About IDF Financial Services
IDF Financial Services is a Financial Services company based in Bengaluru (India) founded in 2009 by Vivekanand Salimath. It offers micro loans in Karnataka through the SHG model to support individual borrowers. It operates on a B2C model. The company has 193 employees. Its Indian entity Idf Financial Services Private Limited reported revenue of ₹54.62 Cr. Its focus areas include Lending, Microfinance and SHG-Based Loans. Similar companies include ESAF, Satin Creditcare and Fincare Small Finance Bank; 3 of its 3 listed similar companies have raised funding.
Company details
IDF Financial Services, established in 2009, excels in offering financial products and advice, facilitating loans and financing, microfinance, and shg-based loans. Offers micro loans in Karnataka through the SHG model to support individual borrowers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- Employees 193
- Founders Vivekanand Salimath
- SectorsFinancial Services
- Email••••••••
- Website idf-finance.in
- Legal Name Idf Financial Services Private Limited
- Date of Incorporation 27 Oct, 1994
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹54.62 Cr
FY 2025 · +11% YoY
- Net Profit₹2.96 Cr
FY 2025 · 5% margin
- EBITDA₹34.73 Cr
FY 2025 · 64% margin
- Employee Count193
Associated legal entities of IDF Financial Services
IDF Financial Services operates through Idf Financial Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Idf Financial Services Private Limited CIN U67910KA1994PTC016476 | Active | 27 Oct 1994 | Bangalore, Karnataka | ₹54.6 Cr | 193 | 7 | View details |
Board of directors of Idf Financial Services Private Limited (IDF Financial Services)
Idf Financial Services Private Limited is the primary company behind IDF Financial Services. The board of Idf Financial Services Private Limited currently have 6 directors; the longest-serving is Naganagouda Marigouda Patil, appointed in 2008. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naganagouda Marigouda Patil DIN 01674210 | Managing Director | 30 Oct 2008 | 17 yrs 11 mo | Idf Financial Services Private Limited |
| Vivekanand Nagayya Salimath DIN 00253109 | Director | 30 Oct 2008 | 17 yrs 11 mo | Idf Financial Services Private Limited |
| Srikantha Thirthahalli Venkatesh Shenoy DIN 00253396 | Director | 30 Oct 2008 | 17 yrs 11 mo | Idf Financial Services Private Limited |
| Gururaj Madhav Deshpande DIN 00253231 | Director | 07 Sep 2015 | 11 yrs 1 mo | Idf Financial Services Private Limited |
| Kasturi Dharmanna Dambal DIN 06592700 | Director | 24 Feb 2016 | 10 yrs 8 mo | Idf Financial Services Private Limited |
| Ballal Chitpady Satish DIN 10938963 | Director | 21 Feb 2025 | 1 yr 8 mo | Idf Financial Services Private Limited |
People of IDF Financial Services
1 people are tracked at IDF Financial Services (1 in leadership); the tracked headcount is 193.
| Name | Role | Group |
|---|---|---|
| Founder, Chairman | Leadership |
Complete people profiles for IDF Financial Services
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Financials of IDF Financial Services
Figures of Idf Financial Services Private Limited, the primary company behind IDF Financial Services, for FY 2025. Revenue was ₹54.62 Cr (+11% year on year). Net profit was ₹2.96 Cr (5% margin). EBITDA was ₹34.73 Cr (64% margin). Revenue has grown at a compounded annual rate of +23% over three years and +14% over five years.
- ₹54.62 CrRevenue · FY 2025 · +11% YoY
- ₹2.96 CrNet profit · 5% margin
- ₹34.73 CrEBITDA · 64% margin
- ₹32.80 CrPaid-up capital
- 193Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Idf Financial Services Private Limited are on its company page.
Detailed financial statements for IDF Financial Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Similar companies to IDF Financial Services
IDF Financial Services has 3 listed similar companies in our database, 3 of them funded. They include ESAF, Satin Creditcare and Fincare Small Finance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| esafbank.com | 1992 | Thrissur, India | $101.74M | 6,194 | Microfinance banking services are offered in India by ESAF. | |
| satincreditcare.com | 1990 | Delhi, India | $40M | 15,350 | Micro loans for businesses are offered by this NBFC. | |
| fincarebank.com | 2007 | Bengaluru, India | $174.84M | 12,894 | Micro-finance bank |
Detailed similar companies of IDF Financial Services
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Web traffic of IDF Financial Services
The website of IDF Financial Services (idf-finance.in) receives about 1K visits a month.
- Monthly visits1K
▼ 4.8% vs previous month
Top companies in Microfinance
3 companies that operate in the same segment as IDF Financial Services (Microfinance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about IDF Financial Services
IDF Financial Services was founded in 2009.
IDF Financial Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
IDF Financial Services has 193 employees.
The primary company behind IDF Financial Services, Idf Financial Services Private Limited, reported revenue of ₹54.62 Cr for FY 2025, up 11% year on year.
IDF Financial Services, established in 2009, excels in offering financial products and advice, facilitating loans and financing, microfinance, and shg-based loans. Offers micro loans in Karnataka through the SHG model to support individual borrowers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
IDF Financial Services's top competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank.
IDF Financial Services operates through Idf Financial Services Private Limited.
The legal entities of IDF Financial Services currently have 7 directors, including Kasturi Dharmanna Dambal, Naganagouda Marigouda Patil, Prashant Mahabaleshwar Hegde and others.