Time line yearly history
In 2014, DCL disbursed loan to people and helped them to open accounts and in Jan Dhan Yojna the numbers of accounts opened were 2.5 hundred. For a proof picture of the loan, disbursement is taken from every client. With this growth, DCL has also become successful in landing more branches in other places of Rajasthan. Expanding more towards digital disbursement and began new initiative for better tomorrow.
Year by year with continuous success and embarking on the path of development DCL got RBI licensee of NBFC MFI. With this success of approval, they started their operation in Madhya Pradesh in 2013. Branches are increasing and work is increasing that means more to digitization and more growth with more financial stability.
In 2011, Digmaber Finance with more knowledge and expanding work realized the importance of financing for small-landowners. Micro-financing is one initiative from the minds of creators of Digamber Finance which will lead to serving of sole service, “One service for all.”
In 2010, Awards are the recognition of work in progress and for their excellence, DCL received “Award of Excellence” by SBI in 2010. DCL supported the 2014-2015 summits of Mifos in immeasurable ways and eradicating all the problems that came in the way of the summit.
In 2009, DCL with complete research & development, analysis, and survey started new policies for micro-financing which were adopted by companies of Philippines and Kenya later. DCL bridged the gap in rural areas with micro-financing and created the centralized landing sensing hub for the society. Along with that, they have crossed AUM of INR 50Mm and that is one another milestone for DCL.
In 2006 DCL group landed with Micro-financing, improving livelihood opportunities by focusing on micro-credits reducing risk mitigation with smoothness in consumption and secured insurance of life. It’s a step to build the women of society and thereby contributing to the sustainable development & growth of communities.
DCL received their license from RBI in 1999 and in Rajasthan DCL initiated with vehicle financing and constantly leveraging technological innovation in a rural part of the Rajasthan. They saw the need for financial support in rural areas and with this aim, they became 1st to provide financial assistance in rural areas and providing income generating loans.