Business

IKF Group opens a new branch in Solapur

IKF Group shares a vision to transform the lives of mainly underserved segments.

IKF Group (IKF Finance & IKF Home Finance) has today launched its new branch at Solapur, Maharashtra.

As part of their aggressive business expansion plans, the new branch promises to cater to the growing demand of financial needs and affordable housing units in and around Solapur which is a hub to many small industries and retail trading units.

Smt. Praniti Shinde, Hon’ble MLA – Solapur inaugurated this new branch along with, Shri. Rama Raju, Chief Executive Officer – IKF Finance & Shri. Aryendra Kumar, Executive Director & Chief Executive Officer – IKF Home Finance.

  • Smt. Praniti Shinde, Hon’ble MLA, Solapur inaugurates the new branch which is the
    112th branch of IKF Finance and 55th branch of IKF Home Finance
  • The new branch will cater to customers in and around Pandharpur, Sangole, Bale,
    Hipparge, Mulegaon, Kumbhari, Kegaon

IKF Finance is one of India’s prominent Non-Banking Finance Companies (NBFCs), with over three decades of experience in the asset financing business while IKF Home Finance is a new age Housing Finance company with a vision to transform lives.

The path adopted by the group is to provide flexible financial assistance to their customers.

Over the years, both the companies IKF Finance & IKF Home Finance which are headquartered in Hyderabad have transformed the lives of their customers with heartfelt efforts for enlightening lives.

IKF Group shares a vision to transform the lives of mainly underserved segments mostly in tier-II & tier-III cities pan India.

The new branch at Solapur is IKF Finance’s 112th branch and the 55th branch of IKF Home Finance.

Specifically talking about Maharashtra, this Solapur branch is the 10th branch of IKF Home Finance & 20th branch of IKF Finance.

With its constant efforts, IKF Finance and IKF Home Finance are enabling customers to avail housing and vehicle finances providing them an approachable assistance to upgrade and meet their growing family needs.

“I am extremely delighted to be launching the new branch of IKF Finance & IKF Home Finance. I firmly believe that IKF Group with its experienced and integrity driven leadership team will offer the best of their services to the people of Solapur. Flexible loans are the need of the hour specially to the underserved sector. Many people aspire to avail small loans yet do not have the provision or eligibility to utilize them. I encourage the people of Solapur to make the best of the services which are being provided at the new branch of IKF. I look forward to IKF Finance & IKF Home Finance for providing the best services to the natives of towns present in and around Solapur”.

Smt. Praniti Shinde, Hon’ble MLA – Solapur said,

“We thank the Hon’ble MLA, Smt. Praniti Shindeji for coming and inaugurating our new branch. We at IKF Home Finance promise to help the people in and around Solapur who have a dream of building an affordable housing unit yet do not have the finances to support their dream can come true. The processes here are simple, hassle-free, and quick, offering not just financial assistance, but also a happy experience of making dreams a reality through the support they offer to their customers. The path adopted by our company is to provide flexible financial assistance to our customers. Our motto as an entity is to serve the underserved. We are delighted to begin this new branch in the hub of the city and cater to the people of Solapur”.

Mr. Aryendra Kumar, Executive Director & Chief Executive Officer – IKF Home Finance said,

“It gives us immense joy to be launching our 112th branch in Solapur. We thank the Hon’ble MLA of Solapur for accepting our invitation and launching our new branch. We have come a long way as a company, and we are proud to carry on the legacy. Our branch’s innovative income assessment underwriting process will aid a substantial portion of our self-employed customer base in obtaining finance assistance and MSME loans. Our services are especially useful to small business owners who have poor bookkeeping skills but also have the ability to service loans. We cater to such customers who are in need, and we are confident that a loan supplied to them at the correct time will work as a binding force for their families.”

Mr. Rama Raju, Chief Executive Officer – IKF Finance said,
IKF Finance &Home Finance would service a wide range of customers in small enterprises as well as personnel working for industrial and private units through this location.
Employees and business people in and around Pandharpur, Sangole, Bale, Hipparge, Mulegaon, Kumbhari, and Kegaon will be the primary catchment regions for the branch.
The branch will offer the target segment housing loans for purchase, self-construction, home improvement, and small ticket MSME loans backed by collateral through its diverse product line.
About IKF Home Finance: IKF Home Finance is a new generation housing finance firm with a mission to impact lives. The company’s strategy is to provide flexible financial help to their consumers.
IKF Home Finance has a long history of providing finance solutions to consumers, a track record of trust and reliability, and a commitment to quality, transparency, and innovation.
The procedures are straightforward, painless, and quick, providing not only money assistance but also a joyful experience of making goals come true with our guidance.
Home Loans, Home Improvement Loans, Loan against Property, and Small Ticket MSME Loans with Collateral are all part of the product portfolio.

About IKF Finance:

IKF Finance is among India’s prominent Non-Banking Finance Companies (NBFCs), with over three decades of experience in the asset financing business.
The company offers loans for the purchase of commercial vehicles, cars, MUVs, three-wheelers, tractors, and construction equipment, in addition to secured MSME loans.
The product portfolio is customized to accommodate the needs of financially underserved self-employed customers.
The company was incorporated in 1991 as Indrakeela Finance Private Limited, with the objective of financing the purchase of commercial vehicles, tractors, cars and multi-utility vehicles.
Since its inception, IKF Finance has grown rapidly on the foundations of commitment to customer service, transparent business practices, a well-organized team, secure financial policies, and a loyal customer base.
This article was shared with Prittle Prattle News as a Press Release.
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