Loan-to-value ratio requirement applies to loans secured by sovereign gold bonds, subject to lender decision and lien marking. Loans may be obtained using Sovereign Gold Bonds as collateral where the lender marks an appropriate lien; such advances are subject to lender discretion ... Summary
Loan-to-value ratio requirement applies to loans secured by sovereign gold bonds, subject to lender decision and lien marking.
Loans may be obtained using Sovereign Gold Bonds as collateral where the lender marks an appropriate lien; such advances are subject to lender discretion and the Loan-to-Value ratio applicable to ordinary gold loans as mandated by the Reserve Bank of India.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.