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Top 100 financial services firms in Maharashtra

Tamtam tracks 472 financial services firms headquartered in Maharashtra. This list ranks the 100 largest by number of employees on LinkedIn, led by Mahindra Group, HDFC Bank and ICICI Bank. Their median headcount is 8,209. Half of them were founded in 2000 or later. The most common headquarters are Mumbai (89), Pune (6) and Navi Mumbai (2).

馃嚠馃嚦 Maharashtra100 companiesUpdated Oct 24, 2026
#CompanyIndustryHeadquarters EmployeesFounded
1
Mahindra Groupmahindra.com

Leading multinational federation with businesses in farm equipment, vehicles, IT, finance, renewable energy, agriculture, logistics, hospitality, and real estate.

Executive Offices 馃嚠馃嚦 Mumbai 237,131 1945
2
HDFC Bankbank.in

Provides comprehensive financial products and services, including loans, payments, wealth management, and housing finance to individuals and businesses across India.

Banking 馃嚠馃嚦 Mumbai 213,593 1994
3
ICICI Bankbank.in

Provides diverse banking products and services to individuals, SMEs, and corporates through branches, ATMs, mobile, internet, and phone channels.

Banking 馃嚠馃嚦 Mumbai 181,145 n/a
4
Larsen & Toubrolarsentoubro.com

Multinational company specializing in engineering, procurement, construction projects, hi-tech manufacturing, and sustainability-focused services across over 50 countries worldwide.

Executive Offices 馃嚠馃嚦 Mumbai 142,350 n/a
5
State Bank of Indiabank.in

Leading public sector bank with extensive branch network, offering specialized financial services to corporates, SMEs, NRIs, and retail customers.

Banking 馃嚠馃嚦 Mumbai 122,721 n/a
6
Axis Bankbank.in

Leading private sector bank offering financial services to corporate, retail, MSME, and agriculture segments through extensive branch network and digital platforms.

Banking 馃嚠馃嚦 Mumbai 99,395 1994
7
Kotak Mahindra Bankkotak.com

Leading financial conglomerate offering banking, stock broking, mutual funds, insurance, and investment services across India and globally.

Banking 馃嚠馃嚦 Mumbai 86,827 1985
8
Aditya Birla Groupadityabirla.com

An innovative global conglomerate offering a wide range of products and services, focused on responsible business practices and stakeholder value creation

Executive Offices 馃嚠馃嚦 Mumbai 82,509 n/a
9
Life Insurance Corporation of Indialicindia.in

Provides diverse life insurance products including health, pension, ULIPs, group schemes, and micro insurance with extensive agent network.

Insurance 馃嚠馃嚦 Mumbai 73,235 n/a
10
Bajaj Finservbajajfinserv.in

A leading financial company in India offering a diverse range of products and services in lending, insurance, and wealth advisory since 2007

Financial Services 馃嚠馃嚦 Pune 71,778 2007
11
HDB Financial Services Ltd.hdbfs.com

Provides diverse financial lending products like personal, business, and vehicle loans, alongside BPO services such as collection call centers and back-office operations for individuals and businesses.

Financial Services 馃嚠馃嚦 Mumbai 60,142 2007
12
IndusInd Bankindusind.bank.in

Provides consumer and corporate banking services with extensive branch network, advanced technology, and presence in major stock and commodity exchanges.

Banking 馃嚠馃嚦 Mumbai (Maharashtra) 53,614 1994
13
IDFC FIRST Bankbank.in

A leading private sector bank in India, offering a wide range of financial products and services to customers nationwide

Banking 馃嚠馃嚦 Mumbai 52,470 2015
14
HDFC Lifehdfclife.com

Offers individual and group life insurance solutions, including protection, pension, savings, investment, and health plans, customizable with optional riders for diverse customer needs.

Insurance 馃嚠馃嚦 Mumbai 50,795 n/a
15
YES BANKbank.in

Leading private sector bank offering retail, MSME, and corporate banking services with focus on innovation, security, and sustainability.

