Pal Credit & Capital was incorporated on February 28, 1962 and is engaged in the business of hire purchase and other financial activities. It was earlier known as Pal Hire Purchase, it got its present name on March 26, 1992. The company belongs to the Walchand group and has been promoted by Premier (earlier Premier Automobiles). Walchandnagar Industries is another group company.

The registered office of the company is located at Jayant Arcade, 2nd Floor, M G Road, Rajawadi Junction, Ghatkopar (East), Mumbai 400077.

Business area of the company

The company is engaged in the business of hire purchase and lease financing automobiles, equipments, bill discounting, financial consultancy, merchant banking, etc.