Can I take gold loan twice?

Yes, you can take a gold loan more than once, provided you meet the lender’s eligibility criteria each time. If you have already availed a gold loan and repaid it in full, you may pledge gold again for a new loan. Additionally, if you have an existing gold loan, some lenders allow you to apply for a top-up loan or renew the loan by pledging additional gold or by paying the interest due and completing fresh documentation. The lender will assess your repayment history, the value of the gold and whether the current loan is classified as standard and within the permitted LTV ratio before approving a new or renewed loan. It is important to note that the total pledged gold with a single lender should not exceed the regulatory cap, which is currently set at 1 kg per borrower. Always check with the lender for their specific policies regarding multiple or renewed gold loans.