Dhansafal Finserve has entered into a strategic co-lending partnership with Vastu Finserve India, a wholly owned subsidiary of Vastu Housing Finance Corporation Limited, to offer secured MSME and business loans across emerging markets in India.
The agreement, valued at Rs 75 crore, is aimed at strengthening financial inclusion and enabling affordable credit for underserved customers, particularly in Tier 2 and Tier 3 cities.
This collaboration aligns with Dhansafal’s mission to bridge credit gaps through innovative and transparent lending practices. Dhansafal, a digitally driven Non-Banking Financial Company (NBFC) registered with the RBI, provides a diverse range of credit solutions, including working capital loans, MSME loans, and loan against property, catering to the evolving needs of India’s entrepreneurial landscape.
Ankur Agrawal, Managing Director, Dhansafal Finserve, stated, “This partnership reinforces our long-term vision of being a trusted and impactful financial partner, supporting sustainable growth across India.”
Kshitij Grover, Chief Financial Officer, Vastu Finserve India, commented, “Our differentiated, tech-driven approach, powered by digital channels and data analytics enables us to deliver seamless and affordable credit solutions. We are excited to partner with Dhansafal under the co-origination (CLM 1 model) framework prescribed by the RBI to extend our mortgage lending capabilities to a broader customer base.”
The collaboration will integrate Dhansafal’s customer sourcing capabilities with Vastu’s underwriting expertise and digital infrastructure to deliver timely credit solutions. By leveraging technology, market insights, and a responsible lending approach, the partnership aims to empower small businesses and MSMEs with faster and more accessible credit options.
This development underscores Dhansafal’s continued commitment to fostering financial inclusion, transparency, and customer-centric solutions in the Indian lending ecosystem.
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