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Loan Against Diamond

November 22, 2023 161 people Latest news

As they say, diamonds last a lifetime! Globally, jewelry made of diamonds and platinum is significantly more popular than gold, the precious metal that is cherished by Indians in particular. However, a growing number of stylish individuals are starting to add diamonds to their jewelry collections even in India. Any gold jewelry that contains diamonds or other precious or semi-precious stones can be used as collateral for a loan. But only the amount of gold that is actually in the jewelry is used to determine the loan value. The jewelry's implanted precious or semi-precious stones are valued without consideration. Thus, in essence, you are not eligible for a loan secured by your jewels. With the gold loan provided by Sugandh Jewellers. you can obtain a loan secured by the gold that holds the diamonds together. A loan secured by the gold in the jewelry is what a diamond jewelry loan actually is.

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