CURRENT STATUS – EXITED
TVS Credit is a non-banking financial company (NBFC) which provides two-wheeler loans, used car loans, three-wheeler loans, tractor loans, commercial vehicle loans, business loans, and consumer durable loans. TVS Credit was started post the delisting and discontinuation of TVS Finance & Services as TVS Motor realized the importance of having an “in-house” financier that would help drive sales of its motorbikes.
As a part of the $8.5 billion TVS Group, they have inherited a legacy of trust, value, and service. They empower Indians from various socio-economic backgrounds with multiple financial products that serve their needs. In doing so, they further the cause of financial inclusion. They have reached AUM of INR 25,900 crore in FY24, up by 26% on a YoY basis.