GOLD Loan to purchase Stocks

gk (service) (156 Points)

26 May 2023  

Dear Experts,


Regarding the subject matter, whether any legal (or such) restriction exists restricting us to buy shares/stocks from primary or secondary markets using the amount received from gold loan provided by banks/NBFC or ay other financial companies. Whether we need to make any other protocols/formalities on IT point of view to proceed with such stocks investents. Plesse advise. 🙏🏻 Regards GK