About Us

ITI CREDIT LTD (erstwhile Fortune Credit Capital Limited) – a Non-Banking Financial Company (NBFC) is a 100% subsidiary of The Investment Trust Of India Limited – a financial services conglomerate listed on the Bombay Stock Exchange. ITI CREDIT LTD (ITICL) (erstwhile Fortune Credit Capital Limited) is in the business of small business loans, SME loans, loans against shares, corporate loans and group loans.

ITI Vikas, a product under ITI CREDIT LTD (ITICL) (erstwhile Fortune Credit Capital Limited), is a new age small-financing initiative focused on entrepreneurial led development of enterprises. Our objective is to empower entrepreneurs by bringing them into the formal banking system, enhancing their risk appetite and providing a springboard for scaling up their ventures with our capital and financial support. We provide hassle-free loans ranging from Rs. 15,000 to Rs. 85,000. At the core of our philosophy, lies efficiency driven by continuous process improvements, innovation driven by technology and transparency driven by 360 degree engagement. We are one of the few NBFCs in the country with 100% cashless disbursements of loans.

The Investment Trust of India Limited, through its group companies, is in the business of vehicle finance, SME finance, education finance, investment banking, institutional broking, retail broking and mutual fund. ITI Group is present in 200+ locations across India. Mr. Sudhir Valia, Executive Director, Sun Pharmaceuticals (India) Limited along with his associates is one of the largest shareholder of ITI Limited.

Our Values






"Micro Loans, their noble creed, lending wings to dreams that once seemed freed. A bridge they build, connecting hearts, infusing courage to embark on new starts. With open arms, they welcome the weak, empowering voices that were once meek.

A nurturing hand, extending to all, breaking the chains of poverty's thrall. For Vikas Micro Loans, we'll give applause. In their hands, a world of possibility, where dreams come true, for all to see. Vikas Micro Loans, a guiding star, illuminating paths, near and far. Vikas Micro Loans, a beacon of light, a lifeline for many, shining ever so bright.” - Chaitanya D. Jukar

ITI Vikas – Products

We play a pivotal role in India’s urbanisation story by ensuring business and financial support to women and business entrepreneurs through our structured products. With robust technology and innovative processes, we typically sanction these loans within 5 working days, thereby enabling quicker and more convenient access to capital.


Vikas Loan

15,000 To

Loan Amount

12 To 48 Months


22% - 25%

Average Rate Of Interest

Joint Liability
Group Loan

Effective Minimum Interest Rate*


Effective Maximum Interest Rate*


Average rate of interest in last quarter*


Processing Fees

0% to 1.75%


Working Capital Loan

10,000 To

Loan Amount

6 To
48 Months


22% - 25%

Average Rate Of Interest

Backed Products

Effective Minimum Interest Rate*


Effective Maximum Interest Rate*


Average rate of interest in last quarter*


Average Processing Fees

0% to 2%


Individual Loan

10,000 To

Loan Amount

12 To 48 Months


22% - 25%

Average Rate Of Interest

SME - Product

Are you a business with monthly sales of 2 lakhs or more?

This is the right product for you.

Quick business loans of Rs. 2 lac to Rs. 1.5 Crore

Minimum Documentation

Tenure of 3 months to 24 months

Flexible Repayment Options

For Working Capital or For Investment


Submit KYC (Aadhar, Voter ID, PAN)

ITI Representative conducts house visit

Training on Financial Litercy

Pre-sanction Validations

100% Cashless Disbursement

Our Presence





We have consolidated our presence in areas where the small scale industry is growing. Our offices are in Maharashtra, Assam, Bihar, Karnataka and West Bengal. Our presence is not only multi-state but multi-city within each states.

ITICL Vikas is one of the new age entities offering small finance to businesses catering to various sectors of the industry.

Management Team

Mr. Chintan Valia
Chairman- ITI Group
Director- Fortune Credit Capital Limited

Mr. Chintan Valia is a Commerce Graduate from Mumbai University, a member of the Institute of Chartered Accountants of India and has done Post Graduate Management Program from IIM Bangalore. He has founded and set up the business of vehicle financing and currently manages a portfolio of INR 1,150 crores in a with over 100+ locations across India. Earlier he has been associated with Procter & Gamble India, Australia ASEAN India (AAI), Goldman Sachs Investment Banking division London and ICICI Bank Limited Mumbai. He has an overall experience of more than a decade in the field of financial services.

Mr. Rakesh Shetty
Product Head

Mr. Rakesh Shetty is a finance professional with 20 years of experience in setting up operations and managing businesses across financial products, ranging from assets to liabilities. He had set up bancasurance channel as a Product Head at Axis Bank, guided the bank, to be the second largest agent for the banca partner in the first year. Previously he also headed the Retail Sales Channel at Axis bank and was instrumental in growing team size and enhancing acquisition productivity multiple fold. He was one of the key members at Madura finance to setup their HR, Credit, Branch Systems and Collections operations for the finance business in new states, to transit to a systemically important finance Company. Rakesh has special interest in devising new methods and methodologies through business process re-engineering with a goal of maximizing customer value and employee satisfaction, eventually leading to accretion in shareholder value.

Partner with us

We collaborate with organisations focusing on women empowerment, job creation for low income class profiles, entrepreneurship associations, organisations and NGOs with specific social causes.

Please write to us at

Contact Us


ITI House, 36 R K Shirodkar Marg, Parel, K.E.M Hospital, near Bata Show Room, Mumbai – 400012.

Grievance Redressal Officer


Mr. Subbiah Manickam

Phone No:

022 6909 3743



RBI NBFC Regn.No.:

N-13.01902 dated 24th June,2008

General Enquiry

Phone No:

022 6909 3650 / 1

Email ID: