Capri Global Capital Ltd., a prominent non-banking financial company (NBFC) in India, has announced a significant achievement in its Gold Loan business, expanding its branch network to over 1,000 locations across the country. This expansion underscores the company’s commitment to providing accessible and timely credit solutions in urban, semi-urban, and rural markets.
The company has established a robust and diversified presence across 16 states and union territories, with a notable concentration in key markets such as Rajasthan (168 branches), Uttar Pradesh (136), Gujarat (134), Madhya Pradesh (117), and Haryana (108). Additionally, its network extends to Maharashtra (97), New Delhi (73), Telangana (46), Odisha (33), Andhra Pradesh (26), Uttarakhand (25), Bihar (12), Punjab (10), Karnataka (9), Goa (5), and Dadra & Nagar Haveli (1), ensuring a comprehensive geographical reach.
This extensive footprint allows customers to access quick, secure, and transparent gold-backed financing closer to their homes, reinforcing Capri Loans’ role in addressing immediate liquidity needs.
Commenting on the milestone, Rajesh Sharma, Managing Director of Capri Global Capital Ltd., stated: “Reaching 1,000 Gold Loan branches marks a defining milestone in our journey to build a truly accessible lending franchise. Building on our strong presence across North and West India, we have now made significant inroads into the South, meaningfully expanding our national footprint. Gold Loans remain a vital source of financial support for households and small businesses, providing quick liquidity in moments of need. As we grow, our commitment stays firm – to expand responsibly while delivering trust, transparency, and convenience to every customer we serve.”
The Gold Loan segment, since its inception in 2022, continues to be a key growth driver for Capri Loans with an AUM of over ₹16,960 crore, supporting its broader vision of financial inclusion and inclusive growth. By expanding its branch-led distribution, the company aims to further bridge the credit gap and strengthen access to financial services.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Aditya Bhagchandani and reviewed by Aditya Bhagchandani before publication.