CELEBRATING 25 YEARS OF EXCELLENCE IN BUSINESS - എല്ലാവര്ക്കും ഒരു ശുഭദിനം ആശംസിക്കുന്നു - Wishing everyone a great day


Company Profile

Fraternal Credit and Financial Services Limited is an A Grade Non-Banking Finance Company (NBFC), registered with the Reserve Bank of India and classified as an Asset Finance Company (AFC).  The Company was incorporated in the year 1994 and since then, it has been catering to the financial needs of vehicles, mainly concentrating on used vehicles by providing financial assistance (Hire Purchase) to those who do not have access to mainstream banks. The Company believes that financial support to the economically weaker sections of society will definitely help spur their socio-economic growth. Accordingly, the company decided to provide financial assistance to those operating Autorickshas, Taxis, Vans, Contract Carriages and Goods Carriages etc. and to those who mainly rely on the used vehicle market for their needs. The company is very keen to provide excellent services with integrity and dedication.  The Company’s vision is to emerge as key player in the used vehicle finance market by opening more branches across Kerala to serve its customers. 


Services

Hire Purchase loan for all types of new/used vehicles.
We are focusing mainly on the financial needs of used vehicles, although we will provide loans up to 70% of the value of new vehicles at attractive interest rates and easy EMIs. For more details, please get in touch with our office by Phone: 0480-2827520/2831520 Irinjalakuda or 0480-2808077 Kodungallur or email at: fraternalcredit@gmail.com and fcfskdr@gmail.com.


Repayment

You can easily repay EMI directly to either of our offices or by RTGS/NEFT from any banks and AWB (Any Where Banking) through The Federal bank Limited to our Current Accounts with the Federal Bank Limited, Irinjalakuda branch for our Irinjalakuda office Customers or with The Federal Bank Limited, Kodungallur branch for our Kodungallur office Customers respectively.  For more Bank details, please contact with our respective offices at Phone: 0480-2827520/2831520 Irinjalakuda or 0480-2808077 Kodungallur or e mail at:  fraternalcredit@gmail.com and fcfskdr@gmail.com

Our Strengths

  • 25 Years of experience and service.
  • Quick processing of loan applications.
  • Personalised services.
  • Impeccable reputation.


We provide

  • Loans for purchase of all kind of vehicles, both old and new.
  • Commercial vehicle finance for taxi/tour operators, and transport services.
  • Finance schemes for earth moving equipment such as JCB, Tipper, Loader etc.

Interest Rate

  • For second-hand (used) vehicles rate of interest varies from 10% to 18% per annum and for new vehicles rate of interest varies from 10% to 14% per annum. Click for further details.......