RBI Silver Loan Rules 2026:

The Reserve Bank of India (RBI) has introduced new rules that will allow people to take loans against silver jewellery — just like gold loans. This move is set to come into effect from April 1, 2026, giving borrowers another way to meet their financial needs by using their silver assets as security.

RBI Silver Loan Rules 2026:

Under these new guidelines, banks, Non-Banking Financial Companies (NBFCs), housing finance firms, and cooperative banks will be able to provide loans by accepting silver jewellery as collateral. However, loans cannot be taken against gold or silver bullion (bars and bricks) to avoid market disruption.

The RBI has also clearly mentioned limits for pledging jewellery and coins:

Gold jewellery: Up to 1 kilogram

Silver jewellery: Up to 10 kilograms

Gold coins: Up to 50 grams

Silver coins: Up to 500 grams

These limits ensure that loans remain small and manageable while preventing large-scale misuse of the system.

The Loan-to-Value (LTV) ratio plays an important role in deciding how much money a borrower can get. For example, if you pledge silver jewellery worth ₹1 lakh, you can get up to ₹85,000 depending on the LTV. The RBI has fixed the maximum LTV ratio as follows:

Up to ₹2.5 lakh: 85% of the jewellery value

₹2.5 lakh to ₹5 lakh: 80%

Above ₹5 lakh: 75%

This means you can borrow up to 85% of your jewellery’s market value for smaller loans.

The new silver loan rule is expected to benefit millions of families in both rural and urban areas who own silver ornaments but lack access to formal credit. It will also reduce dependence on local moneylenders by making formal loans more accessible.

With this step, the RBI aims to promote financial inclusion and provide more borrowing options

to citizens.

Also Read:India’s GDP Growth Set to Surpass 6.8% in FY26, Says CEA Nageswaran

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