~The company inaugurated 6 branches in Rajasthan at Jodhpur, Bikaner, Nokha, Sumerpur, Barmer and Phalodi~
New Delhi, NFAPost: IKF Finance, one of India’s most trusted, Non-Banking Finance Companies (NBFC), has launched six new branches in the State of Rajasthan on Wednesday.
These branches are located in the cities- Jodhpur, Bikaner, Nokia, Sumerpur, Barmer and Pahlodi, according to Mr K Raghuram, Business Head of the Hyderabad-headquartered, NBFC.
The IKF Finance, with over 30 years of operations has a network of 99 plus branches across the country. It has enlisted 4,600 plus active woman borrowers and won the trust from a total of 55,491 borrowers. The company has 690 employees to monitor and cater to the needs of the customers.
Explaining the significance of the expansion, IKF Finance Business Head Raghu Ram said IKF is delighted to expand its operations today with 6 more branches in Rajasthan.
“We already have presence in Jaipur the capital city. We plan to fulfill the increase in demand in underbanked/underserved segment and our mission to serve diverse financial needs. These branches will cater to the target audiences in the respective regions. We will provide our best services to our customers, who always trusted us and explore new schemes entering into the industry,” said IKF Finance Business Head Raghu Ram.
IKF Finance Business Head Raghu Ram along with other dignitaries from IKF Finance and guests were present at the launch event. IKF Finance has emerged as one of the most trusted NBFC’s during the past 3 decades of service in many parts of the country. It is always ready to adopt changes in the banking industry, innovate and make a mark with new schemes and services.
About IKF Finance:
IKF Finance is among India’s prominent Non-Banking Finance Companies (NBFCs), with over three decades of experience in the asset financing business. Incorporated in 1991 as Indrakeela Finance Private Limited, with the objective of financing the purchase of commercial vehicles, tractors, cars, and multi-utility vehicles, it was founded by VGK Prasad.
The IKF group has evolved into a multi-product retail financier across vehicle finance and affordable housing finance. It expanded its portfolio to construction and MSME sector loans. The product portfolio is customized to accommodate the needs of financially underserved self-employed customers.
The next generation leadership along with the professional management team have contributed to the leading growth journey of the company. IKF has adopted digital technology, automating towards building sustainable competitive advantage. It’s diversified network consists of 102 branches across 8 states.