# Local Shops Are India’s New Gold Banks

URL: https://technosports.co.in/local-shops-are-indias-new-gold-banks/  
Published: 2026-06-17  
Updated: 2026-06-17  
Author: Reetam Bodhak

PayNearby is revolutionizing rural finance! By turning local shops into gold loan hubs, they’ve disbursed a massive ₹550 crore in FY26. With ₹100 crore flowing monthly, this plug-and-play model brings lightning-fast credit to the last mile. It’s empowering women and boosting entrepreneurs by unlocking asset-backed capital without the traditional bank friction. The future of Bharat’s lending is happening at your corner store.