Nirantara Community Services (in short, Nirantara) was conceived in early 2006 by few likeminded professionals committed for poverty eradication. Their experience in the development sector, exposure in microfinance domain and innate social-entrepreneurial zeal resulted in to establishment of Nirantara during December 2006. The institution was registered as a Society under Karnataka Societies Registration Act of 1960 at Bidar on 27th December 2006. In just two years of its establishment, Nirantara has grown at a rapid pace and plans to become the most preferred financial institution in the operational area by establishing the organization as a highly professional and sustainable financial services provider.

Nirantara has been considered as a most potential start-up institutions in central part of the country as Nirantara attracted many investors, banks, other financial institutions and capacity building institutions.

Nirantara emerged as National Winner in RBS-Planet Finance sponsored 3rd Microfinance Process Excellence Awards 2008 in Flint (Young) Category from among 67 shortlisted nominees from an initial pool of applicants at the Microfinance India Summit 2008 which was the 5th in the series Organized by ACCESS Development Services, held between November 11th to 13th 2008 at Hotel Ashok in New Delhi.