When people think about Mumbai, they probably think about Bollywood, the Gateway of India, and their crazy local trains. However, the true Mumbai—India’s financial hub—lies beneath the city’s glitz and bustle. From Dalal Street to Bandra-Kurla Complex, the city is alive with money transactions, investments, and financial decisions that fuel not only the economy of India but global markets. The finance companies in Mumbai are at the centre of this story. They are the infrastructure for millions of individuals and organizations looking for loans, investments, wealth management, insurance, and general financial advice.
It does not matter if you are a startup looking for funding, a salaried individual seeking a personal loan, or a business looking for working capital – there is a finance firm in Mumbai ready to help you. In this blog, we will explore what finance companies do, why Mumbai is the perfect breeding ground for every type of finance company, and do some introductions to some of the best finance companies in the city. If you are a person looking to learn about the finance ecosystem or looking for a reliable partnership to help support your financial journey, then this is the place for you.
What Are Finance Companies?
Finance firms are financial service providers (NBFCs) that offer both consumers and businesses a range of financial services. Unlike traditional banks, finance companies do not accept deposits from the public but provide a variety of services, including loans (personal, business, home, vehicle), investments, leasing, wealth management, credit cards, and insurance.
Finance companies fill the financial gap for neglected sectors of banking. They provide risk assessment, measure creditworthiness, and create financial requirements for individuals and businesses. Finance companies in Mumbai are represented in every form, size, and public and private. Everything from established giants to hyper-financed fintech startups that use data, AI, and machine learning to develop financial offerings.
Why Mumbai Is A Hub For Finance Companies?
1. Economic Capital of India: Mumbai is at the heart of financial services, hosting the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange, and the Securities and Exchange Board of India.
2. Business Ecosystem: Mumbai houses India’s largest enterprises, its unicorn startups, its banks, and its international financial institutions, creating an ecosystem that propels financial services.
3. Workforce: Mumbai is home to the best talent in finance, accounting, risk management, analytics, and banking, and institutions such as the Indian Institute of Banking & Finance and NMIMS continue to generate qualified talent.
4. Infrastructure: In Mumbai, you have access to world-class infrastructure for your financial services, from sophisticated workspaces in Bandra-Kurla Complex or tech parks in Powai.
5. Investor Friendly: Government policy, wealthy affluent population, and digital penetration present viable market conditions for traditional and digital finance players in Mumbai.
Top 10 Finance Companies In Mumbai
1. Bajaj Finance Ltd.
Bajaj Finance Ltd., one of the biggest non-banking financial company (NBFCs) in the nation, is a division of Bajaj Finserv. Bajaj Finance’s headquarters are located in Mumbai, and its presence is broad and unmistakable in Mumbai and the rest of India.
Bajaj Finance has created significant financial services and solutions with a persistent consumer focus because to its clear vision. With mass customers and recognition in the financial space, Bajaj Finance is a strong competitor.
Key Services:
- Consumer durable loans and personal loans
- Business and commercial loans
- Fixed deposits and wealth management services
Company Details:
Industries Served: Retail, SMEs, Manufacturing, Healthcare, Education
Address in Mumbai: Bajaj Finance Branch, Goregaon East, Mumbai
Website: https://www.bajajgroup.company/core-companies/bajaj-finance-limited/
Rating: 3.7/5 (Based on 200+ reviews on AmbitionBox)
2. Tata Capital
Tata Capital, an arm of the well-known Tata Group, is established as one of the best financial companies in Mumbai and the top 10 financial services companies offering a variety of financial services to both customers and businesses.
Tata Capital established services in Mumbai, offering services from personal loans to home loans, wealth management, investment advisory, and many more! Tata Capital presents a vision and portrays transparency and integrity, and customer experience satisfaction, which has appeared as a trusted name in the financial and banking space.
Key Services:
- Personal, home, and business loans
- Wealth management and investment services
- Insurance and advisory services
Company Details:
Industries Served: Retail, Real Estate, Infrastructure, SMEs
Address in Mumbai: Lower Parel, Mumbai’s Peninsula Business Park, next to Ganpatrao Kadam Marg
Website: www.tatacapital.com
Rating: 4.0/5 (Based on customer testimonials)
3. HDFC Ltd.
HDFC Ltd is one of India’s top housing finance companies in Mumbai, providing complete home loan solutions. HDFC Ltd, headquartered in Mumbai, has been the cornerstone of home ownership for millions. HDFC Ltd offers products associated with home loans, loans against property, plot loans, all serving its customers at extremely competitive interest rates and repayment terms.
