Magma Fincorp Limited

Kolkata, West Bengal

Company details

Industry:
Banking/Financial Services
Number of workers:
5050
Website:
http://www.magma.co.in/

Company Description

Magma Fincorp Limited (formerly Magma Leasing Limited) was incorporated in 1988 and commenced operations in 1989 in Kolkata. To strengthen its business, the company merged with ARM Group Enterprises in 1992 and acquired Consortium Finance Limited, a north based NBFC in 2000.

In early 2007, Magma acquired Shrachi Infrastructure Finance Ltd. (SIFL), a non-banking retail financing company having network in West and South India. The combined entity was renamed Magma Shrachi Finance Ltd.

On August 2008, the company was rechristened as Magma Fincorp.

We are headquartered in Kolkata (India), and registered with the Reserve Bank of India as an asset financing NBFC. Magma is listed on National Stock Exchange and Bombay Stock Exchange.

Magma today has a pan India presence with over 185 locations in 21 states and represented by a qualified team of over 5050 Magmaites. Over 70% of our branches are located in semi urban and rural areas and about 60% of our customers are from the hinterlands. The deep rural and semi urban presence further emphasises Magma's motto of providing equality of opportunity to the economically disenfranchised. Magma today is one of the largest asset finance companies and carries an asset base of Rs 10,900 crore.

In response to rapidly evolving demand, Magma offers individual and corporate customers a range of financial products and services in:

* Commercial Vehicle Finance
* Construction Equipment Finance
* Car and Utility Vehicle Finance
* Suvidha Loans (Refinance)
* Strategic Construction Equipment Finance
* Tractor Finance
* SME Loans
* Insurance

Magma not only provides a one-stop-shop financing facility to the wide base of customers, also fulfils the dreams of millions of first-time entrepreneurs, catalysing local economies and helping the nation grow.

Magma has been one of the fastest growing asset financing companies in the country with a CAGR (compounded annual growth rate) of more than 26% in business growth over the past five years.

The rapid growth does not derive solely from a conscious initiative in growing our physical infrastructure; it is also owing to careful investments in lasting relationships with team members, alliance partners, customers and vendors.

The company's vision is to become the largest retail asset financing company in the country.

Magma Fincorp Limited

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job postings

  • Minimum 1-2 years in Recovery/ Sales. Able to respond logically to standard on job scenarios(Collections/sales) Should be able to use TAB Should be aware of Smart phone uses. End-to-end responsibility for ongoing relationships; including the one with consumers ...

  • Execute the people plan in the region. Ensure people connect to influence a positive work culture Will be one point contact for all incumbents in the territory Work collaboratively with the Business Territory Manager to implement people programs, processes and solutions that support the achievement of business objectives Execution of the generalist activities like employee engagement, driving talent ...

  • Execute the people plan in the region. Ensure people connect to influence a positive work culture Will be one point contact for all incumbents in the territory Work collaboratively with the Business Territory Manager to implement people programs, processes and solutions that support the achievement of business objectives Execution of the generalist activities like employee engagement, driving talent ...

  • Execute the people plan in the region. Ensure people connect to influence a positive work culture Will be one point contact for all incumbents in the territory Work collaboratively with the Business Territory Manager to implement people programs, processes and solutions that support the achievement of business objectives Execution of the generalist activities like employee engagement, driving talent ...

  • Heading the team of Cases against Company - Take control over the Cases Against Company, MIS(CIVIL), knowledge and exposure on Arbitration and court cases. To ensure various compliances with the statutory authority including RBI - Systematically vetting process of various documents like W/S, W/V, W/O Extend support to others - Support to the recovery team for collection. Discharge the duty of advisory role and ...

  • Heading the team of Cases against Company - Take control over the Cases Against Company, MIS(CIVIL), knowledge and exposure on Arbitration and court cases. To ensure various compliances with the statutory authority including RBI - Systematically vetting process of various documents like W/S, W/V, W/O Extend support to others - Support to the recovery team for collection. Discharge the duty of advisory role and ...

  • > Manage all online marketing channels including SEO, SEM, Social, Remarketing, Display & digital partnerships for external & internal web properties. > Develop Go-To-Market plan, owning the online marketing budget and deciding on the optimum spend allocation across regions & channels. > Test new marketing channels, explore alternative digital marketing strategies to increase relevance in digital category; scale them ...

  • > Manage all online marketing channels including SEO, SEM, Social, Remarketing, Display & digital partnerships for external & internal web properties. > Develop Go-To-Market plan, owning the online marketing budget and deciding on the optimum spend allocation across regions & channels. > Test new marketing channels, explore alternative digital marketing strategies to increase relevance in digital category; scale them ...

  • Minimum 1-2 years in Recovery/ Sales. Able to respond logically to standard on job scenarios(Collections/sales) Should be able to use TAB Should be aware of Smart phone uses. End-to-end responsibility for ongoing relationships; including the one with consumers The vacancy is for Pimpri, Hadapsar and Nagar Road

  • Minimum 1-2 years in Recovery/ Sales. Able to respond logically to standard on job scenarios(Collections/sales) Should be able to use TAB Should be aware of Smart phone uses. End-to-end responsibility for ongoing relationships; including the one with consumers The vacancy is for Pimpri, Hadapsar and Nagar Road

  • Visit to all the parties to the agreement and remind them for dues payable Updation of financial, social information of the parties and third party usage details. Minimum 6 visits per day and minimum 3 visits per contract per month. Recording all the visits / activity in the hand held device ( Daily Visit Report) To manage minimum of 50 contracts spread across 100 Km radius. Minimum 1 Money Receipt per day ...

  • Visit to all the parties to the agreement and remind them for dues payable Updation of financial, social information of the parties and third party usage details. Minimum 6 visits per day and minimum 3 visits per contract per month. Recording all the visits / activity in the hand held device ( Daily Visit Report) To manage minimum of 50 contracts spread across 100 Km radius. Minimum 1 Money Receipt per day ...

  • Visit to all the parties to the agreement and remind them for dues payable Updation of financial, social information of the parties and third party usage details. Minimum 6 visits per day and minimum 3 visits per contract per month. Recording all the visits / activity in the hand held device ( Daily Visit Report) To manage minimum of 50 contracts spread across 100 Km radius. Minimum 1 Money Receipt per day ...

  • Visit to all the parties to the agreement and remind them for dues payable Updation of financial, social information of the parties and third party usage details. Minimum 6 visits per day and minimum 3 visits per contract per month. Recording all the visits / activity in the hand held device ( Daily Visit Report) To manage minimum of 50 contracts spread across 100 Km radius. Minimum 1 Money Receipt per day ...

  • 1. Sales- Lead generation from existing customer & Disbursement. 2. Collections- To ensure collections from customers (0-90 Bucket) 3. Training& Development- Ensure mandated trainings are completed

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