Incorporated in 1993, Aye Finance Limited is a non-banking financial company (NBFC) engaged in providing secured and unsecured small business loans primarily to micro-scale MSMEs. The company offers working capital finance, including mortgage loans, Saral Property Loans, and secured and unsecured hypothecation loans.

Aye Finance caters to businesses operating in the manufacturing, trading, services, and allied agriculture sectors, offering loans for business expansion backed by working assets or property.

As of September 30, 2024, the company served 508,224 active customers across 18 states and three union territories, with a significant assets under management (AUM) base.

The company follows a ‘phygital’ operating model, combining personalized customer engagement through 499 branches with advanced digital capabilities to deliver scalable and efficient financial solutions across India.

Product Offerings:

• Mortgage Loans
• Saral Property Loans
• Secured Hypothecation Loans
• Unsecured Hypothecation Loans

Employee Strength

The company had 8,388, 5,684, 6,825, 5,724, and 4,837 full-time employees during the six months ended September 30, 2024, September 30, 2023, and for FY2024, FY2023, and FY2022, respectively.

Competitive Strengths

• Leading lender of small-ticket loans to micro-scale MSMEs with comprehensive product offerings and focus on a large, underpenetrated total addressable market (TAM)
• Strong sourcing capabilities supported by a diversified pan-India presence and high customer retention
• Effective and disciplined underwriting methodology
• Robust, multi-tiered collection infrastructure
• Technology-driven operations enhancing scalability and resilience
• Access to a diversified lender base enabling cost-effective financing
• Experienced and professional management team backed by marquee investors and a committed employee base