MoneyWorks4Me

Moneyboxx Finance raises Rs 7.5 crore by way of term loan from DCB Bank

18 Sep 2021 Evaluate

Moneyboxx Finance has raised Rs 7.5 crore by way of term loan from DCB Bank for on-lending to individuals for agri and allied activities. The funds will help the company to further the cause of supporting the deserving micro enterprises and create a positive impact in this segment.

Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.

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