenient & hassle-free.

Competitive pricing.

Cons:

Risk of fraud if not verified.

Tip: Use only verified platforms like Safe Gold or Oro Pocket.

E. Gold Exchange Programs

Some jewelers offer exchange schemes where you can swap old gold for new jewelry with minimal making charges.

3. How to Get the Best Price for Your Gold?

A. Check Purity (Karat Value)

24K = 99.9% pure (highest value)

22K = 91.6% pure (standard in Indian jewelry)

18K = 75% pure

Used Gold Buyers Hyderabad

14K = 58.3% pure

Tip: Get a hallmark certificate for accurate purity verification.

B. Weigh Your Gold Correctly

Use a digital weighing scale.

1 Tola = 11.66 grams (standard in Hyderabad).

Check weight before selling.

C. Know the Current Gold Rate

Check live rates on GoldPrice.org or BankBazaar.

Selling price = (Gold rate per gram × purity %) – deductions (if any).

D. Avoid Unnecessary Deductions

Some buyers deduct "making charges" (up to 10-15%).

Negotiate for minimal deductions.

E. Keep Original Bills (If Available)

Bills help in getting better rates (proof of purchase & purity)

4. Steps to Sell Gold Safely in Hyderabad

Step 1: Research Gold Buyers

Compare at least 3-4 buyers.

Read Google reviews.

Step 2: Get Your Gold Tested

Visit a trusted jeweler for purity testing (acid test/XRF machine).

Step 3: Negotiate the Price

Don't accept the first offer.

Bargain for a fair rate.

Step 4: Complete Documentation

Provide proof of ID (Aadhaar, PAN).

Sign a sale agreement (to avoid legal issues).

Step 5: Receive Payment Securely

Prefer bank transfer or Cheque (avoid cash for large amounts).

5. Common Scams & How to Avoid Them

Fake Gold Buyers: Always verify the buyer's credibility.

Underweighting: Check the weight in front of you.

Purity Fraud: Insist on XRF testing.

Lowball Offers: Compare rates before selling.

Tip: Avoid street-side buyers; stick to reputed stores.

6. Best Places to Sell Gold in Hyderabad

Buyer Location Accepts

Malabar Gold Multiple branches Jewelry, Coins

Tanishq Banjara Hills, Kukatpally Exchange & Buyback

Bhima Jewellers Abids, Secunderabad Gold coins & jewelry

ICICI Bank All major branches Gold bars/coins only

Joyalukkas Hitech City, KPHB Jewelry buyback

7. Tax Implications on Gold Sales

There is no tax if gold sold is within personal limits.

Capital Gains Tax if gold was held as an investment (LTCG after 3 years).

Always take a receipt for future reference.

Sell Pledged Gold Hyderabad

8. Final Tips for Selling Gold in Hyderabad

✅ Sell when prices are high (check trends).

✅ Avoid emotional selling (wait for the right time).

✅ Choose trusted buyers only.

✅ Keep all documents safe.

Conclusion Selling gold in Hyderabad can be smooth if you follow the proper steps. Whether you choose a local jeweler, bank, or online buyer, ensure transparency in pricing and documentation. By comparing rates and verifying purity, you can maximize your returns and avoid scams.

[credyfiapp]

The Golden Journey: A Trip Through India’s Best Gold Investment Plans — Post Budget 2025

It all began on a warm March morning in 2025 when I packed my bags — not for a mountain hike or a beach escape — but for a journey into the world of gold investments. With the Union Budget fresh off the press and the discontinuation of Sovereign Gold Bonds (SGBs) making headlines, I knew it was time to explore the golden trails of investing in India.

Stop 1: The Ancient Path — Physical Gold

My first stop was a traditional jeweler in Chennai, where sparkling 24K necklaces and gold coins shimmered under the lights. “This,” I thought, “is how my grandmother used to invest.” But while the jewelry dazzled, the shopkeeper reminded me of the hidden costs — making charges, storage issues, and the risk of theft. Coins and bars seemed better — purer and simpler — but carrying them around felt like lugging emotional baggage.

Stop 2: Digital Boulevard — The Rise of Online Gold

I hopped on my phone next and landed on apps like MMTC-PAMP and Paytm Gold, where ₹1 could buy me fractional digital gold. No storage worries, instant liquidity, and 99.9% purity. Digital gold felt like a clean, modern highway. The perfect stop for millennials who want convenience and security on their investing journey.

Stop 3: Stock Market Street — Gold ETFs

Next, I entered the buzzing world of the stock exchange. Buying Gold ETFs like HDFC and ICICI Gold ETFs felt like trading air-conditioned comfort for engine-powered efficiency. With low costs, transparent pricing, and real-time tracking, this route offered speed and control. Perfect for those who like to stay in the driver’s seat.

Stop 4: The Closed Tunnel — Sovereign Gold Bonds

I reached a tollgate: “SGBs discontinued,” it read. The government had closed this route, though older SGB investors were still enjoying 2.5% annual interest and capital gains tax exemptions. It was once the gold route to stability and tax efficiency — now a vintage trail for long-haul investors.