Banking 馃嚠馃嚦 Mumbai 40,085 2004
16
Bank of Barodabank.in

A top Public Sector Bank with a global presence, offering a wide range of financial products and services to customers worldwide since 1908

Banking 馃嚠馃嚦 Mumbai 36,046 n/a
17
Shriram Finance Limitedshriramfinance.in

Leading financier for pre-owned and new commercial vehicles, tractors, and construction equipment through a vast branch network and specialized field force.

Financial Services 馃嚠馃嚦 Bandra (East) 35,430 1979
18
Aditya Birla Capitaladityabirlacapital.com

Financial services company based in Mumbai, India, focused on providing equal employment opportunities and promoting diversity, equity, and inclusion in recruitment practices

Financial Services 馃嚠馃嚦 Mumbai 32,092 n/a
19
ICICI Prudential Life Insurance Company Limitediciciprulife.com

Leading private life insurance provider offering term, wealth, child education, and retirement plans to secure families and financial futures.

Insurance 馃嚠馃嚦 Mumbai 31,578 2000
20
Tata Capitaltatacapital.com

Offers diverse financial services including commercial, infrastructure, cleantech finance, wealth management, consumer loans, and Tata Cards distribution across India.

Financial Services 馃嚠馃嚦 Mumbai 25,046 2007
21
SBI Life Insurance Co. Ltd.sbilife.co.in

Leading Indian life insurance company offering a wide range of products, dedicated to providing exceptional customer service, enhancing digital experiences, and giving back to society

Insurance 馃嚠馃嚦 Mumbai 24,611 2001
22
Bajaj Lifebajajlifeinsurance.com

Joint venture providing innovative life insurance plans, investment approaches, and diabetic term plans through digital platforms, extensive branch networks, and strategic banking partnerships.

Insurance 馃嚠馃嚦 Pune 22,669 2001
23
Godrej Industries Groupgodrejindustries.com

Established in 1897 in India, this trusted brand operates in consumer goods, real estate, appliances, agri, and other businesses both domestically and internationally

Holding Companies 馃嚠馃嚦 Mumbai 22,524 1897
24
Union Bank of Indiabank.in

Provides comprehensive financial services through a domestic and international network including deposits, advances, and digital banking for retail, MSME, and commercial sectors.

Banking 馃嚠馃嚦 Mumbai 21,188 1911
25
Tata AIA Life Insurancetataaia.com

A leading insurer offering a wide range of life insurance plans with a focus on customer satisfaction, innovation, transparency, and excellence

Insurance 馃嚠馃嚦 Mumbai 20,218 n/a
26
L&T Financeltfinance.com

A leading NBFC offering loans for Rural, Housing, Two-Wheeler, Personal, and SME with the backing of Larsen and Toubro Ltd

Financial Services 馃嚠馃嚦 Mumbai 19,340 n/a
27
HDFC Bank Limitedhdfcbank.com

Indian banking and financial services giant headquartered in Mumbai, holding the title of India's largest private sector bank with significant market capitalisation and a large workforce

Banking 馃嚠馃嚦 Mumbai 18,619 n/a
28
Kotak Lifekotaklife.com

The company offers innovative life insurance products to help customers achieve financial independence at every stage of life Contact for policy queries

Insurance 馃嚠馃嚦 Mumbai 18,588 n/a
29
IDBI Bankbank.in

Leading Indian bank providing personal, business, and corporate financial solutions including accounts, loans, credit cards, and accessible digital platforms for diverse customers.

Banking 馃嚠馃嚦 Mumbai 18,406 n/a
30
Bajaj General Insurancebajajgeneralinsurance.com

Leading Indian private general insurer, subsidiary of Bajaj Finserv, providing diverse insurance solutions like motor, health, home, pet, and cyber across India.

Insurance 馃嚠馃嚦 Pune 17,664 n/a
31
Bank of Indiabankofindia.bank.in

Established in 1906, this bank offers a wide range of products and services, with over 5100 branches across India and international operations

Banking 馃嚠馃嚦 Mumbai 17,220 1906
32
Aditya Birla Sun Life Insuranceadityabirlacapital.com

A leading life insurance company in India, offering innovative products and industry benchmarks with strong financial backing and customer protection

Insurance 馃嚠馃嚦 Mumbai 16,607 n/a
33
ICICI Lombardicicilombard.com

Leading private general insurer providing motor, health, and crop policies through digital platforms and traditional branches with extensive claim processing and AI-powered solutions.

