Satin Creditcare Network opens first branch in Mizoram

SCNL manages a robust portfolio of over Rs 1,500 crore and runs 165 active branches in the Northeast alone as of June 30, 2025

Satin Creditcare Network (SCNL) has opened its first branch at Aizawl, Mizoram, taking its total count to 26 states and 4 union territories. This move establishes SCNL as the first leading microfinance institutions (MFI) to enter the state, aiming to bolster financial inclusion and drive economic development nationwide. 

This move also strengthens SCNL’s leadership in the Northeast, where it now operates across seven states, cementing its position as the largest leading microfinance institution in the region. SCNL manages a robust portfolio of over Rs 1,500 crore and runs 165 active branches in the Northeast alone as of June 30, 2025. 

With a network of more than 1,600 branches across India, SCNL’s mission is deeply rooted in improving credit access in rural and semi-urban areas. Today, 76% of its operations are concentrated in rural India, impacting over 1,00,000 villages. The expansion into Mizoram is a natural progression of its vision to foster inclusion and local enterprise in new geographies.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.