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Arman Financial Services raises Rs 40 crore through NCDs

06 Jun 2025 Evaluate

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.


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