Legal Question in Banking Law in India

can a gold loan be released by third person otherthen family member?


Asked on 8/05/15, 10:38 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

05.08.2015

Dear Sir / Madam,

No, a gold loan cannot be obtained by a third person who primarily does not own the gold.

Regards,

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Answered on 8/06/15, 3:56 am


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