24, Feb 2023
IKF Finance opens 6 branches in Rajasthan
India, February 24, 2023: IKF Finance, one of India’s most trusted, Non-Banking Finance Companies (NBFC), has launched six new branches in the State of Rajasthan. These branches are located in the cities- of Jodhpur, Bikaner, Nokha, Sumerpur, Barmer, and Phalodi.
The IKF Finance, with over 30 years of operations has a network of 125 branches across the 8 states of the country. It has won the trust of a total of 60000 plus borrowers. The company has 1100 plus employees to monitor and cater to the needs of the customers.
Explaining the significance of the expansion, K Raghu Ram, Business Head of IKF Finance said “We are delighted to expand our operations today with 6 more branches in Rajasthan. We already have a presence in the capital city of Jaipur. We have planned to fulfill the increasing demand for finance in the unbanked, underbanked & underserved segments in tier II and tier III cities and our mission is to serve diverse financial needs. These branches will cater to the target audiences in the respective regions. We will provide our best services to our customers, who always trusted us and introduce new schemes entering into the industry.”
IKF Finance has emerged as one of the most trusted NBFCs during the past 3 decades of service in many parts of the country. It is always ready to adopt changes in the banking industry, innovate and make a mark with new schemes and services.
About IKF Finance: IKF Finance is among India’s prominent Non-Banking Finance Companies (NBFCs), with over three decades of experience in the asset financing business. Incorporated in 1991 as Indrakeela Finance Private Limited, with the objective of financing the purchase of commercial vehicles, construction equipment, tractors, cars, and multi-utility vehicles, it was founded by Mr. VGK Prasad. The IKF group has evolved into a multi-product retail financier across vehicle finance and affordable housing finance. It expanded its portfolio to construction and MSME sector loans. The product portfolio is customized to accommodate the needs of financially underserved self-employed customers.
The next generation leadership, Vasumathi Kongati, Managing Director of IKF Finance along with the professional management team has contributed to the leading growth journey of the company. IKF has adopted digital technology, automating towards building sustainable competitive advantage. Its diversified network consists of 125 branches across 8 states.