PADMA PROCRED PRIVATE LIMITED
East Godavari, Andhra Pradesh
In their own words
Padma ProCred Private Limited (ProCredFin), is registered as a Private Limited Company under the Companies Act 2013 on December 21, 2022. The company has its registered office in Rajahmundry, Andhra Pradesh. We aim to serve the underserved or the missing middle market in India specifically in Tier 3 and below towns micro or small business owners who already have a setup business and are in need of additional funds by helping them to get small unsecured business loans of Rs.20,000 to Rs. 3,00,000. Generally, these persons do not get funds from existing banks or financial institutions due to various reasons i.e. no credit history, no collateral security etc. We reduce the loan processing expenses and high-risk exposure to Bank/NBFCs through our end-to-end technology-oriented and specialized process from borrower finding to loan closure. So it would be a win-win for borrowers and NBFC/Bank to provide the loan which without us can not be economically and commercially viable.
Written by the company on its public Startup India profile. Not verified by us.
What the record says
- DPIIT recognition number
- DIPP150320
- CIN
- U74999AP2022PTC123645
- Registered on Startup India
- 2023
- Self-declared stage
- Validation
Where this is
District
East Godavari
Andhra Pradesh
Startup India records the district. We do not have a street address for this company, and we will not invent one.
No point is drawn, because we do not have one.
Geocode confidence: low
What we do not know
- no incorporation date
- no funding signal of any kind
- no address beyond the district
We have no liveness signal for any company on this site: no filings feed, no revenue, no check that the website still resolves. A record existing here means a record exists, not that a business is trading.
Is this your company?
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