Insurance 馃嚠馃嚦 Mumbai 15,889 2001
34
RBL Bankrbl.bank.in

Offering corporate, commercial, retail banking, treasury, and financial market services through extensive branch and ATM network across India.

Banking 馃嚠馃嚦 Mumbai 15,856 1943
35
Motilal Oswal Financial Services Ltdmotilaloswalgroup.com

Offers diversified financial products and services, including wealth management, broking, asset management, and investment banking, supported by extensive research and a large client base.

Financial Services 馃嚠馃嚦 Mumbai 14,908 1987
36
IIFL (India Infoline Group)indiainfoline.com

A leading financial services conglomerate in India, with listed entities offering a wide range of financial products and services globally

Financial Services 馃嚠馃嚦 Mumbai 14,727 1995
37
Piramal Financepiramalfinance.com

Financial services firm providing funding in real estate and non-real estate sectors, including housing finance, construction finance, and fiduciary fund management

Financial Services 馃嚠馃嚦 Mumbai 13,675 n/a
38
Reliance Nippon Life Insuranceindusindnipponlife.com

Leading private sector life insurance company in India offering protection, child education, retirement, savings & investment, and health plans

Insurance 馃嚠馃嚦 Mumbai 13,664 n/a
39
TATA AIG General Insurance Company Limitedtataaig.com

A leading general insurance company offering innovative insurance solutions for individuals and businesses, backed by a joint venture between TATA Group and AIG

Insurance 馃嚠馃嚦 Mumbai 13,630 2000
40
HDFC ERGO General Insurancehdfcergo.com

The company is a leading general insurance provider offering a wide range of insurance products in the retail and corporate sectors with innovative technological solutions for enhanced customer service

Insurance 馃嚠馃嚦 Mumbai 13,251 2002
41
Mahindra Financemahindrafinance.com

A leading non-banking finance entity in India offering vehicle, tractor financing, fixed deposits, SME loans, insurance broking, housing finance, and mutual funds

Financial Services 馃嚠馃嚦 Mumbai 12,157 1991
42
HDFC Limitedhomeloans.hdfc.bank.in

Leading housing finance provider in India, assisting millions to own homes through a strong distribution network and trusted financial services

Financial Services 馃嚠馃嚦 Mumbai 11,864 1977
43
Angel Oneangelone.in

A Fintech company in India providing broking, margin trading, research, depository, and investment services through personalized financial journeys powered by tech and data science

Financial Services 馃嚠馃嚦 Mumbai 11,834 n/a
44
Central Bank of Indiacentralbankofindia.co.in

A pioneer Indian bank offering a wide range of products and services with a large network of branches throughout the country

Banking 馃嚠馃嚦 Mumbai 11,355 1911
45
Indiabulls Groupindiabulls.com

A diversified business group in India with interests in finance, real estate, pharmaceuticals, and LED, focusing on CSR initiatives for inclusive growth

Financial Services 馃嚠馃嚦 Mumbai 10,434 2000
46
DCB Bankdcb.bank.in

Offers retail, SME, corporate, agriculture banking, online remittance, fixed deposits, loans, and digital banking services across India.

Banking 馃嚠馃嚦 Mumbai 10,422 1930
47
Citi Indiaciti.com

Institution offers diverse financial products, services, corporate, commercial banking, brokerage, treasury, trade, securities, fund services, and offshoring for technology, processing, analytics, financial processes.

Financial Services 馃嚠馃嚦 Mumbai 9,469 1902
48
HDFC Sales Private Limitedhdfcsales.com

Subsidiary providing doorstep distribution services for financial management solutions including home loans, life insurance, and general insurance products to prospective group clients.

