Empowering Rural India Through Inclusive Finance

Rapid Loans is a tech-first banking correspondent bridging financial gaps for underserved communities - delivering microloans, collection, and servicing through cutting-edge technology.

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8

States Covered

100K+

Loans Disbursed

99.2%

Digital Processing

Instant Loan Access
Paperless & Digital-First
Loan Type
Microloans & Group Loans
Processing Time
Under 48 Hours
Technology
AI-Powered Underwriting
Security
Bank-Grade Encryption
Approved
In 2 minutes
Disbursed
Direct to bank

RBI Regulated

Registered Banking Correspondent under Reserve Bank of India guidelines

Bank-Grade Security

256-bit SSL encryption, ISO 27001 compliant data protection

1,00,000+ Customers

Trusted by thousands of families across 8 states in India

100% Compliant

Fully compliant with RBI, SEBI & all regulatory frameworks

◈ Who We Are

New Age, Tech-First
Banking Correspondent

Rapid Loans Private Limited is a Modern Banking Correspondent headquartered in Mumbai with a registered office in Ahmedabad. We partner with Banks and NBFCs to deliver comprehensive loan origination, collection, and servicing through advanced technology - creating an inclusive finance platform for all of India.

Loan Origination

End-to-end digital onboarding with AI verification

Collection Services

Automated reminders and seamless payment tracking

Inclusive Finance

Tailored products based on socio-economic status

Tech Platform

Advanced technology powering every transaction

Rapid Loans - empowering rural India with technology-driven microloans

Since 2024

Serving Rural India

◈ What We Do

Comprehensive Financial Services

From origination to servicing, we cover the entire lending lifecycle with technology at the core.

Microloan Origination

End-to-end digital loan origination for micro and small loans, powered by AI-driven credit assessment and instant KYC verification.

Banking Correspondent

Acting as a technology-enabled extension of banks and NBFCs, bringing formal financial services directly to rural and semi-urban doorsteps.

Collection & Servicing

Automated collection management with real-time tracking, digital payment options, and intelligent follow-up workflows for borrowers.

Credit Assessment

Proprietary scoring models that go beyond traditional credit bureaus - leveraging alternative data to assess creditworthiness of first-time borrowers.

Digital Payments

Seamless UPI, NACH, and e-mandate integrations enabling borrowers to make repayments effortlessly from anywhere using their mobile devices.

◈ Our Presence

Connecting Bharat, Fulfilling Dreams

Serving the heroes of Bharat - from dairy farmers and sugarcane growers to chili sorters and vegetable vendors. We reach underserved communities across India's heartland, bringing formal financial services to those who need them most.

Every tractor on the field, every milk can on the bicycle, every basket of fresh produce represents a dream waiting to grow. Our microloans empower these rural entrepreneurs to expand their livelihoods and secure better futures for their families.

Together, we're building a financially inclusive India - one village, one entrepreneur, one dream at a time.

Farmer on tractor in golden wheat field
Milkman with cans and bicycle in village
Workers loading sugarcane onto cart
Women sorting red chilies in baskets
Woman farmer with fresh vegetable harvest
◈ The Process

How It Works

A simple, technology-driven journey from application to disbursement.

1

Apply Online

Submit your application digitally through our mobile-first platform with minimal documentation.

2

Instant Verification

AI-powered KYC and credit assessment processes your application in minutes, not days.

3

Quick Approval

Receive approval within 48 hours with transparent terms and competitive interest rates.

4

Direct Disbursement

Funds transferred directly to your bank account - no intermediaries, no delays.

◈ Our Reach

Our Network

Expanding financial inclusion across India's heartland through a growing network of service points.

India Network Map
8 States
153 Branches
440 Crs AUM
700+ Employees
◈ Our Partners

Trusted Banking Partners

We collaborate with leading banks and NBFCs to deliver reliable financial services across India.

✓ Verified

Avanti Finance Pvt. Ltd.

NBFC Partner

NBFC partner for inclusive microfinance lending across rural India

✓ Verified

Unity Small Finance Bank

Banking Partner

Banking partner enabling last-mile financial service delivery

✓ Verified

FI Lending Solutions Pvt. Ltd.

Lending Partner

Digital lending partner enabling fast, paperless loan origination and disbursement.

✓ Verified

SMFG India Credit Co. Ltd.

NBFC Partner

Pan-India NBFC partner offering diversified consumer business, housing and personal loan credit products.

◈ Transparency

Partner Disclosures

Regulatory disclosures for our lending partnerships, ensuring full transparency.

Avanti Finance Pvt. Ltd.

Services Offered

Sourcing of loan applicants, collection services, borrower servicing during loan tenure, and first-level grievance redressal.

Grievance Officer Details

Nodal Officer: Saurabh Kumar

Email: saurabh.kumar@avantifinance.in | Phone: +91 98450 93467

Grievance Officer: Edwin Samuel

Email: edwin.samuel@avantifinance.in | Phone: +91 98803 65147

Visit Avanti Finance website ↗

DLG Disclosure (as on March 31, 2026)

PortfolioAmount (DLG Covered)
Portfolio 1₹ 125,101,507.77
Total₹ 125,101,507.77

Unity Small Finance Bank

About

Unity Small Finance Bank Limited is a licensed Small Finance Bank regulated by the Reserve Bank of India (RBI). Formerly known as Centrum Financial Services, the bank commenced operations as a Small Finance Bank on November 1, 2021.

CIN: U65990DL2021PLC385568

Registered Office: Unit no. 1201, 1202 & 1203, 12th Floor, Ansal Bhawan, 16, K.G. Marg, New Delhi – 110001

IFSC Prefix: UNBA

Services Offered

Sourcing of loan applicants, collection services, borrower servicing during loan tenure, and first-level grievance redressal under the Banking Correspondent (BC) model.

