Finkurve Financial and Godrej Finance collaborate to provide gold loans

The two NBFCs plan to jointly offer gold loan products under the brand name Arvog following the Reserve Bank of India’s co-lending framework.

Godrej Finance will hold an 80 per cent participation in the project, while Finkurve Financial (Arvog) will retain a 20 per cent share, with risks and rewards shared in line with the framework. Credit assessment and sanctioning will be carried out under a mutually agreed credit framework.

The partnership, however, enables Arvog to scale its gold loan portfolio. It says it can now lead loan sourcing and origination through a branch-led operating model, including customer acquisition, onboarding, KYC processes, and gold valuation. Arvog will also be responsible for collections and ongoing customer engagement.