The Executive Chairman Of The Company Has 23 To 24 Years Of Progressive Management Experience In The Finance Field. He Has Been Associated With The Company Since Inception As A Promoter & Responsible For The Overall Working Of The Company And Is Instrumental In Making Strategic Decisions For The Company & His Strategic Direction Leads To Achieve SBI Excellence Award In 2010. He Is An Expert In Assessing Problem Situations To Identify Causes, Gather And Process Relevant Information, Generate Possible Solutions, And Make Recommendations And Resolve The Problem.
JLG Loan - Joint Liability Group is a group of 3-30 people (Women) of the same village or locality of homogenous nature and of the same socioeconomic background who mutually come together to form a group for the purpose of availing loan without any collateral.
A bank/NBFC can finance a JLG in two ways, either financing to a group directly or to an individual in the group. In both cases, all members of a JLG are responsible for repaying the loan amount. JLG serves as an important tool for augmenting flow of credit to landless farmers cultivating land as tenant farmers, oral lessees, share croppers and small/marginal farmers and other poor individuals for taking up farm, off farm and non-farm activities.
Our Individual Micro Loans help integrate the underserved and unserved segments with our loan services. These loans are designed to provide solutions to the underprivileged who don’t have access to formal credit so that the to meet your diverse needs.
Our objective is to boost their efforts to gain financial independence and help them fulfil all their aspirations. We truly believe that their dream is our dream and their goal is ours and the fulfilment of their aspirations is our motivation to excel.
Chairman cum Managing Director B.Sc, M.C.A
The Executive Chairman of the Company has 23 to 24 years of progressive management experience in the finance field. He has been associated with the Company since inception as a promoter & responsible for the overall working of the Company and is instrumental in making strategic decisions for the Company & his strategic direction leads to achieve SBI excellence award in 2010. He is an expert in assessing problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and resolve the problem.
Digamber Capfin Limited started in the magnificent land of Rajasthan, Jaipur in 1995 with a sole mission to empower rural Indian minds with a range of financial services is today one of the leading providers of MFI Loans in the state with over 209 branches and more than 1763 employees working every day to enable the rural population to succeed and grow, we are striving to make a change in the society.
Having focused to serve the underprivileged who live in remote villages and who don’t have access to formal credit, Digamber Finance choose to lend a helping hand to ambitious entrepreneurs who aspire to achieve big in life.
Today with a strong presence in 8 states and over 90 districts, and giving smiles to over 1 million happy faces Digamber Finance offers a wide range of microfinance solutions like agricultural loans, small business loans, dairy farm loans etc.
We are a customer-centric organization and take every step to understand the customer and act on that understanding. This is proved by the fact that we were the first NBFC in the industry to opt for 100% digital disbursement in 2014.
The technological integration across the board has helped us reduce the overall turnaround time (TAT), provide real-time analytical data, enhance productivity, and help improve monitoring and control, in addition to other benefits.
From the past to the present, Digamber Finance commits to being socially responsible and focusing on health, education, financial literacy, gender equality, and the Swachh Bharat Mission. Apart from this, the organization actively participates in spreading social awareness in its operational areas.
Digamber Finance believes that its employees are the connecting forces between institutions and the people who are underserved by traditional banks without whom the company's vision cannot be fulfilled. Our emphasis is on the personal and professional development of our team members so that they never stop learning and growing in their roles.
"Empower the no credit access poor with financial support at an affordable cost and in a transparent manner while achieving acceptable returns on our investments."
Access to financial institutions, including credit and all the opportunities it offers, is necessary for rural India. They require options within those systems so they can manage their finances in accordance with their needs, wants, and obligations. We want to make financial freedom a human right and encourage rural India to control their finances and be active participants in their own financial life.
We strive to be a responsible and a reliable financial partner in our quest to accomplish our vision.
At Digamber Finance, we are open, fair, and transparent in our interactions with our customers and promoters, and we provide relevant information at all times. We also protect the confidentiality of our business information and exercise discretion when sharing information with others.
All our customers and employees, irrespective of their region, religion, caste, or relationship with our existing customers, employees, or any other, are treated equally at Digamber Finance. We believe that our practice encourages diversity, freedom of choice, and expression for our staff and consumers.
Digamber Finance is proud to do its business with dignity and diligence, providing the best financial solutions to our customers, promoters, and employees in all transparency and accordance with all existing rules and regulations. At Digamber Finance, we follow a rigorous code of conduct and these core values are at the heart of every decision we make.
