Magma Fincorp Ltd. is a NBFC, listed at BSE and NSE.
Since inception in 1988 the company is driven by a single purposeful goal of “investing in the smallest dream” and has been offering financial solutions to the underserved in the rural and semi urban India. Magma today operates through a pan India network of 300 plus offices and employs nearly 9500 people. Magma provides a bouquet of financial services products including Asset Finance, Agri Finance, SME Finance and Mortgage Loans and also has a General Insurance subsidiary.
Magma Fincorp Ltd. (MFL) over the years has demonstrated a strong sense of responsibility through corporate action for sustainable social development. Moreover to conduct CSR activity in an organized way, Magma with its group companies have formed a dedicated trust namely Magma Foundation. The purpose of trust is to offer sustainable change in the lives of the rural poor and motivate others to come up and help the people in need. Magma Foundation is registered and has received the statutory approvals required. Most of the CSR activities at the group level is being taken care of by the Foundation.