Vikas Money Limited

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?

Strengthening the Financial Backbone of Rural India

When Vikas Money Limited registered itself as NBFC licensed under Reserve Bank of India, it’s mission focussed on the financial needs of the rural India. When we introduced our service policies for the first time, our focus was to help people from the backward sections of the society. The people who dream but do not 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 own 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.

Realizing Countless Dreams Under Visionary Leadership

Vikas Money Limited became a public limited company in the year 2002 and the registered office was relocated to Cherpulassery in Palakkad district, Kerala in the year 2012. The company experienced a flabbergasting transformation under the unique leadership of managing director, Mr. A. Pradeep Menon. His mammoth yet diverse experience in the non banking services sector skyrocketed the company to the zenith of new milestones with each step and made it one of the most trusted NBFC companies in India. The company changed it’s name to Vikas Money Ltd. in the year 2018.

Indian Roots, International Standards

Our success lies in understanding the core values and needs of rural Bharat. That is the reason why for the last two decades, we have been admired for introducing innovative yet user-friendly fiscal solutions in the field of vehicle loan, gold loan, business loan, personal loan, debenture issuance and foreign exchange. We offer hassle-free, interest rate loans for SME/ Rural lending and Micro Credit sectors.

Our relationship managers reach every corner of the rural and semi-rural outskirts and disburse the loans with simplest of formalities. Vikas Money Limited is consistently working over sound and transparent business model to cherish the long-term interests of our stakeholders and fulfilling it’s share of making India a financial powerhouse of the future.


A. Pradeep Menon

When I look two decades back at the road from where we came to serve the nation and it’s people then I wonder myself how we achieved such a landmark journey in a country of 1.3 billion. Our seed of dreams germinated into a gigantic tree with countless fruits of customer happiness and loyalty. Today, our company is the reason behind lakhs of smiling faces that partnered with us to transform their dreams into reality. During the course of it’s journey, Vikas Money Ltd. has been bestowed with numerous awards and laurels, but I personally believe that being the reason behind the happiness and success of lakhs of customers is the most coveted feather to our cap.

Vikas Money Ltd. is currently one of the fastest growing NBFCs in the country and the credit for it’s success goes to the business ethics and values that we cultivated and nurtured since the inception of the company. We, together as a family, as a team pursued this journey patiently, step by step and always kept the interests of our community at the centre.

We transformed our businesses as per the needs and aspirations of people; be it starting my first firm at Cherpulassery in the year 1997 or moving one step further in the year 2000. We always adapted to the changing demands of the people. When we realized about the challenges people were facing in terms of gold loan and tedious disbursal documentations, we decided to expand the branches of first firm which provided a hassle-free and extremely customer-friendly atmosphere.

We achieved a major milestone in the year 2012, when we acquired and diversified out credit business from gold to the vehicle loan sector. After realizing the boom in Foreign Exchange Operations in the country, we opened an exclusive Full Fledged Money Changer (FFMC) business company at Kavuvattom.

We changed the name of the company to Vikas Money Limited to establish an umbrella name for a diverse range of financial assistance and investment services offered to the customers. We are now expanding the branches to other zones in Kerala to benefit the maximum population of the state with innovative monetary solutions.

I personally believe that 21st century would belong to India and it is imperative for our fellow Indians residing in remotest of places to reap the modern banking benefits of the highest standards. That is the undivided vision of our company; to equip our Gramin Bharat and Nari Shakti (Women Empowerment) with wings that could dare them reaching for the sky with fullest potential. That is us, aspiring to become the shining crown of our New India…”

34 Years of Trust


Customer Base


Monthly Loan