Based out of Mumbai, MMFSL engages in financing new and pre-owned auto and utility vehicles, tractors and commercial vehicles. Ramesh Iyer
heads up the 1,200-plus office, ₹10,097 crore operation that services over 3.5 lakh villages and 7,000 towns in India. MMFSL’s portfolio also includes personal loans, SME financing, housing finance, insurance broking and mutual fund distribution. In a stellar response to COVID-19, the company offered a Guaranteed Emergency Credit Line (GECL)
to affected businesses, allowing them to avail additional term loans up to ₹5 crores and repayment in 4 years including a 1-year moratorium.