Manappuram Asset Finance Ltd (Formerly LFC Hire purchase Company Private Limited) was incorporated on June 24, 1987.

The management of the company was taken over by the promoters of Manappuram Group in the year 2007. After that the company concentrated mainly on the business of Loan against the security of Gold, SME Loan (Loan Against Property), Vehicle Loans, Business Loan etc.

The company is managed by a diversified board of eminent personalities with the support of well qualified professional and employees experienced in relevant field.