Profile

Electronica Finance Limited was established in the year 1993. Formally known as Electronica Leasing and Finance Limited, with the objective to provide Quick & Easy financial assistance to Micro and Small Enterprises (MSEs) for their plant and machinery requirements, , we introduce ourselves as a leading SME financial service provider for various financial schemes and loan services such as under

• Micro and Small Value Loans,
• Hire Purchase,
• Term Loans,
• Corporate Advisory Services (CAS), Li
• Life & General Insurance.

In order to carry out all our services in an efficient manner, we have registered ourselves with the Reserve Bank of India (RBI) and also Associated with Small Industrial Development Bank of India (SIDBI) and make sure that we follow all the prudential norms set for the Non Banking Finance Companies (NBFC’s) by the RBI. Besides, we are also registered with the RBI as an Asset Finance Company and hence we act as a specialized financier to Micro and Small Scale Enterprises.

Having been in this industry for the More than 15 years, we have created strong

tie-ups with some of the major leading bank organizations across the globe.

Our Vision

“To become to Micro & Small Enterprises (MSE),

what Grameen Bank is to Micro Finance.”

EFL finances Multiple industries like

1. Machine Tool
2. Plastic Moulding 
3. Wood Working
4. Generators & Compressors.

Advantage and Features of EFL

1.        Fast Processing of loan within 8 days.

2.       Associated with SIDBI (Small & Industrial bank of India) for subsidy for the SME’s.

3.       Flexible Schemes.

4.      More than 2000 Satisfied Customers

5.       Nationwide Network

6.      Service at your Doorstep

Why loan from Electronica Finance?

• Quick & Easy Finance: Pay only Rs.767 per lac per year means Rs.3 per working day.
• No collateral security required unless very much necessary.
• Competitive interest rates at par with banks.
• Easy Documentation.

EFL-Your Partner, Your Advantage

• EFL started in the year 1993 which provides Machinery and Tool finance exclusively to Micro & Small enterprises sector in India.
• EFL is registered as an Asset finance company (AFC) under the Reserve bank of India.
• EFL provides financial assistance in the form of loan or hire purchase to Industrial customers for purchasing machinery and tools.
• Pan India presence with Network of 14 branches covering 30 cities across the country.
  
  

Over the years, we have grown up by leaps and bounds to reach the unmatched position that we enjoy today. Our success has been a step-by-step progress. Some of the major milestones that we have achieved over these last 2 decades are as mentioned below:

Electronica Group

Our Associations

We offer our General Insurance Loans through our association with the following companies:

• ICICI Prudential
• Bajaj Allianz
• Reliance
• SIDBI
• Iffco Tokio
• Bharti Axa.

Our Domain Expertise

Apart from being registered with the RBI, we are also the only associates of SIDBI; a reputed Government organization that is engaged in promoting, financing, and developing various industries in the small scale sector in India. This has led to us offering the best financing deals for the convenience as well as benefit of the clients. All our services and deal rates are at par with the other banks. In order to carry out all the services such as hire purchase, loans, etc. in an efficient manner, we follow a  systematic methodology which comprises of the below mentioned points :

• We provide all kinds of loans and deals within 8 days (from the day of receiving all the papers / documents).
• We check the credit worthiness of the concerned client based on his past performance as well as financial stability.
• We provide flexible and customized schemes, which meet the exact requirements of the clients.