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Shalibhadra Finance opens new branch in Madhya Pradesh

The newly inaugurated branch strengthens Shalibhadra’s growing presence in Madhya Pradesh, now totalling eight branches across the state

B2B Market Media by B2B Market Media
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Shalibhadra Finance has continued its expansion across India’s underserved regions with the launch of a new branch in Sanawad, Madhya Pradesh.

This marks the company’s third branch opening in July alone and takes its total operational branches to 56.

Situated in the agrarian heartland near the Narmada River in Khargone district, Sanawad is known for its robust cotton trade and strategic location along vital trading corridors.

The newly inaugurated branch strengthens Shalibhadra’s growing presence in Madhya Pradesh, now totalling eight branches across the state, including in Burhanpur, Dewas, Harda, Khandva, Khargone, Ratlam, and Ujjain.

The Sanawad branch will initially focus on two-wheeler financing, aligning with Shalibhadra’s ongoing mission to support rural economic growth through mobility-driven financial services.

The expansion is part of the company’s broader strategy to deepen district-level engagement and bring tailored credit solutions closer to India’s rural and semi-urban population.

Commenting on the development, Minesh Doshi, Managing Director, Shalibhadra Finance, said, “Our move into Sanawad is a calculated step toward reinforcing our footprint in western Madhya Pradesh. The town’s prominence in agricultural trade makes it a prime location for our two-wheeler financing model. This initiative brings us closer to our goal of operating 70 branches by the end of FY26, while also ensuring we respond more efficiently to the credit needs of economically active regions.”

Shalibhadra Finance has built a reputation for reliability and customer-centricity, especially in rural and semi-urban markets.

With a focus on ethical lending and accessibility, the company is leveraging its growing branch network to increase financial inclusion and drive economic participation in India’s emerging regions.

As Shalibhadra Finance continues to scale its operations, the Sanawad branch exemplifies its commitment to fostering grassroots mobility and livelihood opportunities through targeted, accessible financing.

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