Arman Financial Services has raised Rs 40 crore through the allotment of 4,000 senior, secured, rated, listed, transferable, taxable, redeemable non-convertible debentures (NCDs) denominated in INR, each having a face value of Rs 1,00,000. The Board of Directors, by way of a circular resolution dated June 05, 2025, has approved allotment of the same.
Arman Financial Services (ASFL) provides affordable financing with simple, no-hassle loan products. By enabling affordable personal mobility via two-wheeler and three-wheeler financing, Arman promises a better life to the middle-class and emerging middle-class, and helps families move up the economic ladder.