Gold Loan Guide: How Much Can You Borrow for 10 Grams of Gold?

• Gold prices are rising, but existing gold can be leveraged for loans.
• Banks offer loans based on Loan-to-Value (LTV) ratio, regulated by RBI.
• LTV varies: up to 85% for loans under 2.5 lakh, 80% for 2.5-5 lakh, and 75% for larger amounts.
• Interest rates for gold loans are lower than personal loans, ranging from 8.5% to 12% at major banks.
• Repayment options include monthly EMI, interest-only payments, or bullet payment at year-end; failure to repay can lead to auction.