Utkarsh Micro Finance's asset
Utkarsh Micro Finance

@utkarshmfi.com

Utkarsh Micro Finance, a non-banking finance company (NBFC), provides financial and non-financial services to the unbanked population.

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Utkarsh Micro Finance is a microfinance institution based in Varanasi, India. It was founded in 2009 by Govind Singh and Deepak Kindo with the goal of providing financial services to the unbanked and underserved regions of India. Initially starting as a microfinance company, Utkarsh Micro Finance has expanded its operations and become a small finance bank in 2017.


The headquarters of Utkarsh Micro Finance is located in Varanasi, Uttar Pradesh, India. The company operates through a network of branches across several states in India, including Uttar Pradesh, Bihar, Jharkhand, Maharashtra, Madhya Pradesh, and Delhi. Utkarsh Micro Finance primarily offers financial services to low-income individuals and microentrepreneurs.


Their main products and services include microcredit, microsavings, microinsurance, and remittances. They aim to empower their clients by providing them access to affordable financial services that can help them improve their standard of living and expand their businesses. On a global scale, Utkarsh Micro Finance primarily operates in India and has not expanded significantly outside the country.


As of now, there is no information available about any noteworthy subsidiaries, joint ventures, or partnerships involving Utkarsh Micro Finance. In terms of market position, Utkarsh Micro Finance has established itself as a prominent microfinance institution in India. It has a strong presence in the states it operates in and has gained the trust and confidence of its clients.


While there is no specific information available about its global sales figures, Utkarsh Micro Finance is considered as one of the key players in the microfinance sector in India. In recent years, Utkarsh Micro Finance has achieved several milestones and made significant changes in its strategy and product lineup to foster growth. The most notable achievement was its transition into a small finance bank in 2017, which allowed it to expand its range of services and cater to a wider customer base.


As of the latest available information, Utkarsh Micro Finance continues to operate as Utkarsh Small Finance Bank, offering a comprehensive range of financial services to the economically marginalized sections of society in India

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