Arman Financial Services Ltd. (AFSL)

Arman Financial Services Limited (ASFL), true to the meaning of its name ("Aspiration" or "Wish"), bridges the gap between people's aspirations, wishes, and reality. A Reserve Bank of India (RBI) registered Non-Banking Finance Company – Investment and Credit Company (NBFC-ICC), with rural and semi-rural financing at the center of its business model, Arman provides affordable financing with simple, no-hassle loan products.

ASFL offer MSME Loan, Two-wheeler Finance, Solar Financing, and Loan Against Property (LAP) and Group-Based Microfinance, offered by Namra Finance Limited, a wholly-owned subsidiary of ASFL. Namra Finance is an RBI-registered NBFC-Microfinance Institution (NBFC-MFI).

By enabling affordable personal mobility through Two-wheeler financing, facilitating access to clean energy through Solar Financing, and providing secured credit solutions through Loan Against Property (LAP), Arman promises a better life to the middle-class and emerging middle-class, helping families move up the economic ladder. By offering small-ticket income-generating loans to bottom-of-the-pyramid customers, it enables poor households to increase their income and significantly enhance their livelihood.

With over a decade of lending experience in Western India, serving areas and clients where it is not possible for banks to provide financial services under the current market scenario, this distinctive characteristic of the last-mile credit delivery system separates Arman from banks and other NBFCs.

Incorporation

Originally incorporated on November 26, 1992 as Arman Lease & Finance Ltd., the company made its Initial Public. Offering (IPO) on August 21, 1995. It received an overwhelming response for its public issue which was oversubscribed by 22 times. The Company is actively traded on BSE Limited (Scrip Code: 531179) and National Stock Exchange of India Limited (Symbol: ARMANFIN).