Finance Company specializes in supplying credits to purchase goods in credit. The finance companies grant loans or lend money to the customers for different projects or ventures. The finance companies play a vital role in the growth and development of the country.
The importance of the finance companies in the country is not ignorable. Several finance companies operate in India and offer incredible financial services to the varying needs of consumers. Here is the list of the best finance companies in India.
Top 10 Finance Companies in India 2022
10. Aditya Birla Finance Limited
Aditya Birla Finance, formerly it was known as Birla Global Finance Limited. Birla Global Finance Limited is one of the leading names in the finance industry of India. The company incorporated in 1991 and has its headquarters in Mumbai. Aditya Birla Group operates the company and is successfully operating in the country since 20 years.
9. DSP Merrill Lynch Limited
DSP Merrill Lynch Limited is one of the oldest and leading brands in the industry. It incorporated in 1914, and its headquarters is in Mumbai. This more than 100 years company has a distinguished reputation in the market for its financial services.
8. L & T Finance Limited
L & T Finance Limited is the subsidiary of L & T Ltd. The finance company has set its benchmark in the industry for its excellent services. The subsidiary incorporated in the year 1994 and specializes in home loans, commercial loans, corporate loans, personal loans as well as construction loans. It has its headquarters in Mumbai and is running successfully since 20 years offering several products in the sector.
7. ICICI Group
ICICI Group is a renowned name in the banking sector of India. It established in the year 1988, and its headquarters is in Mumbai. It offers customized financial services with excellent features aiming to satisfy the varying needs of its consumers.
6. PNB Housing Finance Limited
Punjab National Bank runs PNB Housing Finance Limited. This finance company under PNB specializes in home loans. The finance section incorporated in the year 2009 aiming to meet the consumer needs of finance for housing. It has its headquarters in New Delhi.
5. LIC Housing Finance Limited
LIC Housing Finance Limited is one among the leading finance companies in India. It incorporated in 1989, and its headquarters is in Mumbai. LIC is one of the best home finance company trusted by the consumers in large numbers.
4. Bajaj Capital Limited
Bajaj Capital Limited is a reputed brand in the finance industry of the country. Its establishment dates back to 1964 and is serving the Indians for 50 years. It has its headquarters in New Delhi and expands across the country with 50 branches.
3. Indiabulls Housing Finance
Indiabulls Housing Finance is a part of Indiabulls Group. The subsidiary brand specializes in housing finance and offers excellent offers. The brand successfully set a benchmark in the industry with its financial help to fulfill the dreams of owning a house. Incorporated in 2005 its headquarters is in Gurgaon.
2. SBI Capital Markets Limited
SBI Capital Markets Limited is the finance sector of SBI fulfilling the financial needs of the consumers. It has its headquarters in Mumbai and is running successfully in the public sector. It was set up in 1986 and offers excellent financial services.
1. Housing Development Finance Corporation
Housing Development Finance Corporation gets identified as the leader among the finance companies in the country. It incorporated in 1977, and its headquarters is in Mumbai. It offers several schemes to fulfill financial needs of the consumers and has clients across the country.
The finance companies mentioned above are the top 10 finance pillars of the country offering excellent financial services to fulfill varying needs of the clients. All these companies play a vital role in the nation’s economic growth.