India Gold Loan Market By Industry Size, Share, Trends, Opportunity and Forecast 2025 - TechSci Research
India gold loan market is expected to grow at an impressive rate during the forecast period. The India gold loan market is driven by the increasing penetration of gold loan provider companies, NBFCs, fintech companies, banks, among others. These gold loan providers are extending their network in the country by opening new branches, especially in the northern and eastern regions. This in turn is expected to positively influence the market growth through 2025. Additionally, provision of gold loans through online and digital platforms is further expected to create lucrative opportunities for the market growth. Besides, gold loan is an easy way to raise quick and short-term capital for borrowers. For lenders also providing gold loan is quite beneficial since it has short return time, low processing time and cost, high return on investment due to high interest rates, among others. This in turn is expected to fuel the market growth over the next few years. Furthermore, the sudden outbreak a...