Vanchinad Finance Pvt. Ltd. is a wholly owned subsidiary of SML Finance Ltd. Vanchinad Finance Private Limited (VFPL) is a non-deposit taking non-banking finance company acquired by SML Finance Ltd in May 2016. VFPL offers Personal Loan, Business Loan, Gold Loan and Micro Finance Loans. The registered office is in Ernakulam, Kerala. The company is spread across Kerala and Tamil Nadu, with network of 59 branches, and a borrower base of around 70000, with assets size of 200 crores.
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To be a leading financial institution through contributing the nation and uplifting the underprivileged segment of society by extending financial inclusion and thereby enriching their social and economic standard of life.
SML group started its business in 1980 with its registered office at Kunnamkulam. SML group is currently operating with branch offices spread across Kerala and Tamil Nadu. Over three decades of its operations, SML group has ventured into various line of business including new vehicle dealership, used vehicle dealership, vehicle financing, gold loan, mortgage loan, solar, electric vehicles and microfinance.
Acquired by SML Finance Ltd.
Asset size crossed 100 Cr
And our successfull journey continues