Financial Services 馃嚠馃嚦 Mumbai 8,589 2004
49
SBI General Insurancesbigeneral.in

A rapidly growing company with 139+ branches in India, serving over 10 crore customers through diverse distribution channels, offering various insurance products for different customer segments

Insurance 馃嚠馃嚦 Mumbai 8,231 2009
50
Shapoorji Pallonji Groupshapoorjipallonji.com

A global organization providing end-to-end solutions in engineering, construction, infrastructure, real estate, water, energy, and financial services with a focus on sustainability and safety

Construction 馃嚠馃嚦 Mumbai 8,209 1865
51
New India Assurancenewindia.co.in

Multinational general insurance company providing insurance services to individuals and businesses worldwide

Insurance 馃嚠馃嚦 Mumbai 8,014 1919
52
Kotak Neokotaksecurities.com

An established equity brokerage in India, offering opportunities in capital markets, smart technology, and insightful research for successful investments

Capital Markets 馃嚠馃嚦 Mumbai 7,959 1994
53
Poonawalla Fincorppoonawallafincorp.com

Providing transparent, quick, and hassle-free loan and insurance solutions with competitive rates and flexible terms across India.

Financial Services 馃嚠馃嚦 Mumbai 7,771 1989
54
Axis Bank Limitedaxis.bank.in

Provides diverse financial services to large corporations, small businesses, and retail clients across India as the nation's third largest private sector bank.

Banking 馃嚠馃嚦 Mumbai 7,588 n/a
55
PNB MetLife India Insurance Co. Ltdbit.ly

A leading life insurance company in India, offering protection and retirement products through strong bank partnerships and a wide distribution reach

Insurance 馃嚠馃嚦 Mumbai 7,529 2001
56
SBI Securitiessbisecurities.in

A trusted brand offering a variety of investment products and services across different asset classes, with a user-friendly trading platform for management

Financial Services 馃嚠馃嚦 Mumbai 7,504 2006
57
Reliance General Insurancereliancegeneral.co.in

A leading private general insurance company in India offering customized insurance products for corporate, SMEs, and individuals with innovative policies and nationwide presence

Insurance 馃嚠馃嚦 Mumbai 7,349 n/a
58
ICICI Securitiesicicidirect.com

A leading digital financial platform in India offering a wide range of products and services, including investments, protection, borrowing, and more

Financial Services 馃嚠馃嚦 Mumbai 7,322 2000
59
Mirae Asset Sharekhansharekhan.com

A premier share market trading platform offering robust research, risk analysis, and discipline for serious investors and traders to achieve financial freedom

Financial Services 馃嚠馃嚦 Mumbai 6,540 n/a
60
Bajaj Housing Finance Limitedbajajhousingfinance.in

A financial institution providing housing and property loans to individuals, businesses, and developers, with high credit ratings from CRISIL and India Ratings

Financial Services 馃嚠馃嚦 Pune 6,532 2008
61
Bharti AXA Life Insurancebhartiaxa.com

Leading Indian provider offering simple, value-for-money life insurance and savings solutions through a nationwide network of branches with a customer-centric focus.

Insurance 馃嚠馃嚦 Mumbai 6,400 2006
62
ICICI Securitiesicicisecurities.com

A leading securities firm in India offering equity broking, financial product distribution, wealth management, investment banking, and commodities services

Financial Services 馃嚠馃嚦 Mumbai 6,217 n/a
63
Capri Global Capital Ltd.capriloans.in

A diversified NBFC offering MSME loans, affordable housing finance, gold loans, and construction finance, with a strong presence in Northern and Western India

Financial Services 馃嚠馃嚦 Mumbai 5,946 2011
64
Exide Life Insurance

A leading private life insurance company in India offering individual and group insurance solutions including protection, pension, savings, investment, and health plans

Insurance 馃嚠馃嚦 Mumbai 5,844 n/a
65
Fullerton India Credit Company Ltd.smfgindiacredit.com

Announcement of company rebranding from Fullerton India Credit Company Ltd. to SMFG India Credit with a new LinkedIn page.

