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        Direct Taxes

        Para 14 - Loan against Bonds

        Sovereign Gold Bond Scheme 2020-21 (From Series VII)

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        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.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                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.


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