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RBI to allow loans against silver jewelry from April 2026
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From April 1, 2026, borrowers will be able to take loans against silver jewellery under the Reserve Bank of India’s (RBI) new standardised lending guidelines, expanding credit access beyond traditional gold-backed loans.
The reforms aim to strengthen borrower protection, improve transparency, and enhance lender accountability across commercial banks, NBFCs, cooperative banks, and housing finance companies.
Under the new rules, individuals will be able to pledge silver jewellery, ornaments, or coins to meet short-term financial needs.
Loans against primary silver, such as bullion, will not be permitted to curb speculative activity.
The reforms aim to strengthen borrower protection, improve transparency, and enhance lender accountability across commercial banks, NBFCs, cooperative banks, and housing finance companies.
Under the new rules, individuals will be able to pledge silver jewellery, ornaments, or coins to meet short-term financial needs.
Loans against primary silver, such as bullion, will not be permitted to curb speculative activity.
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