We provide access to financial solutions empowering people living in poverty to transform their lives, their children's future and their community.

About the Company

In February 2013, Namra Finance Ltd. became the first company in India to receive the long awaited "NBFC-MFI" (Non-Banking Finance Company - Microfinance Institution) License. This special category of NBFC was created by the RBI based on the Malegam Committee recommendations to serve the underserviced and the poor segment of India by providing Microfinance, or small income-generating loans at reasonable interest rate, collateral-free.

Namra Finance is a wholly owned subsidiary of Arman Financial Services Ltd, and was formed for the sole purpose of demerging Arman's Microfinance operations into a separate entity for numerous regulatory and administrative purposes. The combined entity under Arman has a long standing positive track record and is a solid company with an attractive business mix of secured and unsecured lending products. On one hand it offers a very high rural and social support and on the other hand it delivers high commercial returns. Unlike many other MFIs and NBFC, we focus on controlled growth rather than irrational exponential growth. We are extremely conservative with our lending and follow very strict underwriting guidelines. Namra is a member of Microfinance Institutions Network (MFIN) and a member of Pradhan Mantri Mudra Loan Yojana.

About the Parent; Arman Financial Services Ltd

Arman is a Non-Banking Finance Company (NBFC). The company operates mostly in unorganized and underserviced segment of the economy and mostly serve niche markets. We do this by developing a business model characterized by very close customer interaction and relationships and a deep understanding of customer needs. If we at Arman were to pick one distinctive criterion that separates us from a Bank and other NBFCs, is the last mile credit delivery system. We serve areas and clients where is it simply not possible for banks to provide financial services. We at Arman have been able to bring in higher operating efficiencies within the system based on the understanding and strength of our superior knowledge of local markets, and our efficient, proactive, and conservative origination systems. The company has been in existence since 1992, and had its IPO in 1995. Arman is listed on the Bombay Stock Exchange and National Stock Exchange. The Arman Group operates in three major business segments 1. Two-wheeler financing, 2. JLG Microfinance, and 3. Micro-Enterprise (MSME) Loans.

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