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| Company type | Small finance bank |
|---|---|
| BSE: 542904 NSE: UJJIVANSFB | |
| Industry | Banking,Financial services |
| Founded | 1 February 2017 |
| Headquarters | Bengaluru,Karnataka, India |
Area served | India |
Key people |
|
| Total assets | ₹49,613.93 crores[2] (2025) |
| Total equity | ₹6,323.20 crores[3] (2025) |
Number of employees | 26,484[4] |
| Website | www.ujjivansfb.bank.in |
Ujjivan Small Finance Bank Limited is an Indiansmall finance bank based inBengaluru, which commenced operations on 1 February 2017.[5][6] Licensed under Section 22 (1) of theBanking Regulation Act, 1949, it receivedScheduled Bank status from theReserve Bank of India in August 2017.[7][8]
ItsInitial Public Offering (IPO) was launched on 12 December 2019, and was subscribed more than 165 times.[9]
As of 30 September 2025, the bank has a network of 766 branches spread across 334 districts and 26 states and union territories inIndia.[10]
On 7 October 2015, Ujjivan Financial Services received an in-principle approval from the Reserve Bank of India to set up a small finance bank.[11][12] At the time, the company had already serviced over 2.6 million customers from 464 branches in 24 states. The small finance bank status provided the opportunity to expand Ujjivan's range ofloan products, and also to accept deposits rather than relying on other financial institutions to provide funds for the loans.[13] Ujjivan received the final license from the Reserve Bank of India on 11 November 2016 to set up a small finance bank.[14] By February 2018, Ujjivan was present across 24 states andunion territories, 209 districts inIndia, catering to over 3.7 million customers.[15][16]
In October 2019, Ujjivan Small Finance Bank received approval from theSecurities and Exchange Board of India to raise ₹1,200 crores (US$162 million) in aninitial public offering (IPO).[17]
In October 2022, the board of Ujjivan Financial Services approved thereverse merger of itself into Ujjivan Small Finance Bank.[18]
Ujjivan SFB provides a range of products and services such assavings account,current account,fixed deposits (FD),[19]recurring deposits (RD), Vehicle Loans, MSE Loans, Housing Loans, Micro Loans,Home Loans &Small Business Loans.[20]The bank also offers internet banking, phone banking and mobile banking facilities to customers. Ujjivan SFBATM is biometric enabled, thereby enabling customers to withdraw money throughbiometric authentication.[21] Customers can open their bank account in 5–7 minutes on a hand-held device throughAadhaar enabledKYC. The bank has introduced the Senior Citizen Product[22] and Tax Saver Fixed Deposit.[23]
