SMC Finance
SMC Finance (Moneywise Financial Services Private Limited) is an RBI-registered Systemically Important NBFC and subsidiary of SMC Global Securities, offering diversified secured and unsecured loans to MSMEs, medical professionals, retail borrowers, and capital market investors across 500+ Indian cities.
- Company typePrivate
- Founded2008
- HeadquartersNew Delhi, India
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What SMC Finance does
SMC Finance, the trade name of Moneywise Financial Services Private Limited, is a Systemically Important Non-Deposit taking Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India and a wholly-owned subsidiary of SMC Global Securities Limited. Founded in 2008 and headquartered in New Delhi, the company operates a multi-product lending platform spanning collateral-free business loans (Rs. 5–30 lakhs), loan against property and micro-LAP (Rs. 3 lakhs–5 crores), medical equipment finance (up to Rs. 15 crores), equipment finance, gold loans (Rs. 5,000–25 lakhs), loan against securities, IPO/NCD financing for retail and HNI clients, supply chain/channel financing, and NBFC on-lending. The business carries an A Stable external credit rating from CARE Ratings and accesses diversified funding lines from SBI, HDFC, RBL, DCB, Federal Bank, Bajaj Finance, and Tata Capital.
The company operates through a hybrid physical-and-digital distribution model combining 37+ branches across 11+ Indian states, a 2,900+ person field and inside sales organization, and a digital self-serve online application portal with EMI calculators and online payment infrastructure. Its target customer base is structurally diversified across MSMEs, medical professionals (hospitals, doctors, diagnostic centres), retail individuals seeking gold-backed credit, capital market investors, corporate supply chain partners, and other RBI-registered NBFCs seeking on-lending facilities.
Revenue is generated principally through interest income on the loan book, supplemented by processing fees (notably on gold loans at 10–24% APR inclusive of fees), margin-based pricing on IPO/NCD financing, and transaction-related charges on Loan Against Securities (12–18% on daily reducing balance). The company markets through toll-free helpline, WhatsApp, social media, branch networks, co-lending partnerships with Achievers Finance, Money2Me Finance, and Aruna Finance, and investor relations disclosures on its corporate website. No external private equity or venture capital investment has been disclosed in the entity.
SMC Finance firmographics
Firmographics- Name
- SMC Finance
- Legal name
- Moneywise Financial Services Private Limited
- Website
- https://smcfinance.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SMC Finance (Moneywise Financial Services Private Limited) is an RBI-registered Systemically Important NBFC and subsidiary of SMC Global Securities, offering diversified secured and unsecured loans to MSMEs, medical professionals, retail borrowers, and capital market investors across 500+ Indian cities.
- Ownership category
- akta.pro rank
SMC Finance industry classification
Industry- Product category
- Non-Banking Financial Services (Lending)
- NAICS
- Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- SME Term Loans & Growth Capital (FSAKAGAB)
- akta.pro secondary industries
- Equipment & Asset Finance (SME) (FSAKAGAF), SME Lending Platforms & Embedded SME Credit (FSAKAGAJ), SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)
Keywords
Where SMC Finance is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices22 records
Markets served
SMC Finance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Interest Income - Business Loans: SMC Finance earns interest income from collateral-free business loans ranging from Rs. 5,00,000 to Rs. 30,00,000 with tenures of 12-48 months. Interest rates are fixed. Revenue is generated through monthly EMI payments comprising principal and interest.
- Interest Income - Loan Against Property: Loans against residential and commercial property ranging from Rs. 10 lakhs to Rs. 5 crores with tenure up to 15 years. LTV up to 70-75%. Revenue is generated through fixed interest rate EMIs.
- Interest Income - Gold Loans: Gold loans from Rs. 5,000 to Rs. 25,00,000 with APR of 10-24% per annum including processing fees. Tenure of 6-12 months. Revenue is generated through interest and processing fees.
- Interest Income - Loan Against Securities: Loans against approved securities (listed shares, mutual funds, corporate bonds, government securities, ETFs) at interest rates of 12-18%, charged on daily reducing balance. No EMI, flexible tenure and repayment options.
- Interest Income - Medical Equipment Finance: Medical equipment loans up to Rs. 15 crores with tenure up to 84 months for doctors, hospitals, diagnostic centres, nursing homes, trusts and companies. Collateral-free with assets as primary collateral.
- Interest Income - IPO/NCD Financing: IPO and NCD financing for retail investors (loan up to Rs. 2 lakhs for IPO/FPO/OFS, up to Rs. 10 lakhs for NCDs/Bonds) and HNI clients (starting from Rs. 1 crore). Revenue from interest charged on margin-funded amounts.
