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 64 branches, and a borrower base of around 70000, with assets size of 191 crores as on March, 31st 2023.
450
+
Employees
40
+
Branches
0
+
Services
0
Crores
Assets size as on March, 31st 2023.
Services
In India still 60% of people depend on agriculture. Rural people have very low access to institutionalised credit (from Commercial Bank). Keeping this in mind, Vanchinad Finance (P) Ltd coined the following schemes.
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How We Work
In India still 60% of people depend on agriculture. Rural people have very low access to institutionalised credit (from Commercial Bank). Keeping in mind, Vanchinad Finance (P) Ltd took its first step and started its journey 2016 and become the 100% subsidiary company of SML Finance Ltd
Easy Financing
Address your working capital needs within 3 days by availing quick and easy finance
Online Application
Apply from anywhere at any time while using a device that is connected to the internet
Collateral-free
Pick from a wide array of customized, unsecured loans for businesses and personal purposes
Our Presence
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
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
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.
Group Entities
