When Vikas Money Limited witnessed its inception in the year 1987, there were a lot of questions that it had to answer while forging its path to successfully become one of the best easiest loan lending NBFCs in Kerala. What is the new financial solution that the dynamic leadership of Vikas Money Limited would like to introduce to serve the financial requirements of this great nation and its people? What does it’s like to define itself in the Indian money market which has more than 9,000 NBFCs registered to serve the economic requirement of people? How are we going to define our role and contribute to the emerging financial sector of one of the fastest developing economies of the world? Strengthening the Financial Backbone of Rural India When the company registered itself as NBFC licensed under the Reserve Bank of India, its mission focused on the economic needs of rural India. When we introduced our service policies for the first time, our focus was to financially help people from the backward sections of society by providing them with personal loans. The people who dream but do have the monetary sources to realize the same. The women who wish to become the symbol of empowerment but cannot get the financial aid to commence their work. We customized our plans of loan lending services to strengthen the rural class as well as women and enabled them to become an integral part of the mainstream economy. That is the reason why we have made our money lending policies conducive and customer-friendly and kept our loan rates extremely reasonable so that the people from the less privileged areas of our country could reap the benefits out of them.
1987