About UsMagma 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 4833 Magmaites.
In response to rapidly evolving demand, we offer individual and corporate customers a range of financial products and services in: |
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