- Up to ₹2.5 lakh: 85% LTV
- ₹2.5 lakh to ₹5 lakh: 80% LTV
- Above ₹5 lakh: 75% LTV
From April 1, 2026:
- Repayment of the gold loans should take place in 12 months.
- The lenders are required to provide pledged gold before the day or within a period of 7 working days upon loan closure with a penalty of 5000 rupees per day.
Month: Current Affairs - October 06, 2025
Category: BANKING, FINANCE AND BUSINESS