Magma Fincorp Ltd. - Overview, CEO, Products, Business

Magma Fincorp Ltd. was founded in 1988.

Deepak Patkar is the founder of Magma Fincorp Ltd..

Magma Fincorp Ltd. generates $338.2M in revenue.

Magma Fincorp Ltd. headquarters are in Mumbai, Maharashtra, India.

Magma Fincorp Ltd. has 3648 employees.

Magma Fincorp Ltd. is in financial services sector.

Yes, Magma Fincorp Ltd. is a public company.

Magma fincorp limited is one of the leading retail asset finance companies in india. since our inception in 1988, magma has been investing in helping to transform the diverse aspirations of its customers into credible achievements. a one-stop shop for varied financing solutions, magma caters to a wide cross-section of customers. headquartered in kolkata (india) & registered with the reserve bank of india magma has, over the years successfully focused and penetrated into the rural & semi-urban markets, gaining a deep insight into this “rurban” customer segment & helping them grow their business across the hinterland of india. magma serves 21 states through over 230 offices, being present in 1,600 talukas & 2,900 locations where we have customers. qualified teams of over 9,500 magmaites represent us across the country. the company offers a diversified boutique of financial products & services: loans for cars & utility vehicles, commercial vehicles, construction equipment, tractors, used vehicles, sme businesses, mortgage finance and general insurance. between 2012-2013, magma launched housing following the acquisition of the mortgage business of ge money in india. general insurance business was operationalized through magma hdi general insurance company, a joint venture with hdi gerling. the hdi-gerling brand is a part of hannover based talanx group, the third-largest german insurance group operating in around 150 countries across the globe. besides being a one-stop-shop financing facility to our customers, magma fulfills dreams of first-time entrepreneurs and is best recognized for providing an equality of opportunity to the economically disenfranchised. our vision is “to become india’s largest retail asset finance company.” first-time users (ftus) & first time buyers (ftbs) experience the biggest problems in loan mobilization linked to paperwork required by these institutions & the inability to provide collateral security that most lenders demand.

Magma Fincorp Ltd. specialises into Credit, Finance, Car & Utility Vehicle Finance, Construction Equipment Finance, Commercial Vehicle Loans, Tractor Finance, Sme Loans, Suvidha (refinance), Insurance, Recovery, Turning Dreams Into Reality, Affordable Housing Loans

The legal name of Magma Fincorp Ltd. is Magma Fincorp Ltd.

We are unable to find the CIN number of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

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We are unable to find any patents related to Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

Magma Fincorp Ltd. does not have any investors associated with the company.

No, Magma Fincorp Ltd. is not an online store or an ecommerce company.

No, Magma Fincorp Ltd. is not a SAAS Company.

Magma Fincorp Ltd. is owned by the public markets as its a public company.

No, Magma Fincorp Ltd. is not a business to business i.e B2B company.

No, Magma Fincorp Ltd. is not a business to consumer i.e B2C company.

No, Magma Fincorp Ltd. is not an exporter of products or services.

Deepak Patkar

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We do not have the information about the Services of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

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We do not have the information about the Stock listing of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

We do not have the information about the Brand Ambassador of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

Yes, Magma Fincorp Ltd. is an Indian Company.

No, Magma Fincorp Ltd. is not a Multinational Company.

We do not have the information about the Competitors of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

Magma Fincorp Ltd. was incorporate on 1988

We do not have the information about the Authorized Capital of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

We do not have the information about the paid up capital of Magma Fincorp Ltd.. Our systems are trying to find it, we will update it as soon as we have it.

The registered address of Magma Fincorp Ltd. is Mumbai, Maharashtra, India