Gold Label
Gold Rate(22K)

About Us

about_us
About Us

WE TURN EVERYDAY BUSINESS INTO MEANINGFUL RELATIONSHIP

Mangal Credit and Fincorp Limited is a professionally managed Non-Banking Financial Company (NBFC) listed on both the BSE Limited and the National Stock Exchange of India. Headquartered in Mumbai, the Company commenced its retail lending operations in 2019 with a vision to provide accessible, transparent, and customer-centric financial solutions.

The Company was originally incorporated as M/s. Tak Machinery & Leasing Limited (TMLL). In 2012, the present management acquired the Company and subsequently rechristened it as Mangal Credit and Fincorp Limited in May 2013. Since then, the Company has undergone a significant transformation and emerged as a growing and trusted financial institution in the retail lending space. Founded under the leadership of Meghraj Jain, the Company is presently driven jointly along with Hardik Jain, who actively oversees the day-to-day operations and overall business affairs of the Company

Mangal Credit and Fincorp Limited has established itself as a reliable financial partner by offering a diversified portfolio of secured lending products tailored to meet the financial requirements of individuals, small businesses, and entrepreneurs. The Company’s key offerings include:

  • Gold Loans
  • Loans Against Property (LAP)
  • SME / Business Loans

With a strong focus on customer service, prudent risk management, and operational efficiency, the Company continues to expand its presence and strengthen its market position. MCFL currently operates through a growing network of 30 branches spread across 3 states in India, enabling it to cater to a wide and diverse customer base.

Backed by a strong equity base and an experienced management team, the Company is witnessing steady growth and continues to pursue sustainable expansion with a commitment to financial inclusion, governance, and long-term value creation for all stakeholders.

The motive of my company, apart from delivering excellence, is to diversify, rationalize and globalize in all possible fields. We believe in invention and innovation while we get the best out of our resources to fulfill all the services this world needs.

Meghraj Jain

Managing Director

We aim at becoming the most preferred service provider in the financial space.

  • Portfolio
  • Our Mission
  • Our Vision

Today the company has Assets under Management (AUMs) worth a whopping more than 60 crores. Finding great fortune operating from its Mumbai office, the management also plans to enter multiple cities in other states apart from Maharashtra. With immense personal experience in the gold segment, the Managing Director aims to bring about a shift in the strategic focus of the company to becoming a provider of mass finance in the form of gold loans along with SME & personal loans.
One of the core values of MCFL is continuous performance measurement and improvement for implementing best practices in the industry. The company is in the process of entering into the retail market. Integrating the systems with the newest and most efficient technology and processes to serve customers without compromising on the company values and principles laid down by the management, forms the backbone of the company’s strategy and has been working in favor of the company since its inception. The company is, hence, built on a strategic framework to enable massive, consistent performance growth with a cumulative effort of its management and employees. Standing firmly amid an intense competition and risks in the finance sector, MCFL strives to offer a multitude of services to an advanced and aspiring population.
MCFL has established a strong foundation for an empire-like organization fuelled with unparalleled growth. With its deep-rooted values and culture empowering a generation of skilled employees, MCFL is easily one of the fastest growing companies in this segment.

Our group is motivated to dominate the industry by satisfying stakeholders, overseeing wealth maximization, good governance, and employee satisfaction. We aim to ensure eco-socio benefits and their positive impact by contributing towards nation building.

1. We aim to enter the Lending segment by harnessing our existent capabilities and succeed amid humongous competition.

2. We aim to expand geographically to penetrate into multiple cities across various states beyond Maharashtra.

3. We aim at achieving faster goals growing to become 5 times our current size and touch our 500 crore target by 2025.