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How to get loan against silver kept at home? If you know this rule of RBI then you will not face any problem.

Admin — Mon, 10 Nov 2025 08:51:11 +0000

The Reserve Bank of India has recently announced the implementation of a new rule, giving great relief to the general public. According to RBI, now you will be able to take loan not only against gold but also against the silver kept at home. This facility will start from 1 April 2026. The implementation of this facility means that if you ever suddenly need money, be it for children’s education, investment in business or medical emergency, then instead of selling your silver jewelery or coins, you will be able to easily take a loan by mortgaging them. In such a situation, let us tell you today what is this rule of RBI regarding loan against silver and how much loan will you be able to take against silver.

Who will give loan against silver?

According to the RBI circular, almost all the major banks and financial institutions of the country will now start providing silver loan facility. In this, commercial banks, small finance banks, regional rural banks, urban and rural co-operative banks will give loans against silver. Apart from this, non-banking financial companies and housing finance companies are also involved in this. Its advantage will be that now every person from village to city will be able to get loan service easily and the general public will now be able to take loan against silver instead of gold.

How much silver will have to be pledged and how much loan will be given?

RBI has clearly set the rules for loan against silver. According to RBI, customers can take a loan by pledging a maximum of 10 kg of silver jewelery and 500 grams of silver coins. The banks will evaluate these jewelery and coins and decide the loan amount according to their current market value. This entire process will be based on loan to value ratio, which means that the loan will be given to you according to the value of the silver you pledge. According to reports, if you pledge silver up to Rs 2.5 lakh, you can get about 85 percent of its value as loan. At the same time, if the price of silver is up to Rs 5 lakh, then you will get up to 75 percent of the amount as loan. However, this facility will not be available on all types of silver. Loan cannot be taken against investment schemes like Silver Bricks, Silver ETF or Mutual Funds.

Rules for repaying loan and returning silver

According to the instructions of RBI, when the customer repays the entire loan amount, the bank or financial institution will have to return the silver within seven working days. If the bank or institution delays, then a fine of Rs 5000 per day can be imposed on it, whereas if the customer is unable to repay the loan on time, the bank will have the right to recover its amount by selling the pledged silver.

Who will benefit the most?

It is believed that small businessmen, farmers and housewives will benefit the most from this decision of RBI. At the same time, people who have silver jewelery or coins but are facing shortage of money will now be able to easily get a loan without selling them. With this, people living in rural and urban areas will be able to get financial help in emergency.

Also read-Where your PAN card is being used, you can find out in a minute like this

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Bajaj Finance Board Meeting on April 29 will consider Issuing a Special Dividend Splitting Shares into Several Smaller Pieces and Issuing Bonus Shares

Admin — Thu, 24 Apr 2025 06:44:11 +0000

Bajaj finance: India’s big non-banking financial company (NBFC) Bajaj Finance is currently in the news for its next board meeting to be held on April 29, 2025. The company said on Wednesday that its board of directors would consider the issue of releasing a special dividend on April 29, 2025, dividing the stock into several small pieces and issuing bonus shares.

The company gave this information to the stock market

In a regulatory filing given to BSE on 23 April, the company said that the purpose of these proposals is to increase the value for shareholders. Necessary approval will have to be obtained for this. It further stated that the company will consider distributing or stocking stocks with face value of 2 rupees. The proposal to issue bonus share to the existing shareholders without any expenses will be considered and the payment of a lump sum dividend for FY 2025 will also be considered. These corporate action will be implemented as per the 2013 Companies Act and SEBI rules.

Bajaj Finance shares rise

After this announcement, the company’s shares rose up to 4 percent on Thursday and it reached the 52-week high level of Rs 9,709.75 on BSE. So far this year, 35 percent rose in the company’s shares and last year it has given a return of 28 percent. Stock split and bonus issue can increase liquidity, making shares more economical. This may potentially attract more investors. The special divideant reflects the company’s commitment to rewarding good financial health and shareholders.

What is stock split and bonus issue?

A stock in stock split is divided into several parts. This reduces the price of shares, it becomes easier for investors to buy and increase liquidity in the stock. In the bonus issue, new shares are issued to shareholders without any extra cost. This increases the number of shares, but the face value remains the same and the holding value of investors is also not affected.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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Increasing investors are confident, know how Indian companies raise 58 thousand crores from foreign market

Admin — Thu, 03 Apr 2025 03:32:08 +0000

Foreign investors constantly turning towards the Indian market & nbsp; Has happened This is the reason that in recent times, there was a huge jump in the stock market and the loss of investors could be compensated. This showed a strong demand for global investors in high -return securities and hedging costs.

According to Prime Database data, during FY 2024-25, domestic companies raised Rs 57 thousand 815 crore, which is 28.5% more than the financial year 2024. Indian companies raised 15 thousand 592 crore through this in Financial Eyer 2023.

According to the news of Business Standard, about this, Venkatakrishnan Srinivasan, founder and management partner of LLP of Rockfort Fincap, said that Indian issuer issues are returning to the offshore bond markets in the state of strategic, regulatory changes, diversification and global liquidity."Text-Align: justify;"> He further stated that renewable energy companies with AAA rating and public sector institutions are continuing the use of uptated bond markets to funding long periods, while on the other hand, the lack of domestic liquidity is facing a lack of domestic liquidity. It raised Rs 8643.68 crore, after which SBI, Shriram Finance was the place.

SBI had increased the risk load for bank loans to be given to NBFCs in November 2023, inspired to diversify the finance source beyond the traditional bank loan of the shadow. With this negotiable step, NBFCs were motivated to find ways of optional finance including domestic and foreign bond markets. & Nbsp;

The Reserve Bank of India increased the risk load for bank loans to be given to NBFC in November 2023. As a result, the shadow banks were motivated to diversify their finance sources beyond the traditional bank loan. NBFC had to find a way for funding in domestic markets including foreign bonds.

Also read: Now only 2 hours of journey between Mumbai-Dubai, the fastest superfast bullet train running in water!

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