ICL Fincorp Ltd., established in 1999, is one of South India’s fastest-growing Non-Banking Financial Companies (NBFCs), specializing in gold loans, SME finance, vehicle loans, and diversified financial services. Registered with the Reserve Bank of India, the company has evolved from a small financial services enterprise into a prominent gold-loan-focused NBFC with a rapidly expanding footprint across five southern states.
Backed by the strategic leadership of Chairman & MD Mr. K.G. Anilkumar, ICL Fincorp has scaled its operations through organic growth and acquisitions—most notably the purchase of Chennai-based Jawahar Finance, which marked its entry into the NBFC domain. Today, the company operates 200+ branches, serving customers across Kerala, Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh, with a vision to expand its network to 1,000 branches nationwide.
🏆 What Makes ICL Fincorp Stand Out?
ICL Fincorp is recognized for its strong presence in the gold loan segment, which accounts for over 90% of its total lending portfolio. The company offers tailored loan schemes with tenure-linked interest rates, attractive repayment options, and strong risk management practices that safeguard asset quality—even during volatile economic periods.
Beyond gold loans, ICL also offers:
Its diversified service offerings and customer-centric business model enable ICL to cater to both urban and semi-urban borrowers.
📈 Financial Growth & Loan Book Performance
ICL Fincorp has demonstrated strong and resilient financial performance:
FY19–20
FY20–21
FY21–22
ICL’s gold loan-led model ensures consistently low NPAs due to high collateral security and rising gold prices, making the company’s financial profile stable and low-risk.
🛡 Risk-Optimized Gold Loan Model
ICL follows a conservative, safety-first approach in gold lending:
This scientifically structured model makes gold loans the most secure category in retail lending.
🌐 ICL Group Ecosystem
ICL Fincorp is part of the ICL Group, which includes:
This diversified ecosystem strengthens brand trust and cross-selling capabilities across financial and lifestyle services.
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