Akme Fintrade (India) Limited

Vehicle financing and SME loans

India

Akme Fintrade (India) Limited (AFIL) is a Non-Banking Financial Company (NBFC), registered with the Reserve Bank of India. The company was established in 1996 and is primarily engaged in vehicle financing, through loan and hire-purchase contracts.

In addition to vehicle financing, the company also provides loans to small and medium enterprises (SMEs), which are not being reached by traditional banks.

AFIL's main area of operation is rural and semi-urban Rajasthan. Some of its 47 branches (2017) are located in the states of Gujarat, Maharashtra and Madhya Pradesh.

Akme Fintrade (India) Limited has been an Oikocredit partner since 2017.