Prayagraj: Ujjivan Small Finance Bank (Ujjivan SFB) has strengthened its presence in Uttar Pradesh by inaugurating five new branches at Salarpur, Dhaleri, Dhampur, Bharwari, and Mungra Badshahpur. The expansion underscores the bank’s commitment to addressing diverse financial needs across the state, from small neighbourhood businesses to first-time homebuyers.
With the addition of these branches, Ujjivan SFB has further reinforced its reach in Uttar Pradesh and other regions. The bank currently serves over 9.88 million customers across 26 states and Union Territories. All five newly opened outlets are microbanking (MB)-based branches, offering Group Loans (GL) and Individual Loans (IL) to enhance financial access and service delivery in the respective areas.
Commenting on the expansion, Vibhas Chandra, Head – Microbanking and Gold Loans, Ujjivan Small Finance Bank, said the launch of the new branches aligns with the bank’s strategy to deepen its presence in high-potential markets. “Uttar Pradesh has a large base of small traders, self-employed individuals, and micro-entrepreneurs, which fits well with our focus on financial inclusion. By strengthening our on-ground presence, we aim to get closer to customers while contributing to local economic development. This expansion reinforces our long-term commitment to North India,” he said.
Of Ujjivan SFB’s total customer base, around 3.5 million are asset-only customers, 5.02 million are liability-only customers, and 4.51 million maintain both asset and liability relationships, reflecting the bank’s balanced and inclusive growth approach. The bank offers a wide range of services, including savings and current accounts, fixed and recurring deposits, demat and insurance services, along with microfinance, housing, MSME, agriculture, vehicle, and gold loans.
To cater to varied credit requirements, Ujjivan SFB provides business loans ranging from ₹10 lakh to ₹10 crore, affordable housing loans between ₹5 lakh and ₹75 lakh, micro-mortgage loans from ₹3 lakh to ₹15 lakh, gold loans from ₹25,001 to ₹25 lakh, and vehicle loans ranging from ₹26,000 to ₹5 lakh. On the deposits front, the bank offers competitive interest rates, with savings account interest up to 7.25 per cent and fixed deposit rates up to 7.95 per cent for senior citizens.
The bank continues to strengthen its digital banking capabilities through platforms such as Ujjivan Easy and the multilingual, voice-enabled ‘Hello Ujjivan’ app, along with services including video banking, UPI payments, IMPS, NEFT, and RTGS.
Ujjivan Small Finance Bank reported a strong performance in the September 2025 quarter, with total deposits registering a 15 per cent year-on-year growth. CASA deposits grew by 22 per cent to ₹10,783 crore, crossing the ₹10,000-crore mark, while the total loan portfolio increased by 14 per cent to ₹34,588 crore. The share of secured loans rose to 47 per cent due to strategic diversification.
During the quarter, the bank recorded its highest-ever disbursement of ₹7,932 crore. Asset quality also improved, with Portfolio at Risk (PAR) declining to 4.45 per cent and Gross NPA remaining stable at 2.5 per cent. Under its FY26 expansion plan, Ujjivan SFB opened 14 new branches during the quarter and has also applied to the Reserve Bank of India for a universal banking licence, with a decision awaited.
