New Delhi, April 14 -- India's gold loan portfolio grew 3.8 times since March 2022, officially becoming the country's second-largest retail credit product by balance share.

According to TransUnion CIBIL's Gold Loan Landscape Report, gold loan balances now account for 11.1 per cent of India's retail credit portfolio, a significant increase from the 5.9 per cent share recorded in March 2022.

This rapid expansion reflects a combination of rising borrower adoption, higher ticket sizes, and broader participation from various lending institutions.

The report noted that the average gold loan balance per account increased from Rs 1.1 lakh in March 2022 to Rs 1.9 lakh by December 2025. Market activity saw a sharp rise as origination values grew...