Manappuram Finance opens new branch at Neemuch,
Madhya Pradesh
Neemuch: Manappuram Finance Ltd, one of
India’s leading gold loan Non-Banking Financial Company (NBFC) opened its new
branch at Neemuch, Madhya Pradesh. ShriRakeshPappu Jain, Municipal President
inaugurated the branch in the presence of all the employees of the branch.
The company has announced that the branch will provide services
like Gold Loan, Money Transfer, Two Wheeler Loan and Insurance to customers.
Manappuram Finance Limited has an extensive branch network of 3380 branches
spread across 28 states of the country.
About Manappuram Finance Ltd.
Manappuram Finance Ltd. is one of India’s leading gold loans NBFCs
engaged in providing finance against used household gold ornaments.
Incorporated in 1992, the company has been promoted by Mr. V.P. Nandakumar
(current MD & CEO) whose family has been involved in gold loans since 1949.
It is headquartered at Valapad in the Thrissur District of Kerala. The
company went public in August 1995 and its shares are listed on the BSE and
NSE.
As of June 30, 2019, the Company had 4,380
branches across 24 states and 4 UTs with Assets under Management (AUM) of Rs. 201.86 billion.
The company’s net worth stood at Rs. 47.15 billion.
