About Aarthsiddhi Services Private Limited

Aarthsiddhi Services Private Limited started its journey in July 2016 and has rapidly emerged as one of the trusted partners for banks, financial institutes and cooperative credit societies in the access to finance domain.

ASPL has expertise and competence in advancing financial assistance in rural and semi-urban areas to low- and middle-income group communities. We provide more suitable options for their various financial needs. ASPL is currently operating in 10 districts in Maharashtra through 18 branches, as a Business Correspondent for reputed Banks, Financial Institutions & Co-Operative credit societies and has a plan of expanding its operation in nearby states shortly.

ASPL offers a plethora of financial services including Microloans, Savings, Women Entrepreneurship Loan (WEL), MSME, Water and sanitation, LAP, Loans for Agriculture, & Consumer goods finance etc.

Mr Rajesh Badakh is the founder of this company and have extensive experience and knowledge in the field of microfinance and microlending models and sector, he has been associated with financial inclusion and microfinance institutions for the past 22 years and has vast experience in setting up and expanding the MFIs.

Our focus is to impact the low-income community by providing financial support for better livelihood opportunities and contributing towards financial inclusion along with reaching out to the unbanked and providing financial services to women entrepreneurs belonging to the economically and socially deprived sections of society. Our responsibilities are not restricted merely to financial support but also to acquaint the clients to manage their financials by disseminating financial
Literacy to them.

Our Vision, Mission & Goals

Vision

The community at the bottom of the Pyramid is empowered to access financial services with dignity.

Mission

To empower women through financial and entrepreneurial services to create sustainable livelihood opportunities for their well-being.

Goals

ASPL will reach 7 lakhs families through our services by 2027

Our Team

Mr Rajesh Badakh

Mr Rajesh Badakh

(MD & CEO)
Mr Namdev Lokhande

Mr Namdev Lokhande

(Head - Operations)
Mr Sandip Bhilare

Mr Sandip Bhilare

(State Head)
Mrs Laxmi Chandane

Mrs Laxmi Chandane

(Sr. Regional Manager - Usmanabad)
Mrs Diptika Sapkal

Mrs Diptika Sapkal

(Manager - MIS)
Mr Narayan Lahane

Mr Narayan Lahane

(Regional Manager - Aurangabad)
Mr Pandurang Gaikwad

Mr Pandurang Gaikwad

(Regional Manager - Mumbai)
Mr Anil Wagh

Mr Anil Wagh

(Regional Manager - Ahmednagar)
Mr Pramod Gaikwad

Mr Pramod Gaikwad

(Manager-Audit)
Ms Vaishali Jadhav

Ms Vaishali Jadhav

(HR Admin)

Board Of Directors

Sr. No Name Designation Education
1 Mr. Rajesh Bhausaheb Badakh MD & CEO B.Com, M.M.S.
2 Mr. Chandrashekhar Laxman Shinde Director B.A.M.S.
3 Mr. Anirudha Vasant Mirikar Non-Executive Director Msc (Agri)

Management Team

Sr. No Name Designation
1 Mr. Rajesh Badakh MD & CEO
2 Mr. Sandip Bhilare State Head
3 Mr. Namdev Lokhande Head Operations
4 Mr. Shobhraj Jeure Head Accounts
5 Mrs. Diptika Sapkal Manager – MIS
6 Mr. Pramod Gaikwad Manager – Audit
7 Mrs. Vaishali Jadhav HR and Admin
8 Mrs. Laxmi Kamble Sr. Regional Manager ( Usmanabad Region )
9 Mr. Mallapa Patil Regional Manager ( Solapur Region)
10 Mr. Narayan Lahane Regional Manager ( Aurangabad Region)
11 Mr. Pandurang Gaikwad Regional Manager ( Mumbai Region)
12 Mr. Anil Wagh Regional Manager ( Nagar Region)

Team ASPL