Chaitanya has its inspiration in an NGO of the same name from 2004 with a focus on support for rural livelihood activities and rural education. Chaitanya the NBFC was formed in 2009. After transforming itself as NBFC-MFI in the year 2009, Chaitanya quickly began its operations with an amicable goal of helping the many low-income families who have been traditionally away from the formal banking sector. Today Chaitanya operates in 6 states of the country serving over 4 Lakh clients. With an aim to be a Pan India Financial Institution providing loans meeting the financial service needs of the low and middle-income rural population, encouraging them to be part of the formal economic sector.