SAVE Financial Services Pvt. Ltd. is an NBFC- MSME, formerly known as Karmayogee Finance, which started its business operations in 2018. We are a wholly owned subsidiary of SAVE Solutions Pvt. Ltd., which received its Certificate of Registration in 2017. Starting as a full- fledged NBFC- MSME, SAVE Financial Services began to offer various Secured and Unsecured Loan Products, while working with the aim to provide Employment, Income Generation, Financial Inclusion, and Development of Rural population. The Loan Products offered by SAVE Financial Services include Loan against Property/ Plot and Business Loans.
Leveraging the deeply penetrated network of SAVE Solutions Pvt. Ltd., encompassing a spread of 14000+ CSPs, which service over 21 million rural Indians residing in 8600+ villages, that are spread across 559+ districts in 28 States and 3 Union Territories; SAVE Financial Services has forayed into lending the unserved and under-served populations across the states of India.
We have done an in depth study of this segment and created a model which is dependent on non-traditional way of loan underwriting, which makes us unique in our offerings for the MSME finance segment.
We started to customize credit programs for each customer thus helping them scale their business to the next level. Currently, we are present in 24 locations of Delhi NCR, Bihar, UP, Haryana, Uttarakhand, Jharkhand, and Rajasthan.