Incorporated as public limited Company on 8th July 2008 under the companies act 1956. CIN of the company is NO : U65929TN2008PLC068502
The company obtained Non-Banking Financial Company license from RBI on 3rd Aug 2009. It eas reclassified as NBFC -MFI on 6th June 2014. The COR. No is : N-07-00779.
Act as a catalyst to provide the best financial services to improve the social and economic status of the people.
மக்களின் சமூக பொருளாதார தற்சார்பு நிலையை மேம்படுத்தும் சிறந்த நிதி சேவை வழங்கும் கருவியாக செயல்படுதல்.
To provide appropriate financial products and other support services to improve the social and economic status of the people in economic backwardness across India and Abroad..
பொருளாதரத்தில் பின்தங்கியுள்ள மக்களின் சமூக மற்றும் பொருளாதார நிலையை மேம்படுத்துவதற்கு பொருத்தமான நிதி மற்றும் பிற ஆதரவு சேவைகளை இந்தியாவிலும் வெளிநாடுகளிலும் வழங்குதல்.
The main object of the company is to carry on the service of providing financial support to the poor women enabling them to venture into micro enterprise activities to improve their standard of living.
| S.No | Our Branches | Operation Districts Covered | Operation State Covered |
| 1 | Porur | Chennai & Thiruvallur | Tamil Nadu |
| 2 | Jayamkondam | Ariyalur | Tamil Nadu |
| 3 | Sathankulam | Tuticorin,Tirunelveli | Tamil Nadu |
| 4 | Madurai | Madurai | Tamil Nadu |
| 5 | Pudukottai | Thoothukudi | Tamil Nadu |
| 6 | Tirunelveli | Tirunelveli | Tamil Nadu |
| 7 | Urapakkam | Kanchipuram & Chengalpattu | Tamil Nadu |
| 8 | Parasala | Thiruvananthapuram & Kanyakumari | Tamil Nadu & Kerala |
| 9 | Kavalkinaru | Tirunelveli & Kanyakumari | Tamil Nadu |
| 10 | Tiruvallur | Tiruvallur | Tamil Nadu |
| 11 | Thiruvananthapuram | Thiruvananthapuram | Kerala |
| 12 | Ochira | Kollam | Kerala |
| 13 | Mahe | Mahe Sub – division, Kozhikode & Kannur | Puducherry & Kerala |
| 14 | Chidambaram | Cuddalore | Tamil Nadu |
| 15 | Pennadam | Cuddalore | Tamil Nadu |
| 16 | Arakkonam | Vellore & Ranipet | Tamil Nadu |
| 17 | Thuckalay | Kanyakumari | Tamil Nadu |
| 18 | Gobichettipalayam | Erode |
Tamil Nadu |
| 19 | Santhebennur | Davangere | Karnataka |
| 20 | Shimoga | Shimoga | Karnataka |
| 21 | Sriramapura | Chitradurga | Karnataka |
| 22 | Harihar | Davanagere | Karnataka |
| 23 | Viraganur | Madurai & Sivaganga | Tamil Nadu |
| 24 | Aruppukottai | Virudhunagar | Tamil Nadu |
| 25 | T.Kallupatti | Madurai | Tamil Nadu |
| 26 | Melur | Madurai | Tamil Nadu |
| 27 | Honnali | Davanagere | Karnataka |
| 28 | Bharmasagara | Chitradurga | Karnataka |
| 29 | Guttal | Haveri | Karnataka |
As per RBI stipulations Virutcham Microfinance reached paid up capital of Rs.500 lakhs by the end of March 2014. RBI has issued Re-Registration Certificate on 6.6.2014 and designated and classified our company as NBFC – MFI.
Virutcham follows the norms applicable to NBFC-MFI’s as prescribed by the Reserve Bank of India. The advances by Banks to Virutcham can be classified as NBFC advance and is eligible for Priority sector classification.
The Company has tie-up with the following 3 Insurance service Providers for Credit Linked Insurance Services
1. Kotak Like Insurance Company Ltd.,
2. SBI Life Insurance Company Ltd.,
3. Credit Access Life Insurance.
| Financial Year | Paidup capital | Reserves & surplus (In lacs) |
Loan Portfolio | Profit before tax | Profit after tax |
| 2013-14 | 500.00 | 23.36 | 637.11 | 14.79 | 08.56 |
| 2014-15 | 500.00 | 34.35 | 800.45 | 19.82 | 11.00 |
| 2015-16 | 500.00 | 48.27 | 719.30 | 21.89 | 13.91 |
| 2016-17 | 500.00 | 69.44 | 920.27 | 30.07 | 21.17 |
| 2017-18 | 500.00 | 100.70 | 2753.54 | 40.70 | 31.26 |
| 2018-19 | 900.00 | 209.75 | 5167.08 | 61.91 | 46.05 |
| 2019-20 | 1,201.95 | 394.75 | 6081.50 | 163.59 | 111.66 |
| 2020-21 | 1,502.43 | 201.06 | 5110.96 | 158.62 | 106.79 |
| 2021-22 | 1,502.43 | 316.97 | 5313.55 | 165 | 115.91 |
| 2022-23 | 1,502.43 | 4458.04 | 8,427.15 | 206.01 | 141.06 |