- Interest Income - Supply Chain/Channel Financing: Revolving limits provided to vendors, distributors, dealers, and retailers under anchor and non-anchor based products to support working capital requirements. Revenue is interest income on revolving credit facilities.
- Interest Income - NBFC On-Lending: Lending solutions provided to other RBI-registered NBFCs for income generation, personal loans, and education loans. Revenue from interest on on-lending facilities to sub-borrowers.
- Interest Income - Equipment Finance: Term loans for new and refurbished equipment across non-MEQ industries. Loan to value up to 85% of asset cost with tenure up to 84 months. Collateral-free with funded assets as primary collateral.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Business Loan (Unsecured) - Rs. 5,00,000 to Rs. 30,00,000 |
| Unit Pricing | Monthly | Loan Against Property - Rs. 10 Lakhs to Rs. 5 Crores, tenure up to 15 years |
| Unit Pricing | Monthly | Micro Loan Against Property - Rs. 3 Lakhs to Rs. 50 Lakhs, tenure 3-12 years |
| Unit Pricing | Pay-as-you-go | Gold Loan - Rs. 5,000 to Rs. 25,00,000, tenure 6-12 months |
| Usage-based | Pay-as-you-go | Loan Against Securities - Interest rates 12% to 18% |
| Unit Pricing | Monthly | Medical Equipment Finance - Up to Rs. 15 Crores, tenure up to 84 months |
| Usage-based | Pay-as-you-go | IPO/NCD Financing Retail - Up to Rs. 2 Lakhs (IPO/FPO/OFS), up to Rs. 10 Lakhs (NCDs/Bonds) |
| Usage-based | Pay-as-you-go | IPO/NCD Financing HNI - Starting from Rs. 1 Crore |
| Unit Pricing | Monthly | Equipment Finance - Loan to value up to 85% of asset cost, tenure up to 84 months |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels10 records
SMC Finance product offering
Product offeringCore offering
SMC Finance (Moneywise Financial Services Private Limited) is a RBI-registered Systemically Important Non-Banking Finance Company (NBFC) offering a diversified portfolio of secured and unsecured loan products. Core offerings include business loans, equipment finance, loan against property, micro loan against property, medical equipment finance, gold loans, loan against securities, IPO/NCD financing for retail and HNI clients, supply chain/channel financing, and NBFC on-lending, distributed through a digital platform, field sales, and a 37-branch physical network across India.
Product overview
SMC Finance (Moneywise Financial Services Private Limited) operates as a multi-product NBFC offering a comprehensive suite of lending solutions. The portfolio includes secured loans (Loan Against Property, Micro Loan Against Property, Gold Loan, Loan Against Securities) and unsecured products (Business Loan, Medical Equipment Finance, Equipment Finance, IPO/NCD Financing). Corporate solutions encompass Channel Financing for supply chain and NBFC On-Lending. The company also provides digital self-service tools including an EMI Calculator. All products are offered under the SMC Group umbrella, with operations across 37 branches in India and presence in over 500 cities.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Loan
- Equipment Finance
- Loan Against Property
- Micro Loan Against Property
- Medical Equipment Finance
- Gold Loan
- Loan Against Securities
- IPO/NCD Financing (Retail)
- IPO/NCD Financing (HNI)
- Channel Financing (Supply Chain Financing)
- NBFC On-Lending
Quantifiable outcome
- Gold loan disbursement in as fast as 30 minutes
- +4 more outcomes
Companies that use SMC Finance
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
SMC Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
SMC Finance partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship and minor.
- Achievers Finance India LimitedcoreCo-lending partner (Originating Partner) of SMC Finance. Achievers Finance India Limited operates as an originating partner, generating and referring loan applications within the co-lending arrangement.
- Money2Me Finance Private LimitedcoreCo-lending partner of SMC Finance, operating as a channel partner for loan origination and distribution of SMC Finance's lending products.
- Aruna Finance LimitedcoreCo-lending partner of SMC Finance for loan distribution and origination activities.
- SMC Global Securities LimitedflagshipSMC Global Securities Limited is the holding company and parent of Moneywise Financial Services Private Limited (SMC Finance). It is registered with NSE, BSE, MSEI, CDSL, NSDL, and SEBI. SMC Global Securities Ltd provides the brand umbrella, infrastructure, and strategic direction for the NBFC subsidiary.
- SMC Comtrade LimitedminorGroup company within the SMC Group, operating alongside SMC Finance under the SMC umbrella.
