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A legacy of trusted financial services, trusted by countless individuals for over 40+ years.

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About Us

NTC Finance (P) Ltd is a well-established Non-Banking Financial organization incorporated as a Private Limited Company under the Companies Act 1956 and regulated by Reserve Bank of India. NTC has pioneered financing & money lending Industry for last four decades. From a modest beginning as a small scale money lending company, NTC has emerged as a prominent name in the finance sector and earned trust of its patrons all across the segments. With strategic and innovative financial products NTC is playing a crucial role in sustainable growth of Indian economy.

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Our Vision

Our vision is for every individual and business by providing them with financial solutions that are suitable to their unique needs. We believe in the power of dreams and our mission is to turn them into reality and creating value for our customers, employees, and partners.

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Our Mission

To empower Indians to dream bigger, secure in the knowledge that we are partners in the fulfilment of their aspirations.

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Our Values

At NTC Finance, we hold ourselves to the highest standards of professionalism and ethics. Our core values of Trust, Commitment, and Excellence guide us in everything we do.

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Our Team

Our team is our greatest asset. Comprised of seasoned financial experts, our team brings a wealth of knowledge and experience to the table. We work together to provide our clients with innovative financial solutions that help them achieve their financial goals

100

K+

Customers Served

Our Commitment

We are committed to providing our clients with exceptional service. We understand that every client is unique and we strive to meet their individual needs. Our commitment to our clients is unwavering and we always put their interests first.

More About Us

The Company was originally incorporated in 1984 with the name Ajit Leasing and Finance (P) Ltd with Regd Office at Jalandhar in the State of Punjab, under the Registrar of Companies, Punjab.

In the year 2016, the Regd office of the Company was changed from Jalandhar to Vazhappully Trade Centre, Thrissur in the State of Kerala. Again, the Regd Offfice shifted from Vazhappully Trade Centre to 17/790 C, New Trichur Bhavan, Kandassankadavu, Thrissur in 2018.

The Name of the Company was changed from Ajit Leasing and Finance (P) Ltd to NTC Finance (P) Ltd with effect from 15.03.2018 with the approval of Registrar of Companies, Ernakulam.

The Company opened its first branch on May 2, 2018 in Ponnani, Malapuram District. Today, the Company operates 40+ branches across Thrissur, Malappuram, Palakkad, Ernakulam, Idukki and Coimbatore, all of which are profitable. NTC Finance (P) Ltd has a "BB- STABLE" credit rating from the credit rating agency CARE.

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Varghese Jose T (Biju)

Managing Director's Message


With immense delight and satisfaction I would like to announce that NTC Finance (P) Ltd is stepping into its fourth decade of operations. Of course such a successful journey wouldn’t have been possible without the support of patrons who believed in our business ethics. That confidence is encouraging us to set higher goals for the years ahead.

We are the forerunners of this belief right from the beginning. Moreover, NTC Finance (P) Ltd strongly believes in the profound values of integrity, honesty and humility.

From 2018 with blessings of our ever encouraging patrons we could expand our business rapidly by becoming an important player of the finance sector in Kerala and Tamilnadu. Currently we have 40+ profitable branches in Thrissur, Malappuram, Palakkad, Ernakulam, Idukki and Coimbatore.

With the credit rating of “BB- stable” issued by the credit rating agency 'CARE', our methodology is to adhere to the best practices in terms of product offerings, service levels, risk management, audit and compliance. We are committed while ensure the highest levels of ethical standards, professional uprightness, corporate governance and regulatory compliance.

Progress for me has never been a dream. It has always been a distant reality and once one milestone is achieved, there is always another one waiting to be crossed. It is with this belief that we aim to increase the turn over by 100% and to expand company’s presence into more feasible locations. Almost instantly, NTC Finance (P) Ltd became a prominent name in its business segment, but like every entrepreneur sticks to their dream, we always wanted to push our company to more prosperous milestones.

Our Directors

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Varghese Jose T (Biju)

Chairman and Managing Director

He has 36 years of experience in the financial segment. At present he is in the management team of the following financial companies.

