Gold-loan NBFC assets seen crossing Rs 4 lakh crore by FY27: Crisil

Key Highlights

• This has enhanced collateral values, enabling lenders to scale up disbursements.
• Furthermore, amid the limited availability of credit from segments such as unsecured lending, borrowers are looking for other sources of funding.
• To capitalise on these lending opportunities, gold-loan NBFCs (both large and mid-size ones) have been expanding their market presence, despite stiff competition from Banks.
• On the regulatory front, streamlining of loan-to-value (LTV) norms for lower-ticket size gold loans, applicable from April 1, 2026, is expected to provide additional headroom to NBFCs for lending.
• In an earlier press release dated June 13, 2025, Crisil had highlighted the potential benefits of permitting higher LTV of 85 per cent and 80 per cent (vs 75 per cent earlier) for bullet repayment loans with ticket size of less than Rs 2.5 lakh (comprising 50 per cent of AUM) and Rs 2.5 – Rs 5 lakh (20 per cent of AUM) respectively.