Key Operational Metrics
- Total loans disbursed: 36,000+ loans
- Total disbursement value: Over ₹25 crore
- Timeframe: Achieved within six months of commencing lending operations (since May 2026)
Business Model Details
Mahan Industries Limited is an RBI-registered Non-Banking Financial Company (NBFC) that commenced lending operations in May 2026. The company operates through its digital lending platform "Creditmines" which features:
- Fully digital process: paperless, presence-less, and cashless operations
- Digital KYC and Video KYC capabilities
- E-signing functionality
- Data analytics-based credit assessment
- Digital customer acquisition, disbursement, and collection
- Compliance with RBI's Digital Lending Directions
Strategic Positioning
The company states that with its proven customer-acquisition engine, fast-growing loan book, and scalable technology platform, it is positioned to:
- Deepen presence in India's retail credit market
- Extend range of credit products
- Deliver sustainable growth and long-term shareholder value
Cautionary Statement
The disclosure contains forward-looking statements regarding company growth, loan book, products, and the Creditmines platform. These statements are subject to risks including changes in regulation, economic conditions, credit quality, and competition. The company undertakes no obligation to publicly update or revise forward-looking statements.