About ESAF Small Finance Bank
A social banking institution focused on providing financial services to unbanked and underbanked populations, promoting economic growth and financial inclusivity.
ESAF Small Finance Bank (ESAF SFB) the new age social bank continues to redefine the banking experience to all the stakeholders. We primarily focus on expanding the banking horizon to new unbanked/underbanked area, yet we stand as a bank for all with presence in urban, semi urban, rural and rural unbanked areas. ESAF started it’s journey as an NGO during the year 1992, with a larger vision of sustainable and holistic transformation of the poor and the marginalized. The success of Grameen Bank in Bangladesh reinforced the vision of Shri. K. Paul Thomas the Founder of ESAF. In 1995, he launched Micro Enterprises Development (MED) services and it resulted in the formation of ESAF Microfinance and Investments Pvt. Ltd., in 2008, giving importance of financial component in holistic economic development of the poor and marginalized. ESAF Microfinance and Investments Pvt. Ltd. was one of the pioneers in establishing a formal and structured form of lending through forming mutually trusted groups at the village level that could not only bring financial sustainability but also reinforced the fact that ‘the poor of our country are trustworthy’. In the remote and unbanked/under banked regions of the country, ESAF could cultivate a culture of financial discipline and also improved the workers participation rate as women too joined the workforce or started some income generation activity that could financially support their household. Financial literacy mission started by ESAF could not only bring know-how on how to spend wisely but also secure the future. ESAF has adopted a unique social business strategy, with a triple bottom line approach, emphasizing on People, Planet and Prosperity. The following are some of the highlights: -For every rupee invested in ESAF, studies by international agencies revealed that the Social Return on Investment stood at Rs. 3.19. -Some of the other changes brought about by ESAF are women’s access to employment, contribution to household income, access to and control over household resources, participation in household financial decision-making etc. -ESAF could also gather a carbon offset of 20 million tones in the international market.
Vision
To be India’s leading social bank that offers equal opportunities for the whole society through universal access and financial deepening, thus promoting financial inclusion, livelihood and economic development as a whole.
Mission
To provide responsive banking services to the underserved and un-served households in India facilitated by customer-centric products, high quality service and innovative technology.
A little more about ESAF Small Finance Bank
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Frequently asked questions about ESAF Small Finance Bank
What does ESAF Small Finance Bank do?
ESAF Small Finance Bank is a leading company in the Banking sector. It provides innovative solutions to clients across multiple industries globally.
Where is ESAF Small Finance Bank headquartered?
ESAF Small Finance Bank is headquartered in Thrissur/Trichur, Kerala. The company operates across multiple locations in India and internationally.
How many employees does ESAF Small Finance Bank have?
ESAF Small Finance Bank employs 1001-5000 professionals worldwide. The company continues to grow and regularly hires across various functions and geographies.
When was ESAF Small Finance Bank founded?
ESAF Small Finance Bank was founded in 2016. Over the years it has grown into a globally recognised organisation in the Banking space.
Who is the CEO of ESAF Small Finance Bank?
The CEO of ESAF Small Finance Bank is . The leadership team is committed to driving innovation and employee growth.
Is ESAF Small Finance Bank a good place to work?
ESAF Small Finance Bank is widely regarded as a strong employer in the Banking sector. The company offers structured career paths, learning programmes, and a collaborative work environment.
What is the hiring process at ESAF Small Finance Bank?
The hiring process at ESAF Small Finance Bank typically includes an online application, aptitude or technical assessments, and multiple interview rounds. The process varies by role and experience level.
Does ESAF Small Finance Bank hire freshers?
Yes, ESAF Small Finance Bank actively recruits freshers through campus placement programmes and graduate hiring drives. Entry-level roles are available across technology, business, and operations functions.
What are the career growth opportunities at ESAF Small Finance Bank?
ESAF Small Finance Bank invests in employee development through structured learning platforms, mentorship programmes, and internal mobility. Employees can advance across technical, managerial, and leadership tracks.
What benefits does ESAF Small Finance Bank offer to employees?
ESAF Small Finance Bank offers a comprehensive benefits package that typically includes health insurance, paid leave, retirement benefits, and learning allowances. Specific benefits may vary by location and role level.