The Company originally incorporated as The Jayabharat Insurance Company Limted on 25th March, 1943, was dealing in General Insurance Business. On Nationalisation of Insurance business in 1969 the Company was subsidiary to The New India Assuarance Company which took over the Insurance business of the Company.

Jayabharat changed course to become Non Banking Finance Company (NBFC) and took to the business of financing trucks under Hire-Purchase schemes. Leasing followed so did corporate financing. The Company has been paying uninteruppted dividend since past 34 years to its Shareholders. The company products are Heavy Commercial Vehicle, Light Commercial Vehicle, EarthMoving Equipment, Light Motor Vehicles, Industrial Equipments, Office Equipments.