Lending Business Correspondent
Powering gold loan growth through trusted partnerships
Powering gold loan growth through trusted partnerships. We help credit co-operative societies across Maharashtra build, run and grow their gold loan business.
By the numbers
Building a stronger gold loan ecosystem
Disbursement figures reflect loans facilitated through our network in partnership with lending institutions. The ₹100 Cr+ figure is a two-year objective, not a result achieved to date.
₹0 Cr+
Gold loans disbursed through our network in the last 12 months
0+ yrs
Leadership experience in the gold loan business
0+ yrs
Leadership experience across financial services
₹0 Cr+
Two-year disbursement target across lending partnerships
What brings you here?
Two doors, one gold loan ecosystem
We work with lending institutions on one side and customers on the other. Pick the path that fits you.
Our services
Four ways we support your lending business
From finding gold loan customers to training your branch teams — delivered in the field, under your policies.
For credit co-operative societies
Grow your portfolio with a dedicated business partner
Credit co-operative societies have strong local relationships and customer trust. We bring the field sourcing, customer acquisition and operational support required to convert that trust into a scalable gold loan business.
Experienced Leadership
Deep experience across financial services, sales, branch operations and the gold loan business.
Local Market Understanding
A working understanding of Maharashtra's semi-urban, rural and urban customer segments.
Field Execution
A dedicated focus on customer sourcing and day-to-day operational support, not just lead handover.
Customer-Centric Approach
Transparent communication and responsible customer engagement at every step.
Scalable Model
Designed to support multiple lending partners and geographic expansion together.
Growth Focus
Built around a clear plan to scale gold loan disbursements across Maharashtra.
Balance transfer
Paying high interest on an existing gold loan?
Many customers keep paying a higher rate simply because switching feels complicated. We identify customers who may benefit from moving their gold loan to a lending partner offering more suitable terms, and handle the coordination end to end.
- Existing loan details collected and assessed
- KYC and documentation coordinated for you
- Closure of the old loan and takeover managed together
For customers
Need a gold loan? We help you find the right option.
Your gold can meet an important financial need without being sold. We help customers connect with appropriate lending partners and stay with them through the process.
- Business working capital
- Agriculture
- Education
- Medical expenses
- Family requirements
- Emergency needs
How our model works
Partner. Source. Verify. Process. Disburse. Service.
One operating rhythm, agreed with the lending partner up front and followed in the field every day.
- 01
Partner Onboarding
We understand the lending partner's product, credit policy and operating requirements.
- 02
Customer Sourcing
Our field teams identify and engage potential gold loan customers.
- 03
KYC & Documentation
Customer documents and the required information are collected and verified for completeness.
- 04
Gold Loan Process
Valuation and loan processing are coordinated according to the lending partner's policies.
- 05
Disbursement
Eligible loans are sanctioned and disbursed by the lending institution.
- 06
Customer Servicing
Renewal, interest collection and eligible balance transfer opportunities are supported.
Our leadership
Experience that understands the gold loan business
Two partners with complementary strengths across business development, operations, sales, marketing and gold loan ecosystem management.
Partner
Mr. Shivshankar Mothe
Mr. Shivshankar Mothe brings more than two decades of experience in the financial services sector, with extensive exposure to sales, business development, operations and lending.
Partner
Mr. Satish A
Mr. Satish A brings extensive experience in financial services and gold loan business operations, with a strong focus on customer sourcing, field execution, business development and operational processes.
Our presence
Local understanding. Maharashtra vision.
Our operations are rooted in Marathwada, with a registered office in Pune and a planned expansion path across the state alongside new lending partners.
Our network
2
Operating now
4
Expansion regions
1
State, district by district
Our journey
A business built step by step
2025-26
Operations established
MG Gold Finance Solutions LLP is set up and the gold loan business ecosystem is built out in Marathwada.
Last 12 months
₹25 Cr+ disbursed
Gold loans disbursed through our network in partnership with lending institutions.
2026-27
Maharashtra expansion
Extending operations into additional Maharashtra markets alongside new lending partners.
Next two years
₹100 Cr+ target
A cumulative gold loan disbursement target, supported by multiple lending partnerships. This is a stated objective, not a result achieved to date.
Questions
The things people ask us first
A fuller list, including balance transfer and documentation questions, is on the FAQ page.
Let's build the next gold loan growth story together
Whether you are a credit co-operative society looking to grow a gold loan portfolio, or a customer exploring a gold loan or a balance transfer, our team is ready to help.
Or call +91 93072 34477