Magma Fincorp Ltd.

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Description


Magma Fincorp Limited, a non-banking finance company, provides various financial products and services to individual and corporate customers in India. The company’s financial products and services comprise commercial vehicle finance, construction equipment finance, car and utility vehicle finance, suvidha loans, strategic construction equipment finance, tractor finance, gold loans, SME loans, and insurance. As of September 30, 2012, it operated 240 branches in 20 states and 1 union territory. The company was formerly known as Magma Shrachi Finance Limited and changed its name to Magma Fincorp Limited in July 2008. Magma Fincorp Limited is headquartered in Kolkata, India.

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