AKF Services Ltd. (AFSL)
AKF Services Limited (AKFL), true to the meaning of its name (‘Aspiration’ or ‘Wish’), bridges the gap between people’s aspirations, wishes, and reality. A Reserve Bank of India (RBI) registered category ‘A’ Non-Banking Finance Company – Asset Finance Company (NBFC-AFC) with rural and semi-rural financing at the center of its business model, Arman provides affordable financing with simple, no-hassle loan products. AKF and its sister concerns offer two major financial services: Two-wheeler and three-wheeler finance and Group-Based Microfinance, offered by Namra Finance Ltd – a wholly-owned subsidiary of AKF. Namra Finance is an RBI Registered NBFC-Microfinance Institution (MFI)

By enabling affordable personal mobility via two-wheeler and three-wheeler financing, Arman promises a better life to the middle-class and emerging middle-class, and helps families move up the economic ladder. By offering small ticket income generating loans to bottom of pyramid customers, it offers poor household to increase their income and drastically enhance their livelihood.

With over a decade of lending experience in Western India serving areas and clients where it is not possible for the banks to provide financial services under the current market scenario. This distinctive characteristic of the last mile credit delivery system separates Arman from a bank and/or other NBFCs.



What we are

AKF Services is a Gujarat-based nonbanking finance company engaged in providing microfinance and financing the purchase of two- and three-wheelers. AKF, the parent company, provides two and three-wheeler finance.

AKF Service, its 100% NBFC-MFI subsidiary, provides microfinance services.

Our Presence

Headquartered in Ahmedabad, the Company’s operations are spread across Gujarat and Madhya Pradesh. AKF’s 43 branches are manned by more than 370 team member serve service a client base comprising more than 100,000 customers.

The Company’s shares are listed on the Bombay Stock Exchange.

Our Vision

To attain globally best standards and become a world-class financial services enterprise – guided by its purpose to move towards a greater degree of sophistication and maturity.

Our Mission

To help those who are at the bottom of the pyramid. To work with vigour, dedication and innovation to achieve excellence in service, quality, reliability, safety and customer care as the ultimate goal. To earn the trust and confidence of all stakeholders, exceeding their expectations and making the Company a respected household name.

To consistently achieve high growth and the highest levels of productivity. To be a technology-driven, efficient and financially sound organisation. To contribute towards community development and nation-building. To be a responsible corporate citizen nurturing human values and concern for society, the environment and, above all, the people.

To promote a work culture that fosters individual growth, team spirit and creativity to overcome challenges and attain goals. To encourage ideas, talent and value systems. To uphold the guiding principles of trust, integrity and transparency in all aspects of interactions and dealings.

Our corporate values

We will adhere, individually and collectively, to our commitments, our values, and the ethical conduct of our business.

  • To our customers, we are committed to providing quality products and services that consistently represent an exceptional value and result in high customer satisfaction.
  • To the society, we are committed to improving the status of living for a large section of the population through our passion for financial inclusion.
  • To our employees, we are committed to offering a rewarding workplace that encourages mutual respect, communication, openness to challenge, and the opportunity for both personal and professional growth.
  • To our investors, we are committed to creating value and consistently delivering outstanding financial returns.