Digamber Capfin Limited
An NBFC-MFI licensed by Reserve Bank of India
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  • Press Release

MD DIGAMBER FINANCE

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

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.

IML - Individual Micro Loans

Individual Micro Loans (IML) are purpose-based loans, which are facilitated to individuals to start new business or for expansion of existing business.

JLG Loan - Joint Liability Group

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.

IML - Individual Micro Loans

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.

SBL- SMALL BUSINESS LOANS

Our Small Business Loans are thoughtfully crafted to empower entrepreneurs who dare to dream and work relentlessly to grow their businesses. These loans are not just financial support; they are a partnership that fuels expansion, strengthens livelihoods and unlocks new possibilities.

We deeply believe that every entrepreneur’s dream is our own, every milestone they strive for becomes our shared goal, and the fulfilment of their aspirations is what drives us to excel every day. When their businesses grow, communities prosper and that success is the true measure of our purpose.

RAJIV JAIN

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.

About Us

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 190+ branches and more than 1100+ 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.

Mission

"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.

Innovation

At Digamber Finance, we value and promote innovation that supports and enhances processes, leadership, technology, training, recruiting and in every aspect of our business, even our own cultural initiatives.

Transparency Of Information

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.

Equality

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.

Integrity

With 365 days, 24 hours, and 1440 minutes, the financial change makers of Digamber Finance are relentlessly focused on being loyal to our customers, employees, promoters, and, most importantly, to ourselves.

Adhere With Laws And regulations

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.

Employee Engagement

Digamber Finance is committed to offer a rewarding workplace that encourages mutual respect, two-way communication, openness to challenge, and the opportunity for both personal and professional growth.

RAJIV JAIN

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.

AMIT JAIN

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.

NAYAN AMBALI

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,

JATIN CHHABRA

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.

AMITA GILL

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.

OM PRAKASH VERMA

Independent Director

Mr. Om Prakash Verma is a seasoned banking leader with over 40 years of experience in commercial banking, financial management, risk assessment, and business growth. He retired as Deputy General Manager (DGM) and Zonal Head from UCO Bank, having successfully led large-scale banking operations across multiple regions in India and overseas.

His expertise spans credit, recovery, forex, MSME, retail, and international banking. A CAIIB-qualified professional with postgraduate qualifications in Sociology and a Commerce background, he brings deep strategic insight, strong leadership capabilities and a proven track record of driving sustainable growth and operational excellence.

CHANDRAMOULI COORG SUBRAMANIAN

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.

Dharmendra Kumar Jangid

Vice President

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.

DHIRENDRA PRATAP

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.

Dilip Kumar Morwal

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).

SHASHANK Y KUMAR

Assistant Vice President – Accounts & Finance

Mr. Shashank Y. Kumar is a qualified Chartered Accountant and has been associated with the Company since 4 November 2020. 

With over 10 years of post-qualification experience, Mr. Kumar has developed strong expertise in financial reporting, accounting, taxation, treasury management, budgeting, statutory compliance, and internal financial controls. Prior to joining the Company, he was associated with Emirates Chartered Accountants Group in Dubai and subsequently with Suresh Surana & Associates (RSM India) in Mumbai, where he served as Assistant Manager – Internal Audits.

As Assistant Vice President – Accounts & Finance, Mr. Kumar oversees the Company's finance and accounting functions, ensuring the accuracy and integrity of financial information, and supporting strategic business decisions. He also manages relationships with banks, lenders, investors, auditors, and regulatory authorities, while driving financial governance to support the Company's operational efficiency and sustainable growth.

Devendra Kumar Galav

National Business Head

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.

NITIN MOHAN VARMA

Head - Human Resource

Mr. Varma is a seasoned HR professional With over two decades of extensive experience across sectors such as Microfinance, NBFCs, and Insurance. He holds deep expertise in key HR domains including HR strategy, talent management, workforce planning and digital transformation, while bringing strong expertise in people strategy and organizational growth.

In his previous roles, he has successfully driven strategic HR initiatives focused on organizational growth, leadership development and building high-performing teams. He has previously worked with organizations like SK Finance, Satin Creditcare, ICICI Prudential and Bajaj Allianz, among others.

