• In this segment, Magma's primary focus lies in servicing the growing, yet under-penetrated, semi-urban and rural markets through a chain of regional offices, branch offices and pocket offices

• We provide loans to customers with or without proof of income, through our 'Income Proof' and 'Non-Income Proof' schemes, extending our service to a wide range of customers

• Exchange schemes, where we buy old cars at attractive prices and finance new cars at customer-friendly terms, lead to high levels of customer satisfaction

• Marketing executives directly meet each customer before closing a deal, bringing in a greater transparency into the transaction

• The 'lead-only' channel networking results in the early identification and fulfilment of customer needs, helping us emerge as a market leader in the semi-urban and rural segment

• Vertical segregation of sales, credit and collection functions has helped us achieve a rapid turnaround time in customer service

• Low down payment, competitive rates and doorstep service have made us a force to reckon with

• Attractive schemes for commercial use of cars and multi-utility vehicles have helped many unemployed youth evolve into entrepreneurs

• Promotional activity among dealers and manufacturers as well as a pre-funding provision for dealers are among our strengths

Passenger car we have financed