Company lists · Data refreshed September 2026

Top 25 Microfinance cooperatives based in India

RevenueBase identified 712 microfinance cooperatives headquartered in India as of September 2026 and tracks 87,415 professional contacts across them, including 7,978 with verified work emails. Mumbai is the largest hub.

This list covers microfinance cooperatives 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 20, 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 20, 2026 86% judged on-target in blind review
712Companies
87,415Contacts tracked
7,978Verified emails
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The 25 largest microfinance cooperatives based in India

Ranked by team size
Top 25 of 712 microfinance cooperatives based in India, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to microfinance cooperatives: 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 evidenceVaranasi, IndiaHQ checked Sep 20, 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 20, 2026
2Indirect evidenceHyderabad, IndiaHQ checked Sep 20, 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 20, 2026
3Partial evidenceGurgaon, IndiaHQ checked Sep 20, 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 20, 2026
4Indirect evidenceGurgaon, IndiaHQ checked Sep 20, 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 20, 2026
5Indirect evidenceKochi, IndiaHQ checked Sep 20, 202610001+3,274 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 20, 2026
6Partial evidenceBangalore, IndiaHQ checked Sep 20, 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 20, 2026
7Indirect evidenceNavi Mumbai, IndiaHQ checked Sep 20, 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 20, 2026
8Indirect evidenceKolkata, IndiaHQ checked Sep 20, 20265,001-10,0002,256 contacts →

Indirect evidence

“Established in 2006 in Kolkata, Arohan Financial Services Limited, a part of The Aavishkaar Group, is among India’s largest NBFC MFIs.”

Source: RevenueBase Database · checked Sep 20, 2026
9Indirect evidenceBengaluru, IndiaHQ checked Sep 20, 20261,001-5,0002,038 contacts →

Indirect evidence

“The idea of Vistaar dawned on the minds of two first-generation entrepreneurs, who truly believe in supporting and creating new economic opportunities through credit provisioning…”

Source: RevenueBase Database · checked Sep 20, 2026
10Indirect evidenceMumbai, IndiaHQ checked Sep 20, 20265,001-10,0002,000 contacts →

Indirect evidence

“Svatantra Microfin Private Limited (Svatantra), an NBFC-MFI, has impacted more than 30 million lives since inception in 2012.”

Source: RevenueBase Database · checked Sep 20, 2026
11Indirect evidenceChennai, IndiaHQ checked Sep 20, 20261,001-5,0001,923 contacts →

Indirect evidence

“Veritas Finance Limited (formerly known as Veritas Finance Private Limited) is an organization started with the primary intention of reaching out to the customers who either have…”

Source: RevenueBase Database · checked Sep 20, 2026
12Partial evidenceChennai, IndiaHQ checked Sep 20, 202610001+1,843 contacts →

Partial evidence

“Belstar Microfinance Limited, a subsidiary of Muthoot Finance, is a leading NBFC-MFI committed to digital financial inclusion and women’s economic empowerment.”

Source: RevenueBase Database · checked Sep 20, 2026
13Indirect evidenceJaipur, IndiaHQ checked Sep 20, 20261,001-5,0001,549 contacts →

Indirect evidence

“Finova stands for financial innovation.”

Source: RevenueBase Database · checked Sep 20, 2026
14Indirect evidenceGurugram, IndiaHQ checked Sep 20, 20265,001-10,0001,515 contacts →

Indirect evidence

“At Fusion, we believe that financial empowerment is the foundation of meaningful progress.”

Source: RevenueBase Database · checked Sep 20, 2026
15Indirect evidenceBangalore, IndiaHQ checked Sep 20, 20265,001-10,0001,406 contacts →

Indirect evidence

“Chaitanya India Fin Credit is a wholly owned subsidiary of @Svatantra Microfin Pvt.”

Source: RevenueBase Database · checked Sep 20, 2026
16Indirect evidenceNew Delhi, IndiaHQ checked Sep 20, 20265,001-10,0001,265 contacts →

Indirect evidence

“Founded in October 2016 and headquartered in New Delhi, SATYA MicroCapital Ltd.”

