Experience. Our streamlined systems and procedures ensure that a gold loan can be availed in a matter of minutes. Also, the B4+ scheme is only available on the loan amount more than INR 1 crore. Company. The gold type can be a solid, chain, or with stones. The interest rate is fixed and calculated on a reducing balance basis. Sort by Popular; Sort by Recent; Sort by ... insurance, bonds etc. Also, we offer the highest LTV to those interested in availing the maximum amount of loan against their jewellery. You do not have to go through hassle of servicing EMIs every month. Documents Required for Manappuram Personal Loan: To apply for Manappuram Personal Loan, you will need to submit the following documents: Manappuram gold loan can be availed by anyone who is 18 years of age or older and able to prove that he/she is the owner of the gold articles. and one document of residential proof. Other than these methods, you can also make the repayment through the Manappuram Online Gold Loan Application at any time of the day from anywhere. The purity of your gold will be checked after which your loan amount will be decided. Do check them! Typically, such schemes will have a tenure of 3 months. Manappuram Online Gold Loan - Akshay Kumar - Hindi Full Version These details are your Name, Mobile Number, Email ID, State, Current City in which you are living, Gold Type, Weight of your gold (in gms), and required loan amount. The branch head then hands over the ornaments to the customer against his/her acknowledgement. Your precious gold will get absolutely free custody from Manappuram Limited, so you need not worry about the safety of your gold ornaments. In case of any clarifications/questions on the aforesaid details please. Once you submit your application form and supporting documents, we shall give approval within a matter of minutes provided everything is in order. It is important to know the repayment method through which you will repay the loan amount over the chosen tenure. No. The table below will have details like Interest Rate and tenures of different gold loan schemes provided by Manappuram Ltd. Now you have got enough information about several schemes provided by the Manappuram Gold, you must want to know about the application process for this loan. Security is about how well the gold is physically secured, and also about the internal systems and procedures at the company which ensure that there is no scope for any mala fide actions after the jewellery has been pledged. Immediate requirement. The weight of stones etc. On failing to meet the eligibility criteria, the application will be rejected by the lender. After the last step, you just visit the Official Website of the Manappuram or use the Mobile Application to get the loan amount into your savings bank account. Gold Loan - Manappuram Finance Ltd is a Kerela based NBFC (Non Banking Financial Comapany) which provides Online Gold Loan at 1%* Interest Rate, No Hidden Charges and Minimum Documentation . We do not give by way of exchange or transfer your personal data to any third party, except to our subsidiaries and to our service providers and vendors who we engage for various services subject to they confirm that the information so received will be confidential. You can check the eligibility criteria below. Apply online for Manappuram Gold Loan by comparing interest rates and eligibility criteria. Manappuram Gold Loan or Loan against Gold. Best Cashback & Rewards Credit Cards in India, Applicable only in Tamilnadu, A&N, & Pondicherry, Applicable only in Karnataka, Telangana, AP, J&K, Chandigarh, Punjab, Gujarat, Goa & Delhi, Applicable only Northern States Tier 1 Branch, Applicable only in Northern Branches other than Tier 1 Branches. However, the pledged ornaments will be released/handed back only at the branch from where the loan was originally availed. Choose according to the type of gold you have. Manappuram Finance Limited is pleased to introduce a new app for managing customers' Online Gold Loan and payments. Manappuram Finance Ltd. was incorporated in 1992 (the original name was Manappuram General Finance and Leasing Limited) with its registered office at Valapad, in the Thrissur District of Kerala. You can have a look at both of them below. Not mentioned. As soon as you feed all these details into the calculator, you will get the exact loan amount that you could get with the help of Manappuram Gold Loan. Speak to us. This is the reason so many people have it as the first choice when they look for a gold loan to fulfill their needs. Manappuram provides gold loans upto INR 1.5 crore depending on the value of the precious yellow metal. So look closely at the set of documents mentioned below. We suggest all users to never pay any upfront amount for any loan disbursal and if any person who call you as representative of MMPL and ask for any amount report the incident immediately via putting us a mail at [email protected] Read More. Manappuram gold loan is a loan against gold ornaments within minutes. You repay the loan at the end of the loan tenure. To obtain the loan you need to submit your gold jewellery (within a karat range of 18 to 24 k) at the branch. You will have to submit a few documents to complete the application process. You can know those steps below. You also need to remember that interest rates will also depend on the loan-to-value (LTV), hence a higher LTV will attract higher interest rates automatically. After this, you will have to register for the Online Gold Service and also link your savings bank account into which you want the loan amount. Apart from