IIFL Samasta Finance Limited (formerly Samasta Microfinance Limited) is a leading non-banking financial company - microfinance institution (NBFC-MFI) registered with the Reserve Bank of India (RBI) under registration number N-13.01000. Incorporated on August 9, 1995, as a public limited company under the Companies Act, 1956, it is a 99.56% subsidiary of IIFL Finance Limited. Headquartered in Bengaluru, Karnataka, the company focuses on empowering women economically through affordable microfinance solutions, primarily income generation loans for microenterprises in rural and semi-urban areas. It operates across 22 states and union territories with 1,660 branches, serving over 3 million customers (predominantly women). As of March 31, 2025, its assets under management (AUM) stood at ₹11,101 crore, reflecting a focus on financial inclusion via a diversified portfolio and technology-enabled lending.
Kinetic Green Partners with IIFL Samasta Finance to Expand EV Access Across India
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41 weeks ago
lectric vehicle manufacturer Kinetic Green Energy and Power Solutions Limited has entered into a Memorandum of Understanding with IIFL Samasta Finance Limited to provide financing solutions for electric two and three-wheelers across urban and rural markets in India.