Financial Services 馃嚠馃嚦 Mumbai 5,801 2007
66
Aadhar Housing Finance Ltd.aadharhousing.com

A housing finance company in India that aims to empower low-income individuals to own their first homes through transparent and customer-centric loan solutions

Financial Services 馃嚠馃嚦 Mumbai Suburban (District) 5,768 2010
67
Axis Directsimplehai.axisdirect.in

A subsidiary of a leading bank, offering a wide range of financial solutions, broking services, and investment options to retail customers

Financial Services 馃嚠馃嚦 Mumbai 5,602 2005
68
Aditya Birla Health Insurance Company Limitedadityabirlahealth.com

A health insurance company focused on incentivizing wellness, managing chronic conditions, and providing easy access to healthcare services through digital processes

Insurance 馃嚠馃嚦 Mumbai 5,311 2015
69
IndiaFirst Lifeindiafirstlife.com

A life insurance company in India, backed by public-sector banks and private equity, focusing on customer satisfaction through digitalization with nationwide presence

Insurance 馃嚠馃嚦 Mumbai 5,012 2009
70
Generali Central Insurancegeneralicentralinsurance.com

Future Generali India Insurance Company provides insurance products, adhering to regulatory guidelines and offering detailed information on policies for customer satisfaction and transparency

Insurance 馃嚠馃嚦 Mumbai 5,011 n/a
71
IndusInd Bank Limitedindusind.bank.in

A leading financial services provider with a wide range of products for individuals and corporates, serving approximately 37 million customers nationwide

Banking 馃嚠馃嚦 Mumbai 4,873 n/a
72
HDFC securitieshdfcsec.com

A Mumbai-based financial services company, offering a wide range of investment products, digital platforms, and customer support to over 21 million clients nationwide

Financial Services 馃嚠馃嚦 Mumbai 4,872 2000
73
Star Union Dai-ichi Life Insurance Company Limitedsudlife.in

A joint venture offering life insurance products in India with a vast network of branches, providing access to millions of customers

Insurance 馃嚠馃嚦 Navi Mumbai 4,567 2009
74
Bajaj Auto Financebajajautofinance.com

A diversified NBFC offering financing for various aspirations, including vehicles from Bajaj Motorcycles, with modern infrastructure and efficient customer services

Financial Services 馃嚠馃嚦 Pune 4,470 n/a
75
ICICI Home Finance Company Limitedicicihfc.com

A leading home finance company offering loans to help you achieve your dream of home ownership, along with other financial services

Financial Services 馃嚠馃嚦 Mumbai 4,441 n/a
76
Edelweiss Financial Services Limitededelweissfin.com

A leading financial services conglomerate in India offering a wide range of products and services to diverse clients globally

Financial Services 馃嚠馃嚦 Mumbai 4,385 n/a
77
Andromeda Sales & Distribution Pvt Ltdandromedaloans.com

Leading loan distribution platform in India, providing access to a wide range of financial products for individuals and businesses

Financial Services 馃嚠馃嚦 Mumbai 4,329 1991
78
Edelweiss Life Insuranceedelweisslife.in

A customer-centric insurance company in India, offering need-based solutions for diverse financial needs through a joint venture partnership

Insurance 馃嚠馃嚦 Mumbai 4,092 n/a
79
Suryoday Small Finance Bank Ltdsuryodaybank.com

A new age bank offering banking solutions, credit products, digital banking, and innovative practices to serve unserved and underserved customers

Banking 馃嚠馃嚦 Navi Mumbai 4,085 2008
80
JM Financial Ltdjmfl.com

Provides integrated financial solutions including corporate advisory, wealth management, private financing, and affordable home loans across India and internationally.

Financial Services 馃嚠馃嚦 Mumbai 4,013 1973
81
Mahindra Home Financemahindrahomefinance.com

A subsidiary of Mahindra Finance providing accessible home loans for rural and semi-urban areas, serving over 12 million customers since 2007

Financial Services 馃嚠馃嚦 Mumbai 3,958 2007
82
Kotak Mahindra Prime Limitedprimeloans.kotak.com

A leading car and two-wheeler finance company offering loans for vehicles and property, with a wide distribution network across India

Financial Services 馃嚠馃嚦 Mumbai 3,951 1996
83
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED

A financial services company in Mumbai, India, specializing in providing financial solutions and services to its customers

Financial Services 馃嚠馃嚦 Mumbai 3,933 n/a
84
Principal Global Servicesprincipal.com

