Manappuram

Employees Welfare Trust

About the Trust

Manappuram Employees Welfare Trust is a Charitable Trust established in March 2024 and registered under Sec 10(23 AAA) of IT Act, 1961.The Manappuram Employees Welfare Trust aims to provide welfare measures to needy employees or individuals and institutions across the country.

Granting Financial Support

Granting benefits in the form of financial support at the time of need to the employees/institutions, who have for one reason or other fallen in to distress and undergoing distress.

Educational Aid

To aid and promote educational facilities/activities for the needy and to advance stipends or grants to the needy for the purpose of education

Bereavement scheme

To provide cash benefits to the dependants of a member of the Trust in the event of the death of such member.

Objectives fulfillment

To take all necessary steps for the objectives fulfillment.

Satheeshkumar M

Message From Managing Trustee

Dear Friends,

In this third year, after inception of Manappuram Employees Welfare Trust, fear of another wave of corona COVID-19 affecting our workforce was a real danger. Most of our employees got vaccinated and remained safe was a relief. Our most significant achievement was, we were able to support 1116 employees and dependents who were affected by covid, through Covid Assistance Scheme. I am grateful to the generosity of each and every MAFIL employee contributing to the Trust and thereby supporting for the well being of employees in this organization. We could also support eight families of the deceased employees by providing scholarship to their kids .I would like to place on record appreciation for Trust members and other office bearers for processing each claim in a judicious manner.

This was most effective way to connect with the needy employees, dependents and other individ-uals who really needed our help.

We will continue to focus on welfare of employees and public through various schemes.


Welfare Schemes

  1. MA SUMANGALI Trust offers aid to employees or their dependents for marriage related expenses.
  2. MA VIDYA Childrens Educational Scholarship- Trust provides scholarship to support the education of children.
  3. MA SANJEEVANI The Trust supports medical expenses to ensure that health care is accessible to those in need.
  4. MA ASRAYA The scheme provides scholarships to students who experienced loss of a parent.
  5. MA SWANTHAN This scheme supports the family of a deceased employee during the period of bereavement and employee who is in grief due to the loss of a dependent
  6. MA SATHI Trust offers medical assistance to the needy disabled persons for reducing the effects of disabilities.
  7. MA SAMMAN Employee Recognition Policy is for recognising employees on their 10th 15th , 20th, and 25th work Anniversaries
  8. MA AVAS To provide shelter for eligible individuals, who does not have their own house or means for building a house of their own.
  9. MA CARE This policy is introduced to provide maternity care for 'mother-to-be' with the intention to encourage female employees to continue working after childbirth and thus retain them. Female employees who are pregnant and female employees who underwent miscarriage can avail of benefits under this policy after submitting an application through the module.
  10. MA SHANTHI A portion of the Welfare Trust fund is allocated for charitable activities, especially for the benefit of the public at large.
  11. MA SARATHI Manappuram Employees welfare Trust proposes a new welfare policy, which aims to lead employees to select an eco-friendly vehicle through which our organisation will be a part of the international drive to reduce greenhouse gas emissions.

Board of Trustees

Shri. Satheeshkumar M Managing Trustee

Mr Satheeshkumar M holds a bachelor degree in history with various professional courses like Digital Marketing (from Wharton University), Digital Marketing from IIM Kashipur, Credit underwriting (from Moodys) etc. He has around 32 years of experience in Manappuram Finance heading various departments like Operations, HR, Marketing, Sales, Vigilance and IT.

R Jayakrishnan Trustee

Mr. R.Jayakrishnan is having 39 years of total experience in bank and Chief Credit Officer at MAFIL since August 2022, is a retired Deputy General Manager of the Central Bank of India. He holds a B.Com degree and is a CAIIB-certified professional.

Shri.Abilash P B Trustee

Mr.Abilash P B has more than 25 years of experience within the Manappuram Group, serving in various key positions. Joint in Manappuram Group as Jr.Asst in branch and currently working as Chief Credit Monitor (GM) in HO MAFIL. In this 25-year service period worked in Branch, HO Operations, Audit Dept, Accounts Dept, RM-Mumbai, ZM-North Zone, GL dept at HO, Risk Management, Recovery & Auction, CEO-Maafin (10 years) and currently as Chief Credit Monitor-MAFIL.

Shri. Joshy V K Trustee

Mr. Joshy V K is having 28 years of total experience in corporate and 26 years of experience in Manappuram Finance Ltd. Served in departments like Gold loan, NCD Marketing, Marketing, Operations, Online Gold Loan, Commercial Vehicle Finance, and HR. From 18/2/2022 onwards, started working in his current profile of VP HR. He holds a bachelor’s degree in Commerce, MBA, a Professional Certificate Programme in Digital Marketing (Wharton University, Peninsyl- Vania and Executive Development program in Operations Management (IIM Raipur) and Certificate Programme in Leadership and Change Management (IIM, Tiruchirappalli).

Shri. Nandakumar P B Trustee

Mr. Nandakumar P B Started career in MAFIL in the year 1995. Joined MACOM in the year 2012. Now Mr. Nandakumar is having a collective experience of 27 years in Finance and IT. He is holding MBA in Finance

Shri. Neena K P Trustee

Former HR Head of Manappuram Finance Ltd . Worked in Manappuram Finance Ltd in different verticals including operations, administration and has a collective experience of more than 22 years in NBFC. She holds, MBA, Post Graduate Diploma in HR & Labour Law. Currently she is working as Head HR Asirvad Micro Finance.

Contact :
: 0487 30 50 126
: ew@manappuram.com

We Care Technical Support :
: wecaresupport@matrust.in

Address :

Manappuram Employees Welfare Trust
Building No 663/G, First Floor, Aadhi Bakery Building,
Opposite MAcare Opticals,Valapad P.O.
Trissur District, Pin 680567 of Kerala.
Manappuram Employees Welfare Trust