Stop 5: Diversion to Mutual Fund Valley

Finally, I wandered into the valley of Gold Mutual Funds. Managed by pros, funds like Axis Gold Fund gave me access to diversified gold assets, even without a Demat account. With SIPs starting small, it was an inclusive lane for cautious but curious travelers.

What I Learned on My Journey

Every path had its pros and potholes:

Physical Gold felt emotional but carried extra weight.

Digital Gold was seamless for flexible budgets.

Gold ETFs offered real-time thrills with minimal hassle.

SGBs, though halted for new investors, remained a tax-smart legacy trail.

Gold Mutual Funds blended comfort and professional expertise.

Like any good trip, I realized the key isn’t picking one route — it’s about knowing which path fits your goals, your risk appetite, and your journey timeline.

Final Stop: Your Next Move

Ready to begin your golden adventure? Start small. Diversify. Explore tools like gold ETFs and mutual funds, and stay informed as India’s investment map continues to evolve post-Budget 2025.

Because in the end, every investor is a traveler — and the smartest ones plan their route before setting off.

🔔 Want more such financial travelogues? Follow Credyfi for expert insights, loan tips, credit card comparisons, and guides to smarter investing.

[thetumblerdiaries]

SUPPORT HEERA GROUP by Lending Qard-e-Hasana: Step Forward & Help Us Through Qard-e-Hasana

Introduction

As we enter the blessed month of Ramadan, we are reminded of the importance of giving and supporting those in need. Today, we have a unique opportunity to SUPPORT HEERA GROUP by Lending Qard-e-Hasana. This noble act not only helps a struggling business but also aligns with the core principles of Islam and the spirit of Ramadan.

Understanding Qard-e-Hasana

Qard-e-Hasana is an interest-free loan given solely for pleasing Allah and supporting those in need. It is a form of charity that exemplifies the Islamic principles of brotherhood and compassion. Unlike traditional loans, Qard-e-Hasana does not involve any financial gain for the lender, making it a pure act of kindness and generosity.

The concept of Qard-e-Hasana is deeply rooted in Islamic teachings. Allah says in the Quran:

"Who is it that will lend to Allah a goodly loan so that He may multiply it for him many times over?" (Surah Al-Baqarah 2:245)

This verse emphasizes the spiritual rewards associated with giving Qard-e-Hasana. By lending without expecting any worldly gain, we are essentially lending to Allah, who promises to multiply our rewards manifold.

The Importance of Supporting Heera Group

Heera Group has been a significant player in the business community, contributing to the economy and providing employment opportunities. However, like many businesses, they are facing challenges and need our support to overcome these difficulties.

By stepping forward to help Heera Group through Qard-e-Hasana, we are not just supporting a business; we are helping to:

Protect jobs and livelihoods

Maintain economic stability in the community

Uphold the Islamic principle of supporting those in need

Set an example of community solidarity

Why Your Contribution Matters

The situation facing Heera Group is critical, and your support can make a significant difference. Here's why your contribution is crucial:

Meeting the Supreme Court Deadline: A total of 25 Crores must be deposited, and the Supreme Court deadline is strict. Every contribution, no matter how small, brings us closer to this goal.

Protecting Assets: Your support helps protect Heera Group's assets, ensuring that the company can continue its operations and eventually repay its obligations.

Ensuring Business Continuity: By contributing, you're playing a part in ensuring that Heera Group can continue its business operations, preserving jobs and economic activity.

Honoring Past Contributions: Heera Group has been a valuable member of the business community. By giving back now, we honor their past contributions and help them through this challenging time.

How to Contribute

Contributing to this noble cause is simple and straightforward. You can deposit your Qard-e-Hasana directly to the official Heera Group account:Bank Details: Account Name: Heera Jewellers Bank: HDFC, Mehdipatnam A/c No: 03658630000054 IFSC: HDFC0000365

Every contribution, regardless of its size, is valuable and appreciated. Remember, in the eyes of Allah, it's not the amount that matters, but the intention and the spirit of giving.

The Rewards of Giving Qard-e-Hasana

While Qard-e-Hasana is given without expectation of worldly gain, the spiritual rewards are immense. The Prophet Muhammad (peace be upon him) said:

"Whoever relieves a believer's distress, Allah will relieve his distress on the Day of Judgment." (Sahih Muslim)

By contributing Qard-e-Hasana to support Heera Group, you are:

Earning Allah's pleasure and blessings

Accumulating rewards for the Hereafter

Helping to relieve the distress of fellow believers

Strengthening community bonds

Practicing the true spirit of Ramadan

Moreover, the act of giving Qard-e-Hasana can lead to personal growth, increased empathy, and a deeper understanding of the challenges faced by others in our community.

Conclusion

As we observe the holy month of Ramadan, let us seize this opportunity to SUPPORT HEERA GROUP by Lending Qard-e-Hasana. Your contribution, no matter how small, can make a significant impact in helping Heera Group overcome its challenges and continue its valuable contributions to our community.

