Propelling the Financial Upliftment of India's Emerging Middle Class
About InPrime Finserv
InPrime Finserv is a PSL (Priority Sector Lending) lender with a mission to “Propel Financial Upliftment of India’s Emerging Middle Class.” Our focus is on providing essential financial services to the “Prime” segment of India’s informal economy, encompassing around 50 million households with an annual credit need of Rs. 5 Lakh Crores. These households are defined by their growth mindset, transition towards a less cash-dependent economy, and gradual adoption of digital technologies, along with a proven credit and financial track record.
As a priority sector lender, our goal is to identify and support this emerging segment by offering customized financial products tailored to their evolving needs. By adopting a hybrid approach, we blend the strengths of traditional lending with modern practices centered on data, digital technology, and innovation. This strategy aims to deliver superior financial and non-financial value, with a strong emphasis on customer connection, engagement, and risk management.
InPrime’s lending process combines thorough field assessments with analysis of customers’ digital footprints to comprehensively evaluate needs, creditworthiness, and risk profiles. We prioritize a customer-centric approach, ensuring a seamless onboarding experience and swift turnaround times. Our offerings include multiple repayment channels and a gamified financial and digital literacy program to promote self-service and empowerment.
InPrime Finserv is a brand owned by STK Credit Private Limited, a Non-Banking Financial Company (NBFC) headquartered in Bangalore.
About STK Credit Private Limited
STK Credit Private Limited is a registered NBFC (Non-banking Financial Company, Non-deposit taking) with RBI (Reserve bank of India).
Date of Incorporation: 08 December 2021
CIN No: U65990KA2021PTC155348
NBFC Registration No: N-02.00356
Date of NBFC Registration: 12 April 2023
OUR APPROACH
Customer
Centricity
- Adopt DNA of Consumer internet company
- Power in the hand of customers
- Transparency
- Accountability
Objective Risk
Management
- Adopt Best practices of financial institutions
- Data led approach
- Scalable & objective underwriting model
- Robust operational risk framework
DigiCal
Ecosystem
- Digital first approach combined with physical intervention wherever needed
- Onboarding, underwriting & collection to have synchronized online & offline capabilities
“Reserve Bank of India neither accepts any responsibility nor guarantees the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for discharge of any liability by the company.”
“Neither there is any provision in law to keep, nor does the company keep any part of the deposits with the Reserve Bank of India and by issuing a Certificate of Registration to the company, the Reserve Bank of India, neither accents any responsibility nor guarantees the payment of deposits to any depositor or any person who has lent any sum to the company.”