SIRIFAL SUPPORT SERVICES PRIVATE LIMITED

In their own words

Sirifal Support Services Private Limited Problem Statement:* Millions of low-income individuals across India face urgent cash needs but cannot access small-ticket loans under ₹5,000 to ₹10000 from formal financial institutions. Banks avoid such customers due to high operating costs and low margins, leaving them to depend on moneylenders at high interest. Our Solution: Sirifal provides instant micro-loans below ₹5,000 to last ₹10000with a 5-minute disbursal time through a paperless, Aadhaar-based digital process. Customers can request loans via WhatsApp or mobile app. We operate using a daily repayment model, making it easier for low-income earners to repay small amounts regularly. Unique Value Proposition: * 5-minute disbursal via UPI * Paperless onboarding via Aadhaar eKYC * No credit history required * Daily repayment reduces default risk * Field collection + UPI enabled * Fixed service fee (no interest burden) * No NBFC license required (service model) *Market Opportunity: India has over 250 million underbanked citizens. 60% face regular short-term cash needs under ₹5,000. There is a massive demand for ultra-micro credit in Tier 2, Tier 3, and rural areas, underserved by traditional banks and NBFCs. How It Works: 1. Customer sends loan request via WhatsApp or mobile 2. Instant KYC via Aadhaar authentication 3. Loan disbursed in under 5 minutes via UPI 4. Daily repayments through UPI or field agents 5. Automatic tracking through internal system Revenue Model: * Flat service fee per loan (₹50–₹250) * No EMI or interest-based recovery * Recurring use = high customer retention * Simple & scalable model daily colection & reinvestment plan and power of compaunding income Progress So Far: * Company incorporated and MCA compliant * Organisation DSC activated * DPIIT application in progress * Loan management and repayment tracking system under development * Launch planned in Delhi NCR as pilot *Vision:* “To build India’s fastest and most trusted nano-loan

Written by the company on its public Startup India profile. Not verified by us.