Remember, by stepping forward to help through Qard-e-Hasana, you're not just supporting a business; you're embodying the true spirit of Islam and Ramadan. You're lending to Allah, who promises to multiply your rewards many times over.

Let's come together as a community, extend our support, and make a difference. Your act of kindness today can lead to blessings and relief both in this world and the Hereafter.

Contribute Now and be part of this noble cause. Every contribution counts, and together, we can make a significant impact.

[abhibmdu]

Secure Financing with Asset-Based Loan

Strength of Funds of Funds:

HDFC's underlying loans have a strong proposition such as the ability to redeem valuable assets, primarily gold or other jewellery, as per the contract. Financing models based on this feature provide debtors with a secure base, allowing them to receive financing without giving their assets to others.

Security Beyond Numbers:

One of the great features of HDFC jewel loan is the enhanced security it provides to the borrower. By connecting the loan to assets such as gold, people can benefit from favorable conditions. Lower interest rates and easy repayment options are more than just financial benefits; They represent a commitment to providing borrowers with convenient and secure structures to meet their financial needs.

The liability of the loan will reduce the borrower, leading to a win-win situation where the borrower accepts the offer and secures the borrower's investment. This security extends beyond the monetary realm, offering peace of mind to individuals navigating the often turbulent waters of personal finance.

Freedom of End-Use:

Unlike traditional loans that often come with stringent restrictions on fund usage, HDFC Jewel Loan provides borrowers with unparalleled freedom. The funds obtained through this loan can be employed for a myriad of purposes, ranging from addressing unforeseen medical emergencies to covering essential education expenses or even investing in a cherished personal project.

This flexibility is a game-changer, allowing individuals to tailor the loan to their unique needs and aspirations. Whether it's seizing an entrepreneurial opportunity, supporting a loved one's educational journey, or simply managing unforeseen expenses, HDFC Jewel Loan empowers borrowers to navigate life's financial complexities with confidence.

Confidentiality Matters:

In the digital age, where data privacy is of paramount importance, HDFC, as a trusted financial institution, prioritizes the confidentiality of its customers. The process of applying for and securing an HDFC Jewel Loan is fortified with stringent measures to protect the privacy and sensitive information of individuals.

This commitment to discretion fosters a sense of trust and security, crucial elements when engaging in financial transactions. Knowing that one's financial affairs are handled with the utmost confidentiality enhances the overall borrowing experience, making HDFC Jewel Loan a choice that not only makes financial sense but also aligns with modern expectations of privacy.

Streamlined Processing for Timely Solutions:

Financial needs often arise unexpectedly, demanding prompt and efficient solutions. HDFC Jewel Loan is designed with this urgency in mind. The application and approval process is streamlined, ensuring a quick and hassle-free experience for borrowers. This rapid turnaround time is particularly critical during times of urgent financial need, making HDFC Jewel Loan an ideal choice for those seeking swift access to funds without compromising on security.

Conclusion:

In the dynamic landscape of personal finance, where security, flexibility, and efficiency are paramount, HDFC Jewel Loan stands tall as a testament to responsible and reliable lending. By embracing an asset-based approach, this financial solution not only provides a secure foundation but also grants borrowers the freedom to use funds as needed. With enhanced security measures, confidentiality, and a commitment to efficiency, HDFC Jewel Loan exemplifies a modern and secure approach to financial empowerment. Choosing HDFC Jewelery Loan is more than a financial decision; This is a step towards a secure and strong financial future.

[yeshdevelopers2023]

Unveiling Hidden Realities: Investment Insights into Luxury Villas in Mysore

Mysore, the city of palaces, is not just a testament to history but also a canvas for modern luxury living. As Mysore evolves, so do the prospects for those seeking to invest in a lifestyle that combines opulence with tradition. In this blog, we uncover the hidden realities of investing in luxury villas in Mysore, with a spotlight on the exceptional offerings by Yesh Developers' Yesh Villas.

Yesh Developers: Pioneers of Luxury Living

Yesh Developers has carved a niche in the Mysore real estate scene, offering a portfolio that includes "Villa for Sale," "Villas for Sale," "Villa for Sale in Mysore/Mysuru," and "Villas for Sale in Mysore/Mysuru." Their crowning jewel, Yesh Villas, showcases luxury living at its finest.

Visit Us

Mysore Projects

Contact Us

Experience the Extravagance: Lifestyle Villas

Among their remarkable offerings are Lifestyle Villas, ranging from 8507 SqFt to 4530 SqFt. These residences redefine luxury living in Mysore, offering what is often elusive in the city center – fresh air, tranquility, premium specifications, modern amenities, and a verdant neighborhood that encapsulates the essence of old Mysore.

Strategic Locations: Bogadi Road and Hunsur Road

Yesh Villas are strategically positioned on Bogadi Road and Hunsur Road. These areas are not only witnessing rapid development but also offer a unique blend of urban convenience and serene surroundings. Whether you are in pursuit of an exquisite home or a promising investment, these locations offer the best of both worlds.

