Medallion Financial Corp.
Medallion Financial Corp. (NASDAQ: MFIN) is trading at $12.00, about ₹1,151 at today's USD/INR rate, as of 28 Sep 2026, 2:03 PM ET, up 0.35% today. Indian residents can buy Medallion Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$11.83
Today's high
$12.06
52 week low
$7.85
52 week high
$12.26
MFIN opened at $11.96, closed previously at $11.96, and has traded between $7.85 and $12.26 over the past 52 weeks.
About
Medallion Financial Corp. (MFIN), encompassing its various subsidiaries, functions as a diversified financial services provider throughout the United States. The company's operations are distinctly segmented into Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. MFIN specializes in extending credit for consumer acquisitions of recreational vehicles, boats, and trailers, as well as for residential improvement projects. Furthermore, it offers commercial financing for business purposes, including the procurement of equipment, the establishment of new ventures, or the acquisition and enhancement of existing businesses. A notable segment involves providing loans for taxi medallions to individual operators and small to medium-sized enterprises. Beyond direct lending, Medallion Financial also allocates debt, mezzanine, and equity investment capital to companies across various industries, while additionally engaging in deposit-taking and other banking services. Established in 1995, Medallion Financial Corp. maintains its primary office in New York City, New York.
Key statistics
Avg. volume
78.81K
Market cap
$277.40M
P/E Ratio
8.57
Price-to-sales ratio
0.80
Enterprise value
$417.34M
Free cash flow yield
57.51%
Debt-to-equity ratio
0.85
Return on equity
8.86%
ROIC
3.14%
Beta
0.79
Dividend yield
4.33%
Last dividend
$0.52
Financial overview
Revenue
$353.31M
Earnings per share
$1.89
Free cash flow
$126.28M
Net profit margin
10.38%
Gross margin
83.07%
EBITDA
$186.63M
Revenue growth
21.09%
Similar securities
This is not an investment recommendation
How to buy Medallion Financial from India
Indian residents can buy Medallion Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Medallion Financial and place an order
Find Medallion Financial by name or by its ticker, MFIN, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Medallion Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Medallion Financial position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Medallion Financial from India
Trading and taxes when buying Medallion Financial from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Medallion Financial’s current yield is 4.33%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Medallion Financial stock?
Yes. Medallion Financial (MFIN) has been listed on NASDAQ since 1996, in the Financial - Credit Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Medallion Financial share cost in rupees?
One Medallion Financial share is $12.00 — about ₹1,151 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Medallion Financial price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Medallion Financial from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Medallion Financial?
Yes. One Medallion Financial share is $12.00, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Medallion Financial.
How are gains on Medallion Financial shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Medallion Financial price. Paasa issues a capital-gains statement for your return.
Does Medallion Financial pay a dividend, and how is it taxed in India?
Yes. Medallion Financial pays a dividend and the current yield is 4.33%; the last declared dividend was $0.52 per share, about ₹49.88. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Medallion Financial from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Medallion Financial shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Medallion Financial shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Medallion Financial holding, its cost and its closing value.
How do I sell Medallion Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.