| Gold & Other Loans | Collateral-backed gold loans against household gold jewelry with competitive tenure options. | Extensive branch network, trusted brand in gold finance, strong appraisal and risk management. | Retail individuals seeking quick credit against gold; primarily B2C. | Gold loan products with low credit risk and high operational efficiency. | 730649 | 72 | Interest income from gold loans plus fees. | Loan-to-value ratios with interest computed on lending amount and tenure. | Steady demand for gold loans in rural and semi-urban markets and shorter tenure products. | Manappuram Gold Loans |
| Microfinance | Microloans primarily to low-income women, promoting financial inclusion. | Pan-India presence via subsidiary, CRISIL AA- credit rating enabling low borrowing costs. | Socially and economically underprivileged women and small entrepreneurs; B2C. | Microfinance loans to women borrowers with strong repayment discipline. | 273439 | 27 | Interest income on microfinance loans. | Small ticket size, short-tenure loans with structured repayments. | Rising financial inclusion initiatives and expansion into underserved areas. | Asirvad Microfinance |
