Chaitanya has its inspiration in an NGO of 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 7 states of the country serving over 5 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.