If you were given a top-up loan alongside a gold loan, then the amount you pay for part payment is first allocated towards the closure of that loan. The remaining amount is allocated towards the reduction of the gold loan principal amount. This reduces your overall interest burden, as in the future when you close your loan with indiagold you will not have to pay any accruing interest on your top-up loan. Please write to us at [email protected] or [email protected] to learn more.