Moneyboxx Finance Limited launches new product - 'Salaried LAP'

Moneyboxx Finance Limited has decided to expand its product portfolio by introducing a new product - "Salaried LAP" (Loan Against Property for Salaried Individuals).

This strategic launch represents a significant milestone in enhancing our service offering and strengthening our presence in the lending market. At present, the Company has been engaged in providing business loans to self-employed and business customers. With the introduction of Salaried LAP, we aim to serve a broader customer base by catering salaried individuals seeking secured loans. This initiative also marks a pivotal step in the diversification of the current product base as well as optimization of the asset portfolio of the Company.

Shares of Moneyboxx Finance Ltd was last trading in BSE at Rs. 185.75 as compared to the previous close of Rs. 186.00. The total number of shares traded during the day was 4435 in over 51 trades.

The stock hit an intraday high of Rs. 189.70 and intraday low of 184.00. The net turnover during the day was Rs. 825930.00.

Source : Equity Bulls

Keywords

MoneyboxxFinance INE296Q01012 NewProduct SalariedLAP