Trust in Approvals and RERA Certification

Investing in real estate necessitates confidence in the project's legalities. Yesh Villas has secured approvals from the TOWN AND COUNTRY PLANNING AUTHORITY, Mysore, in accordance with MUDA specifications. This ensures that your investment aligns with the city's regulations.

Moreover, Yesh Villas proudly bears the RERA approval, enhancing credibility and transparency in all transactions.

Accessible Financing Options

For those considering financing options, Yesh Developers collaborates with esteemed financial institutions, including SBI, ICICI, and HDFC, to offer bank loans. This simplifies the financial aspect of your investment, making your luxury villa dream a reality.

Visit Us

Mysore Projects

Contact Us

Conclusion: Invest in a Lifestyle, Not Just a Villa

Investing in luxury villas in Mysore is not merely an acquisition of property; it's an investment in a lifestyle. Mysore's unique blend of tradition and modernity creates an environment that is culturally rich and forward-thinking. Yesh Developers, with their commitment to quality, legal compliance, and accessibility, provides a gateway to experiencing this unique way of life.

The allure of Mysore remains timeless, and with the opportunity to own a luxury villa at Yesh Villas, you can become a part of its illustrious story. Unearth the hidden realities of luxury living, invest in your dream, and elevate your lifestyle in the heart of Mysore's splendid heritage.

[cvrnewsdirectindia]

Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOs

After two long lethargic years, the domestic primary market is keenly awaiting some renowned firms to get listed.

These companies have the who’s who of India Inc and Dalal Street associated with them: from India’s top industrialist Mukesh Ambani to Big Bull Rakesh Jhunjhunwala and cricketing biggie MS Dhoni.

Market watchers say a frenzy is already building up in anticipation of an imminent listing of these stocks. Investors are rushing in to the unlisted market to buy these stocks before value unlocking begins.

Some of these firms have strong balance sheets and credible financials to support this frenzy.

ETMarkets.com collated a list of the unlisted names that have been buzzing in the grey market in recent weeks amid talks that they may get listed over the next 18 months.

HDB Financial Services (HDBFS) | Current unlisted market share price: Rs 1,050

With the strong parentage of HDFC group, HDB Financial Services is a leading NBFC stock buzzing in the grey market and seeing a lot of demand from investors. Incorporated in 2008, the NBFC caters to both retail and commercial clients. It has a well-established business of loans, fee-based products and BPO services with a strong capital base. It has been accredited with an ‘AAA’ rating for it long-term debt and bank facilities by CRISIL and Care Ratings. Its short-term debt and CPs are rated A1+, which makes it a reliable financial institution.

Expert Take: Sagar Shah of Ascent Wealth Advisors believes it is a good NBFC bet. Despite expensive valuations, it is poised to grow with a clean and strong balance sheet.

“People are buying this stock in the unlisted market at a premium. It is highly likely that the IPO will get robust over-subscription. Thus, there is this buoyancy,” he said.

Nazara Technologies | Current unlisted market share price: Rs 650

Mumbai-based Nazara Technologies is one of the leading mobile games companies operating in India, West Asia, Africa, Southeast Asia and Latin America. Its operations comprise subscription, freemium and Esports businesses.

The company has independent subsidiaries, named Next Wave Multimedia and NODWIN GAMING.

Big Bull Rakesh Jhunjhunwala is backing this venture, which is credited with some of the most popular games on Google play store, such as World Cricket Championship, Chhota Bheem Race and Motu Patlu Game.

Expert Take: Dinesh Gupta of Unlisted Zone says the company has lost some of its lustre lately. However, it has been aggressive in acquisition, having recently acquired a stake worth Rs 7.5 crore in India’s leading quiz app Sports Unity.

Tamilnad Mercantile Bank (TMB) | Current unlisted market share price: Rs 370

Formerly known as The Nadar Bank, this lender has over 500 branches and 12 regional offices across the nation. All the branches are computerised and interconnected. Hailing from Tamil Nadu, the bank has strong roots in south India.

Expert Take: This stock has been getting mixed reaction from market experts. Sandip Ginodia of Abhishek Securities finds TMB a valuable bet. “The stock is available at 1.25 times book value. A robust loan book is keeping the estimates highs,” he said.

Gupta of UnlistedZone said developments in YES Bank and RBL Bank have led to a carnage of this stock in the unlisted market as there are better bets in the market.

Reliance Retail | Current unlisted market share price: Rs 750

Reliance Retail, a part of Reliance group, is the largest retail company in India. The Mukesh Ambani-led venture operates Reliance Fresh, Reliance Smart and Reliance Market Stores, and has a turnover of Rs 1.3 lakh crore. It also operates all Reliance Digital, Mini Express Stores and Jio Stores.

Alongside, it also runs Reliance Trends, Trends Women, Reliance Jewels, Reliance Footprints and fashion website Ajio.

According to its annual report of FY19, the subsidiary of Reliance Industries had 10,415 stores in over 6,600 cities and towns of India, with total area over 22 million sq. ft. as of March 31, 2019.

Expert Take: Shah of Ascent Wealth believes the stock valuation is very high compared with its peer Avenue Supermarts. Reliance Retail is operating at a massive scale, which maintains constant pressure on margins. “The company has a very strong promoter. The retail story is set to prosper in India.”

