Incorporated in June 2017, Fincare Small Finance Bank Limited (‘Fincare SFB’) has its Registered Office at Ahmedabad, India, and Corporate Office at Bangalore, India. Fincare SFB, has been formed from the conversion of Disha Microfin Limited (‘Disha Microfin’), an NBFC-MFI. Disha Microfin was one among the 10 recipients of the ‘in-principle’ approval from the Reserve Bank of India (‘RBI’) in September 2015 to set up a Small Finance Bank with the objective of furthering financial inclusion under the “Guidelines for Licensing of Small Finance Banks in the private sector” issued in November 2014. In May 2017, Disha Microfin received the license from the RBI under Section 22 of the Banking Regulation Act, 1949 to carry on the Small Finance Bank business in India after complying with the requirements stipulated by the RBI.

Fincare SFB commenced its banking operations on 21st July 2017.

As an NBFC-MFI, Disha Microfin has been a provider of doorstep financial services to low income households and micro-entrepreneurs across Rural and Semi Urban India. The product basket comprised of unsecured micro individual loans and Secured Loans against Property as well as Loans against Gold. As of 31st March 2017, Disha Microfin had an AUM of Rs. 1314 crore and served over 9 lakh customers from more than 200 microfinance offices across Gujarat, Madhya Pradesh, Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh, Rajasthan and Puducherry.

Our Story

2007

Future Financial Services launches as an NBFC-MFI offering microloans to women in AP

2009

Disha Microfin, an NBFC-MFI, starts offering microloans to women in Gujarat

2010

True North Advisors (formerly India Value Fund Advisors) invests in both NBFC-MFIs

2013

Business expands across South & West India; launches Loan Against Property for businesses

2014

Disha Microfin and Future Financial unite under the brand ‘Fincare’

2015

Disha Microfin receives in-principle approval from RBI to convert to ‘Fincare Small Finance Bank’

2016

Fincare builds products, processes and technology to launch bank

2017

Fincare Small Finance Bank receives final license from RBI to start banking operations

Our Products

 

Fixed Deposits

 

Savings Account

 

Loan Against Gold

 

Loan Against
Property

 

Micro Loans

3D Advantage

Differentiated Banking

Unleash the power of #smartbanking with Doorstep Services, QR Payments, Anytime Transfers, 24×7 Cash In Cash Out and Instant Services

Delightful Experience

Experience Instant Account Opening, Deposit Booking, Fund Transfers and Loan Sanction at attractive rates and terms

Digital DNA

Unlock the Digital power from Internet Banking, Mobile Banking to Assisted Tab Banking for Accounts, Deposits, Fund Transfers and Loans

#SmartBanking