Finance Business Opportunities in India

Financial company that provides small-ticket loans to individuals lacking access to formal banking. - Offers a range of services including secured and unsecured loans, consumer and auto loans, investment plans, and basic health insurance. - Customers include pensioners, salaried professionals, small business owners, and self-employed individuals. - Issues 2–3 loans weekly, with interest rates between 18% and 22%. - Operates under RBI approval as loans are disbursed through partnered banks. - Collaborates with institutions like UIDAI, CIBIL, and NPCI to enable secure and seamless services.

1-Till date clients: - 450. 2-Till date disbursement: - 4crore. 3-Company E-NACH registration. 4-Company CRIF high mark (credit report) registration. 5- Company 100% loan recovery till date. 6- Two established branches. 7-Company DLT (SMS Gateway) registration.

Loan DSA business in Odisha. - The business is only recently established and has already disbursed INR 50 lakh worth of loans. - We receive a 3.5% commission on the disbursed amount from the banks and NBFCs. This commission forms our actual revenue and not the total loan disbursement. - We have only operated for the last 3 months. - Business has a Certificate of Incorporation, AoA, MoA, and GST Certificate. - We are not required to be registered under RBI or any agency because we are only loan distributors and are not a lending firm ourselves.

We have started this organization, in order to provide the best microfinance services to cater for the financial needs (under the JLG/individual model) of the underprivileged & unbanked section of our society. - Currently, we are working as an NPA recovery partner of four reputed NBFCs (Hinduja, Muthoot, Reliance Capital & Chola) for Jharkhand, Bihar & West Bengal states and BC (Business Correspondent) partner for MSME & JLG business with three reputed NBFCs (Arthmate Financing India, Avanti Finance & Clix Capital). - Established in the middle of last year, but started our operation as an NPA recovery partner from December onward & as a BC partner 6 months ago. - Presently we are having a tie-up with Arthmate Financing India Private Limited for Jharkhand & Odisha states for MSME loans. Right now, we have two branches with Arthmate. These are at Ranchi & Pakur. - We need to open 15 more branches at the mentioned two states to provide services of Arthmate. Currently, we are having AUM (Asset Under Management) of INR 0.17 Cr with Arthmate. We have recently started working as BC partners for JLG loans of Avanti Finance (a TATA group company). Initially, Avanti has allowed us for three districts of Jharkhand. These are East Signbhum, West Singhbhum & Seraikela Kharsawan. They have allocated three more districts (Gumla, Khunti & Pakur) of Jharkhand. We are going to open 5 more branches with Avanti within this month. Based on their initial allocation, we have opened 6 branches in the mentioned geography, these are Seraikela, Chandil, Hata, Chaibasa, Chakradharpur & Jagannathpur. As of now, we have having AUM of INR 6.86 Cr with Avanti Finance. - Revenue model: We get paid on a profit-sharing basis from the interest collected. The NBFCs charge a 27% interest of which we get half of the interest received. - Most of our branches were recently opened and we now have 10 different branches with a total of 64 employees. Most of the staff are customer service officers and are overseen by the branch managers. - Being a Core team member & key managerial person (KMP) of this organization, the promoter has over a decade of sound experience from different NBFC-MFIs, across the country. - Our other core team members also have 12 to 15 years of average experience in the Financial Sector. We are going to be associated with a few more organizations (like Arohan, Annapurna, Samunnati etc) soon. - We are following 100% cashless collection & triple level verification before disbursement. Considering the situation, to enhance our business and open new branches across the country, we need at least a working capital of Rs- 1.5 Cr- 2 Cr.

The company specializes in providing distressed asset management resolution services for banks, non-banking financial companies (NBFCs), and microfinance institutions (MFI). - Its primary services include debt collection and money recovery. - We serve notable clients such as SMFG (Fullerton), Mercedes-Benz, Bajaj, MoneyGuard, and Epay Later. - The company has two upcoming projects in the pipeline with Ola and Tata Capital, demonstrating its potential for further growth and expansion. - Its revenue model is based on an average of 15% of the amount recovered for its clients. - The business is newly established, having been founded towards the end of last year which is the reason it has no reported sales and is currently seeking funding to support its operations and growth plans. - The owner brings valuable experience to the business, with 23 years of expertise in the banking and financial sectors, including roles at prominent institutions such as IIFL, Bandhan Bank, Kotak Mahindra Bank, ICICI Bank, and HDFC Bank. - 10 of our employees are the managers of different teams, and these teams have a total of 10 ground staff under them. The ground staff are crucial for taking care of the operations and their heads are responsible for strategizing and guiding them. - We are confident that we can pay the interest amount of 10% on the loan since we expect to make a total of INR 2 crore by the end of the current financial year. This is because the average monthly revenue is anticipated to increase as we will have more funds to finance operating costs and hence take up more clients and increase our EBITDA.

We are a startup NBFC located in Balotra. - Business has been operational for 8 months. - We take deposits and provide loans to our customers. We are governed by RBI. - Have opened 200 RD/FD accounts for our users. - We have distributed loans worth INR 5 lakhs so far. - Our interest rates start from 14.5%-24% for gold loans and 14%-19% for personal loans. - Loans are provided to people who are looking for small personal loans belonging to rural areas. - Business is managed by 3 partners with one having the majority of the stake. - Business is debt-free. - The collateral provided is the personal property of one of the directors.

Jewelry business providing manufacturing services, loan services, repair, and servicing for gold jewellery. - Have catered to 1,000+ B2C clients since inception. - Generate approximately 50% revenue from gold loan interest. - Have an offline store and the online store is yet to be launched. - Manufacture the jewelry under our brand name based on the client's requirement. - Duration of the manufacturing is based on the jewellery. - Have 25+ franchises across Bangalore. - Have an existing delivery set-up along with diamond and gold suppliers. - Average ticket size of clients is INR 30,000 to 2 lakhs. - Due to the pandemic the last year's business sales were affected.