He and Ginodia gave this stock a thumbs-up from a long-term perspective.

Studds Accessories I Current unlisted market share price: Rs 700

Studds is one of the largest two-wheeler helmet manufacturers in the world. It has a 25 per cent market share in India, boasting safety, comfort and style.

Incorporated in 1983, the company has two manufacturing facilities spread over 6 acres in Faridabad, Haryana.

The company has its presence in 39 countries and launched 36 new products in last three years in seven different sizes. The company also manufactures two-wheeler accessories such as jackets, gloves and glasses. The company has already filed DHRP with Sebi.

Expert Take: Gupta said Studds would be the biggest beneficiary of the new Motor Vehicles Act. There is high demand for helmets in the market and the company has biggest market share. He pointed out that non-ISO-certified helmet manufacturers are soon going to be fined heavily.

Chennai Super Kings (CSK) | Current unlisted market share price: Rs 26

Unlisted shares of this IPL franchise have been drawing lot of attention amid rumours surrounding possible retirement of MS Dhoni. CSK has been the most successful franchise of the IPL, winning the title thrice. The unlisted scrip traded in the Rs 12-15 range in the last week of November, 2018, and then jumped to Rs 30-35 by mid-April 2019.

Expert Take: Ginodia and Shah find the stock very attractive. Ginodia said the company’s FY19 PAT was on the expected lines. Shah, however, suspects a dip in brand value after Dhoni retires. But, he too, finds the stock performance at par.

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from CVR News Direct https://cvrnewsdirect.com/jhunjhunwala-ambani-dhoni-much-of-d-street-awaiting-these-big-bang-ipos/

[exusysdm-blog]

A personal loan is purely unsecured, short term cash loan, which means that the individual customer is not required to provide the bank with any security (ex. property, jewels) or any kind of guaranty against the personal loan.

Formally, for any urgent cash requirement, we prefer personal loan. It can be taken for any general purposes like education, reconstruction of property/home renovation, a wedding expense, vacation etc. Most of the finance companies or other banks offer Personal Loan up to Rs. 40 lacs for salaried customers. Normally, it can be repaid over a period of 12 months to 60 months. Some of the banks are funding more than that.

[thetumblerdiaries]

Lend a Helping Hand: Fulfill the Supreme Court's Directive with Qard-e-Hasana

Introduction

In times of need, the true strength of a community shines through. The Heera Group, a respected business entity, now faces a significant challenge and calls upon its members and well-wishers to lend a helping hand. This blog post explores the concept of Qard-e-Hasana and how it can be used to fulfill the Supreme Court's directive while supporting the Heera Group.

Understanding the Supreme Court's Directive

The Supreme Court of India has issued a directive requiring the Heera Group to deposit ₹25 Crores within a 90-day period, starting from March 6, 2025. This court order is non-negotiable and must be fulfilled, even if it means resorting to borrowing. The gravity of this situation calls for immediate action and support from those who have benefited from the Heera Group or believe in the principles of fairness and justice.

What is Qard-e-Hasana?

Qard-e-Hasana is a unique Islamic financial concept that translates to "beautiful loan" or "benevolent loan." It is an interest-free loan given solely for the purpose of helping those in need and pleasing Allah. This form of financial assistance is deeply rooted in Islamic teachings and is considered a highly virtuous act.

Key features of Qard-e-Hasana:

Interest-free

Given with the intention of helping others

Repayment terms are flexible and based on the borrower's ability

Encouraged as a means of earning spiritual rewards

The Islamic Perspective on Qard-e-Hasana

The concept of Qard-e-Hasana is deeply embedded in Islamic teachings and is mentioned several times in the Holy Quran. One such reference is found in Surah Al-Baqarah:

"Who is it that will lend to Allah a goodly loan so that He may multiply it for him many times over?" (Surah Al-Baqarah 2:245)

This verse emphasizes the spiritual rewards associated with providing interest-free loans to those in need. The act of giving Qard-e-Hasana is seen as lending to Allah Himself, with the promise of manifold returns in this life and the Hereafter.

Prophet Muhammad (ﷺ) also encouraged this practice, as evidenced by the following hadith:

"Whoever relieves a believer's distress, Allah will relieve his distress on the Day of Judgment." (Sahih Muslim)

This hadith highlights the reciprocal nature of good deeds and the far-reaching impact of helping others in their time of need.

Why Your Support Matters

Supporting the Heera Group through Qard-e-Hasana is not just a financial transaction; it's a demonstration of community solidarity and an act of faith. Here's why your contribution is crucial:

Meeting the Court's Deadline: The ₹25 Crores must be deposited within the strict 90-day timeframe set by the Supreme Court. Your timely support can help meet this critical deadline.

Protecting Heera Group's Assets: By helping to fulfill this financial obligation, you're contributing to the protection of Heera Group's assets and ensuring its business continuity.

Reciprocating Past Benefits: If you've benefited from Heera Group in the past, this is an opportunity to give back and show your appreciation.

