Our Story, Mission, and Values

About Shine Blue Hire Purchase Pvt. Ltd.

Company office or team

Company Introduction

Shine Blue Hire Purchase Private Limited was originally incorporated as “Shine Blue Hire Purchase Private Limited” on 18th September, 1990 vide Certificate of Incorporation No. 06-13554 of 1990-1991 issued by the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh at Jalandhar.

The company holds a Certificate of Registration No. B-06.00165 dated 10th April 2000, issued by the Reserve Bank of India to carry on the business of Non-Banking Financial Institution without accepting public deposits under Section 45 IA of the Reserve Bank of India Act, 1934.

In the year 2019, the company was taken over by the current management under the leadership of Mr. Surender Kumar Kandoi and Mr. Girish Kandoi, who envisioned building an organization focused on growth and financial inclusivity.

We are primarily engaged in the business of providing vehicle loans (Wheeler, Wheels - Commercial Vehicle, Cars), Tractor loans, and MSME (SBL) loans to customers belonging to lower and middle-income segments in semi-urban and rural areas. Our key focus areas are simple processes, minimal documentation, flexible repayment options, and a hassle-free and efficient sanctioning process.

Milestone Highlights

Our Journey

1990

Company Inception

Shine Blue Hire Purchase Private Limited incorporated on 18th September 1990. Registered with the Registrar of Companies, Chandigarh.

2005

Expansion into MSME Lending

Diversified portfolio to support small and medium enterprises.

2015

Digital Transformation

Launched digital platforms for easier loan application and management.

2019

New Management & Operations Relaunch

Operations were launched under the current management on 18th September 2019, renewing focus on growth and inclusivity under the leadership of Mr. Surender Kumar Kandoi and Mr. Girish Kandoi.

2023

Rural Outreach Milestone

Reached 100+ rural touchpoints, significantly expanding financial inclusion.

Vision & Mission

Our Vision

(English) We believe in equality we want to create one platform for every customer to fulfill every small & big financial need so we can proud as a financiers.

(Hindi) हम समानता में विश्वास करते हैं, हम प्रत्येक ग्राहक के लिए हर छोटी और बड़ी वित्तीय ज़रूरत को पूरा करने के लिए एक मंच बनाना चाहते हैं ताकि हम एक फाइनेंसर के रूप में गर्व कर सकें।

Our Mission
  • To increase our presence in rural and Semi-urban areas to reach out the target customer to provide them with financial support.
  • Make functional changes in the system to smooth line the system and to achieve the company vision.
  • To bring stable changes in customer lives to uplift their life style and to generate employment to support economics of the country.
  • To promote entrepreneurship, and to fund them to develop their dreams.

Guiding Our Actions

Company Philosophy & Values

Equality

We know the difference between right and wrong and choose to do what's right - for our employees & customers. We seek out diverse perspectives, communicate openly and honestly, and treat others with respect.

Result Driven

Functional changes in the system to smooth line the system and to achieve the company vision.

Customer Centricity

We focus our energies into creating satisfactory customer experience.

Teamwork

We work together, trusting each other to share knowledge openly and engage collaboratively to deliver our best work as a team.