this, there is another method by which you can also know the maximum loan amount. You just need a basic phone from which you have to send a text message ‘GLOAN’ to 56070. Loans up to 1.5 rupees. a) High loan to value: These schemes offer the maximum amount of loan per gram. Since its advent into the financial systems of the state, Manappuram Finance Limited has become the preferred choice of financial services for all sectors, in 1489 serving their entire credit requirements. The carat range of your gold jewelry must be between 18 to 24 carat. Cookies help us see which articles most interest you; allow you to permit us to deliver content tailored to your interests and locations; and provide many other site benefits. Well, there are mainly two methods by which you can apply for it – Offline and Online. Product/Service. Tier 1 Branches are located in Mumbai, Mumbai City, Pune, Lucknow, Kanpur Dehat, Kanpur Nagar, Kolkata, Bhopal, Indore, Cuttack & Khordha districts. All rights reserved. One can get up to Rs.5 lakhs personal loan at interests starting at just 13%, which can be repaid over 60 months. An individual just has to present his/her gold ornaments or jewelry as the collateral to get the maximum loan amount against the same. This is an app for a fully digital loan where the eligibility is based on the applicant’s repayment track record in Manappuram Online Gold Loan. Other than this, you can send an email to [email protected], Disclaimer: MMPL does not sell any loans on our own and do not charge any fee from any customers/viewers. © 2021 Manappuram Finance Limited. Moreover, we also send auction intimation prior to the auction. Want to get Loan Against your Gold? You just have to find the nearest branch of Manappuram Ltd. After finding it, you only have to go there with your gold ornaments and jewelry where the overall value of it will be assessed and then you will know the maximum loan amount you could get. This one app does many things for you and it could be the perfect financial partner for you. Kindly get in touch with the staff at the branch nearest to where you are located. So the higher your gold value would be, the higher the loan amount you can get. Assuming all other factors remain the same, a higher LTV loan will have higher interest rates than a lower LTV loan. Gold ornaments accepted as pledge by the customers are stored at the branches in strong safe / strong room built to the standards and specifications applicable to commercial banks. You just have to tell them your problem, and they will solve any query of yours as soon as possible. Enquiries about outstanding amount etc. Job Type. Not mentioned . Currently, the company has 4208 branches in 28 states of India with a workforce of around 24,717. map Map list List. The carat range of your gold jewelry must be between 18 to 24 carat. Manappuram Finance Limited is among the most popular and the most trusted gold loan providers in India. You can opt for a loan amount as high as INR 1.5 crore against your gold ornaments and jewelry. Check Manappuram Gold Loan Per Gram with Dialabank. But there’s one thing you need to keep in mind that you can only get the pledged ornaments from the original branch where you would submit. Manappuram Ltd. could be the most suitable choice for you! With this wonderful app, you cannot only apply for the loan anywhere anytime but also make the interest payment, check your loan statement, or even find the nearest Manappuram branch. Moreover, personal loans require considerable effort in documentation formalities and they commit you to an inflexible EMI schedule for repayment. The value of your gold will be assessed by the lender through a certified and trustable process. If you want a link to download this app on your phone, you can feed your mobile number on the official website of Manappuram Limited. Full Time Jobs. Apart from the eligibility, you will also need to submit a few documents to authenticate your candidature. The online method is known as the Manappuram Online Gold Loan. through this mobile application itself, without having to visit our branch. Manappuram serves a reminder to its overdue accounts apart from periodic SMS reminders to our customers to alert them to the overdue in the account. Over the past decade, the people not only buy Gold as a tradition but also to keep it as security which they can exchange or pledge in times of need. Interest is calculated on daily product basis on the amount of loan outstanding at the end of the day. Apart from banks such as SBI, ICICI Bank, HDFC Bank etc., non-banking finance companies (NBFCs) also offer gold loans to individuals. Location. Anyone who owns gold ornaments can avail the loan. Go Digital the easy way, with Manappuram Finance. Incidentally, gold loans can be availed at our branches for amounts as low as a thousand rupees and as high as 1.5 crore rupees & even above 1.5 crore as exception. While you digitally interact in our web site you may be sharing personal information, including name contact details etc, when you chose to register, submit enquiries, engaging in digital chats, subscription to newsletters etc. