Vanchinad Finance

About Us

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 microfinance loans. The registered office is in Ernakulam, Kerala. The company is spread across Kerala and Tamil Nadu, with network of 60 branches, and a borrower base of around 62000, with assets size of 143 crores as on March, 31st 2020.

 
450 +

Employees

40 +

Branches

0 +

Services

0 +

Company Trust

C.C William Varghese

Founder’s Message

Grow with Quality

Vanchinad Finance, the most dynamic corporate body within SML Group has already made its footprint by providing creative and customized financial solution to over 65000 customers. We are devoted to maintaining the uppermost values of merit in financial services supporting sustainable growth and development of our esteemed customers. We will remain focused on the fundamentals of financing and its best rules with emphasis on commitment. By effectual risk management strategies and prudent credit policies, we are able to make efforts to diversify the funding structure and investor base. With inclusiveness and uncompromised integrity, we survived through good and bad times and we are whole heartedly dedicated to our customers for their success.

Vision

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.

 

Mission

 

Our goal is to make customers feel secured.

Microfinance is an economic development approach that involves providing financial services through institutions to low income clients. Micro finance is emerged in need of meeting special goal to empower under-privileged class of society. We provide microcredit to the low income clients.

History

SML group started its business in 1996 with its registered office at Kunnamkulam. SML group is currently operating with branch offices spread across Kerala and Tamil Nadu. Over two 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 and microfinance.

 
 
 
 

Key Milestones

2016

Acquired by SML Finance Ltd.

2019

Asset size crossed 100 Cr

2023

And our successfull journey continues