Loan-to-Value (LTV) Cap: Maximum of 75% of gold's value. Gold Quality Checks: Standardized procedures for assessing purity and weight.
Loan Classification: Differentiation between consumption and income-generating loans. Repayment Terms: Bullet repayment loans capped at 12 months.
Exempt Small Borrowers: Those taking loans under ₹2 lakh. Delay Implementation: Postpone new rules until January 1, 2026.
Stay Informed: Keep an eye on the final RBI guidelines. Loan Amounts: Be aware of potential changes in LTV ratios. Documentation: Ensure proper records of gold ownership and purity