IL
Incred Financial Services Ltd
Non-Banking Financial Company (NBFC)
Issuer Summary
Rated AA-
By CRISIL
9039+ crores
of AUM
Investment options
IL
Incred financial services limited
AA- rated by CRISIL
Up to 9.40%
Yield to maturity
₹1,00,931.87
Min investment
IL
Incred financial services limited
AA- rated by ICRA
9.25%
Yield to maturity
₹1,00,963.18
Min investment
IL
Incred financial services ltd.
AA- rated by CRISIL
9.40%
Yield to maturity
₹1,00,494.49
Min investment
View all bonds
Key highlights
Tech-Driven Lending Unicorn: Founded in 2016, InCred is a prominent fintech unicorn that leverages cutting-edge technology and data science for quick, easy, and transparent lending solutions.
Strategic Acquisitions & Expansion: Recently announced the acquisition of TruCap Finance's gold loan portfolio (approx. ₹650 Cr AUM and 115 branches), strategically diversifying into secured gold lending and expanding its branch network.
Strong Capitalization & Credit Rating: Boasts healthy capital levels (CRAR of 30.4% in FY24) supported by continuous capital infusions, and holds a strong CRISIL AA-/Stable rating, reflecting robust financial health.
Key Leaders and Motto
BS
Bhupinder Singh
Founder
Vision: To revolutionize financial services, empowering individuals and businesses with quick, easy lending solutions through cutting-edge technology and data science. Mission: To democratize finance and build trust by providing quick, easy access to financial services for individuals and businesses, leveraging technology and data science.
Contact and other details
Pan
Cin
U67190MH1995PLC360817
Email
connect@incredmoney.com
Address
4th Floor, No:477, Khivraj Complex -II, Metro Station, 482, Anna Salai, opp. to Nandhanam, CIT Nagar East, CIT Nagar, Chennai, Tamil Nadu 600035
Founded In
2016