Kosamattam Finance Limited

Kosamattam Finance Limited (KFL) is a non-deposit taking non-banking financial company (NBFC) registered with the Reserve Bank of India and is part of the Kosamattam Group. The company is primarily engaged in gold loan financing, which constitutes the majority of its loan portfolio, and also offers loans against property, microfinance loans, loans against debentures, demand loans, and foreign exchange and remittance services through its extensive branch network. KFL is promoted by the Kosamattam Group, which was founded by Mr. Chacko Varkey in 1927 and entered the gold loan business under Mr. Mathew Cherian in 1980. The company was established in its current form after the group acquired Standard Shares and Loans Pvt. Ltd. in 2004 and renamed it Kosamattam Finance Private Limited. KFL benefits from the promoters' long-standing experience in the financial services and gold loan business, an established franchise, and a wide branch network across multiple states. Its strong presence in the gold loan segment and diversified financial services offering support its competitive position.