Banking Recruitment

(Immediate Requirments in Audit / IT / Training Domains for experienced / retired candidates.)

*S-2/639-56, Varuna Vihar Colony, J.P. Mehta Road, Cantt. Varanasi, Uttar Pradesh - 221002 (10:00 AM to 1:00 PM)

Reserve Bank of India accorded 'Small Finance Bank' licence to Utkarsh
(Licence No. MUM: 125 dated November 25, 2016).

* CARE has revised company's Long term bank facilities to CARE A from CARE A-.

* CARE has revised company's NCD rating facility to CARE A from CARE A-.

* CARE has reaffirmed company's commercial paper rating to A1.

* ICRA reaffirmed company's grading as M1 indicating company's ability to manage its microfinance activities in a sustainable manner is the highest.


Utkarsh Micro Finance Limited is registered with Reserve Bank of India as Non Banking Finance Company-MFI (NBFC-MFI). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it had started with credit under Joint Liability structure and insurance, but subsequently it started Micro Enterprises Loan and Micro Pension. It also collaborated with Utkarsh Welfare Foundation -a section 25 company- to provide Vocational Training and Market Linkages, Green Energy (solar) Initiatives, Health Initiatives and Financial Awareness training. It is committed to provide more products & services to bring transformation in the lives of underprivileged.

  Our reach as on Oct 31, 2016
Group lending
No. of Branches 346
Members 1,283,654
Active Loan client 1,210,171
Total Disbursement ( ͅ in Mn) 45,907.00
Portfolio outstanding ( ₹ in Mn) 17,097.8
Micro Enterprises Loan
No. of Branches 23
Active Loan client 17121
Total Disbursement ( ₹ in Mn) 1725.20
Portfolio outstanding ( ₹ in Mn) 959.14
Housing Loan
No. of Branches 3
Active Loan client 138
Total Disbursement ( ₹ in Mn) 41.4
Portfolio outstanding ( ₹ in Mn) 38.6
  Recent Newsletter
   Click here to Download the (Q2 FY 16-17 ) September 2016 Newsletter.
  Loan Portfolio Audit
   Click here to Download the Loan Portfolio Audit.



Client Grievance Redressal Mechanism:

Employee Grievance Redressal Mechanism:
Fair Practices Code: