Lending Unlocked: Gold Loans – November 2026

The first edition of Lending Unlocked report by TransUnion CIBIL examines the current state of India's Gold Loan Landscape, highlighting its evolution from a short-term liquidity product into a high-value relationship lending opportunity, with growth increasingly driven by larger ticket sizes and repeat borrower engagement rather than volume expansion alone. Key highlights from this report are:

• Gold Loan outstanding balances reached ₹22.5 lakh crore in August 2026, nearly 3x higher than August 2023, highlighting the scale and momentum of the market.
• Disbursement volumes in quarter ended June 2026 fell 15% YoY, but sanctioned value rose 12%, signaling a meaningful shift toward higher-ticket size lending.
• 1 in 2 studied gold loan borrower originated another gold loan within 12 months, underscoring strong borrower stickiness and relationship potential.