Svatantra Microfin Pvt. Ltd.

Svatantra Microfin Pvt. Ltd.

Financial Services

Mumbai, Maharashtra 66,541 followers

Self-Sufficiency Through Efficiency

About us

Svatantra was incorporated in 2012 by Ms. Ananya Birla. It started its operations in March 2013. In a short span Svatantra has emerged as the most differentiated process and technology-driven microfinance entity, which offers microcredit at affordable rates in the country. Svatantra has been a first mover and shaper of the industry by being the first MFI with 100% cashless disbursements since inception, and the first to roll-out an extensive customer facing app that is conducive to client social behaviours. The AA- graded organization (highest rating in the sector) was awarded the best microfinance organization of the year and has been placed in the top 25 best places to work in its segment by globally recognized Great Places To Work (2020 and 2022). Ananya Birla’s Svatantra acquired a housing finance company in the year 2018 and in one of the largest and latest deals in the industry, the company also acquired Chaitanya India Fin Credit, making Svatantra the second largest microfinance organization in the industry. With a team strength of over 19,800 and an AUM of over 14,451 Crore (as of May 2024), Svatantra is financing the entrepreneurs who are powering India’s growth story.

Industry
Financial Services
Company size
5,001-10,000 employees
Headquarters
Mumbai, Maharashtra
Type
Partnership
Founded
2012
Specialties
Microloans, Micro-credit, FinTech, 100% cashless disbursement, ICRA rated A-, First NBFC MFI, Third fastest growing MFI in India, 0 % default rate, One of the lowest interest rate, Value based culture, Client oriented, and Constant innovation

Locations

  • Primary

    Svatantra Microfin Pvt. Ltd., 20th Floor, Sunshine Towers, Senapati Bapat Marg, Elphinstone Road (W)

    Mumbai, Maharashtra 400013, IN

    Get directions

Employees at Svatantra Microfin Pvt. Ltd.

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