KPB Fincare is India’s first fully paperless and cashless microfinance institution. Across the first set of 20 branches in Kerala, in addition to targeted impact funding, we are taking our customers to the next generation of banking – by making them operate in the digital banking domain confidently and comfortably.
Every single loan is disbursed into the bank accounts of the customers after a fully paperless onboarding process – which involves tab based e-KYC and e-sign. Similarly our customers does repayments mostly by transferring the money into the company bank accounts, making our branches completely cashfree.
KPB Fincare is a fully owned subsidiary of KPB Holdings Ltd, a financial holding company having several other financial establishments.
The first branch of KPB Fincare (P) Ltd., - a fully owned subsidiary of KPB Holdings Ltd. - India’s first Cashless and Paperless Micro Finance Company, was inaugurated at Kottarakkara, Kerala on 25th Mar’17 by Shri. Sethumadhavan - Akhila Bharatheeya Karyakarini Amantrit Sadasya , Shri PEB Menon - Pranth Sangh Chalak, Shri Divakaran - Jilla Sangh Chalak, Shri Harikrishnan- Pranth Pracharak, Shri TS Jagadeesan- MD KPB Nidhi Ltd, Shri Rajan Nair- MD Poyilakkada Fisheries Pvt. Ltd. & Director KPB Nidhi Ltd., Shri Vinu Krishnan- MD KPB Fincare (P) Ltd., Shri Jaikrishnan G -Director KPMG.