About our company
Vedika Credit Capital Ltd is a Non-Deposit Taking NBFC-MFI.
Vedika Credit Capital Ltd is a Non-Deposit taking, Non-Banking Finance Company (NBFC-MFI). The Company was originally registered as a Private Limited Company but was later converted into a Public Limited Company in November, 1995. It was recognized and re-registered to carry out the business as NBFC-MFI with approval from Reserve Bank of India in 2015 although since 2007 the company is into Micro Finance product like Joint Liability Groups loans and Individual Loans and provide assistance to women borrowers as per RBI regulations. The company is operating across 7 states (Jharkhand, Bihar, West Bengal, Uttar Pradesh, Assam, Odisha & Tripura) It has operations through 192 branches across these states (Bihar-40, Jharkhand-22, West Bengal-58, U.P.-20, Assam-17, Odisha-15, Tripura-20). Since 2007, Vedika has been engaged in providing:
- Group Loan
- Dairy Loan
- Shopkeeper Loan
- Business Loan
- E-Rickshaw Loan
- Wash loan
Our Presence
We are spread across the country with strong reach and impact.
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Mission, Vision & Our Cultural Values
Our Cultural Values
01.
Ownership
We take responsibility for our actions, decisions, and outcomes. We hold ourselves accountable and take pride in our work.
02.
Pride of performance
We strive for excellence in everything we do, aiming for the highest standards of quality and innovation.
03.
Fairness & Transparency
We operate with honesty, integrity, and transparency, treating all team members with respect and fairness.
04.
Mutual Respect
We value diversity and treat everyone with respect, recognizing that each person brings unique perspectives and experiences to the team.
05.
Customer-Centric
We focus on meeting the needs and expectations of our customers, delivering value and building long-term relationships.
Our evolution
Vedika Credit Capital Ltd has evolved from a regional financial institution into a trusted NBFC-MFI focused on empowering micro-entrepreneurs. Incorporated in 1995, the company was later converted into a public limited company and received RBI approval as an NBFC in March 1998. In June 2015, Vedika was registered as an NBFC-MFI, strengthening its role in the microfinance sector.
Over the years, Vedika has built its presence by offering responsible financial solutions to underserved households and small entrepreneurs. Its journey reflects a clear focus on financial inclusion, customer trust, and grassroots development.
Today, Vedika Finance continues to grow with a mission to provide accessible credit and total financial solutions to micro-entrepreneurs, helping them improve livelihoods, expand businesses, and move toward financial independence.
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Our evolution
Vedika Credit Capital Ltd has evolved from a regional financial institution into a trusted NBFC-MFI focused on empowering micro-entrepreneurs. Incorporated in 1995, the company was later converted into a public limited company and received RBI approval as an NBFC in March 1998. In June 2015, Vedika was registered as an NBFC-MFI, strengthening its role in the microfinance sector.
Over the years, Vedika has built its presence by offering responsible financial solutions to underserved households and small entrepreneurs. Its journey reflects a clear focus on financial inclusion, customer trust, and grassroots development.
Today, Vedika Finance continues to grow with a mission to provide accessible credit and total financial solutions to micro-entrepreneurs, helping them improve livelihoods, expand businesses, and move toward financial independence.
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GLIMPSE OUR JOURNEY
Journey of Achievements and Growth
Vedika Credit Capital Ltd has embarked on an inspiring journey marked by noteworthy achievements and exponential growth
1999
1999
Become first Entity from Jharkhand to
Get NBFC-MFI License From Reserve Bank of India
// ABOUT OUR MANAGING DIRECTOR
Leading financial inclusion with vision, trust, and experience.
Gautam Jain, Co-Founder and Managing Director of Vedika Credit Capital Ltd, is a trusted leader in the microfinance industry with 25+ years of experience. With strong expertise in microfinance, entrepreneurship, and financial inclusion, he has been driving Vedika’s mission to empower micro-entrepreneurs with accessible financial solutions.
Gautam Jain
Managing DirectorVedika Credit Capital Ltd
// OUR TEAM MEMBERS
Board of Directors
Mr. Gautam Jain
Managing Director
Mr. Gautam Jain presently acting as a Managing Director of the company. He is a young, bright and dynamic individual with a passion to achieve excellence regardless of the odds and challenges. An MBA in Marketing, he started his career with a jute mill in Calcutta and subsequently, moved into finance business. He looks after the day-to-day operations of the Company. A visionary with a great sense of commitment, he is committed to make Vedika a brand name in the financial service sector.
