Headquartered in Nagpur, Berar Finance was founded in 1990. It is one of the leading two-wheeler financing NBFCs in Central India. It has a network of 75 branches spread across the states of Maharashtra, Chhattisgarh, Madhya Pradesh, Gujarat, Karnataka and Telangana. It has a network of 1,100+ dealers and sub-dealers mostly located in rural and semi-urban areas. The Company is headed by Maroti G. Jawanjar and Sandeep Jawanjal who have significant domain experience.

The Company has diversified its product offering from only two-wheeler loans and currently offers multiple products including two-wheeler refinance, used car loans and personal loans. Berar has a well-diversified lender base comprising of 27 financiers which includes a mix of scheduled banks and NBFCs. The Company is also one of the select NBFCs in India with a license to accept public deposits from the RBI.