Gold can be pledged, and can avail loans from Banks. It’s an old case.
Now, as per the Reserve Bank of India (RBI) new guidelines, borrowers can avail a loan against Silver as well.
For this RBI has released a circular with the title of “Reserve Bank of India (Lending against Gold and Silver Collateral) Directions, 2025” which will come in to force w.e.f. Apr 1,2026.
With that circular, it has been clarified that Borrowers can pledge their silver ornaments and can get loan upto a maximum of 10 Kilograms of silver.
Source Link: https://rbi.org.in/Scripts/NotificationUser.aspx?Id=12859&Mode=0
