Looking for short term loan? Take gold loan; know benefits and how to get it
Gold Loan: In these times of coronavirus pandemic, your gold can serve you well. After the Reserve Bank of India’s (RBI) recent decision to increase the loan-to-value (LTV) ratio, you are entitled to a higher loan amount for the same value of gold. This relaxation has been extended for a limited period of time
RBI has increased the LTV on non-agricultural loans from an earlier limit of 75 per cent to 90 per cent now. This facility will be available till 31 March 2021. Source: Reuters