Gold loans are now India's second-largest retail credit product by balance share, a TransUnion CIBIL report said. Gold loans' share in India's retail credit portfolio has risen 3.8x from 5.9% in March 2022 to 11.1% by December 2025. Origination value has risen 5.1x since Q1 2022, while average ticket size rose from ₹90,000 to ₹1.96 lakh, as per the data.