Veritas Finance Limited, incorporated in 2015, is a non-banking financial company (NBFC) registered with the Reserve Bank of India, focused on serving the credit needs of underserved MSMEs and self-employed individuals. The company provides a range of financial products, including small business loans, affordable home loans, used commercial vehicle loans, and unsecured working capital loans, aiming to bridge the credit gap for rural and urban borrowers. It sources most of its loans in-house, with direct selling agents supporting certain segments, and operates through a network of 424 branches across 10 states and one union territory, with a strong presence in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and West Bengal. Veritas Finance collaborates with 36 lenders and 11 debt security holders, including banks, mutual funds, NBFCs, and alternate investment funds. As of September 30, 2024, the company employed 7,704 full-time staff and continues to expand its offerings across rural business, affordable housing, commercial vehicle financing, and working capital loans.
Veritas Finance Limited, incorporated in 2015, is a non-banking financial company (NBFC) registered with the Reserve Bank of India, focused on serving the credit needs of underserved MSMEs and self-employed individuals. The company provides a range of financial products, including small business loans, affordable home loans, used commercial vehicle loans, and unsecured working capital loans, aiming to bridge the credit gap for rural and urban borrowers. It sources most of its loans in-house, with direct selling agents supporting certain segments, and operates through a network of 424 branches across 10 states and one union territory, with a strong presence in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and West Bengal. Veritas Finance collaborates with 36 lenders and 11 debt security holders, including banks, mutual funds, NBFCs, and alternate investment funds. As of September 30, 2024, the company employed 7,704 full-time staff and continues to expand its offerings across rural business, affordable housing, commercial vehicle financing, and working capital loans.
