Ashok Finance Karur Limited is a non-government financial services company headquartered in Karur, Tamil Nadu, India. Established in 1997, it operates as a public limited company within the financial and insurance services sector, offering lending and investment products to individuals and businesses in the region.
Background and Structure
Incorporated on May 26, 1997, Ashok Finance Karur Limited is registered with the Registrar of Companies, Chennai, under the Corporate Identification Number U65191TN1997PLC038258. It remains active and unlisted, with an authorized share capital of ₹4 crore and a paid-up capital of ₹3.36 crore. The firm’s registered office is located at Ashok Building, 5-E/3, 80 Feet Road, Sengunthapuram, Karur, Tamil Nadu 639002.
Leadership
The company’s leadership is headed by Muthusamy Gounder Ramakrishnan (Managing Director), with Palaniappa Gounder Muthusamy Gounder Chellappan and Karur Ramakrishnan Praveen Kumar serving as directors. Over its nearly three-decade history, the board has included experienced regional entrepreneurs and financial administrators.
Services and Operations
Ashok Finance Karur Limited provides a range of financial solutions such as personal loans, business loans, and financing against property. It also offers advisory and investment consulting services to both retail and institutional clients. The company’s operations are known for transparency, efficient documentation, and customer service, reflected in consistently high local satisfaction ratings.
Community Presence and Reputation
Operating from its conveniently located Sengunthapuram office, opposite the Indian Overseas Bank branch, the company has built a strong reputation for reliability and trust within the Karur financial community. With more than 25 years in service, Ashok Finance Karur Limited continues to play a notable role in supporting small businesses and individual borrowers in Tamil Nadu’s thriving textile and trading hub.