Key Services:
- Home loans and loans against property
- Plot loans and home improvement loans
- Loan refinancing and balance transfer
Company Details:
Industries Served: Real Estate, Construction, Individual Home Buyers
Address in Mumbai: Shop No 4/35, Ground Floor, Sagar Palaz Mall, Andheri Kurla Road, Sakinaka, Mumbai – 400072
Website: www.hdfc.com
Rating: 4.2/5 (Based on customer reviews)
4. Edelweiss Financial Services
Edelweiss Financial Services, incorporated in Mumbai, is a diversified financial services firm. It provides a range of financial services – credit, investment and advisory, to its clients, including individuals and institutions. The company has developed a reputation for its strong research credentials and client-oriented services.
Key Services:
- Investment banking and advisory
- Asset management and wealth advisory
- Retail and corporate credit solutions
Company Details:
Industries Served: Retail, Institutional Investors, Corporates
Address in Mumbai: Edelweiss House, Off C.S.T. Road, Kalina, Mumbai – 400098
Website: www.edelweissfin.com
Rating: 3.4/5 (Based on customer reviews)
5. L&T Finance
L&T Finance is a large Non Banking Financial Company (NBFC), which is part of the Larsen & Toubro Group. The Company is headquartered in Mumbai, and offers a comprehensive range of financial products and services across the segments of rural finance, housing finance and infrastructure finance. Most prominent about L&T Finance is its consistent and robust risk management practices and focus on the customer.
Key Services:
- Rural and microfinance solutions
- Housing finance and real estate funding
- Infrastructure and project finance
Company Details:
Industries Served: Agriculture, Real Estate, Infrastructure, SMEs
Address in Mumbai: L&T House, N.M. Marg, Ballard Estate, Mumbai – 400001
Website: www.ltfs.com
Rating: 3.3/5 (Based on 400+ reviews on AmbitionBox)
Suggested Read: IT Companies in Mumbai
6. Mahindra Finance
Mahindra Finance, a subsidiary of the Mahindra Group, is one of the largest NBFCs that primarily focuses on rural and semi-urban India. It has corporate headquarters in Mumbai and offers vehicle finance, SME finance, and insurance products. It has been able to bank on the concept of providing financial inclusion, by providing financial services to the previously unserved communities (under to underserved).
Key Services:
- Vehicle and tractor financing
- SME and personal loans
- Insurance and mutual fund distribution
Company Details:
Industries Served: Agriculture, Rural Enterprises, SMEs
Address in Mumbai: Mahindra Towers, Dr. G.M. Bhosale Marg, P.K. Kurne Chowk, Worli, Mumbai – 400018
Website: www.mahindrafinance.com
Rating: 3.7/5 (Based on 200+ reviews on AmbitionBox)
7. Motilal Oswal Financial Services
Motilal Oswal Financial Services is a diversified financial services company founded in 1987 and headquartered in Mumbai. The Company provides several financial services, including wealth management, retail broking, institutional broking, and asset management.
Motilal Oswal is well-known for its capability and approach to research, in addition to its focus on serving its clients. Its research desk has won many industry awards over the years and is a significant differentiator in the Indian financial services space.
Key Services:
- Equity and commodity broking
- Portfolio management services
- Mutual funds and investment advisory services
Company Details:
Industries Served: Retail Investors, HNIs, Institutional Clients
Address in Mumbai: Motilal Oswal Tower, Prabhadevi, Mumbai, 400025, intersection of Gokhale and Sayani Road
Website: www.motilaloswal.com
Rating: 3.7/5 (Based on 1200+ reviews on AmbitionBox)
8. Aditya Birla Capital
The Aditya Birla Group, one of the most varied and leading providers of financial solutions in Mumbai, is home to Aditya Birla Capital Limited (ABCL), its financial services division. Founded in Mumbai, ABCL serves more than 35 million customers across India.
With a strong brand and a reputation for ethical practices, Aditya Birla Capital has carved a place for itself as an institutional provider of customized financial support and a full range of financial products providing protection, investment, and financing solutions under one roof.
