Credifin - Himachal Pradesh Operations

Our Impact in Himachal Pradesh

5,000+

Happy Customers in Himachal Pradesh

150+

Dealer Network

20+

Branches Across Himachal Pradesh

Our Loan Products

Home Loan

Own your dream home in Himachal’s scenic hills with our competitive home loans.

Business Loan

Grow your business in Himachal’s tourism and horticulture sectors with flexible financing.

Commercial Vehicle Loan

Finance commercial vehicles to support transportation needs in Himachal’s terrain.

Car Loan

Drive through Himachal’s mountains with our hassle-free car loans at competitive rates.

Tourism Enterprise Loan

Specialized financing for homestays, adventure tourism, and hospitality businesses.

MSME Loan

Tailored solutions for Himachal’s growing pharmaceutical and food processing enterprises.

Supporting Himachal’s Tourism Economy

Himachal Pradesh, the Dev Bhoomi, is renowned for its hill stations like Shimla and Manali, attracting 18.1 crore tourists in 2024.

Credifin offers financing for tourism businesses, from homestays to adventure sports ventures, fueling 7.78% of the state’s GSDP.

18.1 Cr

Tourists in 2024

7.78%

GSDP Contribution

4,905

Registered Homestays

2 Lakh+

Tourism-Related Jobs

Himachal Pradesh’s Economic Landscape

Key Industries

Tourism & Hospitality 35%
Hydropower 25%
Agriculture & Horticulture 20%
Pharmaceuticals 15%
Manufacturing 5%

Economic Indicators

GSDP

₹2.27 Trillion

Per Capita Income

₹2.57 Lakh

Literacy Rate

82.80%

Urbanization

10.03%

Supporting Himachal’s Handicraft Industry

Himachal Pradesh’s handicrafts, like Kullu shawls and Kangra paintings, reflect its rich cultural heritage. Credifin provides financing to artisans to preserve these traditions.

Kullu Shawls

Intricate woolen shawls with vibrant patterns. We finance looms and raw materials.

Kangra Paintings

Traditional miniature art from Kangra. Our loans support artisans’ studios.

Chamba Rumals

Embroidered handkerchiefs with intricate designs. We finance training and market access.

Supporting Himachal’s Agricultural Economy

Strengthening the Agricultural Value Chain

Agriculture employs 53.98% of Himachal’s population, with apples as the principal crop, contributing ₹3,500 crore annually. Credifin offers financing solutions:

Farm Mechanization: Loans for tractors and harvesters
Cold Storage: Financing for apple and fruit storage units
Food Processing Units: Loans for juice and jam production

Empowering MSMEs in Himachal Pradesh

Himachal’s industrial sector, including pharmaceuticals and food processing, contributes 40% to GSDP. Credifin supports MSMEs with tailored financing:

Working capital loans for operations
Equipment financing for modernization
Expansion capital for growth
Supply chain financing for trade
Collateral-free loans for eligible businesses

MSME Sector in Himachal Pradesh

Industrial Sector GVA

₹86,695 Cr

Manufacturing Contribution

26.19%

Construction Growth

9.4%

FDI Inflows

US$246.74M

What Our Himachal Customers Say

Credifin’s tourism loan helped me expand my homestay in Manali, attracting more tourists.

Priya Thakur

Homestay Owner, Manali

With Credifin’s agricultural loan, I set up a cold storage unit for apples in Shimla.

Rakesh Sharma

Apple Farmer, Shimla

Credifin’s handicraft loan helped me scale my Kangra painting studio in Dharamshala.

Anjali Devi

Artisan, Dharamshala

Financing Religious Tourism Enterprises

Pilgrim Accommodation

Financing for hotels and guesthouses catering to Shakti Peeth pilgrims.

Pilgrim Services

Loans for transport, food, and amenities for religious tourists.

Religious Merchandise

Financing for businesses selling religious items and souvenirs.

Did you know?

Kullu Dussehra, a week-long festival, attracts lakhs of devotees and showcases Himachal’s vibrant culture.

Ready to Grow with Credifin in Himachal Pradesh?

Join 5,000+ satisfied customers across Himachal Pradesh who trust Credifin for their financial needs

Empowering Dev Bhoomi