Area of Operation

The target geography for Utkarsh's services will be the Northern and Central belt, which covers a vast, untapped market where a small number of MFIs have successfully begun operations. It started its operations in August 2009 with four branches, two urban and two rural branches in Varanasi district and subsequently it has expanded to Thirty Nine other districts. The company operates from 142 branches in these Fourty districts as on 31st Mar, 2014.
In 2011-12, the company expanded its operations in Bihar and in FY 2012-13, the company started operations in Uttarakhand, Madhya Pradesh, Delhi, Haryana & Maharashtra, besides penetrating deeper in Bihar. In FY 2013-14, the company plans to further expand its operations in the existing states namely, Uttar Pradesh, Bihar, Uttarakhand , Madhya Pradesh & Himachal Pradesh.

District wise coverage of the company as on 31st Mar is as follows:

Uttar Pradesh-- Allahabad, Azamgarh, Ballia, Chandauli, Deoria, Ghazipur,Gorakhpur, Jaunpur ,Kaushambi, Kushinagar, Mirzapur, Maharajganj, Saharanpur, Sant Ravidas Nagar ( Bhadohi), Sultanpur & Varanasi.

Bihar-- Bhojpur, Buxar, Gopalganj, Kaimur , Patna, Rohtas, Saran, Siwan, Poorvi Champaran.

Madhya Pradesh-- Jabalpur, Katni, Rewa & Satna

Uttarakhand-- Dehradun & Haridwar

Delhi-- Shahdara, North Delhi, North East Delhi, North West Delhi, West Delhi, East Delhi & South Delhi.
Himachal Pradesh-- Sirmour.
Haryana-- Faridabad.
Himachal Pradesh-- Nagpur.