+91-8068441138,258

Namra Finance Limited

https://www.indiamart.com/namra-finance-limited/

In February 2013, Namra Finance Ltd. became the first company in

India to receive the long awaited "NBFC-MFI" (Non-Banking Finance
Company - Microfinance Institution) License.
About Us
In February 2013, Namra Finance Ltd. became the first company in India to receive the long awaited
"NBFC-MFI" (Non-Banking Finance Company - Microfinance Institution) License. This special category
of NBFC was created by the RBI based on the Malegam Committee recommendations to serve the
underserviced and the poor segment of India by providing Microfinance, or small income-generating
loans at reasonable interest rate, collateral-free. Namra Finance is a wholly owned subsidiary of
Arman Financial Services Ltd, and was formed for the sole purpose of demerging Arman's
Microfinance operations into a separate entity for numerous regulatory and administrative purposes.
The combined entity under Arman has a long standing positive track record and is a solid company
with an attractive business mix of secured and unsecured lending products. On one hand it offers a
very high rural and social support and on the other hand it delivers high commercial returns. Unlike
many other MFIs and NBFC, we focus on controlled growth rather than irrational exponential growth.
We are extremely conservative with our lending and follow very strict underwriting guidelines. Namra
is a member of Microfinance Institutions Network (MFIN) and a member of Pradhan Mantri Mudra
Loan Yojana.

For more information, please visit

https://www.indiamart.com/namra-finance-limited/profile.html
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Methodology Services Painting Service

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Nature of Business :Service Provider

Namra Finance Limited
Contact Person: Jaimish Govindbhai Patel

502-3-4, Off. Ashram Road

Ahmedabad - 380014, Gujarat, India

+91-8068441138,258

https://www.indiamart.com/namra-finance-limited/

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