DJT Microfinance, a microfinance institution, has secured funding of ₹130 crore from Public Sector Banks (PSBs) and leading Non-Banking Financial Companies (NBFCs).
The fresh funds raised will be used for expansion and to enhance its ability to provide affordable credit to underbanked and underserved communities. The funds will also be used to strengthen the company’s lending portfolio, expand operations across new geographies, invest in digital infrastructure, and further improve service delivery to micro-entrepreneurs, small traders, and low-income households.
Founded in 2021, DJT Microfinance is an RBI-registered Non-Banking Financial Company – Microfinance Institution (NBFC-MFI) that provides microfinance services to low-income households with a focus on empowering women to become self-employed in underserved and rural areas of the country.
DJT Microfinance offers collateral-free loans and essential financial services to women at the base of the economic pyramid, with a vision to promote equal opportunities and inclusive development across both rural and urban communities. 100% of the beneficiaries are women, with 99% of them residing in rural and underserved areas belonging to marginalised communities.
Headquartered in Noida, DJT Microfinance is present in 4 states, Uttar Pradesh, Uttarakhand, Bihar and West Bengal.
Avinash Kumar, COO, DJT Microfinance, said, “The renewed confidence from PSBs and leading NBFCs reinforces our strong fundamentals and our commitment to serving underserved communities. This funding will significantly enhance our on-ground capacity, allowing us to reach more customers, empower micro-entrepreneurs, and deepen financial inclusion across emerging markets. As the sector witnesses a healthy revival, we remain focused on sustainable growth.”