A Global In-house Center supporting financial well-being with retirement, insurance, and asset management solutions through quality, innovation, and strategic value

Financial Services 馃嚠馃嚦 Pune 3,881 2006
85
Anand Rathi Share and Stock Brokers Ltdanandrathi.com

A leading full-service investment bank offering financial services and wealth management solutions to institutions, corporations, high-net worth individuals, and families with a client-centric philosophy

Financial Services 馃嚠馃嚦 Mumbai 3,850 1994
86
Saraswat Banksaraswat.bank.in

Join our financial services family to explore innovative banking products and stay updated on industry news

Financial Services 馃嚠馃嚦 Mumbai 3,785 1918
87
Unity Small Finance Banktheunitybank.com

A modern bank offering secure, user-friendly, and tech-driven banking services for a convenient and simplified experience

Banking 馃嚠馃嚦 Mumbai 3,716 n/a
88
Aditya Birla Finance Limitedadityabirlacapital.com

A leading diversified non-banking financial services company in India, offering lending, financing, and wealth management solutions to a wide range of customers

Financial Services 馃嚠馃嚦 Mumbai 3,680 n/a
89
LIC Housing Finance Limitedlichousing.com

A leading housing finance company in India, providing long-term financing for residential properties, business needs, and construction projects with an extensive marketing network and global reach

Financial Services 馃嚠馃嚦 Mumbai 3,561 1989
90
NABARD - National Bank for Agriculture and Rural Developmentnabard.org

Driving sustainable and equitable agriculture, rural prosperity with effective credit support, services, and institution development through innovative initiatives

Financial Services 馃嚠馃嚦 Mumbai 3,461 1982
91
Generali Central Life Insurancegeneralicentrallife.com

A leading joint venture in India offering simplified insurance solutions for individuals and enterprises, earning recognition for innovative products and customer engagement

Insurance 馃嚠馃嚦 Mumbai 3,412 2006
92
DHFLpiramalfinance.com

A financial services company offering capital and housing finance solutions under the new name Piramal Capital And Housing Finance Limited

Financial Services 馃嚠馃嚦 Mumbai 3,399 n/a
93
SBI MUTUAL FUNDsbimf.com

Provider of mutual funds with expertise in equity, debt, hybrid, and offshore funds, offering investment solutions and warning against fraudulent recruitment activities

Financial Services 馃嚠馃嚦 Mumbai 3,393 n/a
94
Reliance Capital | Reliance Groupreliancecapital.co.in

A leading financial services company offering asset management, insurance, commercial finance, broking, wealth management, distribution, and other financial services in India

Financial Services 馃嚠馃嚦 Mumbai 3,167 1986
95
Svatantra Microfin Limitedsvatantramicrofin.com

A leading NBFC-MFI impacting millions through innovative and technology-driven financial services, with a focus on rural empowerment and cashless operations

Financial Services 馃嚠馃嚦 Mumbai 3,158 2012
96
SBFC Finance Limitedsbfc.com

A new-age financial services institution focused on providing credit to small businesses and consumers, with a strong emphasis on technology adoption

Financial Services 馃嚠馃嚦 Mumbai 3,067 2017
97
ICICI Lombard General Insurance Company Limitedonlinecareer360.com

An insurance company headquartered in Mumbai, India, offering a range of general insurance products and services

Insurance 馃嚠馃嚦 Mumbai 3,023 n/a
98
Piramal Grouppiramal.com

Global business in Pharma, Financial Services, and Real Estate. It also has a foundation focused on healthcare, education, and safe drinking water initiatives.

Executive Offices 馃嚠馃嚦 Mumbai 2,956 n/a
99
HDFC Mutual Fundhdfcfund.com

A mutual fund trust registered with SEBI offering diverse investment schemes including equity, debt, liquid, and exchange traded funds to retail and institutional investors

Financial Services 馃嚠馃嚦 Mumbai 2,884 n/a
100
Capital First Limitedcapitalfirst.com

A financial institution focused on serving Indian enterprises and the middle class by providing innovative and accessible financing solutions

Financial Services 馃嚠馃嚦 Mumbai 2,842 2010

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Oct 24, 2026.

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