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Here Is How a Personal Loan Can Brighten Your Festive Season

November 10, 2019 Leave a comment

wealthymatters Gone are the days when people had to go to moneylenders to borrow at high interest rates. And, the practice of going to a pawnbroker and using jewellery to get some funds is also slowly becoming a thing of the past. People don’t have to worry about unregulated lenders harassing them anymore. This is mainly because of the presence of a number of legitimate financial institutions in the market today. By choosing a lender like Bajaj Finserv Markets, you can be sure of low interest rates.

If any unexpected expenses arise, the best thing you could do is apply for a personal loan . It’s an unsecured loan that helps individuals fulfill their immediate monetary needs. The plus point is that there are no restrictions on the proceeds of the loan amount. So, you could use it for any purpose like paying off a debt, financing your wedding, taking care of medical expenses, starting a new business, constructing a house, going on a vacation, etc. In short, it’s your money and you can do whatever you want with it. Read more of this post

Filed under Tidbits Tagged with collateral, EMI calculator, interest rates, loan against property, loan approval, loan disbersal, loan eligibility, moneylender, pawnbroker, personal loan, postaday, unsecured loan

Datta Phuge Dons His Bespoke Gold Shirt

January 2, 2013 7 Comments

Datta Phuge calls himself “the gold man” and to live up to this self-image, he ordered himself a shirt made of gold to ring in the new year. He is a chit fund businessman from Pimpri,near Pune . His wife – Seema Phuge is an NCP corporator,

As he took the delivery of his custom-made 3.25 kg 22 karat gold shirt last Thursday he had jewellery weighing 5 kg loaded around his neck and wrists as accessories.

His next, but by far more modest, aspiration in the making, is a gold covered mobile phone.

About 15 goldsmiths laboured over 15 days, working 18 hours a day, to make 14,000 gold flower rings, interwoven with one lakh spangles, which were assembled on a fabric base of imported white velvet. The shirt has six Swarovski buttons and a gold belt to complete the look.

“After extensive research on the design and the look of the piece, I decided to give it an armour-like appearance,” says Tejpal Ranka who designed this opulent apparel.

Phuge, clearly a lover of bling, owns about 10 gold chains (including three chains of 70 tolas or 700 grams each), six bracelets and 25 rings, collectively weighing 10 kilograms.

But his most prized possessions are custom-made personal effects, which include a pen and a wristwatch made by the same jeweller. Now, the shell of a phone from Nokia’s gold series is being further gilded. It is likely to cost him another Rs 2.5 lakh. The phone is expected to be ready in a month’s time. “The body would be retained and the cover would be made in gold. This will be challenging as the elasticity of plastic cannot be matched by gold; so the skill set of the designer is put to a complete test,” says Ranka. Read more of this post

Filed under Alternative Assets, Precious Metals, Tidbits Tagged with 10 kgs of Gold, chain snatching, chit fund, chit fund business, custom-made personal effects, Datta Phuge, gold hoarder, gold mobile phone, gold pen, gold shirt, gold wristwatch, hoarding gold, moneylender, NCP corporator Seema Phuge, postaday, Ranka Jewellers, Swarovski, Tejpal Ranka, The gold man of Pimpri, Tolas

The Money Masters

July 27, 2011 2 Comments

I had trouble sleeping last night and so watched ‘The Money Masters’ on the internet.I found this documentary pretty biased.But that’s not to say that the narrator didn’t make some good points.