Can I use SGBs as collateral for loans?

Yes, SGBs can be used as collateral for loans from banks, financial institutions, and Non-Banking Financial Companies (NBFCs). The loan-to-value ratio is the same as that applicable to ordinary gold loans prescribed by the Reserve Bank of India (RBI) from time to time. 

Granting loans against SGBs is subject to the decision of the bank/institution.

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