Finnoviti Awards highlights the innovation quotient at an organization; therefore conceptualized a conference preceding the awards function to brainstorm on innovations, salute the inspiration behind them, and spur an innovation-based mindset among the BFSI eco-system. Dvara KGFS was nominated for the title “Financial Wellbeing Report” chosen by the jury to be awarded with Finnoviti 2021. The program of Finnoviti hence transcends much beyond the definition of just an award; this is a program and an institution in itself.

Dvara KGFS, a leading NBFC in India, was announced as the winner at The Inclusive Finance India Awards 2020 in the category - Technology for Financial Inclusion. The award was presented to Dvara KGFS in recognition for the robust technology adopted to offer a suite of financial services & products for the underserved section of the society and for their operational excellence over the last year. The award was presented by Shri. Anurag Thakur, Honorable Minister of State for Finance and Corporate Affairs, Government of India to Mr. Joby C O, CEO, Dvara KGFS.

'Dvara KGFS (Kshetriya Gramin Financial Services)’ has been selected under the following Category 'Most Innovative NBFC of the Year [NBFC/ MFI/ HFC]' as Winner. To recognize the latest innovations and unique initiatives by the sector, ETBFSI.com has launched the 2nd edition of ETBFSI.com Excellence Awards which identifies, acknowledges, and rewards the achievements of every player who has contributed to the industry.

Dvara Kshetriya Gramin Financial service for being shortlisted as Finalist for Financial Inclusion Initiative at IFTA 2020.The India FinTech Forum aims to position the FinTech community in India as a global leader in innovation and entrepreneurship.

Dvara KGFS, a leading NBFC in India, was announced as the winner at the 9th ACEF Asian Leaders Forum and Awards in the category – Excellence in Rural Marketing. The award was presented to Dvara KGFS in recognition of their efforts towards sustainable development in remote rural India by maximizing financial well-being of every individual and enterprise by enabling complete access to financial services. This was done through Dvara Sampoorna Sampath Plan (DSSP) – an innovative savings solution for rural India.

The Economic Times has recognised Dvara KGFS by conferring the ‘Champions of Rural markets’ Award on Dvara KGFS during their Rural Strategy Summit on 13th December 2019. Through this Summit initiative, The Economic Times aims to highlight the success stories of brands who have explored various opportunities in rural markets and are flourishing by overcoming hurdles despite several challenges in tapping rural markets.

‘KGFS – An innovative financial delivery model’ has been nominated by IFS School of Finance, UK under Finalists for the “Financial World Innovation Awards 2012”

“It was founded to sidestep the weakness in microfinance model and is based on a simple principle: Financial services should be provided in much the same way as a physician prescribes medicines. Understand what customers need, and prescribe the products that would help them” – Forbes India

“KGFS Wealth Management model aims for complete financial inclusion, has implications for other markets” – CGAP Report on KGFS

“The full commercial roll-out of the experiment is still to happen. But if it does, this will be fairly inspirational to many others in the financial service space who are trying to move the agent up the value chain to provide real service” – Monika Halan, advisor to the Indian Pension Fund Regulatory and Development Authority, Livemint.

“While MFIs offer only loans, KGFS offers a bouquet of financial services. While MFIs focus on lower income groups, KGFS is meant to cater to the entire village” – The Economic Times