Comfort Fincap Ltd enters into agreement with Jetfinx Services LLP for Retail Lending Services foray

Comfort Fincap Limited ("the Company") has entered into Service Agreement Cum Business Correspondent Agreement ("the Agreement") with Jetfinx Services LLP on January 03, 2023 for entering into the Retail Lending Services.

Comfort Fincap Limited is a Non-Banking Financial Company (NBFC) which is primarily focused in providing inter corporate loans, personal loans, loans against shares & securities, loans against properties, Mortgage Loans, Home Loans, trade financing, bills discounting.

Jetfinx Services LLP is a service provider who provides end-to-end mobile after-sales services for customers in India. It is coming with the solution for the Mobile Service & Protection to Customer at his door steps & to save the time of customer and to offer our bundle pack plan for their mobile handset with no extra cost & no paperwork.

Further, Comfort Fincap Limited is in process of expanding and diversifying its business operations by entering into Retail Lending Services for which it has entered into the Agreement with Jetfinx Services LLP.

As a part of the agreement, Jetfinx Services LLP has agreed to act as an intermediary to render product promotion, customer identification and acquisition, loan documentation, customer enrolment, post sanction monitoring, account maintenance services and collection on its behalf to facilitate credit extension by the Company. Jetfinx Services LLP shall provide to Company the services, at Retail Outlets across the locations, during the term of the Agreement.

Shares of COMFORT FINCAP LTD. was last trading in BSE at Rs. 89.05 as compared to the previous close of Rs. 88.90. The total number of shares traded during the day was 51385 in over 146 trades.

The stock hit an intraday high of Rs. 92.50 and intraday low of 85.70. The net turnover during the day was Rs. 4559468.00.

Source : Equity Bulls

Keywords

COMFORTFINCAP INE274M01018 ServiceAgreement JetfinxServicesLLP RetailLendingServices