Paul Merchants Finance Pvt Ltd (PMFPL), a diversified Non-Banking Financial Company (NBFC) and a part of the Paul Merchants Group, has launched a “Loan Against Silver” product, becoming the first NBFC in India to establish exclusive branches dedicated to silver loans.
The NBFC has initiated its silver loan operations from the Union Territory of Chandigarh.
Under this credit facility, eligible customers can secure loans ranging from ₹2,000 to ₹15 lakh.