Mahan Industries: 36,000+ Customers, ₹25 Cr Disbursed in 6 Months

Mahan Industries Limited, an RBI-registered NBFC, has reported significant operational progress since commencing its lending business in May 2026. In under six months, the company has acquired over 36,000 customers and disbursed more than ₹25 Crore in loans. This growth has been facilitated by its in-house digital lending platform, Creditmines, which enables a fully paperless, presence-less, and cashless loan application, approval, and disbursement process. The platform leverages digital KYC, video KYC, e-signing, and data analytics for credit assessment, allowing for scalable customer acquisition without a proportional increase in physical infrastructure. Mahan Industries believes it is well-positioned to expand its presence in the Indian retail credit market, diversify its product offerings, and achieve sustainable growth.