Details of Business
We are a non-deposit taking non-banking financial company focused on serving the financial needs of underserved customers in India’s lending market. As on September 30, 2024, our operational network spans across 139 branches in rural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh and Chhattisgarh.Our product portfolio includes MSME loans, vehicle loans, construction loans and other lending products catering to the diverse financial needs of our customers. Our MSME lending fuels economic growth and promotes financial inclusion by supporting small businesses and entrepreneurs, with over 80% of our MSME loans qualifying as Priority Sector Lending under RBI guidelines.
Our extensive distribution network which comprises of our on-ground sales teams (supported by a tele-marketing team), direct sales associates and digital channels, enables us to provide last-mile coverage and financial support to underserved customers, bridging the financial inclusion gap in these regions.
We offer a diversified range of lending products to meet the distinct needs of our customers. Our business verticals comprise:
MSME Finance
We offer secured loans to MSME customers in the form of loans against property, to support their business operations, expansion and working capital needs.
Vehicle Finance
We provide secured loans to our customers for purchasing used commercial vehicles, used personal vehicles, used tractors, two-wheelers, electric two-wheelers and electric three-wheelers.
Construction Loans
We offer secured loans to retail customers for purchasing residential property or constructing, renovating or extending their homes.
Others
We provide small-ticket unsecured business and personal loans to MSME and retail customers for their working capital requirements and personal use, respectively.
We have leveraged technology across our operations and throughout the customer life cycle, including loan origination, underwriting, collections, post- disbursement monitoring and customer service.
