Manappuram Finance Ltd.

BSE: 531213 | NSE: MANAPPURAM
Small Cap | Finance - NBFC
180.30
1.35 (0.75%)
< Home < Back

Manappuram Finance launches digital money lending app

Date: 31-05-2023

Manappuram Finance has launched Ma-Money, a new digital lending platform. The objective of introducing the app is to provide customers all the financial products offered by Manappuram Finance under one umbrella. A pioneer in digital gold loans, the company hopes that the new app will help it scale up its digital business and reach a wider audience. The app is primarily targeted at customers in tier 2 and tier 3 cities.

Ma-Money offers a wide range of loans, including personal loans, business loans, consumer durables' loans, loans for the healthcare industry, food industry, small-scale industries, car loans, home repair loans, among others.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.