Now you can get 85% of gold value as loan
RBI’s new gold loan rules: The central bank will raise the Loan-to-Value (LTV) ratio to 85% from the existing 75% for gold loans of up to ₹2.5 lakh per borrower, including interest.
Source
RBI’s new gold loan rules: The central bank will raise the Loan-to-Value (LTV) ratio to 85% from the existing 75% for gold loans of up to ₹2.5 lakh per borrower, including interest.
Source