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ICL Fincorp opens 11 branches in Hyd

As part of a plan to expand services in the city, ICL Fincorp opened 11 new branches. The branch inauguration was followed by sponsorship ceremony. Education and living expenses will be taken for 100 orphan children in the State, besides providing sports kit and study materials, free of cost, to 25 schools in Hyderabad.

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ICL Fincorp opens 11 branches in Hyd
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21 Aug 2023 3:48 PM IST

Hyderabad As part of a plan to expand services in the city, ICL Fincorp opened 11 new branches. The branch inauguration was followed by sponsorship ceremony. Education and living expenses will be taken for 100 orphan children in the State, besides providing sports kit and study materials, free of cost, to 25 schools in Hyderabad. The highest scored students from 10th and 12th grades of each of the 25 schools were felicitated at the inaugural event with cash prizes and memento

The sponsorship will be fulfilled by Talasani Srinivasa Yadav, Telangana Minister of Fisheries and Animal Husbandry. The school empowerment and felicitation programme was carried out by Mynampally Hanumanth Rao. ICL Fincorp in a statement said, under the leadership of CMD, Adv K G Anil Kumar, the NBFC, with over 300 branches in India has established a strong foothold in Southern states - Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, as well as in Odisha.

The new branches launched in Hyderabad are at Uppal, Malkajgiri, Shamshabad, Ramanthapur, Sagar Road LB Nagar, Pochamma Maidan, Narsampet, Dabbal Hanuman Nagar, NIT College Road, Chintal and Barkatpura. The ICL Fincorp provides gold loan, hire purchase loan, investment options, money transfer, foreign exchange, business loan, home insurance, health insurance and life insurance. ICL Fincorp has also acquired Salem Erode Investments, the BSE Listed NBFC with over 92 years of service in Tamil Nadu.

ICL Fincorp Hyd 
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