Purple Finance Limited is a digital-first, non-banking financial company (NBFC) registered with the Reserve Bank of India that specializes in providing secured business loans to micro and small ent...
Purple Finance Limited is a digital-first, non-banking financial company (NBFC) registered with the Reserve Bank of India that specializes in providing secured business loans to micro and small enterprises (MSMEs). In Nayagarh, the company maintains a physical branch to assist local entrepreneurs with capital for business expansion, asset purchases, and working capital needs. Target Clients: Primarily unserved or underserved micro-entrepreneurs in Tier II, III, and IV cities. Loan Purpose: Business expansion, shop/machinery acquisition, or renovation of business/residential premises. Key Features: Fast Processing: Decision turnaround often in less than 5 hours. Flexible Terms: Loan tenors up to 10 years with competitive interest rates. Digital-First Approach: Paperless onboarding supported by relationship-assisted digital journeys. []