Key Products

Savings & Current Accounts, Fixed Deposits, Recurring Deposits, Personal Loans, MSME & Business Loans, Gold Loans, Microfinance, and Digital Banking services.

Grievance Redressal

Customer Care: 1800-209-1122 (Toll Free)

Email: care@unitybank.co.in

Visit Unity Small Finance Bank website ↗

FI Lending Solutions Pvt. Ltd.

About

FI Lending Solutions is a digital lending fintech focused on credit and savings solutions for underserved communities across India.

Registered Office: 1017, 10th Floor, JMD Megapolis, Tower – A, Sohna Road, Gurugram, Haryana – 122018

Services Offered

Sourcing of loan applicants, digital onboarding and KYC, collection services, and borrower servicing during loan tenure.

Grievance Redressal

Customer Care: +91 88822 12947

Email: hello@filending.in

Visit FI Lending website ↗

SMFG India Credit Co. Ltd.

About

SMFG India Credit Co. Ltd. is a pan-India NBFC offering a comprehensive range of personal, business, and secured credit products. Part of Sumitomo Mitsui Financial Group (SMFG), Japan.

CIN: U65191TN1994PLC079235

Registered Office: Commerzone IT Park, Tower B, 1st Floor No. 111, Mount Poonamallee Road, Porur, Chennai, Tamil Nadu – 600 116

Services Offered

Sourcing of loan applicants, collection services, and borrower servicing during loan tenure under the Direct Selling Agent (DSA) / Banking Correspondent model.

Key Products

Personal Loans, Business Loans, Loan Against Property, Loan Against Securities, Two-Wheeler Loans, Commercial Vehicle Loans, Solidarity Group Loans, and Growing Enterprise Loans (GEL).

Grievance Redressal

Customer Care: 1800 103 6001 (Mon–Sat, 9 AM – 7 PM)

Email: namaste@smfgindia.com

Visit SMFG India Credit website ↗

◈ Board Governance

Board of Directors

Visionary leaders driving Rapid Loans' mission to democratize financial access across India.

Hemendrasinh Solanki

Hemendrasinh Solanki

Founder, Modern Group

Founder of Modern Group (est. 2004), a 500-crore conglomerate spanning staffing to managed IT services. A hands-on operations expert instrumental in driving backend infrastructure.

Under his leadership, Modern Group has become a major force in the corporate services industry. His expertise in backend operations management ensures a robust foundation for the new entity.

Mahesh Ahuja

Mahesh Ahuja

Investor Management, Compliance & Strategy

20+ years at Barclays, HSBC, and ICICI Bank. Excels in advisory roles with proven ability to drive success and cultivate high-performing teams.

Expert in cost management (P&L), strategic visioning, innovation, and financial analysis. Mentors IoT startups at the Technology Innovation Hub (TIH) of IIT Bombay and acts as a brand strategist for fintech startups, guiding growth strategies, go-to-market initiatives, and fundraising.

◈ Business Leadership

Management Team

Experienced professionals steering day-to-day operations with precision and purpose.

Rajendra Thote

Rajendra Thote

Chief Executive Officer

A seasoned financial services professional with over 20 years of experience across banking, microfinance, and financial inclusion. He has held senior leadership roles across business and operations, focusing on retail lending, P&L management, and large-scale branch expansion. His experience includes building and scaling lending portfolios, leading sales and collections teams, and driving operational growth across multi-location organizations.

Rakhi Sharma

Rakhi Sharma

Head of Operations

An astute professional with extensive experience leading micro-finance operations, designing policies, overseeing customer service, and implementing technology solutions for rapid, responsible growth.

Mitali Christian

Mitali Christian

Head of Human Resources

13 years in retail banking and client investment portfolio management at ICICI, CITI, and KOTAK. Multi-dimensional expertise spanning employee engagement, training, sales, and operations.

Abhilash

Abhilash Saloman

Zonal Head - Kerala & Tamil Nadu

An NBFC and microfinance banking professional with 17 years of experience in portfolio building, risk handling, and bucket recovery. He leads the Kerala & Tamil Nadu zone for Rapid Loans, taking individual loans and micro-MSMEs to the next level. Earlier he was AVP Operations at Inditrade Microfinance; General Manager at Bharath Financial Inclusion (an IndusInd Bank subsidiary), running a 400-crore portfolio with a 400+ member team; and Zonal Head and State Head at Belstar Microfinance. He began in the field at Madura Micro Finance / CreditAccess Grameen and holds a B.Com from Kerala University.

Ravi Kumar

Ravi Kumar

State Head - Tamil Nadu

Drives on-ground operations across Tamil Nadu - overseeing branch performance, customer outreach, and field-team execution.

Dariya Shaikh

Dariya Shaikh

State Head - Karnataka

Leads Karnataka operations end-to-end - branch development, team building, and customer acquisition across the state.

Reji Ravindran

Reji Ravindran

State Head - Kerala

Heads Kerala's state-level operations - scaling branch networks and ensuring consistent service delivery on the ground.

◈ Plan Your Loan

Loan Calculator

Estimate your monthly EMI instantly. Adjust the loan amount, interest rate, and tenure to find the plan that fits your needs.

Monthly EMI
₹23,073
Total Principal
₹5,00,000
Total Interest
₹53,748
Total Amount
₹5,53,748
Tenure
2 yrs 0 mo
Principal Interest

Ready to Transform Financial Access?

Partner with Rapid Loans to bring inclusive financial services to underserved communities. Let's build a financially inclusive India together.

info@rapidloans.ai +91 83694 95365

Ground Floor, Raja Complex, Vijay Cross Roads, Navarangpura, Ahmedabad - 380009, Gujarat, India