# Mirae Asset Financial Services

Mirae Asset Financial Services is an Asset Manager based in Mumbai, India.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Assets under management:** Undisclosed
- **Website:** miraeassetfin.com
- **LinkedIn:** https://www.linkedin.com/company/mirae-asset-financial-services-india-pvt-ltd

## Regulatory record

- **Reports private funds:** No

## About

Mirae Asset Financial Services (India) is a registered Non-Banking Financial Company (NBFC). MAFS offers retail and institutional lending services in India. Retail customers can download the mobile application from appstore and avail loans that best suit their needs.

## Sectors

- Private Credit
- FinTech

## Questions

### What lending products does Mirae Asset Financial Services offer?

The NBFC focuses on structured credit products including loans against securities (shares and mutual funds), unsecured business loans for SMEs, and supply chain finance such as channel finance for distributor networks. It also participates in co-lending arrangements with fintech platforms and other NBFCs to extend credit at point-of-sale for consumers and small businesses.

### Does Mirae Asset Financial Services raise public deposits?

No. As a non-deposit-taking NBFC registered with the Reserve Bank of India, Mirae Asset Financial Services cannot accept demand deposits from the public. Its funding comes from the parent group's equity capital, bank borrowings, and debt market instruments — a liability structure typical of Indian NBFCs classified as investment and credit companies.

### Is Mirae Asset Financial Services regulated by SEBI or the RBI?

The Reserve Bank of India regulates Mirae Asset Financial Services as a registered non-banking financial company. Its asset management sibling Mirae Asset Global Investments is separately regulated by the Securities and Exchange Board of India as a mutual fund house. This regulatory separation keeps the lending business distinct from the group's public-market fund operations.

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Last updated: 2026-06-03T20:00:00.000Z

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