List of Small Finance Banks and Payments Banks in India

The Small Finance Bank List serves as a valuable resource for individuals and organizations seeking access to specialized banking services

Small Finance Bank List

The Small Finance Bank List comprises a compilation of banks that have been categorized as Small Finance Banks (SFBs). These banks are a specialized category of financial institutions established to provide banking services to unserved and underserved sections of the population, particularly in rural and remote areas. The Small Finance Bank list includes banks that have obtained the necessary regulatory approvals to operate as SFBs. These banks focus on financial inclusion, offering services such as microfinance, small loans, savings accounts, and other banking facilities tailored to the needs of individuals and businesses in marginalized areas.

Small Finance Banks (SFBs) in India are specialized banks authorized by the Reserve Bank of India (RBI) to cater to the banking needs of unserved and underserved segments of the population, such as small farmers, micro-enterprises, and low-income households. SFBs are permitted to accept deposits, extend loans, and provide various banking services. However, they are not authorized to undertake extensive corporate lending or investment banking operations. The primary objective of SFBs is to promote financial inclusion and facilitate access to basic banking services for individuals and entities who have limited or no access to traditional banking institutions. Small finance bank list in India is given below

Small Finance Bank List

Bank NameHeadquarterFoundedLoanSymbol
AU Small Finance Bank LtdJaipur1996
  • AU Small Housing Loan
  • Business Loans
  • Auto Loans
Equitas Small Finance BankChennai2016
  • Small Business Loans (incl. Housing Finance): 7,971.14 crores
  • Vehicle Finance: 4,530.11 crores
  • Micro Finance: 3,235.73 crores
  • MSE Finance: 1,179.67 crores
  • NBFC Finance: 782.66 crores
  • Others: 225.25 crores
Fincare Small Finance BankBengaluru2017
  • Gold loan
Utkarsh Small Finance BankVaranasi2017
  • Microbanking Group Loans in its portfolio
  • Microbanking Personal Loans
  • Consumer loans
  • Personal Loans
  • Commercial Loans
  • Loans for commercial vehicles and construction machinery
  • Loans secured by real estate
  • Overdraft loans
  • Loans from wholesale banking
  • Mortgage Loans
ESAF Small Finance BankKerala1995
  • ESAF Retail Loan
  • ESAF MSME Loan
  • ESAF Agricultural loans
Jana Small Finance BankBengaluru 2000
Saghamithra Urban Programme (SUP)
Sanghamitra Rural Financial Services (SRFS)
Rural NGOs
Capital Small Finance Bank LimitedJalandhar2000
  • Borrowers in the agricultural, MSME, and retail sectors
  • Kisan Credit Card Scheme
  • Loan for small businesses
Suryoday Small Finance BankMumbai2008
  • Loans to joint liability groups (JLGs)
  • Loans for affordable housing
  • Secured business loans (SBL)
  • Loans for microbusinesses (T-Nagar)
Suryoday Bank
Ujjivan Small Finance BankBengaluru2017
  • Individual loans
  • Savings/deposit products
  • Two-wheeler loans
  • Insurance
  • Payment solutions
  • Remittances
  • Rural Banking
  • Digital Project
North East Small Finance BankAssam2016
  • Personal loans for salaried individuals
  • Loans for pig farms
  • Loans for skill development
  • Cash credit facilities
  • Loans against rent
Small Finance Bank List

List of Payments Banks

S.No.Bank NameEstablished and Commencement DateHeadquarterState
1 Airtel Payments Bank Ltd.11-04-16
New DelhiDelhi
2Paytm Payments Bank Ltd.03-01-17
New DelhiDelhi
3India Post Payments Bank Ltd.20-01-17
New DelhiDelhi
4Jio Payments Bank Ltd.27-01-17
5FINO Payments Bank Ltd.30-03-17
Navi MumbaiMaharashtra
6NSDL Payments Bank Ltd.30-03-17
7AdityaBirla Idea Payments Bank Ltd.03-04-17
Payments Banks List

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