These Are The Top 10 Best Finance Companies in India 2022
Top 10 Finance Companies in India 2022: Financial Companies are institutions that facilitate financial and banking facilities without meeting the criteria of a Bank to the users. Financial Companies are regulated by the central bank and provide a major role in the GDP and economy of the country.
List Of Top Ten Financial Companies in India
1. The Bajaj Finance :
Bajaj Finance Limited was founded in 2007 and is the top finance company in India. Its headquarter is in Pune Maharashtra. The Bajaj Finance deals in loans, personal loans, general insurance, customer finance, commercial lending and general insurance of vehicles
2. L & T Finance Ltd:
L & T Finance Ltd was founded and established in 1994 in Mumbai, Maharashtra. Its headquarter is also in Mumbai. It provides funding services to agriculture, trade, industry, roads, constructions, dams, bridges and motor vehicles.
3. Muthoot Finance Limited :
Muthoot Finance Ltd is India’s first NBFC company and was founded in 1888. Muthoot Finance Limited is regulated by the central bank and it provides loans against gold and silver ornaments and provides foreign exchange services, money transfers services, wealth management, general insurance, tourism and travel services.
4. Tata Capital Financial Services:
Tata Capital Financial Service is a subsidiary of Tata and Tata Sons and was established by Tata in 2007. It provides financial and investment services in India. It is a Mumbai based company that offers personal loans, consumer loans, wealth management services, commercial finance, infrastructure finance and motor vehicles finance in India.
5. Mahindra & Mahindra Financial Limited:
M & M Finance company is established in Jan 1991. Mahindra & Mahindra Financial Services is a non-banking financial provider company. It is the top tractor financer in India and offers gold loans, corporate loans and working capital advances. Its headquarter is at Mumbai.
6. Manappuram Finance Ltd:
Manappuram Finance Ltd. is India’s largest gold loan provider company. Its current CEO is V.P. Nandakumar. It was founded in 1949 in the coastal village of Thrissur District by Mr V.C. Padmanabhan. It offers gold loans, personal loans, wealth services and money lending.
7. Shriram Transport Finance Limited Company :
This company was established in 1979. The company offers trading services, general insurance, mutual funds, stock market, general protection and transport vehicles finance all over India.
8. HDFC Financial Services:
HDB Financial Services is operated by HDFC Bank. HDFC Financial service provides financial loans, personal loans, life insurance and motor vehicles loans. It is the fastest-growing financial company in India.
9. Aditya Birla Finance Limited:
Aditya Birla Finance Limited is founded in 1991 by Aditya Birla Groups. It offers corporate finance, life insurance, transport insurance, mutual funds and lending services. It is one of the best finance companies in India.
10. Power Finance Corporation Limited:
Power Finance Corporation Limited was founded in 1986. It provides financial funding to various power projects in India and supports power generation, Hydro Projects, Transmission, and Distribution of Electricity.