Can I receive a loan against jewellery of 18-karat gold?

Yes, you can receive a loan against 18-karat gold jewellery, but the loan amount per gram will be lower compared to higher purity gold. Lenders value the gold based on its purity, typically using the prevailing rate for 22-carat gold and adjusting downward for lower purities. The maximum LTV ratio of 75% applies to the assessed value of the gold content. Please note that the LTV can vary depending on the loan amount. Stones and non-gold elements are excluded from the valuation.