A Gold Loan, also known as a Loan against Gold refers to a lump sum of money borrowed by offering to pledge Gold. A secured loan by nature, the borrower needs to deposit gold articles, jewelry, coins, or any physical form of gold with the lender until the entire loan amount gets repaid. The amount the borrower sanctions depends on the value of the gold based on the Loan-to-Value (LTV) Ratio.

The Reserve Bank of India (RBI) recently relaxed norms for loans against gold by increasing the permitted LTV ratio from 75% to 90%. As per the RBI Gold Loan guidelines, banks and NBFCs can extend 90% of the value of the pledged gold as a Gold Loan. One can also avail of an Overdraft facility against Gold.

Creative Capital offers the best Gold Loans, at the lowest rates of interest. Creative Capital will connect you to a lending partner, and take you through the process comfortably. Choose from our catalog of Gold Loans offered by our distinguished Partner Banks and NBFCs. Creative Capital offers quick approval and speedy disbursal of your Gold Loan.