Free guide · Loans and debt
Your locker covers ₹3 lakh. Your gold is worth ₹25 lakh.
The full numbers from my locker video, how a Gold OD works, and how to set one up.
10 pages · Verified Oct 2026 · Free to share
The numbers at a glance
- Locker payout cap
- 100x rent
- OD limit, over ₹5L
- up to 75%
- Interest on
- Used amt
- Gold returned in
- 7 days
The 75% is of the gold metal's value, not the shop bill. For ₹25 lakh of jewellery, expect a limit of around ₹16 lakh.
The one thing to notice
A Gold OD is a loan. An unused limit costs no interest, but if you draw and leave dues unpaid, the lender can auction the gold after notice.
What's inside the PDF
- 1What a locker actually pays back. The 100x rent cap, by locker size.
- 2Why pledged gold is different. Bank liability, certificate and bailment law.
- 3How a Gold OD works. Pay interest only on what you draw.
- 475% of which value? The ₹25 lakh from the video, worked through.
- 5Locker vs Gold OD over three years. Every cost side by side.
- 6Opening one, and your rights. What to carry, what to check, RBI's 2025 rules.
More like this
New guides land on Instagram first.
A short video most days, and the PDF in the comments when enough people ask for it.
Follow @buildwithabinashHow I checked this
- Every total computed in code, not by hand
- Sources listed on the last page of the PDF
- Re-checked on Oct 2026
Disclaimer
Education only, not investment advice, and not a recommendation of any product. I am not a SEBI-registered investment adviser. A Gold OD is a loan, and rates, fees and locker rents differ by bank and branch. Read your sanction letter and locker agreement before acting.