info@jagaranmf.com / Webmail



About Jagaran

The word “Jagaran” has been derived from Sanskrit and means “a state of wakefulness”. Jagaran intends to awaken the economically challenged sections of the society; get them rid of despair and assist them in building a better life. Jagaran Microfin Private Limited is a wholly owned subsidiary of GTFS Multi Services Limited and was established with the distinct aim of providing a wide range of financial services, especially in the backward and rural areas. The management conceived the idea of commencing a microfinance business by acquiring M/s SBT Consultants Private Limited, incorporated on 12th January, 1993, a Category B Non-banking Finance Company (converted as NBFC on 18.03.1998) registered under RBI to promote microfinance business. Subsequently, the name was changed to “Jagaran Microfin Private Limited”. Jagaran commenced its microfinance operations from December, 2010.

Jagaran has been playing an important role in empowering women to achieve their own identity and enhancing their daily livelihood. This new phenomenon has also given economic power in the hands of women for which they were ,earlier, totally dependent on males. Economically independent women feel more confident about their personal lives. Microfinance has been considered an important development policy that aims to reduce poverty, vulnerability and inequality. Organizations explicitly perceive microfinance as a tool to fight for women’s rights and independence. Coming up with the objective of financial viability, the organization has brought a positive impact in their lives.

Current Out Reach

 Key Operational Statistics as of 28th Feb 2019.
 Gross Loan Portfolio (Rs. Cr.)    373.06
 BC Portfolio (From IDBI Bank)(Rs.Cr.)      19.11
 No. of States             5
 No. of districts           27
 No. of Branches         115
 No. of Active members 2,94,103
 Loan Amount Disbursed (Rs. Cr) during this period of 2018-19    512.44
 Average O/S Loan (INR)    17,485
 Regular Repayment Rate   99.79%
 Number of Employees         670

Ratings and Grading


Rating / Grading Month

Rating / Grading / COCA

Rating / Grading / Score


May, 2018




May, 2018




August, 2018




August, 2018



Our Philosophy

Service Excellence: Provide unfailing service at the right place and at the right time.

Product Offering: Listen to the market and offer practical solutions.

Support and Guidance: Understand problems and assist members whenever required.

Copyright © 2017-18 : Jagaran Microfin Pvt. Ltd. | All Rights Reserved