Loan against silver: Not just gold, you can take loan against white metal; know what latest RBI rules say about it

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Taking loans against silver will soon be easier. The Reserve Bank of India has released new guidelines for lending against silver collateral. These rules will come into effect from April 1, 2026. Commercial banks, co-operative banks, and NBFCs will offer these loans. Borrowers can pledge silver ornaments and coins. Strict valuation and collateral management rules are in place.