Electronica Finance Limited (EFL) is a leading Non-Banking Finance Company (NBFC) focusing on MSME finance in India. EFL started its operations in 1990. With over 20 years into machine loans, it has emerged as the market leader with over 6500 satisfied customers across the country. With 35 main branches, EFL cater to the requirements of over 60 Industrial cities across India.
EFL’s customer centric approach insures the customer friendly solution for their finance requirement. EFL provides easy and flexible machine loans, with a remarkable turnaround time of 7 days as against the industry standard of about 2 months.
With its manufacturing background and sector expertise, EFL has consistently maintained its portfolio quality. The NPA level of the company has remained consistently at an enviable level of below 0.2% despite recent market cycles and fluctuations.
In addition to Machine Loan, EFL also offers a bouquet of allied financial services like business loan, topup loans, etc.
EFL remains committed to financial inclusion and aspires to reach out to 10000 MSME units awaiting for quick machine loans to fulfill their Growth Aspirations.