Your gold loan, explained.

Gold loan · Kaveri Gold Bullet 12 · Kaveri Gold Finance Ltd · ••••3187

Illustrative

Gold loan · NBFC

Pledge card15 Apr

Owed now

₹2,62,369

at 18% a year

Gold value

₹2,85,000

30 g net · 22 ct

Loan-to-value

99.4%

limit 85% for this size

Due

15 Apr 2027

in 176 days

100% of the limit used₹40,950 above the limit

A gold loan of ₹2,40,000 from Kaveri Gold Finance Ltd at 18% a year, repaid in one go at the end, against gold valued at ₹2,85,000 (99.4% of its value). Repaying in full gets the gold back; if it isn't repaid, the lender can auction the gold after giving notice.

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