Earning Spiritual Rewards: Participating in Qard-e-Hasana, especially during the blessed month of Ramadan, can bring immense spiritual rewards and blessings.

Strengthening Community Bonds: Your support demonstrates the power of community unity in times of need, strengthening the bonds between Heera Group and its stakeholders.

How to Contribute

Contributing to this noble cause is straightforward. You can deposit your Qard-e-Hasana directly to the official Heera Group account using the following details:

Account Name: Heera Jewellers

Bank: HDFC, Mehdipatnam

Account Number: 03658630000054

IFSC Code: HDFC0000365

When making your contribution, please ensure that you:

Use a reliable and secure method of transfer

Double-check the account details before confirming the transaction

Keep a record of your transaction for future reference

The Impact of Your Contribution

By participating in this Qard-e-Hasana initiative, you're not just helping Heera Group meet a legal obligation; you're making a lasting impact in multiple ways:

Legal Compliance: Your contribution helps Heera Group comply with the Supreme Court's directive, maintaining its legal standing.

Business Continuity: Supporting Heera Group in this challenging time ensures that it can continue its operations, benefiting employees, stakeholders, and the wider community.

Economic Stability: By helping a significant business entity like Heera Group, you're contributing to the overall economic stability of the region.

Spiritual Growth: Engaging in Qard-e-Hasana is an opportunity for personal spiritual growth and earning rewards from Allah.

Community Strength: Your act of support reinforces the strength and unity of the community, setting a positive example for others.

Frequently Asked Questions

Q: Is Qard-e-Hasana a donation or a loan?

A: Qard-e-Hasana is an interest-free loan, not a donation. The principal amount is expected to be repaid when the borrower is able.

Q: How will Heera Group repay the Qard-e-Hasana?

A: Heera Group is committed to repaying all Qard-e-Hasana contributions as soon as its financial situation stabilizes. Specific repayment terms will be communicated to contributors.

Q: Is there a minimum or maximum amount for Qard-e-Hasana contributions?

A: There is no set minimum or maximum. Contributors are encouraged to give what they can comfortably afford.

Q: Can non-Muslims participate in Qard-e-Hasana?

A: Yes, while Qard-e-Hasana is an Islamic concept, anyone who wishes to provide interest-free financial support is welcome to participate.

Q: How can I ensure my contribution reaches Heera Group?

A: Always use the official bank account details provided by Heera Group and keep your transaction receipt as proof of contribution.

Conclusion

The call for Qard-e-Hasana to support Heera Group in fulfilling the Supreme Court's directive is more than a financial appeal; it's an opportunity to strengthen community bonds, practice faith-based principles, and make a meaningful impact. By lending a helping hand through Qard-e-Hasana, you're not just supporting a business entity; you're participating in a noble act that carries both worldly and spiritual significance.

As we navigate this challenging period, let's remember the power of unity and the blessings that come from helping others. Your contribution, no matter the size, can make a significant difference. Together, we can help Heera Group overcome this hurdle and emerge stronger, all while earning the pleasure of Allah and strengthening our community ties.

[sporadicwinnersong]

Back in the dumps (India’s state-owned banks endure a string of bad news)#MohnishAhluwaliaNotes

A brief flurry of optimism in the sector comes to an end OF LATE Indian bankers have felt an unfamiliar sensation: optimism. A 1.3trn-rupees ($21bn) bail-out from the government seemed to have cleaned up the bad lending decisions of years gone by. A new bankruptcy law gave them an edge in long-standing battles with recalcitrant borrowers. It seemed a few Indian companies, having for years eschewed fresh investment, might even start borrowing again. This week woes linked to mismanagement at India’s three biggest partially state-owned lenders plunged the bankers back to their habitual gloom. On February 14th Punjab National Bank (PNB) announced it was investigating a fraud worth 114bn rupees, equivalent to about a third of its market capitalisation. A few days earlier the State Bank of India (SBI) unveiled its first quarterly loss since 1999. And Bank of Baroda has hastily announced the closure of its South African operation, accused of having shady business associations there. The Punjab heist is potentially the most serious. The second-largest nationalised bank admitted that employees in Mumbai had approved transactions that left PNB on the hook for $1.8bn. This suggests, to put it mildly, some lacunae in how the place is run. Its shares fell by over 10% as investors tried to assess whether the sum had been lost or was merely at risk. The bank has reportedly filed a complaint against a jeweller, Nirav Modi, and some of his family and businesses. Its accusation, to which Mr Modi has not responded, is that he induced bank employees to issue letters of credit, which were left off PNB’s books. The letters of credit seem then to have been used as security to borrow from other banks overseas. Mr Modi says he is willing to sell his businesses to make the banks whole. SBI’s troubles are far easier to grasp. Like other state-owned lenders, which control about two-thirds of assets in the banking system, SBI has repeatedly had to adjust its quarterly profits to recognise that some loans made in past years are unlikely to be repaid. Losses linked to bad loans soared in the most recent quarter, in part because the Reserve Bank of India, the regulator, forced SBI to recognise even more of its loans as duds than it had done previously. The regulator did not say whether it regarded SBI’s management as negligent, or dishonest. Finally, Bank of Baroda, the third-largest nationalised lender, on February 12th announced it would be pulling out of South Africa, one of a handful of markets it had entered in the past two decades. Its strategy of building its franchise by lending to the Indian diaspora had not reckoned with the Gupta brothers, three financiers accused of having undue influence in President Jacob Zuma’s inner circle. An investigation by the Hindustan Times and others detailed how Baroda stuck by the Guptas even as other banks pulled back. Baroda says it is co-operating with South African authorities, which are investigating. The bad news has helped to wipe out half the share-price gains of the 21 state-owned banks after the government’s rescue plan was unveiled in October. Most are trading below the stated value of their net assets, implying investors still don’t trust their accounts. Taken together, all the nationalised lenders are now worth less than HDFC Bank, a single private lender. It may be some time before optimism returns.

