About Us
The company is presently primarily engaged in business of vehicle financing and refinancing against vehicles in Semi urban and Rural areas of Rajasthan. The primary customer of the company are persons in rural and semi urban areas, who were in need of finance, but are not having any access to formal credit of Banks and bigger NBFC’s
Directors
1) Abhishek Dad - CA, CS, DISA (ICAI)
1) Having Vast experience of more than 10 years in field of Audit of Leading Corporate Groups of Bhilwara

2) Having Experience of more than 10 years in Project financing viz. corporate financing, term lending, trade finance; Management Consultants to various Pvt Limited & Limited including listed companies.

3) Secretary Of Bhilwara Branch of Institute of Chartered Accountants of India for FY 2013-14

4) Vice-Chairman of Bhilwara Branch of Institute of Chartered Accountants of India for FY 2015-16

5) Chairman of Central India Chartered Accountants Student Association, Bhilwara (Committee of ICAI) for FY 2015-16

2) Narendra Dad - B. com
o Having experience of more than 15 years in field of Vehicle Finance. Was earlier Employed with Tata Finance, Admanum Finance (As branch head) and other NBFC’s. Presently looking after Overall Recovery, Follow up with branches & New loaning etc. Founder of the company.

Other Key Managerial Person
o Bal mukund somani :-Having experience of more than 20 years in field of finance. Was associated with TATA as DSA of the company for more than 10 years. Official& Most trusted Recovery Agent under of State Bank of India, SBBJ, Allahabad Bank, ICICI etc For Udaipur Zone (comprising of 75-80 Towns). Looks after operations of the company in Chittorgarh District comprising of 6 dealers.

DETAILS OF Year wise Finance done :-
    VEHICLES FINANCED  
# FY ended 31.03. NO. OF LOANS TOTAL FINANCE
1 2013* 88 3513500
2 2014* 284 10182800
3 2015* 428 14599800
4 2016* 840 26874000
5 2017* 1156 42516934
6 Grand Total 2796 97687034
*M/s Mahalaxmi Autofin Pvt Ltd was granted RBI Licence in month of March 2016 and took over Business of M/s Mahalaxmi Finance immediately on getting licence. Hence, above figures UPTO FY 2015-16 shows business of M/s Mahalaxmi Finance.