Navarathna Financial Services Ltd. (NFSL) was incorporated under Companies Act 1956 as a public limited company. Certificate of Registration as a NBFC (Non Banking Finance Company (Non-Deposit)) from RBI (Reserve Bank of India) was obtained on May 15, 2012. NFSL’s registered office is in Karpagam Avenue, R.A. Puram, Chennai.

Vision of the Company

Navarathna Financial Services Limited (NFSL) was started with an idea to empower the rural mass by providing access to hassle free finance at affordable rate with quick service for business, agriculture and allied activities and personal needs. It endeavors to fill the gap left by banks and other financial institutions.

Outlook for the Business

In India, majority of the household savings is in gold. It is a traditional practice in India to meet short term finance needs by pledging ones gold jewelry. The industry is converting itself from unorganized players to organized players. There is huge transformation going on in the industry. Though there is healthy competition in the industry, due to demand supply mismatch there is an opportunity for every player. We want to position ourselves in the semi-urban and rural areas where the competition is still less. To diversify our business, we are actively working on other avenues like two-wheeler finance and SME loans for traders.