NBFC-MFI, Spandana Sphoorty Financial Limited

Our micro-loans, designed specifically for women borrowers, have helped uplift the lives of millions of households that used these loans to acquire assets and to enhance their incomes. The convenience of door-step delivery of financial services to our customers have saved innumerable man-days spent visiting a bank which, most of our customers were not at ease with. Our customers also get freedom from the exorbitant interest rates charged by a local money lender. We rely on the social underwriting of loans aka., the JLG model of microfinance, thereby giving our borrowers an opportunity to start from scratch.

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NBFC-MFI, Spandana Sphoorty Financial Limited


Spandana Sphoorty Financial Limited (SSFL)

 has been operating as a Non-Banking Finance Company (NBFC) incorporated under the Companies Act, 1956 and licensed by the Reserve Bank of India under the Reserve Bank of India Act, 1934 to carry on the business of a Non-Banking Financial Institution without accepting public deposits. With the release of NBFC- Micro Finance Institution (NBFC-MFI) as a new category of NBFCs, the company has been reclassified as NBFC-MFI effective April 13, 2015. The micro-credit program of Spandana started in 1997 when Spandana operated as a Society (Spandana Urban and Rural development Organisation – SURDO). Later, it formalized itself into an NBFC (SSFL). Spandana’s lending programme is committed to strengthening the socio-economic status of low-income households – particularly women – in rural and urban areas by providing financial services on a continual basis in order to improve livelihoods, establish identity and enhance self-esteem. Spandana follows both the group based and the individual micro-credit lending model wherein both the models, the loans are given to individuals based on their household economics. Besides micro-credit, it has other products – like – Farm Equipment, loans against Gold jewellery etc. For more Information, please visit us at www.spandanasphoorty.com
IndustriesFinancial Services
Company size1,001-5,000 employees
HeadquartersHyderabad, Telangana
Type Public Company
Founded- 1997
Specialties Micro-Finance


  • Primary

    Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, Hyderabad Knowledge City,TSIIC, Raidurg Panmaktha, Hyderabad Rangareddy, TS 500081 IN

    Get directions 

Employees at Spandana Sphoorty Financial Limited

  • Click here to view Shalabh Saxena’s profile

    Shalabh Saxena

    MD & CEO at Spandana Sphoorty Financial Limited

  • Click here to view Amit Raj’s profile

    Amit Raj

    Sr. Vice President at Spandana Sphoorty Financial Limited

  • Click here to view dinesh kumar saini’s profile

    dinesh kumar saini

    DIVISIONAL MANAGER at Spandana Sphoorty Financial Limited

  • Click here to view Dipanjan Palchaudhuri’s profile
  • Dipanjan Palchaudhuri

    Certified Six Sigma Master Black Belt, CQI and IRCA Certified ISO 9001:2015 Lead Auditor, L&D & OD specialist.

    Types of Register

    There are 5 types of register, defined as MCBDK
    1. Movement Register :Staff Movement Register displays the details of Movement of Staff  of Job Work In Orders.
    2. Complaint Register : Complaints record book is a document book to help keep track of any complaints made. Complaints record book contains sections for: Date Name of Complainant.
    3. Branch Visit Register: Branch Visit Register is a documents to help keer track of Senior Staff visiters.
    4. Denomination Register: Denomination book is a document to help keep track of deposited cash in oreder to note wise in sequence, It contains, Date, Staff name, Total Amount with signature.
    5. Key Regiseter : Key Register to help keep track of Locker movement in order of Sequence, It containes section for : Serial No, Date, Staff Name, Key number.

Types of Files

There are 5 types of Files, defined as LVICS

  1. Laon Documents File: 
  2. Voucher File: 
  3. Insurance Claim File: 
  4. Circular File: 
  5. Stationary File: 

Branch Manager Responsbility

  • Punching
  • Targer Plan Meeting
  • Staff Tracking
  • Complain Handing
  • Cash Deposit timely
  • Keeping date 
  • Do tally closing

Important Full Form:-

  1. PAR:
  2. MFI:
  3. NBFC:
  4. LAP:
  5. LPF:
  6. ROI:
  7. NGF:
  8. MA:
  9. CGT:
  10. GRT:


  • 1 TO 90 DPD
  • NPA



UP TO 50K - Not required

51K TO 2L - AVP




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