Chairman cum Managing Director
The Executive Chairman and Founder of Digamber Finance, Mr. Rajiv Jain, has around 30 years of progressive managerial experience in the financial industry. Since the company's establishment, he has been a promoter and is in charge of its overall operation. He plays a key role in the company's strategic decision-making, and it is his strategic guidance that the company won the SBI Excellence Award in 2010. An expert in analysing problematic situations, he is always filled with positivity, enthusiasm, zeal, compassion and pragmatism. His great leadership skills and clear vision has aided the business to grow leaps and bounds.
Whole Time Director
Mr. Amit Jain, a co-founder of the business, has 30 years of experience in retail finance. His capacity for adaptability, versatility, and tolerance in a changing work environment while preserving effectiveness and efficiency has been a key factor in the organisation's success.
To accomplish the objectives of the organisation, he primarily builds and maintains strong working connections with all the stakeholders. Additionally, his curiosity and enthusiasm for using new technology propel the business towards digitalization and makes it stand out from the competition. He participates actively in MIFOS projects (USA) and also serves as an advisor to the development of the RuPie app, "a brand of Wepact Technologies Pvt Ltd," which will help MIFOS produce world-class portfolio management software.
Non-Executive Director
Mr. Nayan Ambali is the CEO and Founder at Finflux. Before Finflux, he was a co-founder at RuPie. RuPie was a branchless micro-finance institute, offering loans to urban semi-skilled workers and small business owners.
Prior to joining Intuit, Nayan served as the key product lead for the knowledge portal at Ogilvy & Mather and was in charge of developing Truffles, a knowledge management portal and blogging platform for all of the company's knowledge.
Nayan has over 2 decades of total experience and his areas of focus and experience is banking, lending, financial inclusion, strategy, general management, business operations, product development, and product marketing,
Non-Executive Director
Mr. Jatin Chhabra, a non-executive director of the organisation, is a 41-year-old project manager now employed by a healthcare sansthan. His primary activity is the installation of various plants, such as solar defluoridation and RO plants, in diverse regions, making him an expert in the analysis of rural and semi-rural areas. He actively participates in creating the company's strategic plan and vision for supporting water and sanitation.
Independent Director
A B.Com expert with an engineering background; a gold medalist in law with extensive experience working with banks in high-profile top management positions. With 40+ years of experience and a specialisation in finance and credit, Mr. Jain is analytical, proactive and resourceful asset to the board.
Effective communication and negotiation skills, as well as strategic planning abilities, has enabled him to deliver satisfactory results for both customers and the institutions where he has worked in solo positions or as part of a team, allowing him to build a proven track record. He has experience in a variety of banking functions. He is responsible for bringing objectivity to the board's oversight function and improving its effectiveness.
Independent Director
Ms. Amita Gill holds M.Sc, M.Phil, Ph.D in Higher Energy Physics, University of Rajasthan, Jaipur.
She began working for the government in 1981. She worked for the GoR (Government of Rajasthan) in various capacities, including Project Officer (PO), Project Director (PD), Officer on Special Duty (OSD), and Director, Special Secretary to the Government of Rajasthan. In February 2017, she retired as Principal from Pandit Nawalkishore Sharma Govt. PG College, Dausa.
She also received the highest state award for outstanding service on January 26th, 2013.
She dealt with major areas such as research and development, science communication and popularisation, entrepreneurship development, remote sensing, technology transfer, and intellectual property rights during her tenure at the Department of Science and Technology.
She has provided technical and financial support to various projects for the socio economic upliftment of rural areas, including assistance to self-help groups of women, such as training for vermicomposting, spirulina production, cut flower cultivation technology, and so on.
She has extensive experience in science and technology, as well as analysis of rural and semi-rural areas.
Independent Director
Mr. Chandramouli Coorg Subramanian is an accomplished technology leader and product strategist with over 20 years of pioneering expertise in technology, artificial intelligence, product management, and consulting.
His visionary leadership and astute governance have catalysed the evolution of both start-ups and large enterprises.
He is skilled in Digital Transformation and Engineering Leadership, Strategic Leadership & Entrepreneurship, Data Science & Machine Learning Applications, Product Development & Management, Customer Success & Global Team Building, Start-up Growth & GTM Strategy.
He is experienced in the industries of FinTech, Microfinance, Consumer Analytics, SMB Technology.
Independent Director
Ms. Debleena Majumdar has over 20+ years of leadership experience across Strategy and Finance in leading global companies. Over the last 7 years, she has been the cofounder of Kahaniyah, which helps companies to simplify strategy using data and narrative story structuring. She has been on the Advisory Board of Conflux Technologies, a Fintech firm. She is a published author.