Source: RevenueBase Database · checked Sep 20, 2026
17Indirect evidenceJalandhar, IndiaHQ checked Sep 20, 20261,001-5,0001,098 contacts →

Indirect evidence

“Capital Small Finance Bank, headquartered in Jalandhar, Punjab, began its journey in and, in April 2016, became India’s first Small Finance Bank.”

Source: RevenueBase Database · checked Sep 20, 2026
18Indirect evidenceChennai, IndiaHQ checked Sep 20, 20261,001-5,0001,079 contacts →

Indirect evidence

“Despite the numerous advancements that India has achieved over the last few decades and the significant strides that we as a country have made in the domain of financial services…”

Source: RevenueBase Database · checked Sep 20, 2026
19Indirect evidenceJalandhar, IndiaHQ checked Sep 20, 20261,001-5,0001,071 contacts →

Indirect evidence

“With its headquarters nestled in Jalandhar, Punjab, MML embarked on a remarkable journey dedicated to the Financial & Social Empowerment of Women.”

Source: RevenueBase Database · checked Sep 20, 2026
20Partial evidenceNew Delhi, IndiaHQ checked Sep 20, 2026201-500917 contacts →

Partial evidence

“Fusion Microfinance is a registered NBFC – MFI which operates in a Joint Liability Group lending model of Grameen.”

Source: RevenueBase Database · checked Sep 20, 2026
21Indirect evidenceTamilnadu, IndiaHQ checked Sep 20, 20261,001-5,000805 contacts →

Indirect evidence

“Dvara Kshetriya Gramin Financial Services Private Limited (Dvara KGFS) is a leading non-banking financial company (NBFC) that operates in remote rural areas of India.”

Source: RevenueBase Database · checked Sep 20, 2026
22Indirect evidenceMumbai, IndiaHQ checked Sep 20, 20261,001-5,000780 contacts →

Indirect evidence

“We are a RBI registered NBFC providing small business loans to micro- micro entrepreneurs in Tier 3 and beyond cities in India.”

Source: RevenueBase Database · checked Sep 20, 2026
23Indirect evidenceVaranasi, IndiaHQ checked Sep 20, 20265,001-10,000764 contacts →

Indirect evidence

“CASHPOR Micro Credit, a Not-for-Profit Company incorporated under Section 25 of the Companies Act, 1956 (corresponding to Section 8 of the Companies Act, 2013) and also registered…”

Source: RevenueBase Database · checked Sep 20, 2026
24Partial evidenceBengaluru North, IndiaHQ checked Sep 20, 202610001+740 contacts →

Partial evidence

“BSS Microfinance Limited (the Company) is a Public Limited Company and 100% Subsidiary of Kotak Mahindra Bank Limited(KMBL).”

Source: RevenueBase Database · checked Sep 20, 2026
25Partial evidenceAhmedabad, IndiaHQ checked Sep 20, 20261,001-5,000704 contacts →

Partial evidence

“Pahal is registered with Reserve Bank of India as a Non-Banking Financial Services Company more specifically as NBFC – MFI, providing microfinance services to the low-income…”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 25 of 712 microfinance cooperatives based in India

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Microfinance cooperatives based in India at a glance

As of Sep 20, 2026
9.1%Verified-email coverage
122.8Average contacts per company
51-200Median size (employees)
6.3%Largest-city concentration · Mumbai
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
128
11-50
154
51-200
187
201-500
110
501-1,000
51
1,001-5,000
49
5,001-10,000
13
10001+
17

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 712 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 cooperatives, 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 cooperatives”. 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 cooperatives), 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 cooperatives, 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, 7,978 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 20, 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.

Microfinance cooperatives by metro

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 cooperatives, 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 cooperatives are there based in India?

RevenueBase identified 712 microfinance cooperatives 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?

Utkarsh Small Finance Bank, headquartered in Varanasi, tops this list with the largest team on record.

Which city has the most microfinance cooperatives?

Mumbai leads with 45 headquartered companies, followed by New Delhi (36) and Bangalore (26).

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 7,978 verified decision-maker contacts tracked across these 712 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 20, 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.