Company lists · Data refreshed September 2026

Top 25 Microfinance banks based in India

RevenueBase identified 1,081 microfinance banks headquartered in India as of September 2026 and tracks 327,215 professional contacts across them, including 33,911 with verified work emails. Mumbai is the largest hub.

This list covers microfinance banks headquartered in India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 15, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 15, 2026 86% judged on-target in blind review
1,081Companies
327,215Contacts tracked
33,911Verified emails
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The 25 largest microfinance banks based in India

Ranked by team size
Top 25 of 1,081 microfinance banks based in India, ranked by team size, largest first. Data refreshed Sep 15, 2026. RevenueBase Smart Search rates how each company's information relates to microfinance banks: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202610001+45,588 contacts →

Indirect evidence

“HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual & Business…”

Source: RevenueBase Database · checked Sep 15, 2026
2Indirect evidenceMumbai, IndiaHQ checked Sep 15, 20265,001-10,00013,474 contacts →

Indirect evidence

“L&T Finance is one of the leading NBFCs offering a range of loans across Rural | Housing | Two-Wheeler | Personal & Business (SME) The company is promoted by Larsen and Toubro…”

Source: RevenueBase Database · checked Sep 15, 2026
3Indirect evidenceBengaluru, IndiaHQ checked Sep 15, 202610001+12,987 contacts →

Indirect evidence

“Ujjivan Small Finance Bank Limited is a banking company licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry on small finance bank business.”

Source: RevenueBase Database · checked Sep 15, 2026
4Indirect evidenceTrivandrum, IndiaHQ checked Sep 15, 202610001+12,150 contacts →

Indirect evidence

“Muthoot FinCorp Limited (MFL) is the flagship Company of the Muthoot Pappachan Group.”

Source: RevenueBase Database · checked Sep 15, 2026
5Partial evidenceBengaluru, IndiaHQ checked Sep 15, 202610001+11,032 contacts →

Partial evidence

“Jana Small Finance Bank, head quartered in Bengaluru has been one of the pioneering forces behind India's Urban Microfinance movement.”

Source: RevenueBase Database · checked Sep 15, 2026
6Indirect evidenceVaranasi, IndiaHQ checked Sep 15, 202610001+9,279 contacts →

Indirect evidence

“Utkarsh Small Finance Bank Limited (USFBL), incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on the underserved and unserved…”

Source: RevenueBase Database · checked Sep 15, 2026
7Indirect evidenceThrissur, IndiaHQ checked Sep 15, 202610001+9,137 contacts →

Indirect evidence

“Manappuram Finance Ltd.”

Source: RevenueBase Database · checked Sep 15, 2026
8Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202610001+8,471 contacts →

Indirect evidence

“Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India's leading non-banking finance companies.”

Source: RevenueBase Database · checked Sep 15, 2026
9Indirect evidenceDelhi, IndiaHQ checked Sep 15, 202610001+7,737 contacts →

Indirect evidence

“Home Credit India Finance Pvt.”

Source: RevenueBase Database · checked Sep 15, 2026
10Indirect evidenceNew Delhi, IndiaHQ checked Sep 15, 20261,001-5,0006,131 contacts →

Indirect evidence

“Hero FinCorp Limited (HFCL) was incorporated in December 1991 as Hero Honda FinLease Limited.”

Source: RevenueBase Database · checked Sep 15, 2026
11Indirect evidenceThrissur, IndiaHQ checked Sep 15, 202610001+4,904 contacts →

Indirect evidence

“The Joy of Banking” The new age social bank is here to repurpose and redefine banking experience to you.”

Source: RevenueBase Database · checked Sep 15, 2026
12Indirect evidenceJaipur, IndiaHQ checked Sep 15, 20265,001-10,0004,867 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 15, 2026
13Indirect evidenceJaipur, IndiaHQ checked Sep 15, 202610001+4,641 contacts →

Indirect evidence

“Celebrating and embarking 31 years of financial excellence!”

Source: RevenueBase Database · checked Sep 15, 2026
14Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202610001+4,546 contacts →

Indirect evidence

“Capri Global Capital Limited (“Capri Loans”) is a well-diversified retail focused Non-Banking Financial Company listed on the BSE Limited and the NSE Limited.”

