Dhara Motor Finance Ltd was incorporated as a Non
banking Finance Company on 03 September 1990 at Ambedkar chowk, Chandpur. Dhara Motor Finance Ltd is one of the India’s
leading Non Banking Finance Companies, we provide personalize finance for the widest range of
vehicles.
It has been established with a pioneer objective of promoting and facilitating financing in
all over urban and rural areas. Dhara Motor Finance Limited With its state of art of
infrastructure and support facilities will import high quality of financing. Dhara Motor Finance
Ltd. has been established with an objective of excellence and maintaining ethical practice.
Company Rating:-
Sl. No.
Instrument/Facility
Amount(Rs. Crore)
Current Ratings
Previous Ratings
Rating Action
1.
Long Term Bank
Facilities- Term
Loan
74.00
IVR BBB/
Stable
(IVR Triple B
with Stable
Outlook)
IVR BBB/
Stable
(IVR Triple B
with Stable
Outlook)
Reaffirmed
2.
Long Term Bank
Facilities – Fund
Based
26.00
IVR BBB/
Stable
(IVR Triple B
with Stable
Outlook)
IVR BBB/
Stable
(IVR Triple B
with Stable
Outlook)
Reaffirmed
3.
Long Term Bank
Facilities – Fund
Based
20.00
IVR FBBB/
Stable
IVR FBBB/
Stable
Reaffirmed
4.
Proposed NCD
10.00
IVR BBB/
Stable
(IVR Triple B
with Stable
Outlook)
IVR BBB/
Stable
(IVR Triple B
with Stable
Outlook)
Reaffirmed &
withdrawn
With the passing, The company is rapidly growing and the growth is visible with
highlighted points mentioned -
On 11 February 2002, Company was converted from a private Company to a
Public Limited Company.
On 17 August 2006, The Management of Dhara Motor Finance Ltd had been
taken over by new Management.
On 01 October 2010, Head Office inauguration in Bijnor (U.P) was
celebrated.
In year of 2012, Company got AFC (Asset Finance) Certificate from RBI
(Reserve Bank of India).
On 08 August 2014, Admin Office was opened in Delhi (Capital of India).
On 31 March 2024, We have 24 Branches/Collection Center.
On 30 September 2024, We have 28 Branches/Collection Center and Increasing.