Is M Power Micro Finance Pvt Ltd registered with RBI?

M Power Micro Finance Pvt Ltd appears on the RBI NBFC-BL list as on June 30, 2024. Status can change—confirm on rbi.org.in before transacting.

Can this NBFC accept public deposits?

RBI extract shows public deposit CoR: No. Deposits remain subject to RBI limits even when permitted.

Does esi.in recommend this NBFC?

No. esi.in publishes educational directory information only—not credit ratings, loan offers, or investment advice.

M Power Micro Finance Pvt Ltd — RBI NBFC-BL NBFC (MFI)

About this NBFC

M Power Micro Finance Pvt Ltd is profiled on esi.in Finance to help Indian learners and households understand RBI-regulated lenders before they borrow or invest. We combine public registration fields with plain-language context—not a loan solicitation.

Microfinance institutions (MFIs) focus on small-ticket loans to low-income households and self-help groups under dedicated RBI regulations.

Compare products using our microfinance guides and free calculators before you sign any agreement.

Registration snapshot (June 30, 2024)

Legal name

M Power Micro Finance Pvt Ltd

Layer

Base Layer NBFCs (NBFC-BL)

NBFC-BL

Classification

MFI

microfinance

RBI regional office

Mumbai

CIN

U65999MH2009PTC197149

Public deposits CoR

No

Registered address

B-212, Arjun Centre, Plot No. 231 Govandi Station Road, Govandi, Mumbai-400088 Mumbai City Maharashtra 400088

Email (public list)

shrikant.sapre@mpowermicro.com

What borrowers and investors should check

Live RBI status: Names and layers change—download the current master list on rbi.org.in.
Total cost of credit: Compare APR, processing fee, and foreclosure charges across banks and NBFCs.
Grievance channel: Note the NBFC's nodal officer before you disburse funds.
Credit bureau impact: EMIs usually report to CIBIL/Experian; defaults affect future loans.

Related on ESI Finance

Finance hub Microfinance Product guide Mumbai list EMI calculator Loan eligibility estimator Prepayment calculator

FAQs

Is M Power Micro Finance Pvt Ltd registered with RBI?: M Power Micro Finance Pvt Ltd appears on the RBI NBFC-BL list as on June 30, 2024. Status can change—confirm on rbi.org.in before transacting.
What type of NBFC is M Power Micro Finance Pvt Ltd?: RBI classifies it as MFI (microfinance). Microfinance institutions (MFIs) focus on small-ticket loans to low-income households and self-help groups under dedicated RBI regulations.
Can this NBFC accept public deposits?: RBI extract shows public deposit CoR: No. Deposits remain subject to RBI limits even when permitted.
Does esi.in recommend this NBFC?: No. esi.in publishes educational directory information only—not credit ratings, loan offers, or investment advice.

Disclaimer: RBI list as on June 30, 2024. esi.in (Elevate. Scale. Inspire.) is not affiliated with RBI or M Power Micro Finance Pvt Ltd. Verify registration before financial decisions. Not financial advice.