DCL Finance Limited
The DCL Finance Company was incorporated on 8th July 1983.
(Andhra Pradesh). The company is engaged in various activities
in the financial services sector such as Lease finance, Hire
purchase finance, Consumer Credit finance and has recorded
significant growth over the last 3 years.
DCL Finance Limited was promoted by the promoters of the DCL
group of companies.
From a modes & figure of Rs. 130 lakhs for the year ended 30th
June 1985 the company's turnover reached an all time high of Rs.
1366 lakhs for the year ended 31st March 1992. The growth of the
company has been all through steady. The company is active in
Vehicle Financing especially Cars in Andhra Pradesh. During the
last 3 years the company has financed purchase of as many as 2000
The Company has drawn up active plans for achieving a substantial
growth in its operations. For further consolidating its position
the company has drawn up plans for diversifying into other
financial services like Merchant Banking, Portfolio Management
services activities, etc.
2000 - ICRA has downgraded the rating assigned to the fixed deposit
programme of DCL Finance Ltd. from `MA-' to `MB' indicating