SRIKANT BOHARA

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.

PREETI VERMA

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
 

Field Officer

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:

  • To conduct survey for the prospective area to deliver our services which mainly include – nearby banks and police stations, hospital facility etc.
  • To generate new business for company growth, and achieving your individual target.
  • Provide assistance with JLG loan related matters, service, and loan questions.
  • Assist in business development by counselling customers on coverage options.
  • Functioning with different forms to get details of customers including document verification with complete KYC check in detail and house verification for loan purpose.
  • Managing day to day field visit, projection meetings (CGT – Compulsory Group Training), and operations of the branch.
  • Coordinate with respective branch for your monthly, annually targets or acquirement.
  • Conduct projection training at respective area for customer knowledge about loan and procedure.
  • Collection from customers through centre meetings or individual customer in case of DPD/ OD customers and deposit payment into company’s bank account.

Skills Required:

  • Age minimum 18 years to maximum 30 years.
  • Dynamic, articulate, hard-working individual with strong interpersonal skills.

Qualifications: 12th Pass with 0 to 2 years of relevant experience in any NBFC/ MFI/ BFSI/ Fintech (Freshers are eligible).

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Regional Manager

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:

  • Assess opportunities for geographic expansion of operational region and setting up of new branches.
  • Ensure business growth in the region to achieve sales and collections target.
  • Analyze productivity, efficiency gaps of areas and branches and plug the same.
  • Ensure team is taking preventive and curative measures in the region to maintain high quality portfolio.
  • Ensures rules and norms of the company related to HR, Admin and training are adhered strictly in pursuit of the risk management and defined process.
  • Visits field to observe field activities to ensure these processes are followed in compliance of the operational policy and procedure in the region.
  • Closing the audit actions and oversee the functioning of the regional office.
  • Provide guidance, training and feedback to field staff and Managers to improve performance.
  • Resolve internal conflicts at level and also within the area.
  • Coordinate with HR in recruitment and training of new employees and confirmation/ promotions of staff.

Skills Required:

  • Age minimum 25 years to maximum 45 years.
  • Dynamic, articulate, hard-working individual with strong interpersonal skills.
  • Experience running Microfinance operations at the Area or Regional level.
  • Well versed in MS Office.

Qualifications: Any Graduate/ Post Graduate with 5 to 10 years of relevant experience in any NBFC/ MFI/ BFSI/ Fintech.

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IT Manager

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:

  • Firewall Management: Configure, monitor, and maintain firewalls to prevent unauthorized access and cyber threats.
  • Endpoint Security Management: Deploy and manage endpoint protection solutions to secure user devices from malware, unauthorized access, and data breaches.
  • Email Security: Implement and monitor email security tools to prevent phishing, spam, and data leakage.
  • Network Security Management: Continuously assess and enhance network security measures, ensuring resilience against intrusions and data compromise.

Infrastructure & System Management:

  • Patch Management: Regularly update systems and software with the latest patches to address vulnerabilities and ensure policy compliance.
  • Server Management: Administer and maintain physical and virtual servers to guarantee high availability and optimal performance.
  • Backup Management: Design and implement backup strategies for critical systems and data, ensuring timely recovery in case of disruptions.
  • NAS Management: Manage Network-Attached Storage systems to facilitate efficient file sharing and reliable backup processes.

Network Operations:

  • Access Point Management: Configure and maintain wireless access points to ensure secure and reliable organizational connectivity.
  • General Networking: Support and maintain LAN/WAN infrastructure to provide stable and secure communication channels within and beyond the organization.

Skills Required:

  • 5+ Years of Experience in Network Security
  • Strong knowledge of firewall technologies, endpoint protection, and backup systems.
  • Experience with server administration (Windows/Linux), NAS, and patch management tools.
  • Hands-on experience with networking technologies (switches, routers, access points).
  • Familiarity with security best practices and compliance standards.

Qualifications: BCA/ B.Tech/ BE/ MCA

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Important Public Notice

Digamber Capfin Limited is an NBFC-MFI licensed by Reserve Bank of India is a 31 years old company dealing in micro finance. The company is not in digital lending and does not give any loan through any of the Mobile App.

