Kolkata, October 4, 2024 - In a milestone achievement, Arohan Financial Services Limited emerges as one of the first NBFC-MFIs to get approval and implement aadhaar-enabled eKYC as per the Gazette Notification issued by Ministry of Finance, Department of Revenue, dated, 8th April, 2022 for allowing select NBFCs for aadhaar eKYC. The Company has launched the Aadhaar based e-KYC on the field last week in Bangalore.

Mr. Manoj Nambiar, Managing Director, Arohan Financial Services Limited said, "Today marks a significant milestone for our organization and the industry as a whole. Successfully implementing Aadhaar-enabled eKYC not only enhances our underwriting efficiency with authentic KYC but also strengthens our commitment to financial inclusion. This innovative solution empowers us to serve our customers better, ensuring that even the most underserved communities have access to essential financial services. We are indeed proud to have been one of the first NBFC MFI's to receive this approval from RBI, UIDAI and GOI and thank all concerned."

Commenting on this momentous achievement, Mr. Arvind Murarka, Chief Information Officer said, "This is a significant step forward towards our commitment to customer centricity while ensuring seamless operational efficiency. The industry is facing a problem in establishing authentic customer identity and this eKYC facility will help Arohan in overcoming this problem. I congratulate the team on this achievement."