Shalibhadra Finance expands reach with new branches and innovative personal loan product

In a significant move towards expanding its operational footprint and enhancing financial inclusion across India, Shalibhadra Finance Limited has announced the opening of five new branches within the current quarter. This expansion not only marks the Company’s inaugural foray into Rajasthan but also increases its total number of branches to 47. By strategically positioning these new outlets, Shalibhadra Finance aims to cater to its growing customer base across various demographics and geographies, reinforcing its commitment to providing comprehensive financial solutions.

Understanding the unique needs of the rural market, Shalibhadra Finance has introduced a new financial product – Personal Loans specifically designed for rural customers. This initiative has been met with a positive reception, aligning with the Company’s mission to offer inclusive financial services that cater to all segments of society. The launch of this product underscores Shalibhadra Finance’s dedication to bridging the financial services gap in rural areas, facilitating access to essential financial resources for development and empowerment.

Further enhancing its customer service capabilities, Shalibhadra Finance is pleased to announce the successful deployment of a new Loan Origination System (LOS). This advanced system is set to revolutionize the customer onboarding process by making it more streamlined and efficient. With the implementation of the LOS, Shalibhadra Finance promises quicker processing times and elevated service quality, enabling a smoother and more responsive customer experience.

Minesh M Doshi, Managing Director of Shalibhadra Finance, expressed enthusiasm about these strategic developments, stating, “We are delighted to announce the expansion of our branch network and the introduction of our new product offering. These strategic initiatives are in line with our vision to meet the evolving needs of our customers and advancing financial inclusion.” He further emphasized the importance of the new LOS system, highlighting the Company’s commitment to innovation and operational excellence in serving its customers.

These recent initiatives by Shalibhadra Finance reflect its continuous effort to empower individuals and businesses with accessible and dependable financial solutions. By expanding its branch network and launching tailored financial products, Shalibhadra Finance is setting a new benchmark in the financial industry for inclusivity and service excellence. As the Company forges ahead, its focus on leveraging technology and understanding market needs positions it as a key player in promoting financial accessibility and inclusion across India.