Nalin Lease Finance LtdBOM 531212 Stock Report

Nalin Lease Finance Ltd. engages in the provision of financial services for auto vehicles. The company is headquartered in Himatnagar, Gujarat. The firm provides a wide range of fund-based services including gold loans, vehicle loans, and business loans. The firm is engaged in financial leasing and loan (financing) against the collateral of gold jewelry. The company offers loans against gold jewelry to small businessmen, vendors, traders, farmers, and salaried people. The company provides financing against two-wheelers in the Sabarkantha, Arvalli, Mehsana, and other near districts. The firm also operates as an investment company and performs and undertakes the business activities pertaining to leasing giving on hire-purchase all forms of movable and immovable properties and assets and to underwrite. The firm enables its customers to draw instant cash by pledging their gold ornaments and jewelry with various interest rates. The ornaments are stored in fireproof and burglary-proof vaults under 24x7 electronic surveillance.