Aditya Birla Capital enters gold loans: What consumers should know
India, Aug. 21 -- The NBFC business of Aditya Birla Capital Limited,a financial services company, has announced its entry into the Gold Loan business, marking a strategic expansion of its secured lending portfolio.
The Gold Loan offering complements its existing retail and MSME lending franchise, providing customers with a transparent, flexible and collateral-backed credit solution.
The Company has planned a phase-wise rollout of 200-300 dedicated Gold Loan branches by March 2027 across high-potential markets. Over the next three years, the ABCL-NBFC business aims to establish a network of around 1,000 Gold Loan branches, building a strong pan-India franchise and further strengthening its presence across the country.
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