At a Glance
On standalone basis
N Y Leasing launched its operations as a provider of individual and small business loan services to rural & semi-urban customers in 2018 (Year). N.Y. Leasing Pvt. Ltd. is registered as a Non-Banking Finance Company (Non-Deposit Taking) under the Section 45IA of the Reserve Bank of India Act, 1934 having Registration No. 14.00300 dated 6th day of March, 1998. N.Y. Leasing Pvt. Ltd. N.Y. Leasing Pvt. Ltd. rigorously follows ‘Guidelines on Fair Practices Code for NBFCs’ issued by RBI.
Our business is primarily based on financing enterprising Individuals, which allows us to provide collateral-free, microcredit facilities to economically active women in both rural and urban areas, who otherwise have limited access to mainstream financial service providers. We also offer loans to individual persons, product financing for the purchase of Consumer Durables, E-Rickshaw, digital loan, etc.
With operations spanning 4 states across India including Uttar Pradesh, Bihar, Haryana, Delhi & NCR. N Y Leasing maintains a focus on rural and semi-urban areas, ensuring that our services reach deep within those numerous regions that usually face low or at best, moderate rates of penetration by other microfinance institutions.