scorecardresearchGold loans: What is LTV ratio and how does it affect your loan amount?

Gold loans: What is LTV ratio and how does it affect your loan amount?

Updated: 19 Jul 2022, 10:16 AM IST
TL;DR.
An easy option to borrow money without having to liquidate your long-term assets is through a gold loan. LTV ratio, in addition to other variables, has a big impact on how much money you can borrow against your gold. Let us go through it in detail.
In India, obtaining a gold loan is simple; anyone with additional gold jewellery may use it as collateral to obtain a loan.

In India, obtaining a gold loan is simple; anyone with additional gold jewellery may use it as collateral to obtain a loan.