Arman Financial Services Ltd Company Summary

Arman Financial Services Limited is an India-based, non-banking finance company (NBFC) registered with The Reserve Bank of India. The Company engage in providing Small and Medium Enterprise Loans (SME), Two-Wheeler Finance (TW) and Loan Against Property (LAP) to create the underlying assets of SME, TW and Mortgage.Arman Financial Services Limited was erstwhile incorporated as Arman Lease & Finance Limited on November 26, 1992. The Company had subsequently changed the name to Arman Financial Services Limited in March, 2008.

The main objects of the company consisted of providing a wide spectrum of financial services both Fund based and Non Fund Based activities which includes term loans, collateral free credit, other forms of credits, thrift and savings and insurance. Arman also plans to render financial services to people by acting as intermediary for banks and financial institutions in the cities, towns, villages of India. The Company incorporated a wholly owned subsidiary M/s Namra Finance Limited on 27 March, 2012.

M/s Namra Finance Limited a wholly owned subsidiary became the first company in India to receive NBFC-MFI license, which accordingly commenced business effective from February 15, 2013.Armans Microfinance Operations got demerged into its wholly owned subsidiary, Namra Finance in FY 2013-14. The Company started its operation of micro finance in Uttar Pradesh and Maharashtra in 2016-17.The Company opened 67 new branches, bringing the total count of branch to 402 in 2024. It completed fund raising through a Qualified Institutional Placement (QIP) of Rs 230 Crore in 2024.The total of 391 MFI branches were operational in FY25.

The Company launched solar loan project in November 2025. The Companys AUM has crossed Rs 2,728 crore in 2026. The branch network has strengthened to 122 branches in 2026.