Overview of the company

Started in the year 1991, Yogakshemam Loans Limited (formerly Yogakshemam Kuries & Loans Private Limited) had a humble beginning at Anthikad, a small village in the Thrissur district of Kerala state. The company became a Non Banking Financial Company in the year 2000 – 01 by registering with the Reserve Bank of India. The Company gradually shifted its base to the heart of Thrissur Town. The company currently has 99 branches across various districts in Kerala. The Company has been mainly operating in the gold loan space and to a limited extent in Small and micro Business Financing.

The Company was originally promoted by Mr. N D Narayanan, Chairman with an objective of doing lending against gold and other financial products. In the year 2015, the promoters joined hands with Mr. Unnikrishnan I, a chartered accountant by qualification & a former Dy. CEO of a leading NBFC and Mr. Ramachandran O, a chartered accountant by qualification & the current CEO of Choppies Group, Botswana. They have jointly expanded the capital base of the company to broad base the products offerings and to go for spatial expansion outside Kerala.