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About Magma Fincorp

Magma Fincorp Limited (MFL) is a Kolkata based non-banking financial company registered with the Reserve Bank of India as an Asset Finance Company. The company operates 235+ branches across 21 states and a union territory and has a strong presence in rural and semi-rural India. Magma Fincorp Limited (formally known as Magma Leasing Limited) was incorporated in 1988 and commenced operation in 1989.

Highlights

Won a Gold Award at LACP (League of American Communications Professionals), 2015

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26-07-2017, 17:10
National Payments Corporation of India Said, Digital Transactions in all co-operative banks by March 2018
The National Payments Corporation of India said all co-operative banks in the country would be part of digital transactions by march 2018
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22-07-2017, 17:27
Carlyle affiliate to buy 26 percent in State Bank Of India Credit Cards JVs
An affiliate of buyout firm Carlyle will buy a 26 percent stake in each of two credit card joint ventures of State Bank of India.
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21-07-2017, 17:08
ICICI bank offers up to Rs 15 lakh instant personal loan through ATMs
ICICI bank will be selling personal loans of up to Rs 15 lkh through its ATMs that can be availed of by select salaried customers even if they have not previously applied for one ...
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21-07-2017, 17:04
IFC invests Rs 130 crore in Avas financiers
IFC invested Rs 130 crore in Jaipur based Avas financiers to extend home loans to low income consumers in rural and semi urban areas who have little or no access to mortgage financ ...
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20-07-2017, 15:32
Jan Dhan deposits surge to Rs 64,564 Cr
Deposits in Jan Dhan accounts have a high of Rs 64,564 Cr of which over Rs 300 Cr came in the first 7 months of demonetization, the scheme aims bringing hitherto unbanked areas and ...
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19-07-2017, 17:49
HDFC bank Launches digital - only marketing campaign
HDFC bank launched a national digital - only marketing campaign, rein forcing its position as India No. 1 bank in products like credit cards, personal loans and auto loans.
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