In 1996, Mr. Sathya shankar read the writing on the wall with the fact that on one side there were more drivers from the neighboring areas seeking banks to lend loans to buy pre-owned vehicles and on the other side the banks within the purview of their banking protocols had no policies to issue any loans for such needs. Thus it paved way for the inception of Praveen Capitals.
The company is registered with RBI as Non Banking Finance Company (NBFC) engaged in financing of Automobiles (Pre-owned Light Motor Vehicles) in the Southern region of the country. The automobile finance chiefly includes financing of Commercial Vehicles, cars, Tractors, Three Wheelers & Two wheelers and mortgages loan against land and building.
Today Praveen Capital PVT. LTD. is one of the significant players in automobile finance sector in the state of Karnataka with an extensive network of nine branches. The head office is situated at Puttur.
Quick approvals on vehicle loan, land loan and gold loan with attractive interest rates and easy documentation.
Whatever is your dream new business, growth, or status get on to the highway of success. Whether it is a three wheeler, a car, or a commercial or utility vehicle just choose the make, model, and color and leave the financing to us. We are, today one of the most trusted name in Land, Gold and Auto Financing. Make your dreams come true with our assistance. We shall be happy to help you.
Praveen Capital Private Limited is one of the most risk averse NBFCs in the market catering to the customers requirements- finance for new and used vehicles. Our superior services are spread across the areas of Puttur, Chickmagalur, Kasaragod, Mangalore, Sullia, Udupi, Sirsi, Sakleshpura and Madikeri. The vast expertise, knowledge and good customer relationships has helped the company to sustain market competition from the big players. Our strong presence in the field for over a period of time has enabled us to establish a strong foothold and we aim to continuously provide our customers with premium service and exclusive benefits.
Asst. General Manager