SAVE Microfinance Receives ₹70 Crore in Funding in FY 2026–27, Including ₹55 Crore under CGSMFI-2.0

SAVE Microfinance Private Limited, a microfinance institution focused on advancing responsible and inclusive finance across India, has received ₹70 crore in total funding during the current financial year (FY 2026–27).

Of the total funding, ₹55 crore has been received under the Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0), comprising ₹25 crore from Indian Overseas Bank (IOB) received in June 2026 and ₹30 crore from State Bank of India (SBI) received in August 2026.

The company has also received ₹15 crore through other institutional funding facilities, including funding from Northern Arc Capital, further strengthening and diversifying its institutional funding base.

The latest funding milestone reinforces the continued confidence of leading banks and financial institutions in SAVE Microfinance’s business model, portfolio quality, governance standards and disciplined approach to sustainable growth.

The funds will support the company’s lending operations, strengthen its ability to meet the growing demand for responsible credit, and expand access to formal financial services across underserved and semi-urban and rural markets.

Strengthening Institutional Confidence

Commenting on the funding milestone, Mr. Pintu Kumar Singh, Chief Financial Officer, SAVE Microfinance Pvt. Ltd., said: "The receipt of ₹70 crore in funding during the current financial year, including ₹55 crore under CGSMFI-2.0, is a significant milestone for SAVE Microfinance. We are grateful to our banking and financial institution partners for their continued confidence in our financial discipline, portfolio quality and governance framework. The additional funding will strengthen our lending capacity while enabling us to maintain a balanced approach to growth, risk management and responsible finance.”

He added: “As we continue to explore additional institutional funding opportunities, our focus remains on building a diversified funding base and ensuring sustainable access to credit for underserved households and micro-entrepreneurs.”

Supporting Responsible and Inclusive Growth

Commenting on the milestone, Mr. Ajeet Kumar Singh, Managing Director & Co-founder, SAVE Solutions Private Limited (SAVE Group), said: "At SAVE, we view financial inclusion as an important enabler of sustainable social and economic progress. The continued support from leading financial institutions is a strong endorsement of our approach to responsible finance, disciplined growth and institutional governance. The ₹70 crore funding received during FY 2026–27 will further strengthen our ability to serve underserved communities and support livelihoods through timely and responsible access to credit.”

He further added: “The ₹55 crore received under CGSMFI-2.0 is particularly significant as we continue to deepen our institutional partnerships and diversify our funding sources. With further opportunities in the pipeline, we remain committed to strengthening our financial capabilities and expanding the reach of inclusive financial services across India.”

Diversifying the Funding Base

SAVE Microfinance continues to engage with banks, financial institutions and development-focused lenders to build a well-diversified and sustainable funding base.

The company remains focused on responsible credit delivery, technology-enabled operations, prudent risk management and sustainable portfolio growth, with the objective of expanding access to formal finance for low-income households, women borrowers and micro-entrepreneurs across its operating geographies.

The company will continue to leverage institutional partnerships and initiatives such as CGSMFI-2.0 to strengthen its financial capacity and support the evolving credit needs of underserved communities.

About SAVE Microfinance Private Limited

SAVE Microfinance Private Limited is part of SAVE Solutions Private Limited (SAVE Group) and is focused on expanding access to responsible and inclusive financial services for underserved communities. The company works towards enabling access to formal credit while maintaining a strong focus on responsible lending, disciplined growth, prudent risk management and sustainable impact.