Founder - Burn Inves... • 9m
Good news for anyone taking gold loans and for gold loan companies too, The RBI has just increased the loan to value ratio from 75% to 85%. Simply put, if your gold is worth ₹1 lakh, you can now get a loan of up to ₹85,000 instead of the earlier ₹75,000. But there’s a small condition: to get the full 85%, your gold’s value must be under ₹2.5 lakh. If it’s more than that, the old 75% rule still applies. This move is mainly to help small borrowers.
Learning is a key to... • 6m
💰 Gold has delivered 13.3% CAGR since 2000 in India! 📈 From modest returns in 2000 (+1.4%) to massive surges like +30.7% in 2011 and +40.2% in 2025 YTD, gold has consistently proven itself as a long-term wealth preserver. Even with downturns (-19
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Head of Finance @ Th... • 2y
India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t
See MoreHey I am on Medial • 1y
we have diamond and jewelry business we see with time gold loan and banking system is good to make money we want to start nidhi company for gold loan or nbfc for business expansion anybody come and investment with us 100 % profitable business patel
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