VEDIKA CREDIT CAPITAL

Our Journey: "Vedika Credit Capital Limited" was incorporated on 15th March 1995 as a Private Limited Company. In November 1995, the status of the company was changed from Private Limited Company to Public Limited Company to enhance the scale of operations. It was further recognized and re-registered in March 1998 as an Non-Banking Finance Company (NBFC) with approval from Reserve Bank of India. In the year 2004, the company was taken over by its current owners Mr. Ummed Mal Jain (Chairman), Mr. Gautam Jain (Managing Director), and Mr. Vikram Jain (Director). Initially the company was involved in financing under Individual Lending Model. Later in the year 2007, it added another micro-finance product, Joint Liability Group loans to its portfolio. On 3rd June, 2015, the company re-registered with the RBI as an NBFC-MFI. It is one of the biggest NBFC-MFI in eastern India with operations in 6 states namely, Jharkhand, Bihar, West Bengal, Uttar Pradesh, Assam and Odisha. Currently it has more than 150 Branches. Loan products offered: Joint Liability Group(JLG) Loans, Micro-Housing Loan (MHL), Small Business Loan and Micro-enterprise Loan (MEL). Our Mission Partner in the Growth of Micro Entrepreneurs Our Vision To be the Leader on providing Total Financial Solution to Micro Entrepreneurs Core Values: - Veracious (speaking or representing the truth, ) - Empowerment () - Dependable () - Inclusion of everyone () - Key to customer growth ( ) - Accountability towards our customers ()