Why Rich People Don’t Keep Gold at Home! 😱



Did you know that gold can be used to access a bank credit facility without selling your gold?

A gold overdraft facility can allow you to use your gold as security and access a credit limit. The interest is generally charged on the amount you actually use, rather than the entire sanctioned limit, depending on the bank and facility terms.

For example, if your approved limit is ₹1 lakh but you use only ₹20,000, interest may be calculated on the amount utilized, subject to the bank’s terms.

⚠️ Disclaimer: This video is for educational purposes only. Gold overdraft/loan facilities, interest rates, insurance, eligibility, repayment terms and gold release conditions vary by bank. Always check the official terms and conditions before using such a facility.

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9 Comments

  1. Nita Ambani gold aapko puchakar rakhegi ….?
    Yar kya kya leke ateho ab sabhi bade logo ko gold chahi a ab mandir aur gharo me se gold nikal ne ki sazis ho rahi he agar apako a log kocha Rupee dete ho to Visio bana o

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