Mr. Vikram Jain
Whole Time Director
Mr. Vikram Jain presently acting as whole time Director of the company. He was earlier managing the family business of food grains. Having drawn inspiration from his father Mr. Ummed Mal Jain and under his tutelage, he started managing the finance business of the family. He is a Fund Management Specialist looking after finance planning and its management.
Mr. Deep Kumar Hessa
Independent Director
Mr. Deep Kumar Hessa is an Director of the Company. His qualification is LL. B & LL.M in Customary Law & Tribal Governance. He has associated with NGO’s and deep knowledge of Rural Tribal area belongs in Jharkhand.
Md. Maqsoodul Hasan Ansari
Independent Director
"Md. Maqsoodul Hasan Ansari is an Independent Director of the Company. He has Contributed significantly in preparing young minds of the country in the last 35 years of teaching and training for building their career in rural development as well as to work for the marginalized sections of the society and the country. His qualification is Post-graduate Diploma in “Social Service” with specialization in Personnel Management &Industrial Relations & MBA with Specialization in Marketing Management & Doctorate of Philosophy (PhD) from Post Graduate Department of Commerce and Business Management, Ranchi University, Ranchi. He served as Head of the Department of Rural Management at XISS, Ranchi for a period of 14 years. He is having a Life membership of the International Institute of Adult and Lifelong Education, New Delhi since the Year 1990. He has written and published small books and produced Audio-visual aids which helped in creating awareness in the rural masses for developmental interventions. He has participated and moderated many National and International Conferences. He has also received “Mahatma Gandhi Peace Award-2015” .
Mr. Hari Babu Shukla
Independent Director
Mr. Hari Babu Shukla, Independent Director of the Company. He graduated in the year 1983 and thereafter became an associate member of Indian Institute of Bankers. He has more than 38 years of Banking experience in various aspects of Banking. His experience in Banking includes Branch Banking experience, Head of Region experience, Overseas Banking/International Banking experience, Corporate Office, Board Secretary as well as head of the training institute. He is retired DGM of Indian Overseas bank and had occupied various post at several location of Indian Overseas Bank including Chief Manager at Singapore Branch of Indian Overseas Bank.
// OUR TEAM MEMBERS
Our Expert Team
As a CFO Mr. Abhishek leads the responsibility for all aspects of the company’s Financial Responsibility functions, Governance, Managing Capital, Accounting efficiency & performance improvement, taxation & regulatory and Funding for the growth of the company. Serving as one of the strongest management pillars at VEDIKA Family from more than 10 years, Mr. Abhishek is a FCS and holds an MBA in Finance.
Mr. Gaurav has been taking care of Corporate and other Statutory Compliance of the company from more than 8 years. FCS and Law Graduate by qualification, he serves as one of the strongest pillars of the management team. If you don’t find him performing his professional responsibilities, you can find him reading corporate blogs and surfing ministry Sites
He is Operations Head of the Company. He is graduate by qualification and has over 20 years’ experience in micro finance sector. His in-depth knowledge of the field and the sector makes him a vital component of the microfinance sector.
Kunal Pandey is the Risk Head at Vedika Credit Capital Ltd. He has successfully led the development and expansion of the company’s E-Rickshaw and Micro Business Loan products, building strong foundations for growth and financial inclusion. Currently, he drives Vedika’s risk management, credit governance, and process innovation, with a focus on automation, compliance.
He is part of the HR leadership at the company. He has 10 years of experience in Management across different industries. He holds a Post Graduate degree in Business Management (PGBM) . He looks after employee engagement, performance management, policy making, and the smooth running of HR operations. He also plays an important role in planning and improving HR processes for the company. He has a practical approach to solving people-related issues and supports different teams whenever required.
Mr. Milan is responsible for company’s IT strategy and its sub-systems Integration. He spearheaded leads the team responsible for implementing of various Software, IT infrastructure & Security, Asset Management and other Digital Initiatives. Mr. Milan’s career spans more than 8 years, with leading position in System Analysis, Managing, Designing and Implementing of Web & Mobile Application for various MFI’s, Societies, Trusts, Cooperatives and Government Department in multiple states
Our Associates
GLIMPSE OUR JOURNEY
What People Say about us
Vedika Finance is recognized for its customer-focused approach and commitment to making financial services more accessible. Customers often describe Vedika Finance as a trusted partner that understands their needs and provides timely financial support.
