Vikas Money Limited

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

Gold Loan

Gold loans are the quickest way to get funds for personal or business requirements.

Auto loans

Own your dream bike or car with vikas money ltd , we offers loans up to 80% of the on road price vehicle at attractive interest rates and easy EMIs .

SME LOANS

We understand that all the business needs and catering to the funding needs of all small and medium enterprises.

AFFORDABLE HOUSING LOAN

Fulfill your dream of owning a home with vikas .

FOREX

Vikas s forex services are the ultimate destination to buy and sell all the currencies under one roof.

Air ticketing

We have the facility to book and issue confirmed air tickets both in the domestic and international sector.

Insurance services

VIKAS MONEY LTD is providing insurance facility through Reliance General Insurance Company.

Other Services

Micro Credits, Savings Deposit, Recurring Deposit Domestic Money transfer etc.

Your Ultimate Monetary Friend

Since the call of the needy has been haunting l ventured in to money lending business and started Sreekrishna Enterprises in 1997 at my village cherpullessery in a humble way, with the trust and integrity I gained among my customers and that confidence motivated me to go next level and entered the chit fund business in 1999 by starting Aeppeeyem chits & kuries followed by sreekrishna bankers in 2001-Providing gold loan was the main line of activity. Acquisition of VIKAS HIRE PURCHASE Co Ltd (an NBFC) in 2012 is really a turning point. In 2015, VIKAS became an ISO 2008-2015 Company & also started the Nidhi company, MANDHIR VIKAS NIDHI Ltd, In 2017 we got F. F. M. C license from RESERVE BANK OF INDIA and started a separate division of VIKAS FORIGN EXCHANGE & we got the CRISL rating in 2018.

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

765

Issued Loans

125

Business Partners

150

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

I have been a customer of Vikas Money Limitted for the past 6-7 months and I have only praises for their service. They are very professional, courteous and do what they promise. I’m fully satisfied with their service! All the very best and continue the great works!