NBFC companies in India are Companies registered by the Companies Act 1956 and regulated by the Reserve Bank of India Under RBI Act, 1934 (Ch. 3-B). NBFCs are also known as Non-banking Financial Institutions (NBFIs) or Finance Companies.
Non-Banking Financial Companies (NBFC’s) are financial institutions that offer Banking services under the guidance of the Reserve Bank of India, but these companies do not possess any banking license. NBFC companies in India are majorly engaged in the Financing activities like-Loans, Advancing, Acquisition Share, Debentures, Bonds and Government Securities, Leasing, Hire Purchase, Chit, Insurance, Advisory business.
NBFCS companies in India are restricted from taking deposits from the public. Whereas these companies play a very crucial role in our GDP as they offer their services in Rural & Urban areas, most of the NBFC Companies in India grant loans that support healthy economic growth. NBFC companies in India contributes around 13% of total GDP.
Types of NBFC Companies in India
What are the major categories of NBFC’s?
There is a broad Category Depending Upon the acceptance of deposits, and non-deposits. While we can name them according to their nature of activities:
- AFC: Asset Financing Companies
- IC: Investment Company
- LC: Loan company
- IFC: Infrastructure Finance Company
- CIC: ND-SI Systematically Important Core Investment Company
- Infrastructure Debt Fund
- Residuary Non-Banking Companies(RNBCs)
- Micro Finance Institution, Factoring
- Mortgage Guarantee Companies
- Non-Operative Financial Holding Companies
Best NBFC Companies in India & NBFC Companies Customer Care Number
NBFC Companies in India also provide Investment and Monetary advice like advances, chit reserves, etc. As these companies are quick and effective while dispersing loans and advances so Most Peoples prefer them over Banks. They offer a wide range of Financial Products with ease of Flexibility and more Transparency.
Listing NBFC Companies on a single page is not an easy task, as there are too many NBFC Companies in India. We are here Listing Few of the Top NBFC Companies in India with NBFC Companies Customer Care Numbers for your help.
Bajaj Finance Ltd is one of the reputed Top NBFC Company headquartered in Pune, India. The company is engaged in consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits, and other allied activities. Bajaj Finance offers retail fixed deposits, wholesale fixed deposits to its wide customer. It also engaged in life insurance, general insurance, and mutual fund distribution.
Bajaj Finserve Limited Was founded in 2007 and is a unit of Bajaj Holdings and Investments. It offers loans to doctors for career enhancement, home loans, gold loans, individual loans, business and entrepreneur loans and is an extremely popular finance company. Apart from these, Bajaj Finserv also provides services like wealth advisory, lending money, and general insurance. It has over 1400 branches across the country with more than 20000 employees.
Bajaj Finserve Customer Care Number: 1800-103-3535 (Toll-Free)
Tolled Bajaj Finserve Customer Care Numbers: 08698010101, 09266002288, 02039575152
GIC Housing Finance Ltd
GIC Housing Finance Ltd is a subsidiary of General Insurance Corporation of India. The company is among the top 10 finance companies in India. The company is engaged in housing finance activities. They operate in the retail loan segment. They provide loans to individuals and to persons/entities engaged in the construction of houses/ flats for residential purposes. The Company is based in Churchgate, Mumbai.
GIC Housing Finance Ltd Customer Care Number: 022-2285 1765
IDFC First Bank Ltd
IDFC First Bank Ltd was founded in the year 2015 and is headquartered in Mumbai, Maharashtra, India. It was formerly known as IDFC Bank Limited, is a banking company. The Bank’s segments include treasury, corporate /wholesale banking, retail banking, and unallocated. It operates approximately 65 branches, over 10 automated teller machines (ATMs), and spread throughout India. It offers a savings account, fixed deposit, recurring deposit, debit card, home loans, payments, and online services, among others. It is among the top 10 finance companies in India.
IDFC First Bank Customer Care Number: 1800 419 4332
HDB Finance Services
HDB Financial Services is operated by India’s largest private-sector HDFC Bank. It offers a variety of secured and non-secured financial loans through a network of more than 1,000 branches in 22 Indian states and 3 Union Territories. It provides secured and unsecured loans, including personal and business loans, doctor’s loans, auto loans, gold loans, new to credit loans, enterprise business loans, consumer durables loans, construction equipment loans, new and used car loans, equipment loans, and tractor loans. The company operates through Lending Business and BPO Services segments. It is considered the fastest growing NBFC in India today.
HDB Financial Services Customer Care Number: 044 4298 4541
Indiabulls Housing Finance Ltd
Indiabulls Housing Finance Ltd is headquartered in New Delhi, India. It was founded in the year 2005. It is a financial services company serving the United Kingdom, India, United Arab Emirates, etc. IHFL is part of the Indiabulls group. IBHFL concentrates on the mid-market segment for financing.
The top finance company was awarded as Fastest Growing Housing Finance Company by NAREDCO in the year 2013-14. ASSOCHAM awarded Indiabulls Housing Finance Ltd as an Affordable Housing Finance Company in the year 2015.
