“We welcome RBI’s progressive move with the Gold Loan Bullet product. At SahiBandhu, our SahiDelight (bullet) product has seen good demand with the MSME segment for their working capital needs. This progressive step of increasing the limit for gold loans bullet products from Rs 2 lakh to Rs 4 lakh in respect of urban cooperative banks will prove to be beneficial for customers in not only easing financial strain but also enabling them to benefit from formal lending sources. SahiBandhu applauds this empowering initiative, fostering financial inclusivity and enhancing opportunities for all”, Anuj Arora, Co-Founder & COO SahiBandhu, a leading Gold Loan aggregator platform.
