Who We Are
We are varsha services started in the middle of 2005 in bangalore. we are into(1) trading, (2)export and import, (3)financial services, arranging various loans subject to eligibility i.e home loans ,personal loans,business loans, unsecured loans,(4) arranging project financing, (5)arranging bank guarantees, letter of credits, (7)travel services like air ticketing, arranging package tours etc. WE DO NOT DO BUS TICKETS. we have GST number.
We have also started services in which we shall try to coordinate/ assist Entrepreneurs who have made loss in business in identifying the Reasons for loss and will try to suggest remedial measures and At our discretion can also implement suggestions to ensure that Losses are covered over a period of time gradually. You can view Details on this in the head “assist to try to reduce losses” in this web site.
Mr. M subbarao is proprietor and CEO of our varsha services. He is M.com and also passed Post graduate diploma in business administration (one yr course). He worked in a financial institution in managerial level for more than 23 yrs and has good experience in finance, accounts, agreements, bank guarantees, project financing, loans sanction/disbursement recovery, management, supervision of implementation (finance side) of projects, HR services, Board and committee meetings etc. He took VRS from the service as manager finance.
He started Varsha services in the middle of 2005. He has good experience in negotiating on business deals, deciding the deals. He travelled abroad to Singapore, Malaysia, Santiago de chilli in south America, dubai and USA,Thailand, srilanka on his personal works. We have good and experienced personnel and work as team to ensure good performance.
What We Do
As traders, in 2006 with small investment of 5.00 lakh we supplied trading for domestic use at a value of 80.00 lakh And earned bonus for supply of quality material. From 2007 we discontinued, and we are again restarting arranging manganese ore etc., material. You can see some more details in trading page in this web site.
We have of late decided to go in for exports. We have iec code. We are contemplating to procure applique handicrafts from pipili and To export them /market them in india also. We have uploaded some Images/photos also on this. We are also interested to help businessmen to export sugar or any other material from india or from any other country subject to Legal viability and commercial viability. You can see the brief details in our export and import head in this Website.
In loans we arrange various types of loans through banks and NBFCs to eligible borrowers. You may visit our Loans head in this web site for details. We have arranged home loans, unsecured business loans, personal loans to various customers. You can see more details about loans in our loans head in this web site.
Any entrepreneur or businessman may intend to start a new venture For manufacture, storage ,or infrastructure providing,or for expansion or diversification or modernization of a product or services and may Look for financing. This is known as project financing. In project Financing the future income of the project, present credentials of Promoters and collaterals are taken into consideration. We try to arrange subject to eligibility project finance from banks/nbfcs. We also take up implementation of projects in some cases subject to our discretion. you can view details on this in the head “project financing and implementation ” in this web site.
Regarding tours and travels we arrange flight tickets , arrange package tours, book hotels etc., WE DO NOT MAKE BUS TICKETS. our team members have firsthand knowledge on various pilgrim and tourist places in india as they visited those places and will be helpful much in advising you and informing you about some of those places for planning your tours. Abroad india also they have visited Dubai, Malaysia,Singapore,Santiago de chilli, srilanka,Thailand, and some places in USA and can assist you about some areas in those places for your tours. We book flight tickets. You can see more details in our travel head in this web site under Varsha travel content.
When a customer places purchase order for material or services, the seller before ensuring supply asks for advance. The customer asks some guarantee before giving the advance so that in case the seller will not supply or perform the customer can enforce this guarantee and recover his amount. This guarantee is given by seller bank to the customer. This is known as bank guarantee.
In letter of credit, the buyer bank issues a letter to seller bank stating The buyer bank will release the funds to seller bank after material Is supplied and purchase order conditions are complied. You can view Details on this in the head “bank guarantees/letter of credit” in this web site.
We have also started services in which we shall coordinate/ assist Entrepreneurs who have made loss in business in identifying the Reasons for loss and will try to suggest remedial measures and At our discretion can also implement suggestions to ensure that Losses are covered over a period of time gradually. You can view Details on this in the head “assist to try to reduce losses” in this web site.