Empowering Small Ventures
Elevating Micro-Business with Innovative Financial Services
Overview
In line with the vision of our Bank and after successful lending track record at Capital First Limited, IDFC FIRST Bank continues to support and lend to Non-Banking Finance Companies (NBFCs) since its merger in Dec 2018. Our Bank believes that such retail-lending oriented NBFCs truly possess the last-mile reach into India’s millions of micro businesses and individuals that deserve funding on credit but are not able to access the same conveniently. Bank’s lending to these NBFCs is an indirect way for us to support this genre’ of India.Our Bank has pan India NBFC Coverage presence through its four dedicated teams in North, South, West and East regions. These teams help analyze, solve for the needs and process transactions for the NBFCs located in the respective regions. The Bank supports all formats of NBFCs including: Read more
The Bank supports all formats of NBFCs including:
Micro Finance NBFCs
Personal Loan NBFCs
Home Finance Companies
NBFCs lending to Micro, Small and Medium sized Businesses
NBFCs lending against Assets such as Properties, Commercial Vehicles, Two wheelers, Gold, etc.
Products
Our Bank offers a wide range of products and services with the technology to leverage them anytime, anywhere and the expertise to customize them to client-specific requirements.
Cash Management Solutions
Bank provides highly digitized solutions for managing payments arising due to loan disbursements, EMI collections and for myriad other vendor payments; it uses cutting-edge product technology to cater to both – digital and cash payments. The products are enhanced with strong MIS reports to facilitate various account reconciliation needs.