Indiabulls Housing Finance Customer Care Number: 1800-200-7777
L & T Finance Holdings Ltd
Larsen & Toubro Limited is an Indian Multi-National Giant. The top finance company is headquartered in Mumbai. L & T finance Holding focuses its business on Information Technology, construction, engineering, financial services, manufacturing goods, etc. The company is offering power, electrical equipment, heavy equipment, and shipbuilding. The company is offering construction, real estate, IT services, and financial services. The subsidiary of the top finance company is L& T Infotech, L & T Finance Holdings, L & T Technology services, L & T infrastructure finance company, etc.
L & T Finance Limited
L & T Finance Limited is a very strong player in NBFC’s, it was established in 1994. Headquartered in Mumbai, L & T offers its funding services to various sectors like Corporate and Rural loans, trade, industry, agriculture, Commercial Vehicle Loans, and Individual Vehicle loans. The company caters to more than 10 lakh people. In 2010 Economic Times awarded L&T the “Company of the year”.
L&T Finance Customer Care Number: 1800-3454-001
Mahindra & Mahindra Financial Services Ltd
Mahindra & Mahindra Financial Services Ltd was founded in the year 1991 and is headquartered in Mumbai, India. The Company serves the financing needs of the population residing in rural and semi-urban areas of India. Mahindra & Mahindra Financial Services offers various retail products and services. like: Financing vehicles for Personal and Commercial uses, tractors, SME loans, and various other financing products. The Company also provides mutual fund distribution, fixed deposit schemes, and personal loans. Mahindra Insurance Brokers Limited is the subsidiary of Mahindra & Mahindra Financial Services and is in the business of distributing Life Insurance and General insurance products and has tie-ups with many insurance companies. It is one of the major finance companies in India.
Mahindra & Mahindra Financial Services Customer Care Number: +91-22-6652 6000, 1800 233 1234
Muthoot Finance Ltd
Muthoot Finance Ltd is India’s first NBFC operates since 1888, as a small lender from a village in Kerala. Muthoot Finance Ltd sanctions loans against gold and gold ornaments. Muthoot Finance is a leader in India’s Gold loan and financial market. Muthoot Finance Ltd offers foreign exchange services, money transfers, wealth management services, travel and tourism services, insurance broking, home loans, personal loans, collection services, microfinance, windmill power generation, white-label ATM’s, Instant money transfer services, and domestic money transfer services. Gold coins are also sold at various Branches. The company has its headquarters in Kochi, Kerala, India. Currently, the Company operates around 4,450 branches all over the country.
Muthoot Finance Customer Care Number: 1800 313 1212
Shriram Transport Finance Company Limited
Shriram Transport Finance Company Limited focuses on funding commercial and business vehicles, besides others. The company was founded in 1979 and has been offering funding services for Light Duty Trucks, Heavy Duty Trucks, Mini Trucks, Passenger Vehicles, Construction Vehicles, and Farm Equipments. The company’s specialization is in general insurance, mutual funds, common assets, stockbroking, and general protection.
Shriram Transport Finance Company Customer Care Number: 1800 103 4959
Commonly known as Chola Finance, is the financial services arm of the Multibillion Murugappa Group. Cholamandalam Investment and Finance Company Limited incorporated in 1978 and starts its operations as an equipment financing company. Now Cholamandalam is a complete financial services provider that offers all kinds of financing services like – vehicle finance, home loans, home loans, equity loans, SME loans, Investment & Advisory Services, Stockbroking, etc. Cholamandalam has around 750 branches across India with above INR 36,000 Crores of AUM (Assets Under Management).
Cholamandalam Customer Care Number: 1800-102-4565
Tata Capital Financial Services Ltd
Tata Capital Financial Services Limited is one of the top leading NBFC Companies in India, Established in 2007 by Tata Sons Limited. Tata Capital Financial Services Ltd (TCFSL) is a One-Stop financial service provider that fulfills the diverse needs of retail, corporate and institutional customers across businesses around India. TCFSL is registered as ‘Systemically Important Non-Deposit Accepting Non-Banking Financial Company (NBFC)’. TCFS Offers various services to individuals, families, and businesses like commercial finance, infrastructure finance, wealth management, consumer loans and distribution, and many more.
Tata Capital Financial Services Customer Care Number: 1860-267-6060
Aditya Birla Finance Ltd.
Aditya Birla Finance Limited an ISO 9001:2008 certified NBFC is a part of the Aditya Birla Financial Services incorporated in 1991. Aditya Birla Finance Ltd (ABFL) is registered with RBI as a ‘systemically important non-deposit accepting NBFC. ABFL ranks among the top five largest, diversified NBFCs in India. It offers various financing services with a pinch of customized solutions for corporate financing, commercial mortgage, capital markets, and structured financing.
Aditya Birla Finance Customer Care Number: 1800 270 7000
PNB Housing Finance Ltd
PNB Housing Finance Ltd was founded in the year 1988. It is headquartered in New Delhi, India. It is engaged in providing Home Improvement Loans, Loan Against Property, Home Extension Loans, Plot Loans, Home Loans, Home Construction Loans, Land Loans, Lease Rental Discounting, Fixed Deposits, etc. The Company operates around 38 branches and around 16 under-writing hubs. It is one of the major NBFC companies in India.
PNB Housing Finance Customer Care Number: 1800-120-8800
Find all other NFBC Companies in India and there customer care Numbers at – NBFC Companies Customer Care Numbers