With 5 New Hubs and 25 Branches, Karnataka—We Got You Covered!
Inauguration of Tumkur Branch by Dr. N S Jayakumar, President of Tumkur Merchant Credit Co-operative Ltd.

With 5 New Hubs and 25 Branches, Karnataka—We Got You Covered!

As IREP grows out of Andhra Pradesh and Telangana, we are proud to have a strong start in Karnataka. We are growing at a rapid pace, achieving significant milestones in just 6 ? years. Our expansion into Karnataka marks a critical step in our mission to empower local MSME entrepreneurs, providing them with the financial support needed to grow their businesses.

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With a total of 25 branches set to open by the end of August, we are committed to serving businesses not only in city centers but also in more remote areas. We've already inaugurated branches in Tumkur, Davangere, Mudhol, and Belagavi, and the opening of these branches was graced by the presence of key leaders from their respective localities. The remaining branches will be operational soon, further extending our reach across the state and ensuring that businesses from all corners of Karnataka have access to our services.

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Lamp-Lighting Ceremony in Davangere (Left) and Mudhol Branch launch (Right)

At IREP, we offer quick loans ranging from ?3 to ?15 lakhs, tailored to meet the unique needs of MSMEs. Unlike many other financial institutions, our focus extends beyond businesses in the heart of cities. We aim to cater to all, even those operating from the back and beyond. Our goal is simple—empower local businesses to thrive and, in turn, strengthen communities across the state.

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Engaging with new IREP employees

Looking ahead, our vision is ambitious yet clear. IREP aims to become a 5,000-crore enterprise with the support of 2,500+ employees and 350+ branches by 2028, driving better productivity and profitability across the regions we serve. Karnataka is just the beginning, and we are excited to play a pivotal role in the state's economic growth by offering tailored credit solutions to its vibrant MSME sector.

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Ribbon-Cutting ceremony at Belagavi

A special thanks to Dr Sachin Sabnis for gracing the inauguration in Belgavi

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Sanjeev Verma Sudiip Bhataacharya Srimoyee Kar Manmohan Shetty Kaustubh Tallur Dipika Nandy Mohit Dandekar Rachana Bajaj Gavin Aguiar

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#financialinclusion #womenentreprenuers #viksitbharat

sr govindaraju Raju

Finance at Fincare Small Finance Bank

1 个月

I hope more branches will open and build a good healthy portfolio, may God also give good growth, congratulations Sanjeev sir and Rachana madam

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Umesh Angadi

Open to Work @HFC / NBFC / Banking - 14+Years Experience

2 个月

Congrats Naresh Sir !

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Rajesh N. Begur

Managing Partner & Founder - BEGUR & PARTNERS (formerly ARA Law) | Solicitor of Supreme Court, England and Wales | Keynote Speaker

2 个月

Congratulations Naresh Naik

Sanjit Kavlekar

Sr. Customer Solutions Architect at TELUS Business Solutions

2 个月

Congrats Naresh! Wishing you continued success

Sanjay Rao

Owner Sakshi enterprises

2 个月

Congrats Naresh!

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