Servitium Micro Finance Private Limited

SEBA RAHARA has been carrying out micro-lending activities since 2006 and the management has focused more on the quality of service delivery and catering to niche service recipients, which is also apparent from the selection of operational areas. The management of SEBA RAHARA understood that only through the form of RBI registered NBFC-MFI the micro lending operation can be carried out in legally complied manner in India and also there will be transparency and a level playing field for all the stakeholders and the sector as a whole. They have acquired an existing NBFC named “SUNFLAG MERCHANTS PRIVATE LIMITED” during FY: 2015–16 and accordingly applied to RBI for conversion NBFC to NBFC-MFI on 2020. Finally, RBI has granted the NBFC-MFI license in the name of “SERVITIUM MICRO FINANCE PRIVATE LIMITED” on May, 2022.