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 We come with a commitment to invest even in your smallest dream; extending a helping hand. At Magma, we provide finance and freedom to those who wish to rise; to those who are denied both. |
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| Magma Profile |
| Vision & Mission |
| Values |
| Growth Path |
| Our Strengths |
| Board of Directors |
| Management Team |
| Code of Conduct & Ethics |
| Fair Practice Code |
| Indicative Rates |
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About Us - Profile Magma Fincorp Limited (formerly Magma Leasing Limited) was incorporated in 1988 and commenced operations in 1989. To strengthen its business, the company merged with Arm Group Enterprises in 1992. Magma has emerged one of India's largest financial services companies during the past five years. In early 2007, to strengthen its services even more, Shrachi Infrastructure Finance Ltd. (SIFL), a non-banking retail financing company, merged with Magma to create a new financial services powerhouse: Magma Shrachi Finance Ltd. On August 2008, we renamed ourselves as Magma Fincorp. We are headquartered in Kolkata (India), and registered with the Reserve Bank of India. We are represented by a qualified team of over 4200 Magmaites. In response to rapidly evolving demand, we offer individual and corporate customers a range of financial products and services in:
We not only provide a one-stop-shop financing facility to our customers, but also fulfil the dreams of millions of first-time entrepreneurs, catalysing local economies and helping the nation grow. We are best recognized for providing an equality of opportunity to the economically disenfranchised. We have achieved a CAGR (compounded annual growth rate) of more than 51% over the last three years. Our rapid growth does not derive solely from our conscious initiative in growing our physical infrastructure; it is also owing to careful investments in lasting relationships with team members, alliance partners, customers and vendors. By proceeding on these lines, we aim to sustain this growth, thus becoming even more responsive to the rising needs of a dynamic nation. |
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Designed & developed by
Corporate Communications Dept.
MAGMA
Copyright © 2009 MAGMA FINCORP LIMITED.
All right reserved.