See, with the traditional way of banking, it is not possible to reach every corner of the country, especially when you have a big country like India with the biggest population on the planet. And that is precisely where some niche banks come into play and those we call the SFBs aka Small Finance Banks, which are kinda famous these days in India. These are the very banks that offer basic banking services to those who aren’t usually served by the traditional banks in the country, so that’s that! Though, there aren’t so many of these SFBs in the country, and sure enough, out of these very small numbers, there are a few that are doing their best. So, that’s precisely why we have listed the top 10 most renowned small finance banks in India as of 2025 in today’s post. Alright, let’s check out the list now.
1. AU Small Finance Bank
How about a small finance bank that made it big after it got started just as a vehicle loan distributor back in 2017? Oh yes, we’re referring to the AU Small Finance Bank here, no doubt. And look at it now, like, AU Small Finance Bank is the largest and THE BEST small finance bank in the country as of 2025. Though, it wasn’t until 2021 that this became a full-fledged bank, which was a big step, to be honest. For now though, as of 2025, it has 1,000+ banking outlets, which is just purely awesome and impressive.
2. Equitas Small Finance Bank
Coming up next and just like some other banks on this list, yes, initially, Equitas was like a super helpful bank that gave out small loans to people to start their own businesses and look where this thing has got them as of 2025. You know, like, they’re the best SFB in India right now, though, it was particularly famous down there in the Southern part of the country, but now it has become kinda a well-known bank in the rest of India too. All in all, yes, Equitas is a good bank that has a good track record and rating from experts.
3. Ujjivan Small Finance Bank
And then, well, Ujjivan, originally a microfinance company, the one that was out there to serve people who didn’t get the usual banking services, particularly bank loans, but not anymore with this one. Like, right now, as of 2025, this very bank has 441 ATMs and operates in 26 states and union territories, which is just impressive for an SFB in the country. As for what they do, well, it offers loans for homes, vehicles, and small businesses.
4. Utkarsh Small Finance Bank
Next on the list, you’ll find Utkarsh down there in Varanasi, and this one is again specifically famous for reaching people in small towns! What else? Oh, well, the bank lets you open a savings account and a fixed deposit, so that’s there too. Not just that though, you see, with the main feature of this one, many women entrepreneurs and small businesses have been benefiting from this bank’s service.
5. Jana Small Finance Bank
Again, just like some other banks on this list, yes, Jana Small Finance Bank was established as a microfinance company offering loans and became a bank back in 2018. And now? Oh, well, it now has over 770 branches in 22 states and they’re kinda going out of the way to help the rural area people, who you know, don’t have access to such services. And just for an interesting fact here, well, their number of 12 million customers is just impressive.
6. Suryoday Small Finance Bank
And then, well, among the digital-friendly banks in this category, Suryoday is the best. This bank gives good interest on their savings accounts and fixed deposits, so the return on their money here is often better than what they get in regular banks, you know? And sure, as of 2025, as it is growing its physical branches, it’s making online and mobile banking super easy.
7. Capital Small Finance Bank
Alrighty, so, the FIRST ever small finance bank in India is Capital Small Finance Bank, were you aware of that? So yes, in a way, it has been around for a while and has built a good reputation for offering personalized banking services, which is why we have included it today. And for a little bit of specifications, you see, this very bank puts a lot of effort into helping out farmers and small-scale business owners (retailers or businessmen) from smaller towns and villages through the offering of different types of loans.
8. ESAF Small Finance Bank
Next on the list, just like any SFB out there, you see, ESAF was started with the idea of making banking accessible for everyone, you know, particularly in rural areas. As for what they offer, well, the banking services offered by the ESAF Group include loans, transaction accounts, savings accounts, and credit cards. Nothing particularly too special here, but it is among the best and most stable SBFs.
9. Fincare Small Finance Bank
Fincare? Well yes, and this one is kinda all about efficiency and technology. How’s that exactly? First of all, it helps local traders, entrepreneurs, and small businesses, and then, it is one of the banks that offers qualitative banking services which saves your time and is known as a speedy bank, you know, mainly because of the technological aspect of it all. The service is good, the interest rate is good, so no wonder their reputation is good too.
10. North East Small Finance Bank
So, last on the list, well, North East Small Finance Bank is another one responsible for offering banking services to the people living in the northeastern part of India that has limited access to banking. And just like the others on the list, well, it also assists local companies and people by providing loan and savings options.
Conclusion
There you have it. When it comes to SFBs in the country, and it is the top ones you’re talking about, you can’t just skip the names of these ten whenever talking on this topic. All in all, these had to be the top 10 and best small finance banks in the country as of 2025, no two ways about that.
