SCNL strengthens its regional leadership with 165 branches and a portfolio exceeding ₹1,500 crore across seven Northeastern states
New Delhi, July 17, 2025:
Satin Creditcare Network Limited (SCNL), one of India’s leading microfinance institutions, has expanded its footprint to Mizoram, marking its first branch opening in Aizawl. With this move, SCNL becomes the first major microfinance institution to operate in Mizoram, further advancing its mission to deepen financial inclusion across underserved regions.
This strategic expansion cements SCNL’s leadership in the Northeast, where it now operates in seven states with 165 active branches, managing a robust portfolio of over ₹1,500 crore as of June 30, 2025. With Mizoram added, SCNL’s presence spans 26 states and four union territories, making it one of the most extensive microfinance networks in India.
Serving more than 1,00,000 villages, SCNL focuses on empowering rural and semi-urban communities—76% of its operations are concentrated in rural areas. Its Mizoram expansion aligns with its vision to create sustainable economic opportunities and support local entrepreneurship in new geographies.
“Our entry into Mizoram builds on our strong foundation in the Northeast, where we have consistently delivered meaningful financial access across underserved regions. By stepping into this largely untapped market, we aim to empower local women entrepreneurs with solutions that inspire enterprise, foster self-reliance, and drive inclusive growth. Our presence in Mizoram will reinforce our commitment to being a trusted partner in the region’s development journey,” said Dr. H P Singh, Chairman & Managing Director, Satin Creditcare Network Limited.
With a nationwide network of 1,600+ branches, SCNL has been at the forefront of providing inclusive financial services, focusing on gender empowerment, local enterprise development, and rural economic upliftment.
About Satin Creditcare Network Limited (SCNL)
Satin Creditcare Network Limited is a leading microfinance institution serving financially underserved communities across India. Operating in 26 states, 4 union territories, and 1,00,000+ villages, SCNL offers a comprehensive range of microfinance products and non-MFI financial services, including MSME loans and affordable housing finance. It also runs subsidiaries like Satin Housing Finance Limited (SHFL), Satin Finserv Limited (SFL), and Satin Technologies Limited (STL) to diversify its offerings and leverage technology-driven solutions. As of March 31, 2025, the Satin Group operates 1,568 branches with a workforce of 16,705, serving 33.6 lakh clients.
