Credifin, a non-banking financial company, announced plans to expand its operations on Monday, 24, February, 2025. The company will expand its workforce in Maharashtra, Chhattisgarh, and Madhya Pradesh.
As per the announcement, the company will also hire more than 300 employees over the next two months to support this growth.
As part of its expansion, Credifin aims to establish presence in major cities such as Nagpur, Mumbai, Navi Mumbai, and Pune in Maharashtra. In Chhattisgarh, the company plans to focus on Raipur, Bilaspur and Korba. In Madhya Pradesh, it will introduce new loan products in cities such as Bhopal, Indore, Gwalior, Ujjain and others.
Credifin, headquartered in Jalandhar, currently operates in 11 states and Union Territories, with over 150 locations and a workforce of more than 550 people. The company expects its expansion to significantly boost business, targeting a disbursement of Rs 200 crore across the new regions.
Currently offering vehicle loans in Madhya Pradesh, Credifin will introduce mortgage loans (loan against property) in 2025. Shalya Gupta, CEO,
Credifin, highlighted that these developments mark a significant step in the company’s efforts to become a leading financial services player in India.
