About Nirantara FinAccess Private Limited in 201, 2nd floor, Above State Bank of India, Shankar Nagar Main Road, Nandini Layout PO, Bangalore

As of 30th September 2015, NFPL has loaned a total of INR 88.76 Cr and has accumulated 37,516 borrowers, during this FY. As on date portfolio outstanding is INR 66.48 Crores. NFPL has presence in 34 branches spread in 13 districts of Karnataka. The company has 214 full time employees as on date. The company’s goal is to reach one million low-income customers by 2020.

NFPL provides a range of financial products and services to cover customers’ needs. The company combines the unique Grameen Bank methodology of selecting, training, financing and servicing customers in the front-end with that of technology, processes and discipline of modern retail banking in the back-end. Under the group loan format, the company provides loans that range from Rs 15,000 to Rs 35,000, with an interest rate of 26% on a reducing balance basis. The company follows all the NBFC-MFI norms specified by Reserve Bank of India.

Our vision is “to be the most preferred financial inclusion organization for large communities of women.”

In order to reach our goal, our mission is “to develop Nirantara FinAccess Private Limited into a service-oriented, people-centric financial inclusive organization”

In concordance with our vision and mission, our values include: Empathy, Equality, Innovation, Improvisation, Timeliness and Credibility.

Get Directions