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About Us

Welcome to Reliant

About Our Company

Reliant Credits (India) Limited (RCIL) was established in 1989 as a Non-Banking Financial Company (NBFC) under Section 45-IA of the Reserve Bank of India Act, 1934. The Company was founded by a group of young entrepreneurs with a vision for sustained growth in the asset financing sector, focusing on hire purchase services. In 2020, there has been a strategic shift in the Company’s structure there by shifting the business focus to gold loans as a major growth segment with Microfinance and MSME Loans, moving from 7 branches to 125 branches in 2025. with footprint in Kerala, Karnataka , Telangana and Tamil Nadu. Under the guidance and supervision of the visionary Board, RCIL continues to further strengthen its operations towards creating lasting value for the communities it serves , thus enhancing its brand image and value.

Vision

Reliant targets to achieve a front liner position as a good companion, who ensures quality assets, personnel, and service to every customer.

Mission

Contribute to the betterment of the society by providing responsible financial services and solutions by holding to our ever-following values: Reliability, Quality service, and Commitment.

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Our Team

Our Management Team

James Joseph Arambankudy

An Ex.NRI for more than 4 decades having experience of working in renowned MNC. He has a vast experience in many of the financial institutions and holds the position like Chairmanship as well as Director in reputed institutions.

James Joseph Arambankudy
Vice Chairman

Josekutty Xavier

The renowned and experienced financier, having his entire career spanning of more than 4 decades, developed in many financing institution. He also holds key positions in various socio-economic spheres. Vice President of FIHPA – Federation of Indian Hire Purchase Association, President of Kerala Club Association, Vice President of Nidhi Companies Association et al.

Josekutty Xavier
Managing Director

Jaimon Iype

The man who has an exemplary career developed in renowned M.N.C.'s such as Oracle, Emaar group, ITC et al. The one with a futuristic vision and passion to attain the same.

Jaimon Iype
C.E.O

Independent Directors

Paul Joseph IES (Retd.)

Mr. Paul Joseph is a retired Indian Economic Service (IES) Officer of Government of India. He has vast experience of 38 years in the Indian Economic Service and has held several challenging positions such as Joint Director / Director (Stock Exchanges), Department of Economic Affairs, Ministry of Finance, Joint Secretary, Department of Agriculture and Cooperation, Ministry of Agriculture, Economic Adviser, Ministry of Corporate Affairs, Senior Economic Adviser, Department of Consumer Affairs and Principal Adviser, Planning Commission.

Paul Joseph IES (Retd.)
Independent Director

M. Riaz Ahmed

A Senior Finance and Governance professional with 36 years of experience in hoteliering and retailing business. Positions held were Company Secretary, Corporate Financial Controller, Divisional Financial Controller at ITC Hotels Division and Vice President-Finance at ITC Lifestyle Retailing Business Division.

M. Riaz Ahmed
Independent Director

Directors

Satyapalan S
Director
Adv. Unni S Kappen
Director
Dr. Rajesh Antony
Director

Prominent Leaders

Anoop C Xavier
Prominent Leader
K.O. Ittoop
Prominent Leader
N.S. Jose
Prominent Leader
M.K. Kuriachan
Prominent Leader
Jose Cherian
Prominent Leader
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Managing Director's Message

Josekutty Xavier

" Action without Vision is only passing time, vision without action is merely day dreaming , but vision with action can change the world " . We do follow this famous quote by Nelson Mandela that the balance between Vision & Action can stay on right track. At Reliant , we strive to keep our Customer's needs at the forefront and provide them with exceptional value also I would like to express my deepest gratitude to my Directors , Shareholders & Depositors for the immeasurable amount of support and guidance which has been vital to our growth and development . We thank you for your unwavering support and welcome you on board.

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