About Bansal Credits
Bansal Credits is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 1988. It provides financing for new and used commercial vehicles in India. It operates on a B2B model. The company has 116 employees. Its Indian entity Bansal Credits Limited reported revenue of ₹38.90 Cr. Bansal Credits offers products and services including Secured Loans, Unsecured Loans, eNACH Registration, and eNACH Cancellation. Its focus areas include FinTech, Lending, Vehicle Financing and Commercial Vehicles. Similar companies include Hinduja Leyland Finance, Bajaj Auto Finance and OTO; 3 of its 3 listed similar companies have raised funding.
Company details
Bansal Credits Limited, established in 1988, is an NBFC specializing in fund-based activities like vehicle financing. It provides secured loans against hypothecation of commercial vehicles and some unsecured loans. Operating from New Delhi, it serves borrowers in Northern states such as Delhi, Haryana, Punjab, Uttar Pradesh, Uttarakhand, and Rajasthan, focusing on transport businesses to enhance stakeholder value.
- Headquarters Delhi, India
- Employees 116
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website bansalcredits.com
- Legal Name Bansal Credits Limited
- Date of Incorporation 25 Apr, 1988
- Jurisdiction Delhi, India
- Annual Revenue₹38.90 Cr
FY 2025 · +8% YoY
- Net Profit₹3.13 Cr
FY 2025 · 8% margin
- EBITDA₹25.04 Cr
FY 2025 · 64% margin
- Employee Count116
Associated legal entities of Bansal Credits
Bansal Credits operates through Bansal Credits Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bansal Credits Limited CIN U65993DL1988PLC031421 | Active | 25 Apr 1988 | Delhi, Delhi | ₹38.9 Cr | 116 | 6 | View details |
Products & Services of Bansal Credits
Bansal Credits offers a comprehensive portfolio of products and services, including Secured Loans, Unsecured Loans, eNACH Registration, and eNACH Cancellation.
Loans against hypothecation of commercial vehicles
Unsecured borrowing options for various needs
Electronic mandate registration for loan repayments
Process to cancel electronic payment mandates
Board of directors of Bansal Credits Limited (Bansal Credits)
Bansal Credits Limited is the primary company behind Bansal Credits. The board of Bansal Credits Limited currently have 6 directors; the longest-serving is Kanwal Aggarwal, appointed in 1988. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kanwal Aggarwal DIN 00116159 | Managing Director | 25 Apr 1988 | 38 yrs 5 mo | Bansal Credits Limited |
| Veena Aggarwal DIN 00116271 | Whole-time director | 25 Apr 1988 | 38 yrs 5 mo | Bansal Credits Limited |
| Jeewan Aggarwal DIN 00866528 | Director | 08 Jan 1997 | 29 yrs 9 mo | Bansal Credits Limited |
| Hari Ram Gupta DIN 00116736 | Director | 08 Jan 1997 | 29 yrs 9 mo | Bansal Credits Limited |
| Vipan Kumar Aggarwal DIN 00435072 | Director | 13 Apr 2015 | 11 yrs 6 mo | Bansal Credits Limited |
| Abhishek Jain DIN 09208121 | Director | 31 May 2024 | 2 yrs 4 mo | Bansal Credits Limited |
People of Bansal Credits
1 people are tracked at Bansal Credits (1 in leadership); the tracked headcount is 116.
| Name | Role | Group |
|---|---|---|
Kanwal Agarwal | Owner | Leadership |
Complete people profiles for Bansal Credits
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- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Bansal Credits
Figures of Bansal Credits Limited, the primary company behind Bansal Credits, for FY 2025. Revenue was ₹38.90 Cr (+8% year on year). Net profit was ₹3.13 Cr (8% margin). EBITDA was ₹25.04 Cr (64% margin). Revenue has grown at a compounded annual rate of +10% over three years and +2% over five years.
- ₹38.90 CrRevenue · FY 2025 · +8% YoY
- ₹3.13 CrNet profit · 8% margin
- ₹25.04 CrEBITDA · 64% margin
- ₹4.72 CrPaid-up capital
- 116Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bansal Credits Limited are on its company page.
Detailed financial statements for Bansal Credits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
- Downloads
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Similar companies to Bansal Credits
Bansal Credits has 3 listed similar companies in our database, 3 of them funded. They include Hinduja Leyland Finance, Bajaj Auto Finance and OTO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hindujaleylandfinance.com | 2008 | Chennai, India | $276.07M | 14,664 | Vehicle and housing finance products are offered across India. | |
| bajajautofinance.com | 1987 | Pune, India | $10M | 109,163 | Auto finance loans are provided for two-wheelers, three-wheelers, and cars. | |
| otocapital.in | 2018 | Bengaluru, India | $29.66M | 229 | Two-wheeler loans are provided via a fintech platform for purchases. |
Detailed similar companies of Bansal Credits
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Verified entity values are shown only after access is granted.
Top companies in Commercial & Off-Highway Vehicles
3 companies that operate in the same segment as Bansal Credits (Commercial & Off-Highway Vehicles) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | 2022 | Chennai, Tamil Nadu, India | USD 519.2 M | USD 2.07 B | 530 | |
Develops innovative GPS tracking technologies for fleet operators. | 2000 | Valsad, Gujarat, India | ||||
Lynkit develops telematic systems for enterprise fleet tracking. | 2017 | Delhi, Delhi, India | USD 2.06 M | 100 |
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Frequently Asked Questions about Bansal Credits
Bansal Credits was founded in 1988.
Bansal Credits is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Bansal Credits has 116 employees.
The primary company behind Bansal Credits, Bansal Credits Limited, reported revenue of ₹38.90 Cr for FY 2025, up 8% year on year.
Bansal Credits Limited, established in 1988, is an NBFC specializing in fund-based activities like vehicle financing. It provides secured loans against hypothecation of commercial vehicles and some unsecured loans. Operating from New Delhi, it serves borrowers in Northern states such as Delhi, Haryana, Punjab, Uttar Pradesh, Uttarakhand, and Rajasthan, focusing on transport businesses to enhance stakeholder value.
Bansal Credits's top competitors include Hinduja Leyland Finance, Bajaj Auto Finance and OTO.
Bansal Credits offers Secured Loans, Unsecured Loans, eNACH Registration, and eNACH Cancellation.
Bansal Credits operates through Bansal Credits Limited.
The legal entities of Bansal Credits currently have 6 directors, including Jeewan Aggarwal, Hari Ram Gupta, Kanwal Aggarwal and others.