- ICRA Analytics Ltd.coreAppointed valuation agency for valuation of Rated, Listed, Secured, Redeemable, Principal Protected Non-Convertible Market Linked Debentures (PPMLDs) issued by Moneywise Financial Services Private Limited, as per SEBI guidelines.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
SMC Finance competitors and assessment
Company assessmentDirect peers
- Shriram Finance: Large Indian NBFC focused on MSME, commercial vehicle, and small business lending. Comparable to SMC Finance in serving under-banked SMB/MSME borrowers with collateral-light products across India.
- Bajaj Finance: One of India's largest diversified NBFCs offering MSME/business loans, equipment finance, loan against property, gold loans, and capital-market financing. Directly comparable to SMC Finance on product breadth, digital + branch distribution, and pan-India MSME focus.
- Mahindra Finance: Indian NBFC offering equipment finance, tractor and vehicle financing, and SME loans through rural and semi-urban branches. Comparable to SMC Finance's equipment finance vertical and pan-India SMB distribution.
- IIFL Finance: Diversified NBFC with gold loans, LAP, MSME, and capital-market-linked lending products. Comparable to SMC Finance on the gold loan and loan-against-securities / IPO financing verticals.
- Tata Capital: Tata Group NBFC offering business loans, LAP, equipment finance, and corporate financing. Directly comparable to SMC Finance on diversified SME and corporate lending, with Tata Capital also being one of SMC Finance's lenders.
- L&T Finance Holdings: Diversified Indian NBFC with strong presence in SME, equipment, and rural finance. Comparable to SMC Finance on equipment finance and MSME lending mix across urban and semi-urban India.
- Muthoot Finance: India's largest gold loan NBFC with a pan-India branch network. Directly comparable to SMC Finance's Gold Loan vertical on ticket size, branch-led disbursement, and gold-backed lending.
- Cholamandalam Investment and Finance Company: Diversified Indian NBFC with strong SME and equipment finance franchises, including vehicle and MSME lending. Directly comparable on secured and unsecured MSME lending, LAP, and equipment financing to SMBs.
Emerging players
- Lendingkart Finance: Digital-first fintech NBFC focused on collateral-free working capital and MSME loans. Overlaps with SMC Finance's unsecured business loan vertical and represents the digital-native competitive threat.
Broad incumbents
- Aditya Birla Capital: Large diversified Indian financial services group with NBFC, lending, and capital-market businesses. Comparable as a broader incumbent offering overlapping SME lending, LAP, and capital-market financing.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SMC Finance social profiles
Digital presenceSMC Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
SMC Finance leadership team
Management profileNumber of profiles
Profiles11 records
SMC Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SMC Finance M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SMC Finance
What does SMC Finance do?
SMC Finance (Moneywise Financial Services Private Limited) is a RBI-registered Systemically Important Non-Banking Finance Company (NBFC) offering a diversified portfolio of secured and unsecured loan products. Core offerings include business loans, equipment finance, loan against property, micro loan against property, medical equipment finance, gold loans, loan against securities, IPO/NCD financing for retail and HNI clients, supply chain/channel financing, and NBFC on-lending, distributed through a digital platform, field sales, and a 37-branch physical network across India.
Is SMC Finance a public or private company?
SMC Finance is a private company. It is classified as corporate owned and is currently operating.
When was SMC Finance founded?
SMC Finance was founded in 2008. It employs 101 to 250 people.
Where is SMC Finance based?
SMC Finance is headquartered in New Delhi, India, in the Asia region.
How does SMC Finance make money?
Nine revenue lines are on record. Interest Income - Business Loans are the primary driver. The others are interest Income - Loan Against Property, interest Income - Gold Loans, interest Income - Loan Against Securities, interest Income - Medical Equipment Finance, interest Income - IPO/NCD Financing, interest Income - Supply Chain/Channel Financing, interest Income - NBFC On-Lending and interest Income - Equipment Finance.
Who are SMC Finance's main competitors?
Direct peers on record are Shriram Finance, Bajaj Finance, Mahindra Finance, IIFL Finance, Tata Capital, L&T Finance Holdings, Muthoot Finance and Cholamandalam Investment and Finance Company. Lendingkart Finance is listed as an emerging player. Aditya Birla Capital is listed as a broad incumbent.
Does SMC Finance have an API?
No public API is recorded for SMC Finance.
What industry is SMC Finance in?
SMC Finance's product category is Non-Banking Financial Services (Lending). Its primary akta.pro industry code is FSAKAGAB, SME Term Loans & Growth Capital, with a secondary code of FSAKAGAF, Equipment & Asset Finance (SME). Its NAICS code is 52222 and its SIC code is 6153.