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Our network - Geographical presence
Magma started in Eastern India. From modest beginnings, over the years, we have been able to establish our presence into the interiors of the country, thereby gaining first-mover advantage, essential for our growth across the length and breadth of India. We have sustained our momentum by focusing on the under-reached semi-urban and rural markets. We are proud to be in markets where the overall financial services industry penetration is low.
Today, we serve 20 states and 1 union territory through 153 offices. Each branch caters to an area of 40 km radius - down from 125 km just a year ago - translating into a wider reach and better penetration.
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click on the map for details
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