Magma Fincorp Limited has grown to be one of India's large retail-finance companies. We have built total assets under management of more than Rs.13,293 crores (over $2.5 billion) and the Magma family comprises over 6000 'Magmaites', working across different functional verticals.Magma has a diversified product portfolio, comprising of commercial vehicles, construction equipment, passenger car and utilityvehicles, tractor, used vehicles, and SME loans. In addition we will be starting Gold Loans and Affordable Housing Loans in FY’13. Magma has signeda JV with HDI Gerling of Germany to start a general insurance company, which has since received R2 license fromthe regulator.
Magma has a wide operating footprint in India with over 200 branches across 21 states in the country. We have a dedicated customer base of over 3,00,000 current customers. We provide a one-stop-shop financing facility to our customers, and fulfill the dreams of millions of first-time entrepreneurs,catalyzing local economies and helping the nation grow.
Website: http://www.magma.co.in
Specialties
Credit, Finance, Car & Utility Vehicle Finance, Construction Equipment Finance, Commercial Vehicle Loans, Tractor Finance, SME Loans, Suvidha (Refinance), Insurance, Recovery, Turning dreams into reality
New hires at Magma Fincorp Ltd.
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Associate Vice President - IT
Came from...
ITC Limited, Divisional CIO - Personal Care Business
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Associate Vice President - Branding
Came from...
International School of Business & Media, Prof of Marketing
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National Sales Head-Auto Lease
Came from...
GE Capital Services India, AVP & Regional Sales Manager
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Magma Fincorp Ltd. Activity on LinkedIn
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Magma Fincorp Ltd. has a new Zonal MIS Coordinator
Niladri ghosh is now Zonal MIS Coordinator
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Magma Fincorp Ltd. has a new Credit Analyst
Rohit Ramachandran is now Credit Analyst
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Magma Fincorp Ltd. has a new Management Trainee - HR
Swayam Prabha Sethi is now Management Trainee - HR
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Magma Fincorp Ltd. has a new Area Sales Manager
Amar Deshmukh is now Area Sales Manager
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Magma Fincorp Ltd. has a new Associate Vice President - IT
Rajesh Krishnamurthy is now Associate Vice President - IT, was Divisional CIO - Personal Care Business at ITC Belgium
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Magma Fincorp Ltd. has a new Management Trainee (Credit Analyst)
Sahil Malhotra is now Management Trainee (Credit Analyst)
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Magma Fincorp Ltd. has a new RELATIONSHIP MANAGR
Chinmay Sharma is now RELATIONSHIP MANAGR
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Magma Fincorp Ltd. has a new Asst. Manager - Auto Loan
Nithin Kodanda Ram is now Asst. Manager - Auto Loan
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Magma Fincorp Ltd. has a new Credit Analyst-SME
Barun Jha is now Credit Analyst-SME
