1962 1964 1966 1968 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 2026 LOANS AGAINST ITS ASSETS TODAY'S PEOPLE, WHEN THEY JOINED Registered as a company Magma Leasing Limited, up to ₹0, 11 Sept 1999 to 21 May 2005 Citi Bank Na, up to ₹0, 12 Dec 2002 to 7 Jan 2004 United Bank of India, up to ₹2.57 crore, 6 Sept 2003 to 27 Jan 2012 Magma Leasing Limited, up to ₹1.29 crore, 23 May 2005 to 8 Jan 2011 United Bank of India, up to ₹2.6 crore, 7 Sept 2005 to 29 Dec 2010 Magma Shrachi Finance Limited, up to ₹30 lakh, 14 Aug 2007 to 8 Jan 2011 Axis Bank Limited, up to ₹3.5 lakh, 5 Nov 2008 to 7 Aug 2014 Axis Bank Limited, up to ₹16.5 lakh, 22 Feb 2010 to 7 Aug 2014 HDFC Bank Limited, up to ₹21.55 lakh, 27 Feb 2010 to 8 Mar 2013 L & T Finance Limited, up to ₹56.25 lakh, 3 Aug 2010 to 7 Mar 2012 Magma Fincorp Limited, up to ₹3 crore, 28 Dec 2010 to 2 Mar 2012 L & T Finance Limited, up to ₹55.6 lakh, 26 Sept 2011 to 7 Mar 2012 L & T Finance Limited, up to ₹6 crore, 17 Jan 2012 to 17 Feb 2016 Kotak Mahindra Bank Limited, up to ₹25.7 lakh, 11 Jun 2012 to 15 Sept 2015 Reliance Capital LTD, up to ₹23 lakh, 1 Oct 2012 to 27 Jul 2016 United Bank of India, up to ₹37.5 lakh, 20 Mar 2013 to 22 Jul 2016 Reliance Capital LTD, up to ₹24.37 lakh, 21 Mar 2013 to 27 Jul 2016 Reliance Capital LTD, up to ₹24.37 lakh, 21 Mar 2013 to 20 May 2013 Indusind Bank, up to ₹10 lakh, 10 Dec 2013 to 4 Dec 2017 Indusind Bank, up to ₹10 lakh, 10 Dec 2013 to 4 Dec 2017 Reliance Capital LTD, up to ₹14.2 lakh, 31 Dec 2013 to 29 Nov 2017 India Infoline Housing Finance Limited, up to ₹4.87 crore, 31 Mar 2014 to 20 Jan 2015 Reliance Capital LTD, up to ₹64 lakh, 27 Sept 2014 to 5 Mar 2018 Union Bank of India, up to ₹6.78 crore, 4 Feb 2015 to 13 Sept 2023 Union Bank of India, up to ₹1 crore, 9 Mar 2015 to 23 Feb 2017 Reliance Capital LTD, up to ₹35 lakh, 28 Jan 2016 to 25 May 2023 Reliance Home Finance Limited, up to ₹2 crore, 28 Mar 2016 to 27 Oct 2016 Aditya Birla Finance Limited, up to ₹15.46 crore, 28 Oct 2016 to 5 Jul 2024 Indusind Bank Ltd., up to ₹8 lakh, 13 Feb 2017 to 11 Oct 2022 Indusind Bank Ltd., up to ₹8 lakh, 13 Feb 2017 to 11 Oct 2022 Union Bank of India Limited, up to ₹1.3 crore, 24 Feb 2017 to 26 Feb 2020 Reliance Commercial Finance Limited, up to ₹61 lakh, 27 Dec 2017 to 19 May 2023 Reliance Commercial Finance Limited, up to ₹47 lakh, 26 Mar 2018 to 19 May 2023 Kotak Mahindra Bank Limited, up to ₹25.27 lakh, 22 Nov 2018 to 19 Dec 2022 Tata Capital Financial Services Limited, up to ₹34.75 lakh, 25 Sept 2019 to 8 Apr 2025 HDFC Bank Limited, up to ₹22.5 lakh, 30 Nov 2019 to 28 Aug 2024 HDFC Bank Limited, up to ₹7.5 lakh, 13 Feb 2020 to 28 Aug 2024 HDFC Bank Limited, up to ₹2.63 crore, 27 Feb 2020 to 3 Jun 2023 HDFC Bank Limited, up to ₹2.63 crore, 28 Feb 2020 to 3 Jun 2023 HDFC Bank Limited, up to ₹6.6 lakh, 23 Jun 2020 to 28 Aug 2024 Aditya Birla Finance Limited, up to ₹2.64 crore, 21 Jul 2020 to 5 Jul 2024 Aditya Birla Finance Limited, up to ₹90 lakh, 6 Dec 2021 to 5 Jul 2024 ICICI Bank Limited, up to ₹6.1 crore, 21 Feb 2022 to 3 Apr 2024 HDFC Bank Limited, up to ₹33 lakh, 8 Sept 2022 to 19 Aug 2026 ICICI Bank Limited, up to ₹1.7 crore, 21 Oct 2022 to 26 Mar 2024 HDFC Bank Limited, up to ₹9.19 lakh, 28 Oct 2022 to 19 Aug 2026 Union Bank of India, up to ₹4.48 crore, 30 Nov 2022 to 13 Sept 2023 Tata Capital Financial Services Limited, up to ₹1.03 crore, 29 Dec 2022 to still open Kotak Mahindra Bank Limited, up to ₹16.41 lakh, 10 Apr 2023 to still open Kotak Mahindra Bank Limited, up to ₹47.88 lakh, 6 May 2023 to still open Tata Capital Financial Services Limited, up to ₹8.5 crore, 14 Jun 2023 to 8 Apr 2025 Kotak Mahindra Bank Limited, up to ₹24.14 lakh, 31 Jan 2024 to still open Kotak Mahindra Bank Limited, up to ₹11.9 lakh, 24 Apr 2024 to still open The Federal Bank Ltd., up to ₹42 lakh, 25 Apr 2024 to still open Kotak Mahindra Bank Limited, up to ₹1.18 crore, 29 May 2024 to still open HDFC Bank Limited, up to ₹36.85 crore, 19 Jun 2024 to still open HDFC Bank Limited, up to ₹5 crore, 30 Jul 2024 to 19 Aug 2025 The Federal Bank Ltd., up to ₹14.25 lakh, 4 Sept 2024 to still open Profectus Capital Private Limited, up to ₹79 lakh, 23 Dec 2024 to still open Profectus Capital Private Limited, up to ₹72 lakh, 28 Feb 2025 to still open HDFC Bank Limited, up to ₹6.93 lakh, 16 Oct 2025 to still open Kotak Mahindra Bank Limited, up to ₹75 lakh, 20 Jan 2026 to still open HDFC Bank Limited, up to ₹20 lakh, 6 Feb 2026 to still open Electronica Finance Limited, up to ₹80 lakh, 28 Mar 2026 to still open Kotak Mahindra Bank, up to ₹94.47 lakh, 10 Jun 2026 to still open Kotak Mahindra Bank Limited, up to ₹32 lakh, 7 Aug 2026 to still open
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