"Get Bigger Loans on Gold – RBI’s Game-Changing Move!"

Written By: Danish

RBI’s new gold loan rules allow lenders to offer higher loan amounts. Borrowers can now get up to 80% of gold’s value for loans under ₹5 lakh.

Change

For loans above ₹5 lakh, RBI permits 75% of gold’s value. This ensures better loan accessibility while maintaining financial security.

Eligibility

On 10 grams of 22K gold, loan amount depends on purity & market rate. Lenders offer up to 1% of gold’s value as Loan-to-Value (LTV).

Calculation

Choose between banks (lower interest) or NBFCs (faster approval). Compare rates before pledging gold for a loan.

Options

Gold loans are quicker & cheaper than personal loans. Ideal for urgent financial needs without high-interest burdens.

Benefits

Submit gold for purity check, get valuation, and receive funds. Minimal paperwork ensures faster disbursement.

Process

Before taking a gold loan, compare interest rates & repayment terms. Opt for the best deal based on your financial needs.

Decision

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