The Movement For Financial Inclusion
Where Empathetic Lending is the Guiding Principle
Namdev Finvest Private Limited is registered under the Companies Act 1956 and the Companies Act 2013 vide CIN# U65921RJ1997PTC047090. Namdev is a Reserve Bank of India (RBI) registered Non deposit Taking Non Banking Finance Company under the category Investment and Credit Company (ICC) vide registration no B-10.00260.
Namdev started operations under the Leadership of Jitender Tanwar since 2013. Jitendra is first generation entrepreneur started his entrepreneurial journey at young age and built his career in rural financing. During the journey he identified challenges faced by MSME customers for financing needs. This gave birth to the idea of Namdev, an NBFC, to give easy accesses to financing needs of under-served or unserved entrepreneurs which has great potential of growth and also the largest employment generator in rural and semi urban locations.
Namdev believe that whether you take loan for livestock or sugarcane crushing machine or spinning lathe for your business – you are essentially making an investment in your dream of improving the living standard of your family and building your community.
Namdev aim to support and create enabling opportunities for MSME businesses as they are key to transform rural India or Bharat -where the majority of Indians live.
Namdev is headquartered in Jaipur with branch network in Rajasthan, Gujarat and Punjab. Namdev is into Secured MSME lending, Two Wheeler financing, etc. Namdev offers loans for income generating assets which creates a financial discipline and enhances the livelihoods for borrows. Namdev caters to customers in rural and semi-urban locations helping customers realise their entrepreneurial dreams.
Namdev is offering solutions to challenges faced by borrowers due to inadequate documentation. Namdev has addressed this challenge and evolved proprietary credit rating and collateral assessment model. Namdev proprietary model is the foundation for credit underwriting processes, collection process which helps Namdev to serve customers across similar markets in India.
Namdev empathetic yet efficient processes have helped build financial discipline amoung the customers and helped them improve their livelihoods. The process helps Namdev to keep the collections amongst the best in the industry and earn the trust and goodwill of lenders and investors.
We are here to serve you because no dream is ever small…
Namdev vision is to be the lender of choice for families and MSME businesses in rural and semi-urban markets and become a change-agent for those at the bottom of the financial pyramid. Namdev seek to: Serve the financially underserved with empathy and human touch. Become a one-point solution provider by offering customised financial solutions
Namdev mission is to gain a deeper understanding of specific customer segments and fulfil their financial needs, through customised products and simple processes. To become the national and global leading institution of customer choice.
Board of Directors
P H Ravikumar
Mr PH Ravikumar has over four decades experience in financial services sector across banking, non-bank finance segment, microfinance, exchanges, stressed assets and mutual funds. He started his career with Bank of India. He moved in 1994 as a core member of the team to set up and grow ICICI Bank.
Hemant Kaul, Executive Director, Axis Bank, was done most successful rebranding exercises in the financial sector from UTI Bank as Axis Bank. Mr Kaul was the longest-serving retail head of any bank in the country. He was key member and a change leader in the bank driving its retail expansion strategy.
Investor Nominee Director
Aditya joined Incofin in 2009 and co-heads Incofin’s Asia investment portfolio. He is involved with both debt and equity investments and specialises in deal sourcing and investment value-creation. Aditya has over fifteen years of experience spread across investment management, investment banking and corporate finance. His professional repertoire includes working with Aavishkaar Venture Capital, Goldman Sachs & Standard Chartered Bank. Aditya is a chartered accountant.
Jitendra Tanwar is the Managing Director & CEO of the Company. He is a postgraduate by qualification. He is a first-generation entrepreneur. He has experience of more than 17+ years in Finance sector business. He is the majorly driving force behind the success of NFPL. His role includes strategy making, corporate planning and risk management. His expertise lies in loan origination, risk management and collection. He is a successful leader who channelizes his team in the best possible manner
Latika Tanwar is the Whole-time Director and Co-promoter of the company. Her qualification is MBA in finance with master’s degree in Commerce. She has 7 years of experience in this sector. She helps in promoting ethics in working environment by creating a work culture which provide a stabilized growth environment.
Dr Harsha Vardhan
Member of Advisory Board
Dr Harsh Vadhan has a PhD in Business Economics & Strategy from the Smith School of Business, University of Maryland, USA, an MBA in Finance and Banking from IIM Kolkata, and an MS in Quantitative Finance. He has worked as Senior Advisor with leading international management consulting firm, Bain & Company. He has 30 years of experience in the financial sector in India and globally.
Dr Harsh Vardhan has advised the top management of many companies in India, North America, Europe, South East Asia and Greater China, on strategy, operations, organisation, risk management, etc. He has worked extensively on corporate finance including mergers and acquisitions, alliance structuring and negotiations, valuations, review of major investment decisions for private equity and strategic investors, strategic due diligence, and more.
Rakesh Kumar Siani
National Credit Head- Vehicle Finance
Dinesh Chandra Saxena
Collection Head Two Wheeler
CBO- Two Wheeler
Regional Sales Head MSME
Rash Bihari Sharma
Chief Financial Officer
Sr. Compliance Manager
State Head- LCV
Vijay Pal Singh Shekhawat
State Credit Head- MSME