  • Managing Director (From the year 2005) - The New Trichur Company (P) Ltd, a private limited company incorporated in the year 1960 under the Companies Act 1956.
  • Chairman and Managing Director (From the date of incorporation, ie.2013) - New Trichur Chits India (P) Ltd, a private limited company incorporated in the year 2013 under the Companies Act 1956.
  • Chairman and Managing Director (From the date of incorporation, ie.2013) - Finsound Consultancy and Management Services (P) Ltd, a private limited company incorporated in the year 2013 under the Companies Act 1956
  • Chairman and Managing Director (From the date of incorporation, ie.2014) - New Trichur Suhurutham Chits Kerala (P) Ltd, a private limited company incorporated in the year 2014 under the Companies Act 1956
  • Chairman and Managing Director (From the date of incorporation, ie.2014) - NTC Nidhi Ltd, a public limited company incorporated in the year 2014 under the Companies Act 1956
  • Designated Partner - NTC Management Solutions LLP

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Sindhu Unnikrishnan

Director and General Manager (Finance)

She has 27 years of experience in the financial segment. She is also a Director of the following companies

  • The New Trichur Company (P) Ltd
  • New Trichur Chits India (P) Ltd
  • Finsound Consultancy and Management Services (P) Ltd
  • NTC Nidhi Ltd
  • New Trichur Suhurutham Chits Kerala (P) Ltd

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Boban.K.A

Director

He has 41 years of experience in the financial segment. He is holding the position of Chairman of The New Trichur Company (P) Ltd, since 2012. He is also a Director of the following companies

  • New Trichur Chits India (P) Ltd
  • New Trichur Suhurutham Chits Kerala (P) Ltd
  • Finsound Consultancy and Management Services (P) Ltd
  • NTC Nidhi Ltd

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Rose.T.V

Director

She has 10 years of experience in the financial segment. She is also a Director of the following companies

  • The New Trichur Company (P) Ltd
  • New Trichur Chits India (P) Ltd
  • Finsound Consultancy and Management Services (P) Ltd
  • NTC Nidhi Ltd
  • New Trichur Suhurutham Chits Kerala (P) Ltd

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C.A.Sivadas Chettoor

Independent Director

He has 39 years of Experience in Audit of various Nationalised Banks and Scheduled Banks, Private Limited and Public Limited companies, Partnership Firms, Public Sector Undertakings, Government Departments, Trusts, Insurance company and other entities.

  • Experienced in Direct and Indirect tax consultancy, planning and representations before various Appellate Authorities of various levels.
  • Past President of Palghat Management Association.
  • Past Member of Institute of Directors, New Delhi.
  • As Visiting Lecturer in Calicut University, Calicut, Victoria College, Palakkad, Mahatma Gandhi University, Kottayam, Amrita Business School, Cochin and in other various private educational institutions.
  • Contributed articles on taxation and law etc in leading publications
  • Regular speaker on topics of Direct/Indirect taxation and other business laws.
  • Associated with Charitable activities.

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A.Purushothaman

Independent Director

He has 34 year's of experience in Management cadre with State Bank of India (SBI), the nation’s premier banking institution

  • Wide range of experience in commercial banking especially investment banking, corporate credit, treasury, risk management, NPA management, retail banking, IT, marketing of financial services and management.
  • He had completed a three year assignment with Govt of Kerala as Managing Director, Kerala State Financial Enterprises Ltd (KSFE Ltd), an NBFC, owned 100% by Govt of Kerala, set up in 1969 to conduct chit fund business in a transparent manner.
  • General Manager (Rupee Market), in Global Market SBI
  • He was also managing the Regulatory requirements of the Bank and trading and investment books of the Bank in respect of equity portfolio, bond (SLR and Non SLR) portfolio and rupee derivatives portfolio.
  • He was the Secretary of Corporate Centre Investment Committee (CCIC) and member of the Investment Committees of two major Private Equity/ Venture Capital Funds.
  • Nominated member of the Working Group on Financial Markets set up by International Banking Federation (IBFed, London).
  • Nominated member of the Oversight Committee of FBIL (Financial Benchmarks India (P)Ltd).
  • Nominated member of the Working Group on Financial Markets set up by International Banking Federation (IBFed, London).
  • He had served in the capacity of Chief Executive Officer, State Bank of India (SBI), Tel Aviv –Israel- (August 2010 – Sept 2014), Sr VP & Chief Investment Officer (April 2008 – Aug 2010), Profit Centre Head -Commercial Banking (May 2006 – April 2008), Profit Centre Head – Retail Banking (May 2004 – May 2006), Key Roles in SBI Gilts Ltd- Primary Dealership arm of SBI( March 1998 – May 2004).
  • He had distinctively handled the additional responsibility of Guest Faculty at: RBI, (BTC), Mumbai, NABARD, Mumbai, Nedungadi Bank, Calicut, SHCIL, Mumbai.
  • He had Contributed many articles in the leading dailies and magazines on Securities Market/Risk Management/Chit funds in India.