In the ever-evolving landscape of Indian financial services, Criss Financial stands as a beacon of reliability and innovation. With three decades of expertise in lending and a robust portfolio of investment products, they’ve established themselves as a trusted name in the financial sector.
A Legacy of Financial Excellence
Founded in 1992, Criss Financial has grown from a modest lending institution to a comprehensive financial solutions provider. Their journey took a significant leap forward when they became a subsidiary of Spandana Sphoorty Financial Limited (SSFL) in December 2018, strengthening their capital base and expanding their operational capabilities.Robust Portfolio Management and Performance
Current Financial Highlights
- Assets Under Management (AUM): ₹774 crore
- Profit After Tax (FY24): ₹33.49 crore
- Capital Adequacy Ratio: 33.15%
- Impressive Asset Quality:
- GNPA: 2.52%
- NNPA: 0.56%
- Interest Coverage Ratio: 1.85x
Strategic Portfolio Distribution
Their lending portfolio showcases a well-balanced approach:- Individual Loans: 89.38% – Demonstrating strong retail focus
- Loan Against Property: 9.04% – Offering secured lending options
- Nano Enterprise Loans: 1.68% – Supporting small businesses
Investment Opportunities: Non-Convertible Debentures (NCDs)
Criss Financial has expanded its offerings to include attractive investment options through NCDs, providing investors with:Key Benefits
- Competitive yields with regular payout options
- Monthly/quarterly interest payment flexibility
- Asset-backed security for reduced investment risk
- Transparent and structured repayment terms
Investment Features
- Flexible tenure options to suit various investment horizons
- Professional portfolio management
- Backed by strong institutional support
- Regular income stream through fixed interest payments
Comprehensive Financial Solutions
Lending Solutions
- Personal Loans
- Customized solutions for individual needs
- Quick processing and disbursement
- Flexible repayment terms
- Loans Against Property
- Competitive interest rates
- Higher loan amounts
- Extended repayment tenure
- Nano Enterprise Loans
- Supporting small business growth
- Specialized offerings for entrepreneurs
- Quick turnaround time
Technology and Innovation
Criss Financial embraces digital transformation to enhance:- Customer experience through streamlined processes
- Operational efficiency
- Risk management capabilities
- Service delivery standards
Strong Foundation
With a substantial borrower base of 1.91 lakh customers, Criss Financial continues to strengthen its market position through:- Robust risk management frameworks
- Strong corporate governance
- Customer-centric approach
- Strategic partnerships and institutional backing
Why Choose Criss Financial?
- Three decades of proven expertise in financial services
- Strong parentage with SSFL backing
- Diverse product portfolio catering to various needs
- Impressive financial metrics indicating stability
- Customer-first approach with digital innovation
- Transparent and ethical business practices
Final Thoughts
In an investment landscape where finding the perfect balance between returns and reliability can be challenging, Criss Financial emerges as a beacon of opportunity. Their NCDs represent more than just a fixed-income investment – they’re a gateway to participating in India’s dynamic financial services sector while supporting sustainable lending practices. As India’s financial landscape continues to evolve, Criss Financial’s strategic focus on digital transformation and deep understanding of grassroots lending needs sets them apart. With their impressive track record spanning three decades, strong financial metrics, and the institutional backing of Spandana Sphoorty Financial Limited, Criss Financial’s NCDs offer investors a unique combination of:- Attractive yields backed by a robust business model
- The security of institutional-grade risk management
- An opportunity to support financial inclusion across India
- Regular, predictable returns through structured payouts
