About Utkarsh Small Finance Bank
Utkarsh Small Finance Bank provides affordable banking services - loans, accounts, deposits and investments across India .
Utkarsh Small Finance Bank Limited (USFBL),(NSE/BSE UTKARSHBNK) incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on providing microfinance to the underserved and unserved sections of the country. The Bank’s lending activities are primarily focused in rural and semi-urban locations of the country while its 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.
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, and 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.
Vision
To be the most trusted, digitized bank that is financially and socially inclusive, and creates value across social strata through insightful and viable solutions.
Mission
Be the preferred financial institution across all customer segments through technology-enabled solutions that are sustainable, inclusive, and scalable, supported by a work culture that centers on passion, values, and corporate ethics to deliver the best in class customer experience
Culture & Life
Utkarsh Small Finance Bank emphasizes a customer-centric and employee-friendly work environment. The culture promotes ethical practices, transparency, and accountability. They foster a collaborative environment where employees are encouraged to contribute their ideas and work towards achieving the bank's goals. The bank also focuses on employee training and development to enhance their skills and knowledge.