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. We use cookies (if you allow when being asked while you are browsing) to capture and memorise certain information including to understand and track your preferences which we may use during your subsequent web visits. Manappuram Finance Limited introduced Online Gold Loan in 2016. Showing. You can take a loan, pay the instalment, check your loan statement, settle the loan etc. The whole process is quite easy and hassle-free. The documentation process is digital and minimal. You can get Manappuram Gold Loan against gold jewellery to meet an urgent need of cash. Manappuram Personal Loans lets the common man fulfil his personal dreams at best interest rates and comfortable tenures. Know about the various schemes, applicable interest rates and maximum loan eligibility. The choice of loan products should cover the range from high LTV (loan to value) to low LTV, with appropriate variations in interest rates. 60 as defined in Income-tax Rules,1962. Gold Loan - Manappuram Finance Ltd is a Kerela based NBFC (Non Banking Financial Comapany) which provides Online Gold Loan at 1%* Interest Rate, No Hidden Charges and Minimum Documentation . Avail a gold loan anytime, from anywhere in the world. There are no prepayment penalties. Our gold loan schemes fall broadly into following categories: The loan is also processed quickly with just simple documentation. For this, you don’t need to go anywhere. Manappuram Gold loans may be availed for any amount between Rs.1,000 to a maximum of Rs.1.5 crore. Also, this tool can be used by anyone irrespective of what educational background he or she has. The interest and risk premium is applicable only for the days the money was actually utilised. In addition to the transparency, security and range of its gold loan products (as mentioned above), Manappuram Finance distinguishes itself from others primarily on the basis of the ease with which gold loans can be availed from our branches. The only requirement is that borrowers present themselves at our branches with the gold jewellery and with a valid ID and address proof. This is an amazing tool with which you can know the exact amount by feeding a few details. However, depending upon how high the loan to value (LTV) is, additional interest (amounting to risk premium) ranging from 3-12 percent is charged over and above the base rate. Payment using pledge No. Monthly compounding interest is charged, which the borrower has to pay at the specified periodicity or at the closure of loan, whichever is earlier. Information about branches convenient to you can be easily obtained from our website by following this link: https://manappuram.com/branches/. The customer has to submit the pawn ticket (given to them at the time of taking loan) to the counter staff at the branch with a request to close the loan account. (Note: minors are not eligible.) Transparency would help the customer see for himself what he gets in return for what he pays. The staff will enquire into your account in the (computer) system and inform you of the outstanding loan amount (principal + interest accrued). However, interest has to be serviced periodically, as per the terms of sanction. With the new Online Gold Loan (OGL) from Manappuram Finance Limited, we combine the power of technology and our trusted safelock facility to bring you convenience as never before. Do you know that it is one of India’s first and highest credit rated Gold Loan providers? Manappuram Finance Limited is a non-banking financial service that was established in 1949 in the coastal village of Vallapad. Get loan against gold jewellery from Manappuram at Golduno. Personal loan is sanctioned on the basis of source of income and repayment capacity of an applicant. Repayments can be made in cash,or Online Paymnets by cheque or DD. How to use the Manappuram Gold Loan Eligibility Calculator? Personal loans and credit card borrowings are unsecured loans and therefore may carry a higher rate of interest. The most important things from the customer’s perspective are transparency, security and choice of loan product to suit individual requirements. Instructions on how to make such online payments are given on ONLINE GOLD LOAN section of this website. There are no end-use restrictions in gold loans. At the same time, in keeping with the extra risk, the interest cost to the borrower is higher. Though, you will have to pay the interest amount periodically as you will agree upon at the time of application. You will also have the freedom to enjoy liquidity on your gold anytime. The loan amount that is sanctioned will be based on the gold valuation which involves verification of its purity. Customers are counselled to service the interest on a monthly basis, to avoid risk of default. This method is to use the Manappuram Gold Loan Eligibility Calculator. search. We are providing you some reasons because of which it would be best for you to opt for an online gold loan. Manappuram Finance Limited is pleased to introduce a new app for managing customers' Online Gold Loan and payments. The first step would be to visit the nearest Manappuram Limited branch to submit your valuable gold ornaments. Moreover, electronic surveillance technology is deployed to protect the gold. 20,000 - 50,000. Facebook is showing information to help you better understand the purpose of a Page. For more information, please review ourPrivacy Policy. However, we recommend transactions through bank account, as it comply regulations. Our products are tailored not to the income group of the customer, but to relevant considerations like how much loan customers would like to avail against a given item of jewellery, and their comfort levels with respect to the interest rate and periodicity of repayment of interest and principal. The main features of this app are: -Online Gold Loan … Read on to know more about this gold loan facility. By depositing the outstanding loan amount with up to date interest, the loan account is closed. 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