ilmscore | Taking gold loan? RBI changed the rules!

Taking gold loan? RBI changed the rules!

Published: 2025-06-23
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
Gold loan lenders are mandated to return pledged gold within a maximum of seven working days from the date of loan closure.
"The lender will have to return your gold loan on the same day or within a maximum of seven working days from the date of closing."
Gold Loan Return Policy
Pending
Gold loan borrowers will receive ₹5,000 per day compensation if the lender delays returning the gold beyond the mandated period.
"If you delay, you will get ₹5000 per day compensation."
Gold Loan Compensation for Delay
Pending
Gold loan lenders are mandated to compensate borrowers for any loss in gold value if the pledged gold is damaged or its property changes.
"If the property changes or gets damaged, the lender will have to compensate for the loss in gold value."
Gold Loan Compensation for Damage
Pending