3 weeks ago
Saarathi Finance adds 11 branches in Andhra Pradesh, Telangana
Saarathi Finance is a company in India that gives loans to small businesses.
It recently opened 11 new offices, called branches, in two Indian states.
Those states are Andhra Pradesh and Telangana.
Seven of the new offices are in Andhra Pradesh and four are in Telangana.
The offices offer loans called Secured Business Loans and Loan Against Property.
These loans help small business owners, traders, and people who work for themselves.
The company wants to make it easier for small businesses in smaller towns to get loans.
Many small businesses in India have a hard time getting loans from big banks.
Saarathi Finance plans to open 50 to 60 more branches across India soon.
Saarathi Finance, an NBFC focused on India's MSME sector, opened 11 new branches across Andhra Pradesh and Telangana during June and July 2026.
Seven branches were opened in Andhra Pradesh at Machilipatnam, Madanapalle, Amalapuram, Tadepalligudem, Nandigama, Anantapur and Tuni.
Four branches were opened in Telangana at Adilabad, Nagarkurnool, Kothagudem and Siddhipet.
Each branch will offer Secured Business Loans and Loan Against Property to micro and small businesses, traders and self-employed professionals.
The expansion is part of the company's second phase of growth, targeting 50 to 60 additional branches nationwide after closing its first year with more than 70 branches across six states.
- Who
- Saarathi Finance, a non-banking financial company (NBFC) focused on India's underserved MSME sector
- What
- Opened 11 new branches across Andhra Pradesh and Telangana to deepen its MSME lending network
- Where
- Andhra Pradesh (seven branches) and Telangana (four branches), India
- When
- During June and July 2026
- Why
- To improve access to formal secured credit for micro and small businesses, traders and self-employed professionals in semi-urban and rural centres, as part of its second phase of growth
Key facts
- Company
- Saarathi Finance
- Company type
- Non-banking financial company (NBFC)
- New branches opened
- 11 (7 in Andhra Pradesh, 4 in Telangana)
- Products offered
- Secured Business Loans; Loan Against Property
- Expansion period
- June-July 2026
- Existing network
- More than 70 branches across six states after first year
- Planned expansion
- 50-60 additional branches nationwide
- India's MSME credit gap
- Nearly Rs 44 lakh crore
Quotes
Saarathi Finance spokesperson
Executive of Saarathi Finance
“By establishing branches closer to these businesses, we can better understand local markets, strengthen underwriting and improve access to formal secured credit where it is needed the most.”
thehansindia.com
Sources
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