Loan against bonds: Sovereign Gold Bonds may secure loans subject to lien marking, lender discretion and loan-to-value rules. Sovereign Gold Bonds may be used as collateral security for loans by marking a lien on the Bonds; the loan-to-value ratio applicable shall follow the ... Summary
Loan against bonds: Sovereign Gold Bonds may secure loans subject to lien marking, lender discretion and loan-to-value rules.
Sovereign Gold Bonds may be used as collateral security for loans by marking a lien on the Bonds; the loan-to-value ratio applicable shall follow the regulatory standard used for ordinary gold loans, and grant or terms of any loan remain subject to the decision of the lending bank or financing agency.
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