Can this NBFC accept public deposits?

RBI extract shows public deposit CoR: No. Deposits remain subject to RBI limits even when permitted.

Does esi.in recommend this NBFC?

No. esi.in publishes educational directory information only—not credit ratings, loan offers, or investment advice.

Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000) — RBI NBFC-BL NBFC (ICC)

About this NBFC

Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000) is profiled on esi.in Finance to help Indian learners and households understand RBI-regulated lenders before they borrow or invest. We combine public registration fields with plain-language context—not a loan solicitation.

Investment and Credit Companies (ICC) are the most common NBFC type in India. They primarily lend and invest under RBI prudential norms. Borrowers often meet ICC NBFCs for personal loans, business credit, and vehicle finance.

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Registration snapshot (June 30, 2024)

Legal name

Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000)

Layer

Base Layer NBFCs (NBFC-BL)

NBFC-BL

Classification

ICC

loans and credit

RBI regional office

Chandigarh

CIN

L65910PB1981PLC023058

Public deposits CoR

No

Registered address

Premises Oswal Woollenmills Ltd G T Road Sherpur Ludhiana Punjab 141003

Email (public list)

kovalam@owmnahar.com;

What borrowers and investors should check

Live RBI status: Names and layers change—download the current master list on rbi.org.in.
Total cost of credit: Compare APR, processing fee, and foreclosure charges across banks and NBFCs.
Grievance channel: Note the NBFC's nodal officer before you disburse funds.
Credit bureau impact: EMIs usually report to CIBIL/Experian; defaults affect future loans.

Related on ESI Finance

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FAQs

Is Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000) registered with RBI?: Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000) appears on the RBI NBFC-BL list as on June 30, 2024. Status can change—confirm on rbi.org.in before transacting.
What type of NBFC is Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000)?: RBI classifies it as ICC (loans and credit). Investment and Credit Companies (ICC) are the most common NBFC type in India. They primarily lend and invest under RBI prudential norms. Borrowers often meet ICC NBFCs for personal loans, business credit, and vehicle finance.
Can this NBFC accept public deposits?: RBI extract shows public deposit CoR: No. Deposits remain subject to RBI limits even when permitted.
Does esi.in recommend this NBFC?: No. esi.in publishes educational directory information only—not credit ratings, loan offers, or investment advice.

Disclaimer: RBI list as on June 30, 2024. esi.in (Elevate. Scale. Inspire.) is not affiliated with RBI or Kovalam Investment And Trading Co. Ltd. (Formerly Known As Oswal Finance Company Limited As On 1.04.2000). Verify registration before financial decisions. Not financial advice.