Manappuram Finance unveils new digital app for money lending

Manappuram Finance Q1FY24 Results: Consolidated PAT Rises to Rs. 495.89 Cr

In a bid to capitalize on the flourishing digital lending industry, Manappuram Finance Ltd, based in Kerala, has unveiled Ma-Money, an innovative digital money lending platform. This move aims to consolidate all the financial products offered by Manappuram Finance into one comprehensive platform, providing customers with convenient access to a wide range of financial services.

The launch of Ma-Money represents a significant stride for the company, enabling it to expand its digital presence and cater to a broader audience. With a primary focus on customers in tier 2 and tier 3 cities, the app aims to foster financial inclusion by offering a plethora of loans and financial products previously unavailable to customers in smaller towns. Let’s delve deeper into the features, benefits, and implications of Ma-Money.

Key Features and Services of Ma-Money:

Ma-Money, the new digital lending platform from Manappuram Finance, offers an extensive range of financial services, including:

  • Personal loans
  • Business loans
  • Consumer durables’ loans
  • Loans for the healthcare industry
  • Loans for the food industry
  • Loans for small-scale industries
  • Car loans
  • Home repair loans

The platform caters to a diverse set of customers, ensuring that their financial needs are met comprehensively. By integrating these services into a single app, Manappuram Finance aims to provide convenience and accessibility to its customers.

Convenience at Your Fingertips:

With the launch of Ma-Money, Manappuram Finance demonstrates its commitment to leveraging technology for the benefit of its customers. V.P. Nandakumar, the Managing Director and CEO of Manappuram Finance, highlighted the importance of simplifying access to financial products in the fast-paced lives of customers. He stated, “We understand that our customers lead busy lives and want a quick and easy way to access the financial products they need. With Ma-Money, they can do just that, no matter where they are or what time it is.”

Streamlining the Digital Experience:

Manappuram Finance’s strategic objective of expanding its digital footprint is fulfilled through the launch of Ma-Money. The app empowers customers by enabling them to apply for loans, track their applications, and manage their accounts, all from the convenience of their mobile devices. This seamless digital experience ensures that customers have complete control over their financial journey, eliminating the need for lengthy paperwork and physical visits to branches.

Financial Inclusion for Smaller Cities and Towns:

Ma-Money represents a significant step forward in terms of financial inclusion, particularly for customers residing in tier 2 and tier 3 cities. These customers previously faced limitations in accessing a comprehensive range of financial products. However, with the advent of Ma-Money, they can now avail themselves of various loans and financial services, empowering them to pursue their dreams and goals.

About Manappuram Finance:

Manappuram Finance Ltd is an Indian non-banking financial company situated in Valapad, Thrissur, Kerala. It operates a vast network of more than 4,190 branches spread across 25 states in India.

For more of the Latest News, Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *