Top 10 Finance Companies in India
1. Bajaj Finance Ltd
One of the leading NBFC, Bajaj Finance Ltd, is amongst 10 Finance Companies across the nation. The company is into lending and other allied activities. An array of lending like commercial lending, lending to big and small firms, lending to other business activities and value-adding services. It offers fixed deposits to both retail and wholesalers. It is also involved in providing life insurance, general distribution and even mutual fund distributions.
2. GIC Housing Finance Ltd
GIC One of the subsidiaries of general insurance in India. This is one of the top 10 Finance companies in the country. The company is engaged and does housing finance activities. They function in the retail loan segment. They provide loans to people or entities who are involved in the construction of residential and houses, flats, etc. The company is based out of Mumbai, Churchgate.
3. IDFC First Bank Ltd
IDFC was founded in the year 2015 and is situated in Mumbai, Maharashtra. The bank deals with segments like corporate/ wholesale, treasury, retail banking and many others. It has over 65 branches and around 10 ATm’s across the nation. It extends services like a savings account, home loans, recurring deposit, payments through online services.
4. HDFC – Housing Development Finance Corporation
HDFC is among the top 5 finance companies located in Mumbai, a leading firm that provides housing finance. It also extends services like venture capital, general insurance, education loans, banking, etc. It is one of the first companies in providing mortgage services. It is established as the first one to initiate life insurance services in India.
5. Indiabulls Housing Finance Ltd
This financial company is headquartered in Delhi, India and founded in 2005. It is a company that serves financial services to countries like the United Kingdom, India, United Arab Emirates and many more. They mainly have their focus on the mid-market segments. This company was awarded as the fasted growing housing finance company in the year 2013 -14 by NAREDCO. It is also awarded as the most affordable housing finance company in the year 2015.
6. L & T Finance Holdings Ltd
A multinational conglomerate, Larsen & Turbo, is headquartered in Mumbai. It provides services in the field of construction, information technology, financial services, manufacturing goods, and many more. They also offer heavy machinery to various areas. It provides real estate, IT services, construction.
7. LIC Housing Finance Ltd
LIC was founded in the year 1989. It provides services like home loans and mortgage loans. It is located in Mumbai, and its founder is Life Insurance Corporation, India. It is considered to be one of the top housing finance companies in India. It also provides services like a loan for flat renovation, purchase, construction of flat, etc. Its corporate office located in Mumbai, it also provides aid for commercial space building.
8. Mahindra & Mahindra Financial Services ltd
Founded in the year 1991 is headquartered in Mumbai. The company provides aid to the rural and semi-urban crowd of Maharashtra. It offers an array of retail products and services such as tractors, small and semi-big industries, financing transportation for commercial and personal use. The company also provides services like mutual funds, fixed deposit schemes, personal loans, etc. Mahindra & Mahindra is India’s one of the top 10 Financial companies.
9. Muthoot Finance Ltd
Headquartered in Kochi, India was founded in the year 1939. The company is engaged in providing gold loan against gold jewellery collaterals. They work for services like Finance and power generation. They provide loan again gold, especially for people who have improper formal credit for a reasonable tenure to suffice their needs and fulfilling their requirements. The company offers gold loan, foreign money transfer, etc. They provide an array of services.
10. PNB Housing Finance Ltd
PNB Housing finance limited was incorporated in 1988. It is into providing Home loans, loan against property as its collateral, plot loans, Home construction loans, land loans, etc. This company has around 38 branches across India and one of the top 10 companies in India.