New Delhi, April 8 -- India's gold loan market is expected to surge to Rs.15 trillion by March 2027, according to a recent ICRA report. However, with defaults rising, both borrowers and lenders are becoming increasingly cautious.

As gross non-performing assets (GNPAs) climb, it is more important than ever to manage gold loans wisely to safeguard your jewellery and maintain an overall healthy credit profile.

Rishabh Goel, co-founder and CEO of Credgenics, spoke exclusively with Mint. He said, "Know your loan terms thoroughly and understand how gold price fluctuations affect your repayment. Create a realistic repayment plan that fits your budget and prioritise timely payments."

He added, "Automate payments to avoid missing deadlines, pay...