
Capri Loans to expand its Footprint with “70 Micro-LAP Branches” Across 6 States in FY25
Bengaluru, 3rd July 2024 : Capri Loans, a leading non-banking financial company, is set to expand its footprint by opening 70 Micro-Loan Against Property (LAP) branches across six states in the fiscal year 2025. This growth strategy targets regions in southern India, including Andhra Pradesh, Telangana and in northern states like Madhya Pradesh, Gujarat, Rajasthan, and Uttar Pradesh.
The company plans to onboard approximately 550 skilled professionals, to ensure effective customer service in these branches. As part of this expansion, Capri Loans recently inaugurated two new micro-LAP branches in Bhopal region. This initiative aims to provide secure, small-ticket loans against property to self-employed individuals and business owners in the region. The average ticket size for micro-LAP is ...







