ICL Fincorp Ltd., established in 1999 and registered as an NBFC with RBI, is a South India–based financial services company led by Chairman and Managing Director Mr. K.G. Anilkumar, who expanded the business by acquiring Jawahar Finance Company and strengthening its presence in the non-banking finance sector. The company is primarily known for its gold loan business, where customers can pledge gold ornaments and receive around 65–70% of the gold’s value as a loan, with interest rates ranging from 9% to 28% depending on the scheme and tenure, while maintaining a safety margin to manage gold price fluctuations. Over time, ICL has grown to more than 140 branches across Kerala, Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh, and also operates group companies in chits, travel, healthcare, and textiles. Apart from gold loans, ICL offers business loans to small entrepreneurs ranging from ₹10,000 to ₹5 lakh, two-wheeler loans up to 75% of vehicle value on EMI basis, and health insurance ...