Shri V. C. Padmanabhan(1916-1986)

Shri V. C. Padmanabhan belonged to the coastal fishing village of Valapad in Malabar district of the erstwhile Madras Presidency. He was committed to uplifting the economically weaker sections of the society, particularly the farmers, fishermen and agricultural labourers in his community. In 1949, he decided to help the people of his village by setting up his own small business of providing loans against the security of jewellery at affordable rates to those who did not have the capacity to approach banks. Thus began the story of Manappuram Finance Limited (MAFIL).

From then until now, the Company has won the trust of many a customers and has played a pivotal role in taking organised lending to underprivileged people.

Driven by Shri Padmanabhan’s values of trust and integrity, Manappuram Finance is transitioning to a full-fledged non-banking financial company (NBFC) that will continue to exceed customer expectations and help them fulfil their aspirations. Our core strengths of customer centricity, stakeholder integrity and quick adoption of top-notch technology for seamless operations will help us stay ahead of the curve.