Gold loan write-off as business expense is governed by Section 36(1)(iii) of the Income Tax Act, 1961, which permits a deduction for eligible interest paid on capital borrowed for business or professional purposes. The deduction applies only to the interest component of the loan and not to the principal repayment, which represents repayment of borrowed capital rather than a business expense.

How gold coin weight affects loan amount is a common question for borrowers considering a loan against gold coins. A higher coin weight can increase the value of the pledged collateral, but weight alone does not decide the final loan amount. Lenders also assess purity, the reference gold price, and the applicable loan-to-value (LTV) ratio before sanctioning a gold loan.

A gold purity testing machine helps lenders assess pledged jewellery before calculating its eligible value for a gold loan. Since jewellery may contain a mix of gold and other metals, purity testing gives lenders a clearer estimate of the actual gold content without damaging the ornament.

Gold rate difference between states - why it varies is a common question among gold buyers and gold loan borrowers in India. While international bullion prices influence the base value of gold, the final retail rate seen across Indian states is not always the same. Local transport costs, regional demand, jewellers’ association rates, purity, making charges, and market conditions can all influence the price displayed in different cities.

India uses the metric system for the legal sale and purchase of gold, but regional weight units still shape everyday jewellery conversations. A jeweller in Uttar Pradesh may refer to tola, a family in Kerala may discuss wedding jewellery in pavan, and buyers in West Bengal may hear bhori or vori.

Silver has played an important role in India’s credit economy for centuries. Long before organised financial institutions became widely accessible, households, artisans, traders, and farming communities frequently pledged silver ornaments, utensils, and coins to obtain short-term funds from indigenous bankers, pawnbrokers, and local moneylenders. While lending against gold gradually became an established offering within the organised financial system, silver lending India largely remained part of informal credit markets for many decades before a harmonised regulatory framework for eligible silver collateral came into effect from April 2026.

A borrower can request an update to the nominee recorded against a gold loan during the loan tenure, subject to the lender’s policy and verification requirements. Whether the objective is to register a nominee for the first time or replace an existing one, the process generally involves submitting a nomination modification request along with supporting documents at the servicing branch. This guide explains how to change nominee in gold loan, the documents commonly required, nominee rights, expected processing timelines, online availability, and the difference between a nominee and a legal heir.

Gold loan interest rates are not fixed for every borrower. Those who prepare before approaching a lender may be better placed to discuss pricing, compare available options, and potentially reduce the overall cost of borrowing.

Gold loan interest rates in India can vary widely depending on the lender’s policy, the purity and value of the pledged gold, the loan-to-value ratio, repayment structure, tenure and borrower profile. Borrowers looking for how to reduce gold loan interest rate can usually improve their chances by borrowing only what is needed, pledging higher-purity gold, comparing lenders, selecting a suitable repayment option and reviewing transfer options where the overall saving justifies the cost.

The RBI collateral-free MSME loan limit doubled to ₹20 lakh, marking a significant update to the lending framework for India’s micro and small enterprises. Through its amendment issued on 9 February 2026, the Reserve Bank of India increased the mandatory collateral-free lending limit from ₹10 lakh to ₹20 lakh, with the revised provisions taking effect from 1 April 2026. The revised framework also continues to cover eligible Prime Minister’s Employment Generation Programme (PMEGP) beneficiaries and permits lenders to consider collateral-free lending of up to ₹25 lakh for well-performing micro and small enterprises, subject to their internal credit policies.