We do not give finance on gold bars, coins, bullions etc. We only give loans against household ornaments. Ornaments also have a 15% to 20% making charges which is an additional margin of cushion that we have. It means that the customers equity in this is not 100, it is actually 120, against which he takes just 65% or 70% or 75%.source https://economictimes.indiatimes.com/industry/banking/finance/muthoot-md-shines-a-light-on-how-gold-loan-business-works-with-covid-as-a-backdrop/articleshow/82143809.cms
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