Top Microfinance Companies in India 2014 – 2015 List

top mfi in india 2014

After a gap of more than five years, CRISIL – India’s leading agency for microfinance ratings has released it’s updated list of the top microfinance companies in India titled “India’s 25 Leading MFI’s for the years 2014 – 2015.

The previous ranking of Microfinance Institutions was released in 2009 and was titled India’s Top 50 Microfinance Institutions.

CRISIL has been associated with the Indian Microfinance Sector for more than a decade and it’s ratings and reports about MFI’s and the sector are highly valued by microfinance practitioners, analysts and the general public. As of June 2014, CRISIL has ratings or gradings outstanding on more than 60 Indian MFI’s which account for more than 70% of the loans outstanding in the Indian Microfinance Sector.

Since the last report was released, the microfinance sector in India has been turned upside down with many of the top MFI’s from the 2009 list missing from the 2014 list, these are mainly MFI’s based in the state of Andhra Pradesh who bore the brunt of the Indian Microfinance Crisis and no longer figure in the top 25.

The publication also carries an opinion piece by CRISIL on the near to medium term outlook for the microfinance sector in India. The report also includes an overview of the top 25 companies in Indian MFI space along with CRISIL’s analysis of the key strengths and challenges faced by the different microfinance institutions in India.

The report ends with a list of top 25 emerging microfinance companies in India who still have a small asset base and portfolio compared to the top 25 but could scale up in the long run to join the league of big MFI’s.

top microfinance companies in India 2014

Top 25 Microfinance Institutions in India 2014

Download the full report “India’s 25 leading MFI’s” at the link below :

Top-microfinance-companies-india-2015.pdf

As per the report the top 25 Microfinance Companies in India are as follows.

(Alphabetical Order)

  1. Annapurna Microfinance Pvt Ltd
  2. Arohan Financial Services Pvt Ltd
  3. Asirvad Microfinance Pvt Ltd
  4. Bandhan Financial Services Pvt Ltd
  5. BSS Microfinance Pvt Ltd
  6. Cashpor Micro Credit
  7. Disha Microfin Pvt Ltd
  8. Equitas Microfinance Pvt Ltd
  9. ESAF Microfinance and Investments Pvt Ltd
  10. Fusion Microfinance Pvt Ltd
  11. Grama Vidiyal Micro Finance Ltd
  12. Grameen Financial Services Pvt Ltd
  13. Janalakshmi Financial Services Pvt Ltd
  14. Madura Micro Finance Ltd
  15. RGVN (North East) Microfinance Limited
  16. Satin Creditcare Network Ltd
  17. Shree Kshetra Dharmasthala Rural Development Project
  18. SKS Microfinance Ltd
  19. S.M.I.L.E Microfinance Ltd
  20. Sonata Finance Pvt Ltd
  21. Suryoday Micro Finance Pvt Ltd
  22. SV Creditline Pvt Ltd
  23. Swadhaar FinServe Pvt Ltd
  24. Ujjivan Financial Services Pvt Ltd
  25. Utkarsh Micro Finance Pvt Ltd

Other Emerging New MFI’s in India

Watch out for these MFI’s in the coming days as they go head on with the big boys of India’s Microfinance Sector.

      1. Adhikar Microfinance Pvt Ltd
      2. ASA International India Pvt Ltd
      3. Belstar Investment & Finance Pvt Ltd
      4. Chaitanya India Fin Credit Pvt Ltd
      5. Future Financial Services Ltd
      6. Growing Opportunity Finance (India) Pvt Ltd
      7. Humana People to People India
      8. IDF Financial Services Pvt Ltd
      9. Indian Cooperative Network for Women Ltd
      10. M Power Micro Finance Pvt Ltd
      11. Mahasemam Trust
      12. Margdarshak Financial Services Ltd
      13. Pahal Financial Services Pvt Ltd
      14. Rashtriya Seva Samithi
      15. Sahara Utsarga Welfare Society
      16. Sahayog Microfinance Ltd
      17. Saija Finance Pvt Ltd
      18. Samhita Community Development Services
      19. Sanghamitra Rural Financial Services
      20. Sarala Women Welfare Society
      21. Shikhar Microfinance Pvt Ltd
      22. Uttrayan Financial Services Pvt Ltd
      23. Vedika Credit Capital Ltd
      24. Village Financial Services Pvt Ltd
      25. YVU Financial Services Pvt Ltd

Author: Abhay N

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

67 thoughts on “Top Microfinance Companies in India 2014 – 2015 List”

  1. Ngos namely1) weeds-( 175 shgs)-krishnagiri2).pvds(-54 shgs)-krishnagiri.3)ppwds-(56 shgs)-Krishnagiri,4)jeevantrust (375 shg) vellore,5)annai velankanni trust-sirkali-(240 shgs) and 6)sofa-(175 shgs) krishnagiri.All are women headed ngos(Tamilnadu) need Micro finance for their shg members.Since we are providing network services please contact us

  2. Dear Sir,
    I, Avinash Kumar, am presently working in Asmitha Microfin Limited for last six years. Presently I am being posted at lakhisarai at the cadre of Branch manager. Please find attached herewith my mobile no for any suitable position that may come in your organization.

