Capital Trust

What Capital Trust does

Capital Trust Limited is a Delhi-headquartered, RBI-registered Base Layer NBFC, incorporated in 1985 and listed on NSE and BSE, that provides secured gold loans and collateral-free business loans to underserved segments of Indian retail and micro-business borrowers. The company operates a branch-led, digitally enabled platform with 300+ branches spanning semi-urban and rural India, offering doorstep loan assessment and disbursal to shopkeepers, traders, micro entrepreneurs, and families seeking quick liquidity for working capital, income generation, and home improvement. Its core products are a Business Loan product (₹50,000 to ₹2 lakh, 12–36 month tenor, monthly EMI) and a Gold Loan product launched in October 2025 against gold collateral, both delivered through a paperless digital application flow with minimal documentation.

The business model is interest income on a small-ticket, short-tenor secured and semi-secured loan book, monetized through transaction-based pricing (interest plus fees) on each disbursed loan. Customers are acquired primarily through the branch network and word-of-mouth in rural communities, with a self-serve digital channel for application and EMI servicing. The company reports serving more than 10 lakh total clients historically and 1 lakh+ active customers, with stated intent to address the credit gap for India's 48 million MSMEs.

In 2024 the franchise was realigned away from its prior microfinance book (historically delivered through 250+ branches across 11 states) toward shopkeepers and small businesses with documented income, prioritizing credit-underwriteable borrowers. The October 2025 Gold Loan launch, combined with a concurrent Rights Issue, marks the company's strategic pivot to a secured-lending-led, digitally enabled rural doorstep fintech model. Capital Trust has no disclosed parent company, no identified PE/VC sponsorship, and operates as a publicly listed entity with dispersed retail and institutional shareholders.

Name

Capital Trust

Legal name

Capital Trust Limited

Website

https://capitaltrust.in

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Capital Trust Limited is a Delhi-headquartered, RBI-registered NBFC operating 300+ branches across semi-urban and rural India, providing gold loans and small-ticket business loans to shopkeepers, traders, micro entrepreneurs, and families. Founded in 1985 and listed on NSE and BSE, it serves 1 lakh+ active customers through a digitally enabled doorstep service model.

Ownership category

akta.pro rank

Product category

Non-Banking Financial Services (MSME Lending and Gold Loans)

SIC

Short-Term Business Credit Institutions (6153), Personal Credit Institutions (6141)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industry

SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF)

Keywords

• Gold loan finance
• MSME lending
• Business loans
• Microfinance NBFC
• Doorstep lending

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Gold Loan Interest: Interest income from secured gold loans with short tenor, provided to shopkeepers, traders, and families for quick liquidity needs including income generation, working capital, and home improvement.
2. Business Loan Interest: Interest and fee income from collateral-free business loans ranging from ₹50,000 to ₹2 lakh with flexible tenure of 12 to 36 months for small businesses, traders, and entrepreneurs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Capital Trust is an RBI-registered NBFC that provides collateral-free Business Loans (₹50,000 to ₹2 lakh over 12–36 months) and secured Gold Loans against gold collateral to MSMEs, shopkeepers, traders, micro entrepreneurs, and families across India. Loans are disbursed through a 300+ branch network combined with a digitally enabled paperless application process and doorstep service in semi-urban and rural regions.

Product overview

Capital Trust operates as a dual-product NBFC offering Business Loans and Gold Loans through a digitally enabled platform with 300+ branches and doorstep service. The Business Loan product provides collateral-free financing (₹50,000–₹2 lakh, 12–36 months tenor) for MSMEs, traders, and small business owners. The Gold Loan product, launched in October 2025, is a digitally enabled gold finance offering that provides quick liquidity against gold collateral. Both products are supported by a paperless application process, fast disbursal, and a wide branch network serving semi-urban and rural India.

Differentiator

Problem solved

Functional benefit

Brands

• Capital Trust Gold Loan: A digitally enabled, branch-led gold finance offering designed to provide quick liquidity and foster long-term customer relationships.

Products and services

• Business Loan Collateral-free business loans ranging from ₹50,000 to ₹2 lakh with flexible tenure of 12 to 36 months and monthly EMI repayment, designed for small businesses, traders, and entrepreneurs for working capital, inventory purchase, shop renovation, and other business needs. Processed through a simple transparent assessment, minimal documentation, and doorstep service.
• Gold Loan Digitally enabled, branch-led gold finance offering that provides quick liquidity to shopkeepers, traders, micro entrepreneurs, and families against gold collateral, with doorstep service available through 300+ branches across India, a 100% paperless digital application process, fast disbursal, and secure gold custody under RBI-compliant processes.

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Muthoot Finance: India's largest gold loan NBFC with thousands of branches nationwide. Directly comparable to Capital Trust's newly launched gold loan business, both targeting secured short-tenor gold-backed lending to similar mass-market customers.
• Manappuram Finance: Major gold loan and MSME lender in India with a large branch-led distribution model in semi-urban and rural markets. Directly competes with Capital Trust in secured gold lending and small business credit.
• IIFL Samman Finance: NBFC focused on lending to micro and small businesses, including shopkeepers and micro entrepreneurs. Comparable to Capital Trust's collateral-free business loan product targeting underserved MSMEs.
• Five Star Business Finance: Listed NBFC providing small-ticket secured and unsecured loans to small businesses and self-employed customers across India. Closely comparable to Capital Trust's MSME focus and small-ticket loan approach.
• MAS Financial Services: Listed NBFC offering SME and micro-enterprise loans through a branch-led model serving underserved business segments in India. Comparable to Capital Trust on customer profile, ticket size, and branch-based delivery.

Emerging players

• Spandana Sphoorty Financial: Microfinance institution with a growing secured and MSME book serving rural and semi-urban India. Comparable to Capital Trust on customer geography and small-ticket lending, though primarily microfinance-rooted.

Broad incumbents

• Cholamandalam Investment and Finance: Large diversified NBFC with vehicle finance, SME, and home equity businesses across India. Comparable as a broad incumbent operating in similar lending verticals, but at significantly larger scale than Capital Trust.
• Bajaj Finance: India's largest retail-focused NBFC offering consumer durable, business, and gold loans with deep digital distribution. Comparable as an incumbent operating in similar loan categories at vastly larger scale and with stronger digital capabilities.
• SBI (State Bank of India): India's largest public-sector bank with extensive rural and semi-urban branch reach and MSME lending programs. Comparable as a broad incumbent competing for the same MSME and rural customer base that Capital Trust targets.
• Bandhan Bank: Universal bank with origins in microfinance and a strong presence in semi-urban and rural India serving small entrepreneurs and micro businesses. Comparable as an established lender targeting similar MSME and rural segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Trust