Is Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019) registered with RBI?

Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019) appears on the RBI NBFC-ML 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.

Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019) — RBI NBFC-ML NBFC (CIC)

About this NBFC

Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019) 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.

Core Investment Companies (CICs) mainly hold equity stakes in group companies rather than retail lending.

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

Registration snapshot (June 30, 2024)

Legal name

Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019)

Layer

Middle Layer NBFCs (NBFC-ML)

NBFC-ML

Classification

CIC

investments

RBI regional office

Mumbai

CIN

U67120MH1992PLC066160

Public deposits CoR

No

Registered address

Bombay House 24 Homi Mody Street Mumbai City Maharashtra 400001

Email (public list)

cnage@tata.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.

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FAQs

Is Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019) registered with RBI?: Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019) appears on the RBI NBFC-ML list as on June 30, 2024. Status can change—confirm on rbi.org.in before transacting.
What type of NBFC is Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019)?: RBI classifies it as CIC (investments). Core Investment Companies (CICs) mainly hold equity stakes in group companies rather than retail lending.
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 Panatone Finvest Limited (Converted To CIC W.E.F 22.04.2019). Verify registration before financial decisions. Not financial advice.