Live Gold, Silver & KDM Rates for Accurate Loan Valuation
What is Gold, Silver & KDM Rate Management?
Metal rate management is the process of maintaining the rates used to value pledged jewellery when creating a pawn or gold loan.
Gold Rates
Maintain the gold rate used for applicable jewellery valuations.
Silver Rates
Maintain silver rates for loans secured against silver items.
KDM Rates
Maintain KDM-related rates used in your configured valuation process.
How does FinApp keep today's metal rates updated?
FinApp can fetch configured gold, silver and KDM rates online so your rate master can be kept up to date without relying entirely on manual entry.
- Gold rate management
- Silver rate management
- KDM rate management
- Online rate fetching
FinApp Rate Management
Metal rate update screen
FinApp interface for managing and fetching gold, silver and KDM rates.
How does FinApp manage metal rates in practice?
FinApp provides a central rate-management workflow where staff can review gold, silver and KDM rates, fetch configured rates online and apply the appropriate rate during the loan valuation process.
Gold Rates
Maintain the gold rate used for applicable loan valuations.
Silver Rates
Keep silver rates available for relevant loan calculations.
KDM Rates
Manage KDM rates used in your configured valuation process.
Online Rate Fetching
Fetch configured rates online and keep the rate master updated.
Product example
The screenshot shows the FinApp interface used to manage metal rates and fetch configured rates for the loan valuation workflow.
Why use the applicable rate at loan creation?
Quick answer; Jewellery valuation can depend on the metal rate used at the time the loan is created. Maintaining current rates helps staff work with the intended rate instead of relying on an older manually entered value.
Current Pricing
Work with the applicable rate available when the loan is created.
Consistent Valuation
Apply the configured rate during the loan valuation process.
Avoid Stale Rates
Reduce the risk of using an outdated manually maintained market rate.
Pawn Broking Software Across Tamil Nadu
Explore FinApp in major locations across Tamil Nadu.
All LocationsWho can use FinApp Rate Management?
The rate management feature is useful for businesses that value pledged jewellery or precious-metal items when creating pawn or gold loans.
Pawn Shops
Maintain rates used for daily pawn loan valuations.
Jewellery Businesses
Manage metal rates used during jewellery-backed loan processing.
Gold Loan Businesses
Keep gold rates available for loan valuation workflows.
Finance Enterprises
Centralise metal rate management within the loan process.
Explore Other FinApp Features
Discover more features to simplify your pawn broking operations.