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About Us /Milestones |
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1993 |
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Incorporated
as 1st Non Banking Finance Company (NBFC) in
India catering to Small and Medium scale industry for equipment
Finance. |
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1995 |
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One of the leading NBFC in Maharashtra in terms of
collecting Fixed Deposit |
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1998 |
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Horizontal Expansion in South and North India |
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1998 |
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Registration with Reserve Bank of India as Non Banking
Finance company |
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1998 |
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Received Award of Excellence From Bank of America
For Car Loan Program |
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2002 |
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Tie-Up with all Leading Machine Tools companies in India
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2005 |
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Name Changed to Electronica Finance Limited with 15
Branches across the Country |
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2006 |
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Classified as Asset Finance Company by Reserve Bank of
India |
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2006 |
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Recognised by SIDBI as Co-branding partner to extend
their reach to Micro and Small Enterprise |
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2007 |
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Got "a-"
Rating by M-CRIL indicating High Safety |
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2008 |
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Classified as NBFC-ND-SI as the Asset base has crossed
Rs. 100Crores |
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2008 |
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Recognised by WORLD BANK for Exclusive Work in Micro and
Small industrial segment in India |
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2008 |
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Assisted 500th
Customer with SIDBI under their various schemes |
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