Utkarsh Small Finance Bank

Utkarsh Small Finance Bank

Banking

Varanasi, Uttar Pradesh 350,617 followers

Aapki Ummeed Ka Khaata

About us

Utkarsh Small Finance Bank Limited (USFBL), incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on the underserved and unserved sections of the country. The Bank’s lending activities are primarily focussed in rural and semi-urban locations of the country while its deposit mobilisation and other services are spread across the country. The Bank commenced its operations on January 23, 2017, pursuant to the small finance banking licence granted by RBI on November 25, 2016. Prior to transfer of the business of providing microfinance to the Bank, Utkarsh (as Utkarsh Micro Finance Limited, currently Utkarsh CoreInvest Limited) has a history of providing microfinance primarily to the customers in rural and semi-urban segments. The Bank extends microfinance loans based on Joint Liability Group (JLG) model to individuals, other retail asset loans including Micro, Small and Medium Enterprise (MSME) Loans, Housing Loans (HL), Personal Loans, Commercial Vehicle Loans, Construction Equipment Loans and Wholesale Lending to borrowers. The Bank offers a slew of digital services such as Internet and Mobile Banking, Digi On-Boarding, an online account opening facility for clients, besides a range of ATMs and Micro ATMs for ease of transactions, amongst others. The Bank is headquartered at Varanasi, Uttar Pradesh.

Website
http://www.utkarsh.bank
Industry
Banking
Company size
10,001+ employees
Headquarters
Varanasi, Uttar Pradesh
Type
Public Company
Specialties
Banking

Locations

  • Primary

    Registered Office: Utkarsh Tower, NH -31(Airport Road), Sehmalpur, Kazi Sarai, Harhua,

    Varanasi, Uttar Pradesh 221105, IN

    Get directions

Employees at Utkarsh Small Finance Bank

Updates

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Funding

Utkarsh Small Finance Bank 5 total rounds

Last Round

Series unknown

US$ 59.3M

See more info on crunchbase