Chaitanya

Chaitanya is a Bengaluru based NBFC with a two-tier structure focusing on providing microfinance loan

Chaitanya commenced its microfinance operations in October 2007 at Nayakanahatti village in Chitradurga district. For two years Chaitanya carried out its microfinance operations as a NGO. In October 2009, Chaitanya obtained a Non Banking Finance Company (NBFC) license from Reserve Bank of India for a newly registered company, Chaitanya India Fin Credit Pvt. Ltd.(CIFCPL). Since October 2009, CIFCPL is conducting microfinance operations as a for profit company.