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 Fourty Five other districts. The company operates from 166 branches in these Fourty Six districts as on 30th June, 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, besides penetrating deeper in Bihar. In FY 2013-14, the company further expanded to Haryana, Maharashtra & Himachal Pradesh. The company plans to penetrate deeper in Bihar, Maharashtra and Madhya Pradesh in FY 14-15 .

District wise coverage of the company as on 30th June 2014 is as follows:

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

Bihar-- Bhojpur, Buxar, Gopalganj, Kaimur , Patna, Rohtas, Saran, Siwan, Poorvi Champaran, Pashchim Champaran, Aurangabad, Gaya, Muzaffarpur.

Madhya Pradesh-- Jabalpur, Katni, Rewa & Satna

Uttarakhand-- Dehradun & Haridwar

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