Utkarsh Kiran

At Utkarsh Small Finance Bank, we endeavour to help our customers meet their increasing capital needs, enabling them to take a step towards building their business with confidence. If you are looking to boost your business with a higher ticket size loan, Utkarsh Kiran may be the right fit for the requirement.

These loans range from 35,000 to 75,000. The minimum repayment tenure is 24 months and the maximum repayment tenure is 36 months.




1 reward point on every 100 spends on debit card

15% discount


15% discount

1 reward point on every 100 spends on debit card




Cash withdrawal on Utkarsh Bank ATMs

  • Only married women aged between 21 to 55 years as on date of application

  • Household having an annual income of up to 3,00,000 and and the percentage of 'Monthly Debt Obligations' towards all existing loans as well as the loan under consideration to 'Monthly Household Income' should not be more than 50%

  • Must be able to provide a male/female guarantor aged between 18-59 years and must be a part of the borrower's individual household unit, i.e., husband, wife and their unmarried children

  • Business must have regular cash flow (daily, weekly, fortnightly, monthly)

  • At least three (3) years stay in the same address

  • The family of the potential client must have sound knowledge and understanding of the business for which the loan is required.

  • Business (for which the loan is required) should be in the control of family members staying in the same house

  • Business should be within the Bank branch's area of operation

  • Client/guarantor must be in good health

  • Evaluation by Bank indicates willingness and ability to pay

  • Should not have a Household member who is an active Utkarsh borrower. The key principle behind this is to have only one Loan per household at any given point in time

* T&C Apply
  • The centre may be started with a minimum of two (02) groups i.e., with ten (10) women and a maximum of six (06) groups i.e., 30 women with five (05) women in each group.

  • Every women of the group must be residing with her immediate family members (Immediate family means husband and /or children, and/or parents and/or in laws) and within a radius of 500 meters from the centre meeting's place.

  • The group member's business should be in Bank's area of operation. All group members of the centre must agree and be willing to give mutual guarantee for other members' Loans. No blood/kin relatives should be in the same group.

  • In a centre one pair of blood/kin relative may be allowed for every ten (10) members in a centre. However, initially, two kin relatives (which only includes wives of two real brothers staying separately) may be allowed in a centre of 15 clients and in no circumstances, more than one pair of "saas-bahu" are allowed in a centre.

  •   Rate of Interest: 25% per annum on reducing balance basis

  •   Processing fee 1% of Loan Amount plus GST for Loan Amounts more than 25,000

  •   No Prepayment Charges

  •   In case of delayed payments, the Bank shall charge interest at the rate applicable to the facility on overdue principal

  • Collateral free loans available from 35,000 up to 75,000

  • Credit Life Insurance for the Client and Guarantor at their consent

  • Weekly/fortnightly/bi-fortnightly repayment options available

  • Mutual guarantee of centre members

Apply to Utkarsh Kiran

Loan calculator

Amount ()

1 Lac

10 Cr

Tenure ( )

1 Month


Interest Rate (%)



Equated Monthly installments (EMI)


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Deposit Amount
Interest Earned

Interest Rate


Interest Earned


Maturity Value


Maturity Date

20 Apr 2023

(Indicative interest rates for calculation only. click here for latest rates.)


The loans can be disbursed in branch office as well as in centre. There is no need for physical visit of guarantor at branch if PID type of both client and guarantor is Aadhar. At the time of disbursement, the presence of members, guarantor, BOM/CSO, and BM/ABM is mandatory for disbursement through Web. The presence of guarantor is not required in case of disbursement through Trucell.

The loan amount will be credited or e-transferred in the client's Bank Account.

The maximum repayment period allowed for loan amount up to 20,000 is either 1 or 2 Years and for loan amount above 20,000 is either 2 or 3 years. The repayment frequency may be weekly, fortnightly, or bi-fortnightly as chosen by the client.

No, the scheme does not require any security or margin.


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