When it comes to the economy of the nation, financial companies like banks play an important role. The mode of functioning is almost same for all the financial companies but the quality of the work they do and the benefits that they provide to the customers varies from bank to bank. The financial companies of the country play a very important role in the growth of the economy and also in the people’s financial lives.
There are numerous financial services offered by such companies like mutual fund, loans, investments, portfolio management, account creation, stocks, real estate and many more. It is important to have clear knowledge about all these institutions and this article will help you in doing so.
HDFC leads the list of the financial companies which are the best in providing the housing finance. It is one of the top private sector financial companies in the country. India bulls Housing Private Limited is also one of the finance company whose headquarters is in Delhi. The financial company was founded in 2005 and it provides financial services in UK, UAE, etc. In 2015, it was given the title for the most affordable housing finance company.
Punjab National Bank
PNB Housing Finance Limited provides home loan life insurance plan and is in alliance with TATA AIG. It was established in the year 1988 but the financial organization was set up in the year 2009. The headquarters of this financial institution is located in New Delhi.
ICICI Group is the most trustworthy financial organization in the country. They provide various financial solutions like online trading, insurance, bank mobile and many more. This company is also engaged in private equity and security. The headquarter of ICICI group is located in Mumbai and it was established in the year 1954.
Bajaj Capital Limited
Bajaj Capital Limited is one of the leading financial organizations in India. They focus on the investments and provide amazing financial solutions to the clients. It was established in the year 1965 and its headquarters is in New Delhi. They provide financial services to NRIs, investors, corporate houses and many more.
Mahindra & Mahindra Finance Limited
Mahindra &Mahindra Finance Limited was founded in 1991. They focus more on financial services for the rural and semi urban areas where people require some amount of money for living their life. They provide loans, loan against property, construction and renovation loans and many other types of loans.
Larsen & Turbo Finance Limited
L&T Finance Limited is the subsidiary of L&T Co. which was set up in 1994. There are several branch offices which are located in pan India. This financial institution offers us with various financial services and their products include home loans, commercial loans, personal loans, corporate loans and many more.
In India, banking is one of the most developing sectors and all the banks are registered and governed by Reserve Bank of India. Taking care of personal finances have been made easier with the help of these financial institutions.