She has deep expertise in Strategy, Finance, Storytelling, leading teams across global firms, entrepreneurship skills and expertise in writing books as well as writing for Economic Times.
Chief Business Officer
Naveen, Chief Business Officer at Digamber Capfin Ltd., brings over 18 years of expertise in Microfinance, MSME, and Banking. With a background at Bharat Financial Inclusion Ltd, IIFL Samasta, and Yes Bank, Naveen excels in Sales, Strategy, and Risk Management.
He holds a degree from Institute of Rural Management Anand and a certification in Business Data Analytics from National University of Singapore.Naveen's strengths lie in expanding business across regions while upholding ethical standards. In leisure time, he enjoys poetry, music, and cricket.
Chief Technology Officer
Dhirendra Pratap serves as the Chief Technology Officer at Digamber Capfin Ltd, bringing over 16 years of experience building large-scale fintech and SaaS platforms. With a vision to make Digamber a tech-first NBFC, he is leading the development of a modern lending stack that is scalable, secure, and inclusive.
An IIT Madras alumnus, Dhirendra has led high-performing engineering teams, implemented AI-driven decision systems, and built end-to-end lending products. At Digamber, he is focused on delivering digital solutions that enhance operational efficiency and improve customer access to credit.
Outside of work, Dhirendra is passionate about sports and enjoys spending quality time with his son over a game of PS5. He believes that the discipline and curiosity nurtured through play are key to building impactful technology.
Chief Credit Officer
Mr. Dharmendra Kumar Jangid holds a master’s degree in commerce. He is responsible for the overall credit function of the company. During the association with the company Mr. Dharmendra has taken care of various roles such as business development, MIS and Treasury matters. In addition to the same, he has played a vital role in formulating strategies related to the company's business operations and IT implementation. He has data and technology acumen and has over 12 years of experience in the microfinance sector.
Chief Compliance Officer
Mr. Dilip Kumar Morwal is a qualified Company Secretary and a law graduate and holding various certifications in area of risk, compliance, finance etc. and is an experienced compliance professional with a proven track record in the financial services industry. With over two decades of expertise, he possesses in-depth knowledge of industry regulations. In the past he has held various senior-level executive positions and has closely worked with the board of directors, regulators, law enforcement agencies, and banks.
He excels in risk, compliance, corporate restructuring, HR, legal and financial management and his proactive & results-driven approach has won him many accolades including global award.
Prior to this he was working with Transcorp group (a TCI-Bhoruka Group).
Chief Financial Officer
Mr. Vivek is a qualified Chartered Accountant with over 23 years of extensive experience working with leading multinational corporations, including Metro Global Solutions Centre, Ocwen Financial Solutions, Infosys, and Homeward Residential Corporation India.
His core competencies in Corporate Accounting, Financial & Strategic Planning, Budgeting & Forecasting, Treasury Management, Audit Management, and Direct & Indirect Taxation will be invaluable to our growth and continued success.
He has also gained exposure to managing international tax & compliance for companies based out of the United States, Mauritius, Singapore and Luxembourg.
Head-Accounts & Finance
Mr. Shashank Y Kumar is a qualified Chartered Accountant and is pursuing diploma in IFRS from ACCA UK (United Kingdom). He has more than 5 years of post-qualification experience and is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. He acts as a point of communication for lenders and investors on behalf of the company.
Head - Human Resource
Satyendra Chauhan is an experienced HR professional with over 20+ years of expertise in diverse sectors such as Financial Institutions, Social Development, and Consulting. He holds an MSW with a specialization in Labor Welfare and Personnel Management and a PG Diploma in HR Management. In his previous role he has successfully led various HR initiatives including Change Management, Talent Acquisition and Management, HR process digitization etc.
He has previously worked with Organisations like Arthimpact Digital Loans, Swadhar FinServe Pvt. Ltd, KPMG, to name a few.
Business Head - East Division
An innovative and results-driven professional, Rabindra comes with over 16 years of experience in the Financial Services sector, specializing in collections, fraud risk management, internal audit, and business operations. Demonstrated expertise in risk identification and mitigation, audit execution, and streamlining operational processes to enhance efficiency. Known for strong analytical and organizational skills, coupled with the ability to drive process improvements. A skilled communicator and team leader with proven capabilities in people management and relationship-building. Previous experience includes key roles at Samasta Microfinance, Belstar Microfinance, Capital Trust, and Ujjivan Small Finance Bank.
