Gold loan companies in Kerala have grown rapidly, offering families a quick way to access cash without selling their jewelry. But the appraisal process for a gold loan is very different from selling gold. If you understand how gold loan appraisal works, you can make smarter choices and avoid hidden costs.
Gold Loan Appraisal vs. Selling Gold
When you visit gold loan companies in Kerala, their main goal is to value your ornaments as collateral:
- Purity Check: Most lenders test purity with XRF machines. A 22K chain fetches more than an 18K one.
- Net Weight: Only the gold weight counts. Stones and enamel are excluded.
- Loan-to-Value (LTV): RBI allows a maximum of 75% of market value. For example, 20 grams of 22K gold can get you a loan equal to 75% of its value.
When you sell gold, jewelers focus on resale:
- You are paid based on live gold rates.
- Making charges may reduce the payout by 2–5%.
- Stones and gems may carry value—ignored in gold loans.
👉 The key is: Gold loan companies in Kerala value ornaments as collateral, while jewelers value them for resale.
What You Should Watch Out For
- Compare interest rates. Some firms charge 7%, others over 24%.
- Always check if weighing is done in front of you.
- Ask about foreclosure fees before pledging.
- Confirm how interest is calculated.
Case Study: Kerala’s Gold Loan Market
According to the RBI 2023 report, Kerala accounts for nearly 20% of India’s gold loan market. Muthoot Finance and Manappuram Finance are the largest players. This shows how strongly families in Kerala depend on pledged gold for financial security.
“Research shows that Kerala households hold over 400 grams of gold per capita—more than twice the national average.”
FAQ
Q1. Do gold loan companies in Kerala pay less than jewelers?
No, they don’t buy gold. They only lend against it, at 75% of its value.
Q2. Is pledged gold safe?
Yes, RBI-regulated firms insure pledged gold. If stolen, compensation is provided.
Q3. Should I pledge or sell my ornaments?
Pledge if you need short-term funds. Sell if you want full value and no repayment.
Learn about hallmarking in our guide: Understanding BIS Hallmark: What It Means for Your Jewellery
Read more on purity differences: 24K, 22K, 18K: What Every Malayali Gold Buyer Must Know
Before pledging, check our Gold Buying Checklist for Malayalis
Suggested Reading:
Reserve Bank of India – Guidelines on Gold Loans
This Indian Western jewelry guide offers clear answers on styles, buying, and care. Whether you prefer traditional Indian jewelry or modern Western designs, following these tips ensures your collection stays stylish, safe, and long-lasting.
Welcome to this Indian Western jewelry guide. Here, you’ll explore popular styles, key differences between Indian and Western jewelry, and practical buying tips. This guide helps you choose pieces for daily wear, special occasions, and gifts.
General Jewelry FAQ
How do you choose jewelry for daily wear?
Pick practical pieces such as gold studs, silver hoops, or a thin chain. They work well with everyday outfits and last longer with minimal care.
What should you check before buying jewelry?
Check gold for official hallmarks and silver for 925 purity marks. These details prove quality and help you avoid poor purchases.
How do you care for jewelry at home?
After each use, wipe items with a soft cloth. Store them in pouches to avoid scratches, and keep them away from perfumes and water to preserve shine.
Does jewelry make a good gift?
Yes. Silver bracelets suit birthdays, while gold earrings or bangles are ideal for weddings and anniversaries.
Indian Jewelry FAQ
Popular Indian Jewelry Types
What are the main types of Indian jewelry?
Kundan, Jadau, Temple, Polki, and Meenakari are all popular. Each style has unique appeal and occasions for wear, as explained in this Jewelry FAQ Indian Western.
When should you wear heavy bridal jewelry?
Heavy sets are perfect for weddings, receptions, and major festivals. For smaller events, opt for lighter earrings or slim chains.
Indian Bridal Jewelry
What makes Kundan and Polki bridal jewelry different?
These handcrafted sets combine earrings, necklaces, and bangles, offering intricate detail and uniqueness.
Should you buy a full bridal set or separate pieces?
A full set works best for weddings, while single pieces offer more flexibility for repeated use.
Indian Jewelry Care
How do you care for Kundan and Polki jewelry?
Store in soft-lined cases, avoid water and sprays, and gently wipe with a dry cloth.
Can you clean antique jewelry at home?
No. Antique pieces are delicate and should be cleaned by a professional jeweler.
Do Indian designs work with Western fashion?
Yes. A Polki choker can pair with a gown, and Jhumkas can enhance jeans. Mixing styles shows why this Jewelry FAQ Indian Western is popular.
Western Jewelry FAQ
Western Jewelry Styles
What defines Western jewelry?
Cocktail rings, layered necklaces, minimalist chains, and bold hoops. Western jewelry often follows seasonal trends.
Why is silver popular in Western fashion?
Silver is stylish and affordable, suitable for both formal and casual wear.
Layering Techniques
How should you layer necklaces?
Start with a choker, add a mid-length chain, then finish with a pendant for balance.
Workwear Jewelry
What jewelry works best in an office?
Simple diamond studs, light hoops, or thin gold chains. One statement piece is fine; avoid stacking multiple bold items.
Seasonal Jewelry
Should you follow seasonal jewelry trends?
Yes. Seashell styles fit summer, pearls suit autumn, and heavy cuffs work well in winter.
Buying and Styling Jewelry
Choosing Between Gold and Silver
How do you decide?
Gold flatters warm undertones, silver suits cool tones.
Is costume jewelry worth buying?
Yes, especially for short-term styling or festivals.
Mixing Indian and Western Styles
How should you store mixed jewelry?
Use a box with separate slots for gold, silver, and imitation jewelry to avoid scratches.
Can Indian and Western styles be mixed?
Absolutely. Silver hoops with sarees or gold bangles with evening gowns create a bold fusion look.
Professional Guidelines
What is ideal for office wear?
Stud earrings, fine bracelets, and slim chains keep you elegant and professional.
Jewelry Care and Storage
How do you clean silver jewelry?
Use a silver cleaning cloth or mild soap water, rinse, and dry completely.
How should you maintain gold jewelry?
Store in velvet-lined boxes and avoid perfumes or sprays.
How should jewelry be carried while traveling?
Use a travel box with separate slots to prevent tangling and damage.
This Indian Western jewelry guide offers clear answers on styles, buying, and care. Whether you prefer traditional Indian jewelry or modern Western designs, following these tips ensures your collection stays stylish, safe, and long-lasting.