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Institution

Utkarsh Micro Finance Pvt. Ltd. S-2/639-56, Varuna Vihar ColonyNear J Mehta Inter Collect Cantt.Varanasi, Uttar Pradesh221002
Data approved: 2013-02-20
Data version: 2
Age of data: 78 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.utkarshmfi.com/
Year established1990
Head of InstitutionGovind Singh
Regions activeBihar, Madhya Pradesh
# Branches92

Total Portfolio (nat'l)INR 1,374,101,555
Total Portfolio (USD)USD 25,926,444.43
Active clients with loans168,691
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliations

Loan Products » Summary

154,956 Borrowers
USD 21,403,926.92 Portfolio
Active Product
13,584 Borrowers
USD 4,397,416.42 Portfolio
Active Product
151 Borrowers
USD 113,779.58 Portfolio
Active Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Utkarsh Pragati INR 6,000 - 15,000 12 - 14 100% 0% - 20% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Client age must be between 21 to 55. Credit Educ, Group Mtgs, Tech Asst Visits
Utkarsh Kiran INR 18,000 - 25,000 24 100% 0% - 20% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Client age must be between 21 to 55. Credit Educ, Group Mtgs, Tech Asst Visits
Utkarsh Samridhi INR 25,000 - 300,000 6 - 36 0% - 20% 100% Business Women, Men, Have business, Have home or land, Must have atleast 3 years of experience in existing business. Business Training

Loan Products » MFIN India Additional Information

Product Name APR (int) MFIN MFI Earning (Annualised) MFIN Cost to Borrower (Annualised) COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM MFIN Transparency Index
Utkarsh Pragati 25.6% - 25.9% 27.3% - 27.5% 29.4% - 29.6% Yes Yes Yes 100
Utkarsh Kiran 25.8% - 26.1% 26.8% - 27.1% 28% - 28.3% Yes Yes Yes 100
Utkarsh Samridhi 28.8% 30.4% 32.6% NA NA NA 100

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Utkarsh Pragati 25.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.3% - 27.5% 29.4% - 29.6% 88
Utkarsh Kiran 25.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26.8% - 27.1% 28% - 28.3% 92
Utkarsh Samridhi 29.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 30.4% 32.6% 89
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011111
ANED5,4006,579,000369
Banco FIE231,100569,322,000669
BancoSol215,300861,418,0003069
CIDRE8,500126,578,000869
Coop Fatima6,30044,280,0007111
CRECER166,900134,626,0001369
Diaconia67,00085,734,000269
Ecofuturo59,200226,839,000569
EMPRENDER8,7002,380,0003111
Fassil FFP57,600325,081,000569
FONCRESOL3,9009,573,000369
FONDECO14,20024,274,000369
Fortaleza20,100164,530,0001369
FUBODE29,40024,444,000769
FUNBODEM8,60015,798,000969
IDEPRO10,40040,479,000269
IMPRO2,4002,885,000469
ProCredit84,300257,487,0008111
PRODEM44,90062,529,000469
ProMujer BOL115,20050,753,000369
Sartawi14,60026,842,000869
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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