
Svatantra Microfin
https://svatantramicrofin.comFounded :
2012
Type
Size
Stage
About
Svatantra is a next-gen micro finance entity offering differential banking solutions. At Svatantra, we constantly leverage technological innovation in order to bank the unbanked. Our aim is to encourage entrepreneurship where traditional banking systems cannot penetrate. We achieve this through a holistic financial and non-financial offering, with micro-credit being the main focus. The organisation is based on the tenets of entrepreneurship, transparency, and disruption through innovation. We were honoured to be the first microfinance institution to receive the Non-Banking Financial Company – Microfinance Institution (NBFC-MFI) license from the Reserve Bank of India. Also, rated A+ (CRISIL) and graded M1 (ICRA) company. Innovation and technological advancements are emphasised on in order to integrate, optimise and differentiate core business processes as well as to distinguish product lines. We pioneered 100% cashless disbursements since the beginning. Our indigenous App “SAATHI” has been recognised by The Economic Times BFSI Innovation Tribe Summit & Awards 2020 for being one of the most innovative initiative in the micro finance segment.
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