    Thanks and best regards

  3. Dear Sir my self Bidit Kanti Purkayastha I just want to know is there any monthly scheme for NE in BSS Financial Services

  4. dear sir am hajimalang mulla i working for women ..social work…i want some women groop loan..please help me call me 9762216221

  5. Sir I am intetesyed to open the branch of any MF unit at Doghara,Righa,Sitamarhi,Bihar near Nepal boarder…it is seriously required here…how it is possible.
    .pls help so that the real purpose cn be achieved…m

  6. Dear Sir,
    I, Avinash Kumar, am presently working in Share Microfin Limited for last 7 years. Presently I am being posted at lakhisarai at the cadre of A B M Please find attached herewith my mobile no for any suitable position that may come in your organization.

    Thanks and best regards

  7. dear sir am Bhavesh panchal i working for women ..social work…i want some women groop job.plz call me

  8. Respected Sir,

    This is Rajendra Kumar Srivastava is working in M/s Shriram Equipment Finance Company Limited, since 1st March, 2012 , from eighteen months, company has shifted me to Collection Department to handle and look NPA (180+) and PNPA cases of Stress Portfolio vertical as a Branch Recovery Manager at Sonebhadra,Varanasi, Azamgarh & Gazipur location. Earlier this I was in Sales profile in for Construction Equipment Finance and now I want to join again Sales Department / Sales profile either in Commercial vehicle .

    Sir,I have come to know from reliable sources that you have some vacant post. If you have any opportunity for me in your esteemed organization.

    Total Experience : 9+ years in Sales

  9. Dear Sir,
    I am Praful Gawai working of Annapurna microfinance pvt Ltd as a Assistant Branch Manager I Want Change My job So Please Call Me

  10. Dear
    Sir i am devendra thakur i am work in mfi company in svcl so i want chamge the company cont. 9617307056

  11. Dear Sir,
    I, Sanjay Kumar, am presently working in Spandana sphoorty Microfin Limited for last six years. Presently I am being posted at Jabalpur at the cadre of Cluster manager. Please find attached herewith my mobile no for any suitable position that may come in your organization.

    Thanks and best regards
    Sanjay

  12. Any body want to carry on the business of out sourcing microfinance loan can contact.(we are ceating net work of free lance financial consultant all over India

  13. Respected sir I am Dharmendra barsaiya bsfl mai 2 year se work kar raha hu sir plz mujhe job chahiye plz sir

  14. Sir i am finish MBA in Finance specialization i ab more interest in MFI sectors if any vacancy please call.

  15. If you want a job in microfinance company, visit the local branch office and find out if they are recruiting. Most microfinance companies are converting into banks and will require new staff. You can go through the list of microfinance companies that are converting into a bank

  16. we have more then 1000 womens(self help groups) under control of athma social welfare trust. tirupur. we need financial help for that womens business development. so kindly guide me the right choice of microfinance comany to do help for that womens. social workers and welwisher contact our

  17. dear sir i want any micro finanace company job .i have education BCA,MCA,pursing MBA.my 6 month moble company rudrapur &1year experiace hdfc bank in rudrapur

  18. dear sir i want any micro finanace company job have education BCA,,pursing ,my experiace 2 year humana people to people india ,and new micro finanace job. plz cont.

  19. Dear sir, I am Partha Ghosh, A senior software developer (Freelance), i have developed a software for MFI, this software is successfully running at various MFI/NGO, need some more mfi, can you tell me that how can i get few more?

  20. Respected sir/mam
    I m working in saraswati Tata motors at this time to the post of district sales manager. I am MBA graduate. Sir/mam I want to do the job in microfinance sector.

  21. Hi , sir I am Amit k. Raut. I am intrested to microfinance work but not work experience to suggest me best company work. Thanks you Sir..🏦🏦🏦🏦

  22. Hi

    I am Vikram Choudhary from Haryana. I am working in Ujjivan Financial Services Ltd since 16 months. I want to change my job.
    If there is any requirement in Haryana, please contact me.

  23. hi
    sir, i am ajay kumar from lalganj mirzapur up. i am working in united life nidhi mutual benefits india limited as a financial work 23 month.
    i want to change my job.
    if there is any requirement in mirzapur plz contact me.
    mo. nu. 8400134394

  24. Hi
    I Am working in mahindra finance as a field assistant manager based on my MBA. I joined here through campus selection. If u have any vacancy in the states of Uttar Pradesh, Madhya Pradesh and Delhi, please inform me.

