11 Nov 2025 | 5 Mins Read
RBI introduces loan option against silver
Flipitmoney
The RBI has introduced guidelines for loans against silver, in addition to gold. Loans can be given by Commercial Banks, Urban and Rural Co-operative Banks, NBFCs, and Housing Finance Companies. The loans can be taken against gold jewellery or coins up to 1 kg or 50 grams, and silver jewellery or coins up to 10 kg or 500 grams, with a maximum LTV of 85% for loans up to Rs 2.5 lakh.