ICL is a leading financial services providing company established and emerged in 1991 with a registration under the companies Act 1956 and expanded its operation into non-banking financial sector in 1999 with the approval of Reserve Bank of India. Few decades back on a strong launching at Chennai and Kerala, ICL grew up and enlarged its operations to the business of loans and advances, both personal and business, hire-purchase loans, gold loans, home appliance loans, money transfer, forex, travel and tourism etc.
We are based in Irinjalakuda, a town in Thrissur, the cultural capital of Kerala, Our Head office is in Irinjalakuda which is known for its historical and cultural importance.
ICL has witnessed unparalleled growth under the leadership of its Managing Director and CEO, Mr. K G Anilkumar since its inception. It was by the sheer business acumen of Mr K G Anilkumar, the company acquired a Chennai based NBFC company, Jawahar Finance Company and renamed it as "Irinjalakuda Credits and Leasing Company Limited" in the year 1999, with the approval of Reserve Bank of India. The timing was perfect, with the general finance cum chitty companies were facing increasing regulatory hurdles from state authorities. Many such companies became non-viable and faced closure. NBFC companies were in the right place to tap in to the vast potential from Gold loan and other loan requirements from general public.
The company's first branch was established at a small town called Annamanada in Thrissur District on 20/4/2013. Since then, the company has maintained a consistent and rapid growth. Today, the company has over 130 branches spread across South India. ICL has set a tall aim to achieve a total of 1000 branches all across India by the end of year 2022.
With the pan India ambition in mind, the company has applied for the change of name to "ICL Fincorp Ltd" to be in tune with the Group's ambitious plans to spread across India. We are happy to inform you that the Reserve Bank of India has approved our application for change in the name in the month of June 2016 and henceforth, we will be known as "ICL Fincorp Ltd".
As an organization, we have our presence across five states in South India, viz. Kerala, Tamil Nadu, Karnataka, Telengana and Andhra Pradesh. The ICL Group consists of other concerns viz. ICL Builders Ltd, ICL Chits Ltd, ICL Tour and Travels P.Ltd, ICL Medilab P Ltd, Snow View Tex Collections P Ltd. ICL Cultural and Charitable Trust was formed with an aim to help the under privileged and people suffer from diseases. With the support of our people, we continue to explore more and more avenues to reach and succeed.
It has been a satisfying journey for all of us thus far and we look forward to continue our journey by enhancing our services in the years to come.
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