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ESAF Small Finance Bank Limited (ESAFSFB)
What ESAFSFB does

ESAF Small Finance Bank Limited

What company does?Provides banking and financial services
Established2017
Entity typePrivate
HeadquartersIndia
SegmentB2C
ESAF Small Finance Bank Limited is a share market listed company in the Banks - Regional industry . It got listed on NSE on 10-NOV-2023 under the trading symbol ESAFSFB. The company operates in Finance , Banking Services and Microfinance categories.

Company overview

ESAF Small Finance Bank Limited is a scheduled commercial bank in India. It was one of the 10 entities to receive approval from the Reserve Bank of India (RBI) to set up a small finance bank, which aims to provide basic banking services to underserved and unserved sections of society. The company offers a wide range of financial products and services including savings accounts, current accounts, fixed deposits, recurring deposits, microloans, personal loans, business loans, agricultural loans, affordable housing finance, and various other retail and institutional banking services. One key aspect that sets ESAF Small Finance Bank apart from its competitors is its focus on financial inclusion through innovative technology solutions. The bank leverages digital platforms for efficient delivery of services while ensuring accessibility even in remote areas. This approach has helped them cater to unbanked segments effectively. In addition to its technological innovation and inclusive approach towards serving underprivileged communities with financial products and services; ESAF Small Finance Bank has also collaborated with several organizations such as NGOs and government agencies to further extend their reach into rural areas where traditional banks have limited presence. Overall, ESAF Small Finance Bank stands out due to its commitment towards social welfare by providing convenient access to formal banking channels for all strata of society. Its innovative use of technology combined with strategic partnerships enables it to make significant strides in achieving financial inclusion across the country.
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