New Delhi, Oct. 16 -- Axis Finance Limited (AFL), one of India's fastest-growing non-banking financial companies (NBFCs), today announced the launch ofAxis Finance Shakti,a Micro Loan Against Property (Micro LAP) product, on the auspicious occasion of Dhanteras. The product is designed to empower emerging customer segmentsby providing tailored financial solutions for both business and personal needs.

Axis Finance Shakti is designed to serve micro-entrepreneurs, traders and self-employed individuals across manufacturing, trading and services sectors, as well as salaried customers. With minimal appropriate documentation requirements, the product seeks to enhance access to formal credit for a wide range of business profiles. With simplified...