Manappuram Chits India Ltd (MACIL) was established on the 21 July, 2000 for carrying out the business of chit operations. Company is registered under the Chits Fund Act 1982.
It adheres to the Chit Funds Act 1982, and Tamil Nadu Chit Funds Rules 1984. Manappuram Chits India Ltd. is a part of the reputed Manappuram Group of companies. The company has its operations across Kerala, Karnataka & Tamil Nadu.read more
Shri V. P. Nandakumar is the Chairman of Manappuram Group of companies. Besides focus on the business, the cause of the wider community is also central to his long term vision. The establishment in October 2009 of the Manappuram Foundation at Valapad has given concrete shape to his commitment to Corporate Social Responsibilityread more