Business Correspondent
With an objective of ensuring greater financial inclusion and increasing the delivery of its financial services, Utkarsh Small Finance Bank Ltd. appoints institutional Business Correspondents.
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
Following are the list of Business Correspondent for the Bank.
| Sl. | Business Correspondent and Addresses | Operating States | Products Offered |
|---|---|---|---|
| 1 | Janakalyan Financial Services Private Limited, CD - 193, First Floor, Sector -1, Salt lake City, Kolkata – 700064, Phone No. 033-23370123 | West Bengal | Micro Loans |
| 2 | Ambition Services Private Limited, H. No.25, 2nd Floor, Near Dwarka Sector -11 Metro Station Dwarka Sector 11, New Delhi - 110075 | Haryana, Rajasthan | Micro Loans & Secured MSME |
| 3 | New Opportunity Consultancy Private Limited, 707 &708, Cyber One, Sector 30, Vashi, Navi Mumbai-400703, Maharashtra, Phone No. 022-20870050 | Chattisgarh, Madhya Pradesh | Micro Loans |
| 4 | Mentor Home Loans India Limited, Govind Marg, Sethi Colony, Jaipur, Rajasthan, PIN 302004 | Rajasthan | Home Loan & Loan against property |
| 5 | Saksham Gram Credit Private Limited, 202, Anmol Pride, 1st Floor, C.S. No.270, Behind RBL Bank,Varsha Park Society,Baner Road, Baner, Pune - 411045 |
Maharashtra,Telangana,Karnataka,Andhra Pradesh | Micro Loans, Retail MSME |
| 6 | Zinder Consulting Private Limited, 2nd Floor, 11-4-189/4, Plot No 19, Rd Number 6, above Jai Mathadi Dress, Venkateshwara Colony, Saroornagar, Telangana 500035 | Telangana,Andhra Pradesh | Micro Loans |
| 7 | Finnable Technologies Pvt. Ltd., Indqube Lakeside, 4th Floor Municipal No. 80/2 Wing A Bellandur Village Varthur, Hobli, Bengaluru, Karnataka 560103 | Pan India | Personal Loans |
| 8 | Sarvagram Fincare Pvt. Ltd.,1st Floor, Dani Corporate Park, 158, CST Road, Kalina, Santazruz [East], Mumbai 400098, Maharashtra | Maharashtra | LAP, Secured MSME |
| 9 | Moneyboxx Finance Ltd.,Vatika Business Centre, First India Place, 2nd Floor, Sushant Lok – 1, MG Road, Gurugram 122001, Haryana | Chhattisgarh, Punjab, Haryana, Rajasthan, Madhya Pradesh, Uttar Pradesh | Unsecured MSME |
| 10 | Crescendo Finserve Private Limited, 906,9th Floor,Cyber One,Plot No- 4 & 6 ,Sector 30A,Vashi, Navi Mumbai, 400 703. | Karnataka | Secured MSME |
| 11 |
Samvedna Microfinance Pvt. Ltd. |
Uttar Pradesh | Micro Loan |
| 12 |
IIFL SAMASTA FINANCE LIMITED, No-110/3, Lalbagh Road, Krishnappa Layout, Bengaluru [Bangalore], Urban, Bengaluru Urban, Karnataka, 560027 |
Karnataka, Andhra Pradesh, Telangana & Tamil Nadu | Secured MSME |
| 13 |
K.M. Global Credit Private Ltd. 902,Floor No-,Plot Fp 616, Naman Midtown, Senapati Babat Marg, Near Indiabulls,Dadar, Gokhale Road, Mumbai Maharastra- 400028 |
Uttar Pradesh | Residential Rooftop solar panel loan |
| 14 | Finodaya Capital Private Limited Legal Address: C/O THE ENKING EMBASSY, PLOT NO. 48, SCHEME 78, PART 2, VIJAY NAGAR, INDORE. MADHYA PRADESH , INDIA – PIN 452010 | Madhya Pradesh | Secured MSME |
| 15 | SI CREVA CAPITAL SERVICES PRIVATE LIMITED,10th, Ofiice Unit No 2,3 and 4, Tower 4, Equinox Business Park, LBS Marg, Kurla West, Mumbai, Mumbai Suburban, Maharashtra, 400070 | PAN INDIA | Personal Loans |
| 16 | Sharp Financial Services Private Limited 4B-4,3rd Floor, Industry Manor, A.S.M. Marg, Prabhadevi, Mumbai, Maharastra, 400025 | Andhra Pradesh, Telangana & Maharastra | Secured MSME |
| 17 | Swabhimaan Finance Private Limited, Aarna Complex, Rishi Garden, Rendua Palhari, Lucknow Dewa Road,Barabanki, Uttar Pradesh, 225412. | Madhya Pradesh, Rajasthan & Haryana | Micro Loan |
| 18 | Wortgage Finance Private Limited, Shilpitha Tech Park,6th Floor SY No: 55/3 & 55/4,Devarabisanhalli Village,Varthur Hobli,Bengaluru East Taluk, Outer Ring Road, Karnataka 560103 | PAN INDIA | Personal Loans |
For queries regarding partnerships please write to communications@utkarsh.bank
Identification of potential location of various banking products.
Identification of prospective clients, documentation and recommendation to bank.
Disbursement of loans, Collection of repayments and portfolio management.
Grievance Redressal on behalf of the Bank.
Any other activity mutually agreed between the BC and the Bank.
-
Product specific interest rates, processing fees, documentation fees & any other charges.
| Product | Parameter | Penal Charges |
|---|---|---|
|
Secured Loans |
In case of default in EMI payment on the due date |
2% per month on overdue amount for overdue period along with applicable taxes. |
|
Unsecured Loans |
In case of default in EMI payment on the due date |
2% per month on overdue amount for overdue period along with applicable taxes. |
|
OD Product |
Penal Charges for each instance of interest amount not being served on due date till time interest is being served. |
2% per month + applicable taxes on the overdue amount for the overdue period |
|
Penal Charges for delay in Renewal of the Credit facility till time facility is being renewed. |
2% per month + applicable taxes on the total utilized amount. |
|
| Penal Charges for any Non-Compliance to the Agreed Terms and conditions of the sanctioned facility. |
2% per annum + applicable taxes on the total utilized amount. |
- Business Correspondent SOC Click here
Entities and Individuals eligible are as per RBI guidelines.
Well-established product and geographical knowledge, good reputation, adequately capitalized and adequate experienced in managing retail assets and microfinance products
Apply to become a Business Correspondent
Loan calculator
|
Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
|
(Indicative interest rates for calculation only. click here for latest rates.) |
|
You may also be interested in
Savings
Earn up to 7.50 %* on your Savings Account and get interest credited quarterly
Deposits
Earn interest rates up to 7.50 %* p.a. and 8.00 %* p.a. for Senior Citizens
Loans
Get Loan amount upto 10 Crores with Flexible Tenure upto 15 years
Insurance & Investment
Turn your surplus funds into security, for a better tomorrow
Location
You are never too far away from quick banking, check nearest Bank and ATM
Contact
Incase you wish to speak to our banking experts for resolution
Write to us
Whether it be a simple suggestion or feedback or an inquiry.