cotactus we-hiring

Welcome to Saija

saija-aboutSaija Finance Private Limited is the only NBFC-MFI (Non Banking Finance Company – Micro Finance Institution) to be based in the state of Bihar, with its head quarter in Patna, the state capital.
Saija was formed with a focus on providing microfinance services to urban and rural poor, as well as micro and small businessmen, in the underserved geographies of Northern & Eastern India, starting with Bihar. The geographic regions served by Saija are amongst the poorest in India and also are grossly underserved by formal financial institutions. Saija today serves 166,882 clients across 26 districts of Bihar,Jharkhand & Uttar Pradesh, operating with 48 branches.Saija was conceptualised and founded by Mr. Shashi Ranjan Sinha and Ms. Rashmi Sinha in April 2007.


What’s New

Saija becomes the first microfinance company in India to provide Mudra debit cards to its clients

Saija grabs the prestigious " SKOCH Order of Merit-2015" award

Saija Finance to raise Rs 400 cr via ECB

Milestones

      2015

    • 1. Saija expands into Uttar Pradesh
    • 2. Awarded with Skoch Order of Merit Award-2015 for its exemplary work done in the field of Financial Inclusion and OMNI enterprise implementation

    2014

      • 1. Saija is one of the three state companies in Bihar’s Innovation Forum list of 67 finalists identified for high impact innovation
      • 2. Recognized by CRISIL as one of the emerging MFIs in the recently published report – “India’s 25 Leading MFIs”
      • 3. Saija is graded MF2 by ICRA which implies high sustainability of operations
      • 4. Saija expands into Jharkhand

     

    2013

      • 1. Saija is identified by SIDBI for support under their DFID sponsored PSIG (Poor State Inclusive Growth) Programme
      • 2. SIDBI invests INR 300 lakhs in the form of Optionally Convertible Preference Shares (OCPS)
      • 3. Saija entrusts Tower Watson for restructuring compensation and performance management system
      • 4. Agreement with IFC for providing technical assistance

     

    2012

      • 1. Equity infusion from Accion and Pragati
      • 2. Rated A for Code of conduct Assessment by Access Assist sponsored by SIDBI

    2011

      • 1. Partnership with IFMR trust
      • 2. Launch of Cashless transaction in partnership with EKO

     

    2010

      • 1. Installation of state-of-the-art MIS software OMNI Enterprise.
      • 2. Three new branches opened

     

    2009

      • Equity Investment from Accion
      • Branch and Head Office separated with two branches in Patna District
      • Expansion outside Patna district

     

    2008

      • 1. Saija Finance Private Limited formed as a Non Banking Finance Company (NBFC) in April
      • 2. Loan portfolio of Saija Vikas transferred to Saija Finance Pvt Ltd
      • 3. Technical assistance agreement with Accion International
      • 4. Second loan product Saija Mahila Rin launched

    2007

      • 1. Saija Vikas gets registered as a society
      • 2. First loan product Saija Karobar Rin launched
      • 3. Saija disburses its first loan to SKR clients

Business Snapshot Mar’16

map-india

  • 166,882 Clients
  • 216.49 crore Portfolio
  • 48 Branches
  • 3 States
  • 26 Districs
  • 586 Employees