Indians can now avail Loan against Gold ETF units in their hands.  It is another mode of getting easy money with regard to Gold.  Investors buy Gold ETF to stay connected with increasing price trend of Gold and to safe guard their riskier investment.  Some times investors need money at a short notice.  These are the time when they think about pledging their gold ETF units and raise some cash.

Since most of the investors who are into the Gold ETFs choose this mode, to get maximum returns, their decision of investing in Gold as Gold ETF is proving more profitable for them. One drawback of Gold ETFs are its liquidity when compared with Gold ornaments.  Now that drawback has been over come by facility of pledging the Gold ETF units and getting a loan.

For availing the facility of Pledging of Gold ETFs and get a loan, customer has to pledge the Gold ETF units in favor of respective banks from which they are taking the loan.

They have to produce Client master sheet data from the DP of the applicant, KYC documents.

Usually interest rate for loans against Gold ETF comes to around 12% to 20%. 

Merits of this loan facility is, customer's who need cash at a short notice, can avail this facility.  Gold ETF can be treated like a Gold ornaments.  You can get cash within days.