Indusind Bank Expands Gold Loan Services To 500 Branches Across India

IndusInd Bank Limited has expanded its gold loan services to 500 branches across India. The bank has added 245 more branches to its existing network, making gold loans more easily available to customers nationwide.

This move aims to improve access to secured credit in both urban and rural areas.

Strong Demand for Gold Loans

Gold loans are seeing strong demand from households, small traders and agriculture-related customers. Many people prefer gold loans because they offer quick access to funds by pledging gold as security.

With this expansion, customers can now get instant loan disbursal of up to ₹1 crore. The bank is offering:

• Minimal documentation
• Competitive interest rates
• Flexible repayment tenure
• Fast processing

Better Customer Experience

To improve service quality, selected branches will have dedicated Gold Loan Desks to provide personalised support. The pledged gold will remain safely in the bank’s custody, ensuring high security standards.

Management’s View

According to Soumitra Sen, Head – Consumer Banking & Marketing at IndusInd Bank, gold loans have become a reliable financial solution for many customers. Expanding to 500 branches will help households, small businesses and rural communities access timely credit.

The bank also plans to further expand gold loan services across its full branch network over the next year.

Also Read: Best PSU Stocks in India in February 2026!

About IndusInd Bank

IndusInd Bank has been operating for over three decades and offers a wide range of banking services. These include personal loans, microfinance, credit and debit cards, SME loans, vehicle finance, NRI banking and digital banking services.

IndusInd Bank Share Price Movement

IndusInd Bank share price (NSE: INDUSINDBK) was trading at ₹932.20 on the NSE at 12:39 pm IST on February 20, up ₹4.85 or 0.52% for the day. The stock opened at ₹934.00 and touched an intraday high of ₹947.90 and a low of ₹928.65. The bank has a market capitalisation of ₹72.21 thousand crore. The dividend details and quarterly dividend amount are not specified.

Conclusion

By expanding its gold loan network to 500 branches, IndusInd Bank is strengthening its retail lending portfolio and improving access to fast and secure credit. The move is expected to support financial inclusion and meet growing demand for gold-backed loans across India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.