Company lists · Data refreshed November 2026

Top 25 Microfinance development banks based in India

RevenueBase identified 408 company matches for microfinance development banks associated with India as of November 2026 and tracks 111,894 professional contacts across them, including 12,781 with verified work emails. Mumbai is the largest hub.

This list covers company matches for microfinance development banks associated with India, found by RevenueBase SmartSearch using the meaning of business descriptions in its company graph at Exact. Ranked by professionals tracked, largest first. Rows show recorded descriptions where available, Exact search membership and the snapshot date. Data refreshed November 6, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, 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 RevenueBase SmartSearch · Exact Recorded Nov 6, 2026 How this list was built
408Companies
111,894Contacts tracked
12,781Verified emails
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The 25 largest microfinance development banks based in India

Ranked by team size
Top 25 of 408 company matches for microfinance development banks based in India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Nov 6, 2026. The RevenueBase SmartSearch column shows Exact match membership in this saved search. Click a contact count to view that company's people. Totals use company locations recorded by RevenueBase; the displayed preview is a smaller selection.
#CompanyRevenueBase SmartSearchHeadquartersEmployeesContacts
1Exact matchVaranasi, IndiaHQ recorded Nov 6, 202610001+9,697 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
2Exact matchMumbai, IndiaHQ recorded Nov 6, 20265,001-10,0007,323 contacts →

Exact match

“Sammaan Capital is committed to being the most preferred choice for financial services, built on reliability, transparency, and a deep culture of respect.”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
3Exact matchHyderabad, IndiaHQ recorded Nov 6, 202610001+3,811 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
4Exact matchGurgaon, IndiaHQ recorded Nov 6, 202610001+3,660 contacts →

Exact match

“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.”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
5Exact matchGurgaon, IndiaHQ recorded Nov 6, 202610001+3,511 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
6Exact matchKochi, IndiaHQ recorded Nov 6, 202610001+3,451 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
7Exact matchMumbai, IndiaHQ recorded Nov 6, 202610001+3,037 contacts →

Exact match

Recorded description not available.

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
8Exact matchKolkata, IndiaHQ recorded Nov 6, 20265,001-10,0002,404 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
9Exact matchNavi Mumbai, IndiaHQ recorded Nov 6, 20265,001-10,0002,250 contacts →

Exact match

“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.”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
10Exact matchBangalore, IndiaHQ recorded Nov 6, 20261,001-5,0002,125 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
11Exact matchChennai, IndiaHQ recorded Nov 6, 202610001+1,942 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
12Exact matchChennai, IndiaHQ recorded Nov 6, 20261,001-5,0001,913 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
13Exact matchJaipur, IndiaHQ recorded Nov 6, 20261,001-5,0001,669 contacts →

Exact match

“Finova stands for financial innovation.”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
14Exact matchGurgaon, IndiaHQ recorded Nov 6, 20265,001-10,0001,643 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
15Exact matchLucknow, IndiaHQ recorded Nov 6, 2026501-1,0001,454 contacts →

Exact match

“Set up on April 2, 1990 under an Act of Indian Parliament as a principal financial institution for- Promotion - Financing and - Development of industries in the MSME sector and -…”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
16Exact matchBangalore, IndiaHQ recorded Nov 6, 20265,001-10,0001,368 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
17Exact matchNew Delhi, IndiaHQ recorded Nov 6, 20265,001-10,0001,259 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
18Exact matchJalandhar, IndiaHQ recorded Nov 6, 20261,001-5,0001,223 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
19Exact matchChennai, IndiaHQ recorded Nov 6, 20261,001-5,0001,200 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
20Exact matchJalandhar, IndiaHQ recorded Nov 6, 20261,001-5,0001,169 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
21Exact matchBangalore, IndiaHQ recorded Nov 6, 20265,001-10,0001,003 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
22Exact matchGoregaon, IndiaHQ recorded Nov 6, 202610001+934 contacts →

Exact match

“RBL FinServe Ltd, headquartered in Mumbai, India, is a leading Business Correspondent and 100% subsidiary of RBL Bank.”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
23Exact matchNew Delhi, IndiaHQ recorded Nov 6, 2026201-500890 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
24Exact matchTamilnadu, IndiaHQ recorded Nov 6, 20261,001-5,000862 contacts →

Exact match

“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.”

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase
25Exact matchMumbai, IndiaHQ recorded Nov 6, 20261,001-5,000832 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Nov 6, 2026 · View company records in RevenueBase

Showing 25 of 408 microfinance development banks based in India

See the full list, filter by size, metro and specialty, and access 12,781 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Microfinance development banks based in India at a glance

As of Nov 6, 2026
11.4%Verified-email coverage
274.2Average contacts per company
51-200Median size (employees)
9.1%Largest-city concentration · Mumbai
Nov 6, 2026Page data refreshed

Companies by employee count

1-10
70
11-50
90
51-200
83
201-500
52
501-1,000
32
1,001-5,000
47
5,001-10,000
15
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 408 companies.

How this list was built

The recorded descriptions help you assess these company matches. Check a company’s website for its current services and locations.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Company records associated with India whose business descriptions match “microfinance development banks” by meaning at the Exact setting. Descriptions are compiled in the RevenueBase company graph from public websites, profiles and company information where available; they are not guaranteed quotations from the company's website.
RevenueBase SmartSearch
Describe a niche company in your own words to find businesses by meaning. Exact, Similar, Related and Broad control the breadth of RevenueBase SmartSearch. This saved list uses Exact. Each row's Exact match badge shows inclusion in that search, not an individual score or a service-quality judgment.
Public preview
The public preview omits records without a verified work email. Where headquarters information is recorded, preview rows are also filtered to this page’s location. Dataset totals and geographic summaries describe the full matched records before these preview filters.
Match quality
RevenueBase's August 25, 2026 study assessed 4,198 description/company pairs across matching settings. The publisher reports 86% good or better at Exact. This evaluates the method across queries; it does not audit this individual list. Recorded company descriptions, where available, help you judge each match yourself. Read the full methodology: how the lists are built and what the study measures.
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 displayed company carries at least one verified work email. RevenueBase tracks 12,781 professional contacts with verified work emails across the full matched dataset. 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 November 6, 2026. Lists refresh periodically as the graph is re-checked.
Record context
Company records and descriptions can change. Check the company's website for its current services and locations.

Microfinance development banks by metro

Frequently asked

What is RevenueBase SmartSearch?

RevenueBase SmartSearch finds niche companies by the meaning of their business descriptions in the RevenueBase company graph. Exact, Similar, Related and Broad control how closely companies must fit your description. This list uses Exact for “microfinance development banks”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many microfinance development banks are there based in India?

RevenueBase identified 408 company matches for microfinance development banks associated with India as of November 2026, using the meaning of business descriptions at Exact. This is the recorded matched set in the RevenueBase company graph.

What is the largest company on this list?

Utkarsh Small Finance Bank tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city has the most microfinance development banks?

Mumbai leads with 37 company records, followed by New Delhi (25) and Bangalore (23).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work limited free results with 500 credits to start. Upgrading provides access to the 12,781 professional contacts with verified work emails tracked across these 408 companies; direct dials are available where recorded.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on November 6, 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 SmartSearch, 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.