Top NBFCs providing gold loans in India, such as Muthoot Finance, Manappuram Finance, Poonawalla Fincorp, IIFL Finance, and Bajaj Finserv, offer quick, secured loans against gold jewellery with minimal documentation and high loan-to-value ratios. These lenders also provide flexible repayment tenures, making gold loans a convenient financing option.
Top 5 NBFCs providing Gold Loan in India
The top 5 NBFCs offering gold loans in India are:
- Manappuram Finance
- Poonawalla Fincorp
- Muthoot Finance
- IIFL Finance
- Bajaj Finserv
Let’s take a look at these best gold loan NBFCs mentioned above and understand why they stand out.
Manappuram Finance
Designed for quick and convenient access to funds against gold jewellery, Manappuram Finance offers a comprehensive gold loan solution with easy online application and instant disbursement. Customers benefit from transparent terms and clearly defined charges, ensuring a smooth borrowing experience.
With features like zero extra charges, competitive per gram valuation, and loan tenures typically up to one year, its jewellery loan services are structured to provide flexibility, clarity, and ease of access for borrowers.
Poonawalla Fincorp
Known as one of the best gold loan providers in India, Poonawalla Fincorp offers instant gold loans designed for quick, secure, and hassle-free access to funds against gold jewellery. With minimal documentation, fast approvals, and competitive interest rates, borrowers can meet urgent needs such as medical expenses, education, business growth, or personal requirements without selling their assets.
Customers benefit from features like zero hidden charges, a well-distributed network, and complete safety of pledged gold. Eligibility is straightforward, typically covering Indian residents aged 21 to 65 with gold purity between 18 to 22 karats, supported by basic KYC documentation, making the process simple and accessible.
Muthoot Finance
Offering gold loans as a simple and reliable way to access funds, Muthoot Finance allows customers to unlock the value of their gold jewellery without relying on traditional banking channels. With quick disbursals, competitive interest rates, and a strong customer-focused approach, it remains one of the most trusted players in the segment.
The company provides loans starting from as low as ₹5,000 up to ₹5 crore, catering to a wide range of financial needs. It also enhances convenience by enabling customers to complete the process from home, including gold valuation and instant fund transfer to their bank account.
IIFL Finance
IIFL Finance offers gold loans as a quick and hassle-free way to access funds by pledging gold jewellery, without the need to sell valuable assets. It serves as a reliable option for meeting urgent financial needs such as personal expenses, medical emergencies, education, or business requirements.
Loan amounts are linked to prevailing gold prices, with interest rates starting from 11.88% p.a., ensuring competitive pricing. The process is designed for a seamless customer experience, with minimal documentation and fast disbursal.
Bajaj Finserv
A quick and dependable option for urgent financial needs, Bajaj Finserv’s gold loan helps customers access funds for personal use, medical expenses, or education. Borrowers can apply online or visit any of its 1300+ branches, ensuring easy access across locations.
The process is designed for speed and convenience, with instant disbursal to bank accounts, minimal branch visits, and competitive interest rates, making it a practical choice for accessing funds against gold jewellery.
How to calculate Gold Loan EMI?
Calculating your Gold Loan EMI is simple with the help of online EMI calculators offered by most top NBFCs in India. By entering details such as interest rate, loan tenure, gold value, and purity, you can instantly get an estimate of your monthly instalments.
These calculators help you plan repayments better, manage your budget, and make informed borrowing decisions before pledging your gold.
To Conclude
Gold loans remain a quick and reliable way to access funds without selling your assets. Leading NBFCs like Muthoot Finance, Manappuram Finance, Poonawalla Fincorp, IIFL Finance, and Bajaj Finserv offer competitive options in this space.
The best gold loan company in India depends on your specific needs, so comparing features, rates, and flexibility is key before making a decision.
Frequently Asked Questions
Which NBFC is best for gold loans in India in 2026?
There isn’t a one-size-fits-all answer. Muthoot Finance and Manappuram Finance dominate in reach and volume, while Poonawalla Fincorp is gaining attention for its quick, hassle-free process.
Which NBFC is best for loans?
For overall lending, Bajaj Finance stands out due to its scale and product diversity. Poonawalla Fincorp is expanding steadily with a tech-driven approach.
Which is the largest gold loan NBFC in India in 2026?
In terms of size and portfolio, Muthoot Finance leads the market, followed closely by Manappuram Finance. Poonawalla Fincorp continues to grow its presence in this segment.