The company has 2 Mobile Apps through which no loan is offered or disbursed and which are only being used by the employees of the company and existing micro borrowers for generating their loan statements and not available for the general public. Following are the logos of the same:

It has been noticed that there are other Apps available on play store in the name of “Loan Mitra” which are providing the digital loan through Mobile Apps.

It is to inform that these types of Mobile Apps in the name of “Loan Mitra” are nowhere related to Digamber Capfin Limited in any manner and if anybody deals through these Mobile Apps will do it on his/her own risk and Digamber Capfin Limited nowhere has any connection or responsibility regarding the same.



⚠️चेतावनी: धोखाधड़ी से सावधान रहें!

दिगम्बर कैपफिन लिमिटेड के संज्ञान में यह बात आई है कि कुछ लोग, जिनका दिगम्बर कैपफिन लिमिटेड से कोई संबंध नहीं है, "दिगम्बर माइक्रो लिमिटेड कंपनी" के नाम पर महाराष्ट्र, गुजरात एवं अन्य राज्यों में धोखाधड़ीपूर्ण गतिविधियाँ कर रहे हैं। ये लोग ग्रामीण और अर्ध-शहरी क्षेत्रों, विशेष रूप से महिलाओं को माइक्रो लोन देने के नाम पर लक्ष्य बना रहे हैं और इसके लिए उनसे शुल्क वसूल कर रहे हैं।

हम, दिगम्बर कैपफिन लिमिटेड जो की भारतीय रिज़र्व बैंक द्वारा लाइसेंस प्राप्त एक NBFC-MFI हैं, यह स्पष्ट करना चाहते हैं कि हमारा ऐसे किसी व्यक्ति, समूह या “दिगम्बर माइक्रो लिमिटेड कंपनी” नामक इकाई से किसी भी प्रकार का कोई संबंध नहीं है।

हम सभी को सतर्क करते हैं कि ऐसे किसी व्यक्ति या समूह से कोई लेन-देन न करें। दिगम्बर कैपफिन लिमिटेड किसी भी प्रकार से, "दिगम्बर माइक्रो लिमिटेड कंपनी" के साथ किसी के भी द्वारा किए गए या किए जाने वाले लेन-देन के लिए जिम्मेदार नहीं होगा।

यह सूचना दिगम्बर कैपफिन लिमिटेड के कानूनी अधिकारों को सुरक्षित रखते हुए, जनहित में जारी की जा रही है ।



⚠️ Warning: Beware of Fraud!

It has come to the attention of Digamber Capfin Limited that certain individuals, who have no connection with the company, are engaging in fraudulent activities under the name "Digamber Micro Limited Company" in Maharashtra, Gujarat, and other states. These individuals are targeting women in rural and semi-urban areas, falsely promising micro loans and collecting fees in return.

We, Digamber Capfin Limited, a Non-Banking Financial Company - Micro Finance Institution (NBFC-MFI) licensed by the Reserve Bank of India, would like to clearly state that we have no association whatsoever with any such individuals, groups, or any entity named “Digamber Micro Limited Company.”

We strongly caution the public not to engage in any financial transactions with such individuals or entities. Digamber Capfin Limited shall not be held responsible for any transactions made with or through “Digamber Micro Limited Company.”

This notice is being issued in public interest while protecting the legal rights of Digamber Capfin Limited.

  • Press Release 15-10-2026
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Digamber Capfin Limited
J 54-55, Anand Moti, Himmat Nagar, Gopalpura, Tonk Road,
Jaipur-302018, Rajasthan
Ph No. 0141-2700233, 2700234

CIN : U67120RJ1995PLC009862

info@digamberfinance.com

The name and logo " Digamber Finance" is a registered trademark and brand identity of Digamber Capfin Limited and protected under Trademark and copyright related laws.

Disclaimer as per RBI guidelines - The company is having a valid Certificate of Registration dated 09.09.1999 issued by the Reserve Bank of India under section 45I-Aof the Reserve Bank of India act, 1934. However, the Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits / discharge of liabilities by the company.