Kosamattam finance

What Kosamattam finance does

Kosamattam Finance Limited is an RBI-registered Non-Banking Financial Company headquartered in Kottayam, Kerala, India. Its origins trace to 1850 as a family financial-services business, with formal incorporation in 1987 under CIN U65929KL1987PLC004729 and RBI Registration No. B-16.00117. The company's core product is secured gold loans against jewellery and ornaments, structured at up to 75% loan-to-value per RBI norms, with interest rates starting from 7.11% per annum, flexible repayment (monthly interest, bullet, or overdraft since 2020), and a customer proposition anchored on rapid disbursement (often within 30–60 minutes) and minimal documentation. It serves primarily retail individuals holding gold assets, including those without access to formal banking credit, as well as small business owners, farmers and entrepreneurs using gold loans for working-capital needs.

The operating model is a direct branch-led distribution network of 1000+ branches across India spanning Kerala, Tamil Nadu, Karnataka, Maharashtra, Gujarat, Delhi, Uttar Pradesh, Andhra Pradesh, West Bengal and Goa, supported by 9,500+ employees. The Finko mobile application (Android and iOS) layers digital self-service for loan management, payments, status tracking and multi-language access on top of the branch layer, alongside a website gold-loan calculator and online demat-account opening integrated with CDSL. Supplementary fee-based services include IMPS money transfer, forex covering 15+ currencies, IATA-approved air ticketing, CDSL-linked depository services, insurance advisory, plantation and alternative-energy services. The company monetizes primarily through interest on gold loans and raises capital through recurring Non-Convertible Debenture (NCD) public issues listed on BSE, with 37 tranches since 2014 (the latest, NCD 37, closing May 25, 2026, yielding up to 10.47% p.a., IND A/Stable rated by India Ratings). Customer concentration is structurally diffuse across an individual retail base, with reported 10,000+ active customer relationships and 200,000+ completed services cited on the corporate site, and revenue from auxiliary services (forex, money transfer, insurance, ticketing) provides transactional-fee diversification.

Name

Kosamattam finance

Legal name

Kosamattam Finance Limited

Website

https://kosamattam.com

Company type

Private

Founded year

1850

Operating status

Operating

Headcount range

251–500 employees

Short description

Kosamattam Finance Limited is an RBI-registered Indian NBFC offering secured gold loans (up to 75% LTV, interest from 7.11% p.a.) through a 1000+ branch pan-India network serving retail individuals and small businesses needing short-term liquidity against pledged gold jewellery.

Ownership category

akta.pro rank

Headquarters

HQ city

Kottayam

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, Others

Revenue model

1. Gold Loans: Primary revenue stream from interest charged on gold loans secured against jewellery and ornaments. Loan amounts are determined by gold purity, weight, and market value, with interest rates starting from 7.11% p.a. The company offers up to 75% LTV per RBI norms. Interest can be paid monthly, quarterly, or as a bullet repayment at maturity.
2. NCD Issuances: Kosamattam Finance raises capital through periodic Non-Convertible Debenture (NCD) public issues, listed on BSE. These are debt instruments offered to retail and institutional investors with yields up to 10.47% per annum. The company has issued 37 NCD series since 2014.
3. Money Transfer Services: Domestic and international remittance services via IMPS, providing fast, low-cost money transfers. Revenue generated through transaction fees.
4. Forex Services: Foreign exchange services covering 15+ currencies for travellers and businesses.
5. Insurance Advisory Services: Insurance products are offered as an advisory service, connecting customers with insurance providers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Kosamattam Finance is an RBI-registered NBFC that primarily extends secured gold loans against customer-pledged jewellery, offering up to 75% loan-to-value per RBI norms with interest rates starting from 7.11% p.a. and fast disbursement (often within an hour) across 1,000+ branches in India. The company also provides complementary financial services including foreign exchange (15+ currencies), IMPS-based money transfer, insurance advisory, CDSL-linked depository services, air ticketing, and raises capital from retail and institutional investors through periodic NCD public issues listed on BSE.

Product overview

Kosamattam Finance is an RBI-regulated NBFC offering a diversified portfolio of financial services. The core product is Gold Loans (secured loans against gold jewellery with up to 75% LTV), available through branches and the Finko App digital channel. The company operates a platform-plus-services model combining: (1) Core lending products including traditional Gold Loans and Overdraft Gold Loans; (2) Digital services including Finko mobile app, Gold Loan Calculator, Online Demat Account, and Online Payment facilities; (3) Supplementary financial services including Forex (15+ currencies), Money Transfer (IMPS), Insurance advisory, Depository services (CDSL-linked), Air Ticketing (IATA-approved), Plantation, and Alternative Energy; (4) Investment products through NCD issues listed on BSE. The company also operates Kosamattam Ventures Private Limited as a subsidiary in the hospitality sector.

Differentiator

Problem solved

Functional benefit

Brands

• Finko: Mobile application for managing gold loans, allowing customers to check loan status, make payments, and apply for new loans.