#MohnishAhluwaliaNotes

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[moreprelaunchprojectsinthan-blog]

The Hidden Agenda Of Pre Launch Projects In Thane

The preferred number of bedrooms individuals search for in Thane is 1, followed by 2 and 3. Inside this space you could discover properties in Thane inside Thane West,thane and Kolshet Highway Thane West,thane. It's located right behind to the commercial capital of the India, on the japanese seaboard of the Thane Creek. Infrastructure connecting to city from Thane is also bettering at a quick tempo.Degree of Appreciation Rely on which challenge you might have invested Rs, 60 lakhs in, the size of your condo, Amenities within the constructing and the neighbourhood. One of the Thane Residential Projects Neelkanth Group new projects in Ghatkopar East, Mumbai is Neelkanth Royale comprising forty units of three and four BHK flats with sizes ranging from 2,425 sq. ft. to 3,102 sq. ft. Within this space it's possible you'll discover properties in Thane inside Ghodbunder Street and Thane West,thane. It's estimated that on a regular basis 7.5 million working populace commute between Thane & Mumbai.

There are numerous paperwork which might be to be checked while buying a property particularly, purchase agreement, sale deed etc. There is a substantial surge in growth of business and residential tasks in Thane because of this factor. Today the group has expanded the scope of its artistic tasks to Mumbai's numerous neighbouring districts of Pune, Thane and Nashik. The residential constructing is in North east going through and has financial Residential Apartment In Thane institution approvals from ICICI,HDFC,Others. Well-liked tasks embrace Cosmos Jewels Ruby, Harmony Sky Suites, Dosti Vasudha, Balaji Trinity Oasis, Hubtown Siddhi and Puranik Sky Villa to name just a few. When you decide to promote the sale proceeds will come to your loved ones within the proportion that each individual is entitled as per the holding structure (laid out in inheritance document or probate). Besides Amravati Outer Ring Road expressway, the NHAI was working on Lucknow-Kanpur, Delhi-Jaipur,Vadodara-Mumbai expressway projects as well.

In case you are buying the property by your NRE accounts, then you could possibly repatriate your sale proceeds and rental income to your overseas account after deduction of Revenue Tax and Capital Beneficial properties on the Sale proceeds as applicable. Viral spent the preliminary 17 years of his career with Unilever Pre Launch Projects In Thane based mostly throughout places in India, Philippines and the U.A.E. At the time of leaving HUL, he held the function of Class Director, Skin Care for Africa, Middle East & Turkey (AMET). Also, we provide you skilled tax and accounting associated data which is normal. The projects are built retaining in thoughts the wants and requirements of the homeowners. He principally overlooks operations that embrace Construction, Contracts & Purchase, along with P&L responsibilities of some of the major tasks within the Rustomjee portfolio.

The cluster growth programme in Thane was introduced last year to resolve problems arising out of unlawful and dilapidated constructions and after completion of the programme, will probably be a boon for the town, it said. Its all the time advisable to see which projects are approved Residential Property Thane by which Financial institution so accordingly you apply for the Loan within the respective accredited Banks for a quicker mortgage approval process. We now have partnered Ekta World on numerous their initiatives during the last eight years and have witnessed their transformation from a builder of high quality apartments to the creator of high quality environments. You may additionally strive one thing completely different corresponding to Upcoming Tasks Western Suburbs Mumbai or 1 Bhk Initiatives Mumbai Thane. The concept is to sync highway and rail links, inland waterways, and coastal shipping to achieve coastal and industrial growth. Nonetheless, if in case you have low credit Thane Residential Property score score, you're restricted to excessive-interest rates. Age proof: PAN card, Voters ID, Passport and License Xerox of ration card Enterprise profile with details on the character of enterprise, list of clients, suppliers, staff power, geographical spread, and many others.

The challenge will provide properties at a cheaper rate as compared to those available available in the market.e Minister Narendra Modi's pet mission Pradhan Mantri Awas Yojana (PMAY) in Thane have been granted approval from the state government's appraisal committee. Over the past 21 years, the builder group has been delivering excellence within the type of distinctive real property projects.

