Shravan Shetty, Managing Director, Primus Partners, shares his view that a gold overdraft functions like a credit line, allowing borrowers to withdraw and repay within their sanctioned limit while paying interest only on the amount actually used. He highlights that gold overdrafts offer flexibility in both the amount drawn and the repayment schedule, which is why interest rates are generally higher than standard gold loans. Shetty further cautions that overuse or delayed repayments can lead to increased costs, and borrowers should monitor gold prices closely to stay aware of their available credit limit.