Key Services:
- Personal, home, and business loans
- Life, health, and motor insurance
- Mutual funds and wealth management
Company Details:
Industries Served: Retail, SMEs, Corporates, Insurance, Healthcare
Address in Mumbai: One Indiabulls Centre, Tower 1, 17th Floor, Jupiter Mills Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013
Website: www.adityabirlacapital.com
Rating: 4.0/5 (Based on customer reviews and market reputation)
9. InCred Financial Services
InCred Financial Services is a Mumbai-based financial services next-generation firm that leverages technology with traditional lending to create an enhanced customer experience. InCred originated with the vision of creating credit access and distills it down to their simple name, InCred, for credible lending solutions to individuals, salaried customers, self-employed persons, and small businesses. InCred’s lines of business included personal finance loans and products, SME loans, education loans, and healthcare finance.
Key Services:
- Personal loans, education loans, and SME loans
- Healthcare and medical financing
- Structured finance solutions
Company Details:
Industries Served: Education, Healthcare, Retail, Startups, SMEs
Address in Mumbai: Unit No. 1203, B Wing, The Capital, G Block, Bandra-Kurla Complex, Bandra East, Mumbai – 400051
Website: www.incred.com
Rating: 4.1/5
10. Indiabulls Housing Finance
Indiabulls Housing Finance Limited (IBHFL) is one of India’s largest private sector housing finance companies, headquartered in Mumbai. Established in 2005, the company focuses on offering affordable housing and mortgage products to customers across a variety of income levels. IBHFL provides a wide range of loan products, including home loans, loans against property, and lease rental discounting.
With operational excellence and efficiency, online digital onboarding, and competitive interest rates, IBHFL offers both salaried and non-salaried customers a product. IBHFL has established a strong track record in housing finance, across the length and breadth of India, through our branches and digital channels.
Key Services:
- Home loans and loans against property
- Lease rental discounting
- Affordable housing finance
Company Details:
Industries Served: Real Estate, Housing, Construction, Individual Homebuyers
Address in Mumbai: One Indiabulls Centre, Tower 1, 11th Floor, Jupiter Mills Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013
Website: www.indiabullshomeloans.com
Rating: 3.8/5 (Based on customer and industry reviews)
Comparison Table of the Top 10 Finance Companies in Mumbai
| Finance Company | Digital Infrastructure Strength | Loan Disbursement Speed | Customer Support Channels | Notable Strategic Partnerships | Unique Value Proposition |
| Bajaj Finserv | Robust app and web portal; AI-driven loan processing | Within 24–48 hours | Chatbot, email, call center, app | Axis Bank, Finserv Markets | End-to-end consumer finance with embedded financing models |
| Tata Capital | Omni-channel digital lending with personalized dashboards | 2–3 working days | Dedicated helpline, chatbot, mobile app | Flipkart, BigBasket, Paytm | Customized financial products for retail and SMEs |
| HDFC Ltd | Seamless mobile banking with strong CRM integration | 3–5 working days | In-branch, phone, online support | HDFC Bank, Tata AIG | Industry-leading home loan processing systems |
| Kotak Mahindra Finance | Kotak 811 for digital onboarding; cloud-based analytics | Within 48 hours | App, social media, helpline | Amazon Pay, PhonePe | Personalized credit solutions for millennials |
| Mahindra Finance | Rural digital access kiosks & mobile-enabled field agents | 3–7 working days | Rural branches, WhatsApp, call support | Uber, PayTM Postpaid | Financial inclusion for semi-urban and rural India |
| L&T Finance Holdings | Real-time credit scoring via APIs and data analytics | 1–3 working days | App-based chatbot, email, helpline | UPI integrations, NBFC ecosystem | Strong focus on project and infrastructure finance |
| Piramal Capital & Housing | App-based onboarding, video KYC-enabled | 2–4 working days | Call center, app, WhatsApp | API integrations with property portals | Affordable housing loans with flexible terms |
| Aditya Birla Capital | AI and ML-driven financial planning tools | 1–2 working days | MyUniverse app, customer care, and branches | Vodafone Idea, ICICI Lombard | All-in-one platform for insurance, investments, and loans |
| InCred Financial Services | Digital-first approach with alternative credit scoring | 24–72 hours | Website chatbot, helpline, mobile app | MSME networks, educational platforms | Lending for underserved and thin-file customers |
| Indiabulls Housing Finance | Fully digital application & loan tracking systems | 3–5 working days | Online portal, mobile app, customer care | Dhani App ecosystem | Fast disbursement and paperless processing for home loans |
Services Offered by Finance Companies in Mumbai
1. Personal Loans: With quick approvals, flexible EMIs, and less required documentation, personal loans are suitable for emergencies and large purchases.