[upi-upiapp-blog]

From punch-marked coins to UPI, a brief history of money in India

From the seals of Mohenjo-Daro and the punch-marked coins of the sixth and seventh century BCE to electronic wallets today, the world of money, currency and financial transactions have indeed come a long way.

 The launch in April of the United Payment Interface, a digital transaction mechanism developed by National Payments Corporation of India that enables users to make payments with the click of a button through their smartphones, is another chapter in the evolving story of money and payments in India. Let’s take a look at the journey so far.

 A rich history

The first coins in India are believed to date back to the seventh and sixth century BCE – though there are some theories that the seals dating back to Indus valley cities such as Mohenjo-Daro and Harappa were used as currency. This was followed by credit instruments such as loan deeds, pay orders, and hundis. Paper money, however, made its entry only in the late 18th century, according to the Reserve Bank of India’s Monetary Museum.

 Private and semi-government banks first issued currency notes, but the Paper Currency Act of 1861 gave the monopoly of this to the government of India.

 Next, cash-less methods of payment evolved, but these still required a physical manifestation of money. Cheques were introduced by the Bank of Hindustan, one of India’s first banking institutions, in 1770. The Negotiable Instruments Act of 1881 formalised non-cash modes of paper payments (such as cheques, bills of exchange and promisory notes) in India.

 The RBI was formally inaugurated as India’s apex banking institution in 1935 in Calcutta (now Kolkata) to regulate the issue of currency notes and maintain reserves to ensure economic stability. Currency notes of the day bore images of British Kings and Queens. The George VI series, for instance, went on till 1950, when the Indian government brought out the new design of currency notes, featuring symbols of the newly independent nation, such as the Ashoka Pillar. The Mahatma Gandhi series, which continues till today, was introduced in 1996.

 Since the late 1980s, changes in the Indian banking sector gathered pace. India’s first automated teller machine, or ATM, is said to have been installed by HSBC in 1987. The banking sector was opened up to private players after the reforms of 1991, when the economy was opened up, or liberalised, and with the entry of private banks, including major players such as HDFC Bank, Axis Bank and ICICI Bank. The system of money and payments began changing rapidly. Along with ATMs came plastic money in the form of credit cards and debit cards, both of which steadily gained popularity in coming years.

 The e-revolution

While internet service and mobile phones also came to India in the 1990s, internet usage and smart-phone ownership boomed only in recent years, in the 21st century. Thus, while internet banking has been around in India for quite some time (ICICI purportedly introduced it, in the late 1990s,) the advent of online/mobile payment systems such as National electronic funds transfer, or NEFT, real time gross settlement, or RTGS and interbank mobile payment system, or IMPS, is relatively new.

 Mobile or digital wallets such as PayTM and MobiKwik, which allow users to maintain a electronic wallet to which they can transfer money and transact online, are less than a decade old.

 These technological advancements have transformed our lives in many ways, allowing us to save time as well as money.

 Many of us can remember the time when we used to get a pay cheque every month, for which we would have to take time off to visit a bank, stand in line, deposit the cheque and then wait for the money to be credited to our accounts. Compare that to an instant online salary transfer by most employers.

 Similarly, we remember lining up to pay our telephone or electricity bills not too many years ago – all of which can now be done at the click of a mouse button or a tap on our smart phones.

 Cash is still king

Despite all these advances, however, cash still remains the predominant form of payment in India, even when we exclude India’s large black market (which is pegged at 20% of India’s GDP).

 According to some estimates, only 6%-7% of transactions in retail payments are conducted electronically and the rest are in cash or through cheque. Currency in circulation increased 15% in the financial year 2015-2016. In its annual report, the RBI attributed this increase to “a cluster of state elections, apart from other frictional factors such as festival-related demand and jewellers’ strike.”

 The convenience of cash is undisputed – transactions are instant, cash does not require any verification, runs 24x7 and is universally accepted. Think about the role of cash plays today: most households use cash to pay salaries of their help, to purchase vegetables and fruits and several small-ticket purchases. Similarly, cheques are still in vogue for paying rent.

 Since large sections of the country are not connected to the Internet or do not own smartphones, cash remains the primary mode of payment.

 There's an app for that

However, though cash may be king, it is also costly since it entails printing and storing currency. Moreover, cash also fuels the black-money economy, corruption and terrorism. Aware of these pitfalls of a cash-based economy, the government and the RBI are slowly changing the way payments are made in India. The government’s anti-corruption, pro-technology stance is well known and can be seen in the importance given to initiatives like JAM (the Jan Dhan, Aadhar, and Mobile), direct benefit transfers.

 The RBI’s Vision 2018 document specifically mentions a “less-cash” society. Thus, there is a concerted effort to reduce the role of cash in our lives. These efforts will pay off.

 The Upi system is another page of the book. The system, allows users to make payments directly through their smartphones, through the United Payments Interface app, without having to key in their card details or any password. With time, the RBI hopes that it is popularised to such an extent that citizens start using the app even to purchase grocery and other small transactions. Several banks have begun to launch the app and many more are likely to follow.

 While the app will take time to gain acceptance, the structural change in the way we make payments is here to stay.

 Source: http://bit.ly/2osoLIB