ESAF Small Finance Bank IPO

ESAF Small Finance Bank is a financial institution that focuses on serving unbanked and under-banked customers, particularly in rural and semi-urban areas. Their core offerings consist of two categories: advances (assets) and deposits (liabilities). The advances include micro-loans (comprising microfinance loans and other microloans), retail loans (including gold loans, mortgages, personal loans, and vehicle loans), MSME loans, loans to financial institutions, and agricultural loans. On the other hand, their liability products encompass current accounts, savings accounts, term deposits, and recurring deposits. ESAF Small Finance Bank offers a range of services to its customers, including safety deposit lockers, foreign currency exchange, access to the Bharat Bill Payment System, money transfer services, and Aadhaar Seva Kendra services. Additionally, they distribute third-party life and general insurance policies, as well as government pension products. ;