During his working stint between 1984 to 2000, he worked in a Public Listed company, directly working with Chairpersons and Managing Directors in Pune and Saudi Arabia. From 2001 till date, he was into business. 2001 to 2015 into the Travel business and from 2015 onwards he ventured into short duration funding, say only for 2-3 hours exclusively to gold loan borrowers who are unable to release pledged gold.
GOLD IS GOLD, has traditionally been among the most liquid assets and is an accepted universal currency. Gold investment is presumed to be a haven in times of economic uncertainty, a fact exemplified by a constant increase in gold price year-on-year.
Nowadays Gold Loan is available with all Banks, Non-Banking Finance Companies, Fin-Tech, Credit Co-Operative societies, and Jewelers. The borrower has to pledge the gold/jewelry to the lending institute by completing minimal documentation to avail gold loan instantly.
This financial product/service is now available over the counter and has gained a lot of popularity in recent years. After availing of a gold loan, many borrowers face different types of problems while paying interest and principal loan amounts. In such cases, GGFSL offers a unique and of its kind financial solution to gold loan borrowers who are unable to release pledged gold. Since Oct 2015 4000+ cases have been solved to date.
At present, we help with short duration finance, say only for 2-3 hours, till gold is released and sold in an open market.
Very soon, the company will be expanding its product offering all over Maharashtra followed by other States.
2-3 HOURS OF FUNDING
LOAN AGAINST GOLD
DOOR DELIVERY GOLD LOAN
DOOR DELIVERY GOLD PURCHASE
BUYING OF GOLD FROM AUCTION