Paragon Finance Limited, established in 1986, is a Non-Banking Financial Company based in Kolkata, India. It specializes in providing loans against vehicle securities, investing in shares and mutual funds, and offering financial services to businesses and individuals. The company operates across various sectors, including automobile finance, shares, inter-corporate deposits, real estate, and the commodity market. Its subsidiary, Olympia Credits & Mercantile Limited, focuses on investment and finance.
Paragon Finance Ltd is noted for its low default rates and impressive internal rate of return of 24%. It plays a significant role in supporting unemployed individuals by offering affordable financing options for small and large commercial vehicles, thereby contributing to employment opportunities across urban and rural areas of Jharkhand, Bihar, West Bengal, and Bangalore. Listed on the Bombay Stock Exchange since 1995, the company continues to expand its customer base and maintain steady earnings despite external market conditions.