Business Head - West Division
Mr. Devendra Kumar Galav joined us as the Business Head West Division in March 2025. He brings over 15 years of experience in the Microfinance and NBFC sector, having worked extensively across Rajasthan, Haryana, and Punjab. He holds a PGDM in Agri Business Management and a B.Sc. in Agriculture.
He has held leadership roles at SKS Microfinance, Taraashna Financial Services, and IIFL Samasta, with expertise in operations, portfolio quality, risk mitigation, and business development.
Head Branch Audit
Mr. Srikant Bohara holds a post graduate degree in commerce along with a LLB degree. He currently leads the company's internal audit function with a detailed approach that enables cost efficiency and operational excellence.
Prior to this, he has worked with Priyanka Group and Tata Group.
Assistant Head Training and Development
With over 13 years of experience in the microfinance sector, Mr. Hemant Thakur serves as the Assistant Head Training and Development. He has previously held key positions at IIFL Samasta, Svatantra Microfin, Capital Trust, and Arth Microfinance. His areas of expertise include audit, process and soft skill training, training need analysis, capacity building, and impact assessment.
Hemant plays a pivotal role in driving structured learning initiatives and strengthening training frameworks across the organization.
Assistant Head - Credit
Ms. Preeti Verma holds a bachelor’s degree in arts. She has been associated with Digamber Finance since 2014 and holds expertise in the credit Underwriting & Administration. She is responsible for complete underwriting, risk assessment & policy design and has more than 10 years of experience in Credit Underwriting.
She has previously worked with Fullerton India Credit Company Limited
About Role: The primary responsibility of this role is to facilitate and oversee the lending process for Joint Loan Groups, which are small groups of individuals who come together to access microfinance loans.
Job Responsibilities:
Skills Required:
Qualifications: 12th Pass with 0 to 2 years of relevant experience in any NBFC/ MFI/ BFSI/ Fintech (Freshers are eligible).
About Role: Responsible for driving business growth and operational excellence across a defined region by overseeing branch performance, ensuring compliance with company policies, maintaining portfolio quality, timely collection and leading team development. The role involves strategic expansion, audit closure, and coordination with HR for staffing and training, while ensuring high standards of efficiency, productivity, and risk management.
Job Responsibilities:
Skills Required:
Qualifications: Any Graduate/ Post Graduate with 5 to 10 years of relevant experience in any NBFC/ MFI/ BFSI/ Fintech.
Job Location: Jaipur, Rajasthan
About the Role: We are seeking a skilled and proactive IT Infrastructure & Security Specialist to manage and secure our organization’s IT infrastructure. The successful candidate will be responsible for the configuration, maintenance, and monitoring of critical systems including firewalls, endpoints, servers, network components, and backup solutions. This role ensures high availability, security, and integrity of our data and IT services.
Responsibilities:
Security Management:
Infrastructure & System Management:
Network Operations:
Skills Required:
Qualifications: BCA/ B.Tech/ BE/ MCA
Digamber Finance has always believed that the right to financial freedom is not only a human right but also a right to justice for everyone, regardless of who they are or where they live.
Digamber Finance upholds the core values and mission to create new opportunities among strapped individuals in rural and semi-rural India because they are part of the unaccounted millions who contribute to the Indian economy through unorganised sectors.
Our mission is to defy conventional wisdom and establish a scalable, long-lasting, and profitable business that contributes to India's transformation. Scalability, Strength, and Source are the pillars that support every Digamber Finance product designed to empower individuals from every corner of India who wishes to start a small business, expand their existing business, and live a meaningful life.
We understand that scalability in the microfinance business is not possible without technology. We focus on bringing together the best industry practices, cutting-edge technologies, and time-and resource-saving strategies and even use artificial intelligence as our technology in the coming future.
We also understand that our strength lies in our experienced employees from different fields - our human capital strengthens our mission to empower change.
Every positive transformation needs a positive mindset, and our investors are the driving force behind the firm's solid fundamentals. They are also our source and help us build a strong cultural practice of a people-first approach and providing loans on the best terms.
We at Digamber Finance warmly welcome you to India's transformational journey.
Key Financial Highlights As on 30.06.2025
States and UT
Branches
Employees
Active Loans
Gross AUM (INR Millions)
Joint Liability Group (JLG) is an informal group comprising preferably of 3 to 30 individuals for the purposes of availing loan either individually or through the group mechanism against mutual guarantee.
Meet the key stakeholders who enable us to empower rural India with the finest and most innovative financial solutions. They play a key role in growing our business because it is their trust and loyalty that supports the development and financial strength of Digamber Finance over the long term.