Silver will soon join gold as an accepted collateral for loans under the RBI’s new standardized lending guidelines, which all regulated lenders must follow from April 1, 2026. In an attempt to regularize and standardize loans against bullions such as gold and silver, the Reserve Bank of India (RBI) has issued guidelines of lending practices in gold and silver loan for banks and non-banking financial companies (NBFCs).

The reforms, announced on June 6, aim to enhance borrower protection, transparency, and lender accountability across commercial banks, NBFCs, cooperative banks, and housing finance companies.

RBI allows lending against gold and silver jewellery, ornaments or coins to meet short-term needs. However, loans against primary gold or sliver like bullion are not allowed to prevent

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