Prominent NBFC engaged in Automobile Finance among Andhra Pradesh based Companies.
Profit Making and Dividend paying Company since Inception, i.e. from 1991.
Promoted and Managed by Finance Professionals having Three Decades of solid experience in the field of Hire Purchase & Leasing of Automobiles.
Selected as model NBFC for Regular Studies by the Reserve Bank of India.
Registered with the Reserve Bank of India (Regn.No.09-00172).
Promoter of Coastal Local Area Bank Limited, the first Local Area Bank in India which has commenced operations.
Backed by leading NRIs with 40.21% Equity participation.
Adequate safety rating by Credit Analysis & Research Ltd.
Zero NPAs (Non Performing Assets) with above 95% Recovery Rate for the last 12 years.
Asset Portfolio Management Tie-Up arrangements with;