Products and services

• Gold Loan Primary secured gold loan product allowing retail customers to pledge gold jewellery and ornaments as collateral and receive loans of up to 75% of the gold's market value (22-carat basis) per RBI norms. Interest rates start from 7.11% p.a., with flexible monthly, quarterly, or bullet repayment options. Minimal documentation is required (KYC only, no income proof) and disbursement is often within an hour, targeting individuals with gold assets needing short-term liquidity.
• Overdraft Gold Loans Overdraft facility against pledged gold, allowing customers to withdraw funds up to an approved limit and repay/re-borrow flexibly instead of taking a lump-sum bullet loan. Targeted at small business owners and individuals needing revolving working capital.
• Forex Services Foreign exchange service supporting 15+ different currencies for travellers and businesses needing currency exchange and international remittances. Available through the branch network.
• Money Transfer Service Domestic and international money transfer service via IMPS infrastructure, enabling customers to send funds with fast processing and minimal formalities. RBI-certified, with transfers typically completed within 10 minutes and no service charges noted.
• Insurance Services Insurance advisory service providing guidance to customers on insurance products relevant to their financial needs, connecting customers with insurance providers through the company's branch network.
• Depository Services Depository services for holding and managing securities, integrated with CDSL for demat account services. Customers receive alerts directly from CDSL on their registered mobile for all debit and important transactions.
• Air Ticketing Service Air ticketing service through IATA-approved agents, offering flight booking with quick processing and maximum security for customers.
• Plantation Services Plantation services located in Idukki District of Kerala, operated as part of Kosamattam Finance's diversified business portfolio.
• Alternative Energy Service Renewable energy solutions offered as part of Kosamattam Finance's diversified business portfolio.
• NCD (Non-Convertible Debentures) Non-Convertible Debenture investment instruments issued by Kosamattam Finance across multiple series (NCD 1 through NCD 37 and NCDPP series), with varying coupon rates and tenures, listed on BSE. Offers yields up to 10.47% per annum and is rated IND A/Stable by India Ratings. Open to retail and institutional investors as a fixed-income product.
• Online Demat Account Service Online demat account opening service integrated with CDSL that facilitates easy and secure investments in financial markets for customers.
• Online Payment Facility Online payment facility enabling customers to repay loans and other dues seamlessly through digital channels.
• Other Services Miscellaneous essential everyday services catering to various customer financial needs, offered through Kosamattam Finance's branch network.

Quantifiable outcome

• Up to 75% LTV on gold value, interest rates from 7.11% p.a.
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

One partnership is on record.

• Kosamattam Ventures Private LimitedminorOthersKosamattam Ventures Private Limited is a subsidiary of Kosamattam Finance. It was incorporated on December 2, 2011, and is classified as a Non-government company registered at ROC Ernakulam. Its authorized share capital is Rs. 560,000,000 with paid-up capital of Rs. 440,748,000. The company operates in the hospitality sector — Hotels; camping sites and other short-stay accommodation. Directors include Mathew Kosamattom Cherian, Laila Mathew, and Suresh Jayalakshmi. Contact: 1860-267-3000 / 7039-050-000, [email protected].

Scale indicators8 records

Recent moves9 records

Expansion highlights7 records

Broad incumbents

• Shriram City Union Finance: Established Indian NBFC with a gold loan portfolio alongside its core small business and two-wheeler lending businesses. Comparable NBFC structure, retail customer base, and pan-India branch operations, though gold loans are not the primary product.
• State Bank of India (SBI): India's largest commercial bank with a substantial gold loan portfolio distributed through its 20,000+ branch network. Sets the competitive floor for gold loan interest rates in India and competes with Kosamattam for the same retail pledgor segment.
• Bajaj Finance: India's largest and most diversified NBFC, serving retail and SME customers across lending, insurance, and wealth products. Comparable NBFC structure and multi-product cross-sell approach, though gold loans are a small fraction of the overall book.
• Cholamandalam Investment and Finance Company: Major Indian NBFC (part of Murugappa Group) with vehicle finance, home loans, and SME lending, including gold loans as a supplementary product. Comparable NBFC regulatory profile and diversified retail lending model.
• IIFL Samasta Finance (now Samasta Microfinance): Indian NBFC with retail lending and gold loan offerings, part of the larger IIFL Holdings ecosystem. Comparable as a mid-sized RBI-regulated NBFC operating multiple lending products including gold-backed loans to retail customers.

Direct peers

• Manappuram Finance: Major Indian gold loan NBFC with 4,000+ branches and a diversified microfinance and housing finance business. Closely comparable business model anchored in gold-backed retail lending with public debt (NCD) issuance program, serving the same customer segment as Kosamattam.
• Muthoot Finance: India's largest gold loan NBFC by assets and branches (5,000+ branches, ~25,000 employees). Most directly comparable to Kosamattam in core product (gold-backed loans to retail customers) and regulatory status (RBI-registered NBFC), but operates at materially larger scale.

Regional players

• Federal Bank: Kerala-headquartered Indian private sector bank offering gold loans and other retail financial services. Comparable as a Kerala-rooted, South India-focused lender with a gold loan portfolio and similar customer base to Kosamattam's traditional heartland.
• South Indian Bank: Kerala-based Indian private sector bank with a meaningful gold loan book alongside core banking services. Comparable as a Kerala-origin lender competing for the same retail customer base in gold-backed lending, though operating under a banking license rather than NBFC status.

Emerging players

• Spice Money / DMI Finance (gold loan NBFCs): Emerging digital-first gold loan and small-ticket credit providers in India targeting similar retail pledgor customers via fintech platforms. Comparable customer segment (gold-holding households seeking short-term liquidity) but differentiated by digital-only delivery model versus Kosamattam's branch-heavy approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/company/kosamattam-finance-pvt-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Kosamattam finance