  25. Respected sir
    I am Rishikesh kumar present working in saija finance put Ltd as a branch manager in 7 year so please call me

  26. Dear all
    I am working in Kotak mahindra bank. Ltd as a marketing sales Coordinator
    Last 1 year
    I want to join micro fin company in operations department please call me.
    8854990982

  27. Dear sir
    My name is prasanna and I am working in icici bank as RHS present i am searching job in mfis and I had an 12 years exp a in sales in rural and corporate please suggest me what I have to do now

  28. Dear sir
    My name is prasanna and I am working in icici banik as RHS present i am searching job in mfis and I had an 12 years exp a in sales in rural and corporate please suggest me what I have to do now

  29. hello everyone, i would like to ask for any who may assist in the following:
    am looking for potential investors in the MFI industry in Zimbabwe, anyone who can link me i would greatly appreciate. am contactable on +263775889751

  30. During working in share microfinance ltd in 06 years so I change in Mfin please give me advice.

  31. में किसी भी माइक्रो फाइनेंस कंपनी में काम करना चाहता हु
    ये मेरी हार्दिक इच्छा हे क्योकि मुझे लगता हे की में इस फील्ड में बहुत ही अच्छा काम कर सकता हु
    प्लीज मुझे एक मोका दीजिये
    में कुछ करके दिखाना चाहता हु अपनी लाइफ में
    मुझसे संपर्क करे 9473217246 पर
    या मेल करे या वाट्सअप करे
    प्लीज अगर कोई मेरु हेल्प कर सकता हे तो प्लीज मुझे एक मोका दे।।

  32. I Am Chairman Of Rural People development Trust Utankari ( Krishnakgiri Dt) Having 250 S H G s I Need Micro Finance Please Arrange

  33. Dear sir
    My name is Shivanand and I am working in Asmitha microfine ltd & currant Working Shriram City Union Finance Ltd i am searching job in mfis and I had an 05 years exp a in sales in rural and corporate please suggest me what I have to do now loctation auranhabad ( Maharashtra )

  34. sir please g job my name is anil kumar gahlot i am working the united multistate credit co-operative society ltd & saarthi credit co-operative socitive ltd 5years 6month exp microfinance as a prajent time branch manager

  35. Sir l m working in SV Credit line pvt.ltd. Shahpura branch Raj.
    I want other Mfi company. So plz call me.
    I have 1 years exp in field operation.

  36. में किसी भी माइक्रो फाइनेंस कंपनी में काम करना चाहता हु
    ये मेरी हार्दिक इच्छा हे क्योकि मुझे लगता हे की में इस फील्ड में बहुत ही अच्छा काम कर सकता हु
    प्लीज मुझे एक मोका दीजिये
    में कुछ करके दिखाना चाहता हु अपनी लाइफ में
    मुझसे संपर्क करे 9428037751
    A.B.M + BM
    Expirience microfinance 2 years field officer
    Running micro finance

  37. I am presently working In Muthoot Microfin ltd as a Branch Relationship manager (exp: 3.5 years ).

  38. Sir, i want to work sks microfinance company.
    I have five year experience of data entry operator in post office.

  39. sir I am Sanjit Kumar I am MBA graduate I have experience of 1 year in retail and curently working with Annapurna mfi as development officer and I am looking for BM profile in mfi sector so please assist

  40. I am working in ujjivan financial services ltd for the last 1 year as loan officer n wants to change my job to a suitable ane…call me

  41. में किसी भी माइक्रो फाइनेंस कंपनी में काम करना चाहता हु
    ये मेरी हार्दिक इच्छा हे क्योकि मुझे लगता हे की में इस फील्ड में बहुत ही अच्छा काम कर सकता हु
    प्लीज मुझे एक मोका दीजिये
    में कुछ करके दिखाना चाहता हु अपनी लाइफ में
    मुझसे संपर्क करे पर
    या मेल करे या वाट्सअप करे
    प्लीज अगर कोई मेरा हेल्प कर सकता हे तो प्लीज मुझे एक मोका दे।।

  42. Dear Sir,
    I am Sabar singh lodhi, I am presently working in L&T Microfinance Limited for last 2 years. Presently I am being posted as field officer& collection recovery agent. Please find attached herewith my mobile for any suitable position that may come in your organization.

    Thanks and best regards

  43. we had started an NGO in 2008 in Assam and small or microfinances after that we registrar it as a company in, plz let me know the procedure of geting investment or bank loan so that we can develop or grow our small microfinance to a big one.

  44. Helo my self dr.sweta yadav….im graduate in B.A.M.S….nd i have 2 yr experience in hospital work….and another health programe …nd presting im doing m.s. in obs nd gyane….so i have join any ngo nd microfince company….so plz contact

  45. Respected sir, muze micro finance me kam karne icha hai, Yavtmal,Amravati,Nagpur. Nanded(mahsrashtra) yhaper job ka location chahiye. mera graduate Tally, dtp hua hai. to please contract me

  46. I am working in Esaf small finance bank in last 1 year 6 months as A.C.O want to change my job to a suitable any call me

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