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Chaitanya started out as an NGO in 2007 in the village of Nayakanatti and two years later got a NBFC license from RBI in the year 2009 as Chaitanya India Fin Credit Pvt. Ltd(CIFCPL). With the formation of Chaitanya Rural Intermediation Development Services(CRIDS), Chaitanya has now grown into a Multi Region Multi Product financial institution focused primarily on the rural sector. With over 1000 employees serving across 5 states of the country, Chaitanyas core values of Discipline, Transparency, Fairness, Meritocracy, Continuous Learning and Respect are at the foundation of its decision making process and strives to instill those amicable values into its workforce.
Chaitanya Finance provides income generating micro loans based on a joint liability group lending model. It provides loans in the range of Rs. 5,000 - Rs. 50,000, and also provides gold loans and 2-wheeler loans.
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