Glossary

LTV (Loan-to-Value Ratio)

The loan-to-value ratio is the loan amount as a percentage of the value of the asset that secures it. If a lender sets a ratio of 80% and the asset is valued at ₹10 lakh, the most it will lend is ₹8 lakh. The rest is the borrower's down payment. Limits vary by product and may be set by regulation, a