L&T Finance's 'Pillion Rider to Rider' Initiative Transforms Over 100 Women in Hubballi
L&T Finance Ltd. (LTF), a leading Non-Banking Financial Company (NBFC), has successfully concluded its innovative 'Pillion Rider to Rider' program in Hubballi, Karnataka. This initiative, conducted in partnership with Aatm Nirbhar, a social enterprise focused on women's mobility training, empowered more than 100 women by providing professional training in two-wheeler riding at K.L.E. Society's Jagadguru Gangadhar College of Commerce.
Program Details and Impact
The program aimed to shift participants from reliance on public transit to personal two-wheeler mobility, fostering lasting independence and self-reliance. Beyond basic riding skills, the curriculum integrated comprehensive road safety modules and assisted every participant in securing official learner's licenses. The training utilized beginner-friendly two-wheeler models to ensure a safe and modern learning experience.
During the felicitation ceremony, an intensive Road Safety & Driving session was held to educate women on traffic regulations and ethical road practices. Upon completion, certificates were awarded to the learners, marking their transformation into confident and independent riders.
Leadership Insights and Business Excellence
Mr. Jinesh Shah, Chief Executive – Urban Secured Assets & Third-Party Products at LTF, emphasized the company's role as an enabler beyond traditional lending. He stated, "The 'Pillion Rider to Rider' initiative serves as a powerful testament to our commitment to driving mobility and empowering the next generation to take control of their own journeys." He highlighted that LTF's Two-Wheeler Finance business is a top-performing segment, with a prime-dominant portfolio and superior zero Days Past Due (DPD) record compared to industry standards.
Shah also detailed LTF's broader offerings, including instant approvals, maximum loan eligibility, and competitive EMIs starting at Rs. 2,199 per lakh. This efficiency is driven by 'Project Cyclops,' a proprietary Artificial Intelligence/Machine Learning engine that assesses creditworthiness in real-time.
Financial Performance and Institutional Background
In the third quarter ended December 31, 2025 (Q3FY26), LTF's Two-Wheeler Finance business achieved record quarterly disbursements of Rs. 3,217 Crore, reflecting a 33% Year-on-Year growth. The total book size reached Rs. 13,913 Crore, marking a 10% increase from the previous year.
K.L.E. Society's Jagadguru Gangadhar College of Commerce, established in 1947, is a premier NAAC A++ accredited institution affiliated with Karnataka University. It offers B.Com. and M.Com. programs with a focus on commerce education, including specialized training in taxation and computer applications, supported by experienced faculty and active placement services.
About L&T Finance Ltd.
Headquartered in Mumbai, L&T Finance Ltd. is a leading NBFC with a 'AAA' credit rating from domestic agencies and upgraded ratings from S&P Global and Fitch. The company has received recognition for its Environmental, Social, and Governance (ESG) performance and initiatives like Digital Sakhi, which focuses on women's empowerment and digital inclusion. As part of its Lakshya 2026 plan, LTF aims to become a top-class, digitally enabled Retail finance company with a customer-centric approach and a robust portfolio.
