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Can diamond jewelry be used to avail a gold loan?

By IndianMoney , 11 months ago

Most of the lenders, do not offer a loan on diamond jewelry, but some lenders offer a loan on 18 karat Gold and diamond ornaments. Here you will be getting loan amount on the basis of gold content, not on diamonds. Some private Jewelers provide loans against diamond Jewelry. But, the interest rate will be quite high.

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