Source: RevenueBase Database · checked Sep 15, 2026
15Indirect evidenceHyderabad, IndiaHQ checked Sep 15, 202610001+3,727 contacts →

Indirect evidence

“Spandana Sphoorty Financial Limited (SSFL) has been operating as a Non-Banking Finance Company (NBFC) incorporated under the Companies Act, 1956 and licensed by the Reserve Bank…”

Source: RevenueBase Database · checked Sep 15, 2026
16Indirect evidenceBangalore, IndiaHQ checked Sep 15, 202610001+3,553 contacts →

Indirect evidence

“We are excited to be a part of AU Small Finance Bank from 1st April, 2024.”

Source: RevenueBase Database · checked Sep 15, 2026
17Partial evidenceGurgaon, IndiaHQ checked Sep 15, 202610001+3,407 contacts →

Partial evidence

“Satin Creditcare Network Limited (SCNL or Satin) is a leading microfinance institution (MFI) in the country with a presence in 26 states & 4 union territories and over villages.”

Source: RevenueBase Database · checked Sep 15, 2026
18Indirect evidenceGurgaon, IndiaHQ checked Sep 15, 202610001+3,379 contacts →

Indirect evidence

“Headquartered in Gurgaon, Aye Finance is a new-age finance company providing business loans to small and micro enterprises across India.”

Source: RevenueBase Database · checked Sep 15, 2026
19Indirect evidenceKochi, IndiaHQ checked Sep 15, 202610001+3,274 contacts →

Indirect evidence

“Muthoot Microfin is a part of the Muthoot Pappachan Group (MPG).”

Source: RevenueBase Database · checked Sep 15, 2026
20Indirect evidenceTrichy, IndiaHQ checked Sep 15, 202610001+3,179 contacts →

Indirect evidence

“IDFC FIRST Bharat Limited, is a wholly owned subsidiary company of IDFC FIRST Bank.”

Source: RevenueBase Database · checked Sep 15, 2026
21Indirect evidencePune, IndiaHQ checked Sep 15, 20261,001-5,0003,099 contacts →

Indirect evidence

“Bajaj Finance Ltd- AF, is the most diversified NBFC in the country, financing the widest set of outcomes.”

Source: RevenueBase Database · checked Sep 15, 2026
22Partial evidenceBangalore, IndiaHQ checked Sep 15, 202610001+2,838 contacts →

Partial evidence

“IIFL Samasta Finance Limited (Formerly Samasta Microfinance Limited), is a financial institution committed to working towards women’s economic empowerment.”

Source: RevenueBase Database · checked Sep 15, 2026
23Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202610001+2,829 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 15, 2026
24Indirect evidenceNavi Mumbai, IndiaHQ checked Sep 15, 20265,001-10,0002,766 contacts →

Indirect evidence

“Suryoday Small Finance Bank is a new age bank that was converted from a micro finance institution having served over a million customers since 2009.”

Source: RevenueBase Database · checked Sep 15, 2026
25Indirect evidenceKochi, IndiaHQ checked Sep 15, 20261,001-5,0002,533 contacts →

Indirect evidence

“Muthoot Capital Services Ltd.”

Source: RevenueBase Database · checked Sep 15, 2026

Showing 25 of 1,081 microfinance banks based in India

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Microfinance banks based in India at a glance

As of Sep 15, 2026
10.4%Verified-email coverage
302.7Average contacts per company
51-200Median size (employees)
11.2%Largest-city concentration · Mumbai
Sep 15, 2026Page data refreshed

Companies by employee count

1-10
225
11-50
265
51-200
242
201-500
120
501-1,000
69
1,001-5,000
101
5,001-10,000
20
10001+
37

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 1,081 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among microfinance banks, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in India whose own description of what they do matches “microfinance banks”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names microfinance banks), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among microfinance banks, and records with no verified work email. Companies headquartered outside India are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 33,911 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 15, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names microfinance banks, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many microfinance banks are there based in India?

RevenueBase identified 1,081 microfinance banks headquartered in India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

HDB Financial Services LTD, headquartered in Vile Parle East. Mumbai, tops this list with the largest team on record.

Which city has the most microfinance banks?

Mumbai leads with 121 headquartered companies, followed by New Delhi (72) and Chennai (50).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 33,911 verified decision-maker contacts tracked across these 1,081 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 15, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.