DJT Microfinance Announces Expansion in Northeast with Major Assam Growth Plan

Avinash Kumar, Chief Operating Officer, DJT Microfinance said, “Our expansion in Assam reflects our long-term commitment to responsible financial inclusion in regions where access to formal credit remains limited. Assam offers a unique combination of accessibility, economic potential and strong portfolio stability. We intend to adopt a calibrated expansion approach, focusing on disciplined growth, strong governance standards, and customer-centric products tailored to local requirements.”

The expansion will be primarily driven through the Joint Liability Group (JLG) lending model, which enables access to credit for low-income households and micro-entrepreneurs who often remain outside the formal financial system. DJT Microfinance recently commenced its operations in the state and is currently undertaking detailed market assessments and area surveys to design financial products aligned with local economic activities and borrower needs. Alongside its existing offerings, the company plans to introduce need-based products tailored to regional demand patterns.

Avinash Kumar further added, “Our lending framework will remain aligned with the NBFC-MFI regulatory guidelines, targeting households with annual incomes of up to ₹3 lakh. We also ensure that the fixed obligation to income ratio does not exceed 50% of the household’s monthly income. We will continue to adhere strictly to SRO guardrails while expanding our portfolio of services in the region.”

Currently, DJT Microfinance operates 75 branches across five states, serving approximately 75 thousand customers. Over the next three years, DJT Microfinance aims to build a scalable and stable portfolio in the Northeast, beginning with Assam. The strategy will focus on disciplined customer acquisition, prudent underwriting, and strong asset quality management.

Through its phased expansion strategy, DJT Microfinance aims to deepen access to formal financial services for underserved households while building a resilient and quality-driven portfolio across eastern and northeastern India.