2. Business Loan: Business Loans can be in the form of working capital loans, machinery loans, and loans for SMEs or startups.
3. Housing Finance: Many financial companies also facilitate loans for housing. Home loans, housing finance, balance transfers, and loans against property.
4. Wealth management: Special services for high-net-worth individuals (HNIs) to access investment planning services, tax planning strategies, and portfolio management strategies.
5. Insurance: Some financial companies bundle life, health, or asset insurance into the portfolio.
6. Vehicle Loans: All kinds of vehicles can receive financing. Cars and commercial vehicles as well as tractors and similar equipment for farming.
7. Mutual Funds and Investments: Investors can invest in the market via SIPs and beyond with expert advice managing the process.
How to Choose the Right Finance Company in Mumbai
With so many choices, how do you choose a financing partner? Here are a few pointers:
- Know what you want: Are you looking for a quick and easy personal loan or a long-term investment plan? You need to clarify your intention.
- Investigate Company reputation: Read reviews, testimonials, and customer experiences. A company of repute will have clean hands.
- Compare rates: Do not ignore minor differences in rate of interest, as it can affect your EMI or ROI a lot!
- Check service delivery: Do they respond quickly? Do they have a digital offering, such as a mobile app or online dashboard?
- Flexibility: Some companies offer early repayment options, payment holidays, or you can customize payments.
- Check compliance: The company should be registered with the RBI or any other financial institution in question.
- Digitalisation: In a city like Mumbai, digital convenience can go a long way. Look for companies that offer facilities like mobile apps, instant approval, or digital KYC.
Conclusion
Finance companies in Mumbai are more than just loan providers — they are financial enablers. They cater to diverse customer needs, from individuals seeking credit to businesses looking for funding or expansion. Their role in fueling Mumbai’s economy is undeniable .As we move into a digitally driven financial era in 2025 and beyond, these companies are constantly evolving. They’re blending technology with finance, offering personalized services, and driving financial inclusion at every level.
If you’re in Mumbai or planning to engage with the city’s financial services, you have a wealth of options. Just make sure to assess your needs, do thorough research, and pick a finance company that aligns with your goals. Whether it’s your first loan or your tenth investment, let Mumbai’s financial ecosystem guide you toward financial success.
FAQs
1. What do finance companies in Mumbai offer?
Finance companies in Mumbai offer almost all of the same options you would find in a typical financial institution. Typically, finance companies offer personal loans, business loans, home loans, wealth management, investment advisory, insurance solutions, mutual funds, and corporate financing.
2. How to choose the best finance company in Mumbai that suits my needs?
When choosing a finance company, consider your financial circumstances (home loan, business loan, etc.), the reputation of the finance company, the interest rates charged, quality of customer service, speed of loan approvals, and flexibility of repayment options – and most importantly look at the customer reviews.
3. Are finance companies in Mumbai regulated by any authority?
Yes, finance companies in Mumbai are regulated by the Reserve Bank of India (RBI) as an NBFC would be subject to the RBI’s regulations. Some Finance companies may also be regulated by SEBI (if doing investment services) and/or IRDAI (if doing insurance-related services).
4. Is it possible to apply for a loan despite having a low credit score with a financing company in Mumbai?
Some finance companies, especially FinTech firms, look at alternative credit assessment models and may offer loans to individuals that have low or no credit scores. These loans usually have higher interest rates or more aggressive repayment conditions which should be understood upfront prior to borrowing.
5. Are finance companies in Mumbai serving local clientele or providing national-level services?
While developing services from Mumbai, most top finance companies are serving clients all over India via a combination of branch office presence and digital service delivery capabilities. Companies such as Bajaj Finserv, Aditya Birla Capital, and Tata Capital in India are all service providers at a national level with the capability to serve customers.
