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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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12-11-2018, 12:22
Syndicate Bank Raises Marginal Cost of Funds Based Lending Rate by up to 0.15 percent and Effective from November 10
Syndicate Bank has hiked its marginal cost of funds based lending rate by up to 0.15 percent across various tenors, effective from November 10.
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31-10-2018, 19:55
State Bank of India slashes daily cash withdrawal limit on Classic and Maestro debit cards from Rs 40000 to Rs 20000
State Bank of India has reduced the per day cash withdrawal limit for Classic and Maestro debit cards holders Rs 40000 to Rs 20000 with effective from 31-10-2018.
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16-10-2018, 18:08
State Bank of India may block net banking if your mobile number is not linked by December 1st 2018
Internet banking users of State Bank of India are required to register their mobile number (if not done earlier) with the lender by December 1, 2018.
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26-09-2018, 19:25
AADHAAR card is not need for opening bank accounts as per supreme court
AADHAAR card is not need for opening bank accounts as per supreme court verdict op September 26, 2018.
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22-09-2018, 12:41
The government hikes interest rates up to 0.4 percentage for small savings scheme applicable from October 1 st to December 31
The government announced new interest rates on small savings schemes, including National Savings Certificate (NSC) and Public Provident Fund (PPF). The interest rates for small sav ...
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19-09-2018, 19:12
State Bank of India provides free of cost upgrade of debit card to its customers
State Bank of India provides free of cost upgrade of debit card to its customers. The upgrade of existing debit card to an EMV chip and PIN debit card offers enhanced security. The ...
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