Manappuram Finance unveils digital money lending app

Manappuram Finance Limited has announced the launch of Ma-Money, a digital lending platform. The company said in a statement that it plans to serve offer customers with all the financial products of Manappuram under one roof.

The company envisions that the new app will help in expanding its digital business and cater to a wider customer base. The app primarily targets customers in tier 1 and tier 2 cities.

Ma-Money provides a variety of loans, including personal loans, food industry loans, consumer durables loans, business loans, car loans, healthcare industry loans, small-scale industry loans, and home repair loans, among others.

Customers could be able to apply for loans, track applications and manage their accounts all under one umbrella using the new app on their mobile devices. Ma-Money is a significant step ahead in terms of financial inclusion specifically for customers in small cities and towns. 

The app aims to provide access to a wide range of loans and financial products that were previously not available to them. 

VP Nandakumar, MD and CEO of Manappuram Finance commented on the app launch that the always striving to adopt and introduce technological advancements for making life easier for the customers.

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