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Education Loan:
Under support from our partners: JAGARAN successfully developed and started giving education loans to students with good academic performance but who cannot pursue their higher education or vocational skills training due to financial constraints. JAGARAN is committed to creation of product features which are really responsive to the educational need of the students.

Merit Scholarship Programme:
 “Merit Scholarship” program is being provided to the poor students who cannot afford the expenses relating studies of their children due acute financial crisis.The Scheme of Scholarship has therefore been introduced to enable the meritorious students to continue their studies. During the reporting year the following students have been sponsored under this program.

Financial Year

No.of students covered











Current Out Reach

 Key Operational Statistics as on 30th Nov 2018.
 Gross Loan Portfolio (Rs. Cr.) 318.06
BC Portfolio (From IDBI Bank)(Rs.Cr.) 16.29
No. of States 5
No. of districts 27
No. of Branches 108
No. of Active members 2,78,358
Loan Amount Disbursed during this period of 2018-19 351.07
Average O/S Loan (INR) 16,013
Regular Repayment Rate 99.69%
Number of Employees 645+

Rating & Grading

•   Jagaran has been assigned Grade M2 (second from top) in August 2018 by SMERA (a renowned agency).
•   It has received Grading “C2” for Code of Conduct Assessment in August 2018 conducted by SMERA.
•   CARE Ratings and ICRA have assigned a Rating ‘BBB-/Stable’ to Jagaran in May 2018.
•   Jagaran received Skoch Order-of-Merit award in September 2016.

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.

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