Vikas Money Limited

Our ServicesThe services that we are providing.....

Auto loans

Aspiring to purchase your dream scooter, bike or car? Wish to own a commercial vehicle for the logistics of your new business? Well, Vikas Money brings you auto loans with easy EMIs

Business Loans

Vikas Money is determined to realize the self-employment ambitions of New India.

Vikas Money Ltd. has been credited to be the last ray of hope for an immense number of people having a vision in their lives and willing to engage in a creative work to improve their livelihood to ensure a better future for their loved ones.

Gold Loan

We offer easy gold loans with higher rate per gram to help you achieve all your dreams and family obligations.

Debenture Issue

Are you seeking for best NBFC investment instruments? Vikas Money Ltd. is an authorized NBFC for debenture issuance on private placement basis from the Registrar of companies.

FOREX

Vikas Money Ltd. is one of the most popular destinations for the purchase and sale of foreign currencies in the state of Kerala.

Your Ultimate Monetary Friend

When Vikas Money Limited (formerly known as Vikas Hire Purchase Co. Ltd.) witnessed it’s inception in the year 1987, there were lot of questions that it had to answer while forging it’s path to successfully become one of the best money lending NBFCs in Kerala. What are the new ideas that the dynamic leadership of Vikas Money Limited would like to introduce to serve this great nation and it’s people? How Vikas Money Limited would like to define itself in a country which has more than 9,000 NBFCs registered to serve it’s people? How we are going to define our role and contribute in the galloping financial sector of one of the fastest developing economies of the world?

Factors That Led to the Growth of NBFCs in India

The transformation of Non-Banking Financial Companies (NBFC) in India in the past few years plays an important role in growth of Indian Financial system. NBFC’s have emerged successful as compared to Banks as their customized product offerings help individuals with their financial needs.

Financial Year Growth

2016 - 13%, 2017 - 16%, 2018 - 20%
NBFC’s grow at an average rate of 4%-6% every year. Following are the major factors that led....

Understanding the customer

Focus on unorganized & under-served segments of the economy. Customization of rigid policies to meet customer needs Customized product offering

Leveraging technologyce

Reduced time to market and enhanced customer experience Offering customized credit assessment models with optimized business processes Reaching out to wider audience

Catering to the needs of Tier-2, Tier-3 and Tier-4 markets Distribution of loans across several customer touch-points with 24/7 sales and service

Core Values

Money differentiates the society in to rich and poor with the current socio economic situation , which paved the way for social insecurity and unrest. The recent socio economic changes and the changing fiscal policies of the root made banking industry really challenging..

Vision

Expand our services across south India with 300 branches. Vikas Money LTD. become a 3000 Cr turnover company by 2030.

Mission

To provide financial services to customers with high quality & innovative technology

1987

Year of Foundation

48000

Issued Loans

125

Business Partners

40000

Happy Clients

Our Awesome Testimonials Proud moments from our customers

George Mathew

M D

I would like to thank Vikas Money Limitted for the impressive work done to successfully complete our loan process. I appreciate Vikas Money Limitted's efforts in ensuring the timely completion of the documentation process, which helped us to claim the loan very easily.

Praveen Kumar

Manager

The home loan from Vikas Money Limitted helped me a lot. Though my father is aged, Vikas Money Limitted considered income from my job and on the basis of that my loan was sanctioned. I would like to thank the entire team of Vikas Money Limitted.

David John

Director