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Mangal Credit and Fincorp Limited (MANCREDIT)
What MANCREDIT does

Mangal Credit and Fincorp Limited

What company does?Provides financial services including microfinance, SME finance, and vehicle financing.
Established1985
Entity typePrivate
HeadquartersIndia
SegmentB2B,B2C
Mangal Credit and Fincorp Limited is a share market listed company in the Non Banking Financial Company (NBFC) industry . It got listed on NSE on 16-AUG-2024 under the trading symbol MANCREDIT. On BSE it is listed under trading symbol MANCREDIT. The company operates in Finance , Credit Services and Investment Banking categories.

Company overview

Mangal Credit and Fincorp Limited is a non-banking financial company (NBFC) based in India. The company primarily operates in the business of providing finance for small and medium-sized enterprises (SMEs), as well as offering retail finance services to individual customers. With over two decades of experience, Mangal Credit has established itself as a leading player in the Indian financial services sector.

One of the key aspects that sets Mangal Credit apart from its competitors is its focus on inclusive growth and support for underserved segments of the market. The company aims to empower entrepreneurs and businesses by providing them with access to timely and flexible financing solutions.

The core products and services offered by Mangal Credit include loans for SMEs, microfinance facilities, vehicle financing, gold loans, housing loans, personal loans, and more. By catering to diverse financial needs across different customer segments, the company has been able to build a comprehensive portfolio of offerings. An area where Mangal Credit stands out is through leveraging technology for efficient operations while maintaining personalized customer service. The use of innovative digital platforms allows the company to streamline processes such as loan application, approval, and disbursement while ensuring transparency throughout the entire lifecycle of a loan. In terms of collaborations or partnerships, Mangal Credit may have tie-ups with banks or other financial institutions for co-lending arrangements or funding lines which can enable it to expand its lending capacity significantly. With an unwavering commitment to responsible lending practices coupled with robust risk management frameworks, Mangal Credit continues to carve a niche for itself in India's dynamic NBFC landscape.
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