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Current company Swastik Finance Ltd
Financial Services · 169 employees · Founded 1996 · Mohali, Punjab, India
Swastik Finance Limited, formerly known as Avon Money Solution India Limited, has undergone a significant transformation since its inception as a proprietorship firm in June 2019. Initially focused on the vision of assisting underserved populations. The company has evolved into a registered Non-Banking Financial Company (NBFC) under the Reserve Bank of India (RBI) in October 2022 & Started Operation as NBFC in April 2023. In just four years, Swastik Finance has demonstrated remarkable growth, establishing itself as one of India\'s fastest-growing financial institutions. Central to its mission is the empowerment of the less affluent entrepreneurial class. The company strives to create additional income opportunities for entrepreneurs, thereby making substantial economic contributions that enhance living standards and future prospects, particularly for children. Swastik Finance places a strong emphasis on empowering women, aiming to bolster their self-confidence and esteem. This empowerment extends to enhancing their roles within their families, communities, and broader society. The company\'s commitment to financial inclusion is evident through its diverse portfolio of loan products and technologically advanced operations. By integrating modern technology into its financial services, Swastik Finance seeks to redefine traditional lending practices and contribute significantly to societal progress. The company\'s evolution from a small proprietorship to a robust NBFC underscores its dedication to fostering positive economic and social change through accessible financial solutions