1. Company Information
Indel Money Limited is a Reserve Bank of India (RBI)-registered, non-deposit-taking Non-Banking Financial Company (NBFC) operating primarily in the gold loan sector. The Company provides loans against household gold jewellery and also offers Loan Against Property, business loans, personal loans and consumer durable loans. Its customer base largely comprises business owners, merchants, traders, farmers, salaried individuals and families, particularly in rural and semi-urban markets. Indel Money focuses on accessibility, quick turnaround times and flexible loan tenures. As of March 31, 2026, the Company operated through 374 branches across 12 states and four Union Territories, with plans to further expand its geographical presence.
Company Strengths
1. Strong Gold Loan Focus – Gold Loans are the Company’s core business, supported by a large and established customer base.
2. Wide Branch Network – The Company had 374 branches across 12 states and four Union Territories as of March 31, 2026.
3. Rural & Semi-Urban Presence – Strong focus on underserved rural and semi-urban markets, targeting customers with limited access to formal credit.
4. Diversified Loan Products – Alongside Gold Loans, the Company offers Loan Against Property, business loans, personal loans and consumer durable loans.
5. Strong Business Expansion – Gross AUM increased from ₹2,33,443.79 lakh in FY2025 to ₹4,10,390.34 lakh in FY2026, while the branch network also expanded.
2. Rating:
"IND A-/Stable”
3. MUFG INTIME INDIA PRIVATE LIMITED
https://in.mpms.mufg.com/initial_offer/public-issues.html
C-101, Embassy 247,
Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai, Maharashtra – 400083, India
+91 810 811 4949
indelmoney.ncd2026@in.mpms.mufg.com