Fincare Small Finance Bank Services

Fincare Small Finance Bank is a prominent Indian financial institution that evolved from the merger of two microfinance entities, Disha Microfin and Future Financial Services. Originally established to provide micro-loans to unbanked and under-banked populations in rural and semi-urban India, it received its final banking license from the Reserve Bank of India in 2017.

Historically, the bank operated as a subsidiary under Fincare Business Services Limited. However, in a significant shift for the Indian banking landscape, Fincare Small Finance Bank merged with AU Small Finance Bank effective April 1, 2024. This merger transformed the entity into one of the largest small finance banking platforms in India, consolidating its extensive network across multiple states.

The bank provides a wide range of services including digital savings accounts, fixed deposits with competitive interest rates, and specialized loan products such as gold loans and micro-loans for entrepreneurs. Following the merger, it operates under the ultimate ownership and governance of AU Small Finance Bank Limited, headquartered in Jaipur, Rajasthan.