• 178.8 million
    1.3 million
    137.2
    0.0
    216.3 million
    0
Mission:
1)To improve quality of life (2)by increasing total household asset value (3)of those who are not effectively serviced by the formal financial sector (4)by providing transparent and trustworthy access (5)to financial and other relevant products and services (6)by deploying cutting edge ... Read more
Background and Main Challenges: 
The company has been floated for the purpose of extending micro credit to people who are otherwise unable to access finance from the mainstream banking channels. The alternate source for such people normally is the private money lenders whose rates of interest ranges anywhere from 30% to ... Read more
Address: 
4th Floor, Temple Tower, 672, Anna Salai, Nandanam
Chennai
Tamil Nadu
600035
India
Phone: 
+91 44 4299 5000
Fax: 
+91 44 4299 5050
Email: 
customervoice [at] equitas [dot] in
Website: 
Main Funding Sources: 
Loans
Shareholder Capital
Products and Services: 
Loans
Insurance
Products: 
a) Micro Finance Loans – 1st Cycle - Loan Amount - Rs.15,000/- - Loan Amount - Rs.12,000/- - Loan Amount - Rs.10,100/- b) Micro Finance Loans – 2nd & 3rd Cycle - Loan Amount - Rs.15,000/- - Loan Amount - Rs.12,000/- - Loan Amount - Rs.10,100/-
Services Provided: 
Full-scale Financial Services
Looking for (Investment Types): 
Equity
Loans in Local Currency
% Operations Comprised by MF: 
91 - 100
Date established: 
Jun 22 2007
FYE: 
31-Mar
Regulated: 
yes

Partnerships

Current
Name Relationship
Crisil Rating
MFIN Network Affiliation
MicroVentures Funding
MicroVentures Funding
MicroVentures Italy Funding
Oikocredit Funding
Unitus Network Affiliation

Related Organizations

Current
Name Relationship
BWTP Network Affiliation
MFIN Network Affiliation
SA-DHAN Network Affiliation
Smart Campaign Endorsement

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • H. Mahalingam
    CTO
    mahalingamh [at] equitas [dot] in
    +91 44 4299 5004
  • KP Venkatesh
    Group President - Operations
    venkateshkp [at] equitas [dot] in
    +914442995013
  • PN Vasudevan
    CEO
    vasudevanpn [at] equitas [dot] in
    -42994954
  • S Bhaskar
    COO
    bhaskars [at] equitas [dot] in
    +91 44 4299 5002
  • VM Peter Raj
    peterrajvm [at] equitas [dot] in
    +91 44 4299 5010