Manipal Finance Corporation was incorporated on March 29, 1984. The company obtained the certificate for commencement of business on April 24, 1984. It was promoted by the Pais of Manipal engaged in the business of hire purchase and lease finance, and investments.
Concentrating on recovery of non performing asset accounts, other income was generated from the sale of shares and securities, dividend and interest. The company has several branches at Bangalore, Goa, Mumbai, Mysore, Pune, Hassan, Hyderabad, Chennai, Mangalore and several other locations.
The registered office is located at Manipal House, Old Tile Factory Road, Manipal- 576104, Karnataka.
Business area of the company
The company is engaged in the business of hire purchase, finance and leasing of industrial and commercial goods and vehicles, general finance, agency, guarantee and indemnity.