Loan against bonds: Sovereign Gold Bonds may serve as collateral, subject to lender decision and RBI LTV rules. Sovereign Gold Bonds may be pledged as collateral security by marking an appropriate lien; the applicable loan to value ratio will follow the ratio ... Summary
Loan against bonds: Sovereign Gold Bonds may serve as collateral, subject to lender decision and RBI LTV rules.
Sovereign Gold Bonds may be pledged as collateral security by marking an appropriate lien; the applicable loan to value ratio will follow the ratio mandated for ordinary gold loans under the relevant gold loan guidelines. Use as security is subject to the decision and terms of the lending bank or financing agency and is not an automatic right.
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