Paul Merchants Finance Private Limited (PMFPL), a wholly owned subsidiary of Paul Merchants Limited, has announced the launch of a series of new financial products, as per a regulatory filing dated June 16, 2025. The company aims to expand its secured and wholesale lending offerings, diversifying its portfolio following the recent sale of its gold loan portfolio on June 9, 2025.
The newly approved financial services include:
- Loan Against Property (LAP)
- Large Corporate Lending
- Vehicle Loans
- Direct Assignment (DA) of Loans
- Co-lending Partnerships
- Other RBI-regulated financial products
These products, approved by PMFPL’s Board of Directors in their meeting on June 16, 2025, will be launched in a phased manner across the domestic market. The initiative aligns with PMFPL’s updated strategic focus of leveraging market opportunities in secured lending and fee-based income generation.
As a registered NBFC (Investment and Credit Company – Middle Layer) under RBI regulations, the company believes this move will help strengthen its lending book and offer diversified financing solutions to Indian borrowers.
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