Your current earnings may not be enough to cover your personal demands in the face of rising costs of living. You may use a personal loan to cover your present costs for a short period of time.
With Manappuram personal loan, you may spend the cash as you see fit. This loan may be repaid in any settlement, including in monthly installments (EMIs). Manappuram offers up to 5 lakh personal loans with 60 months’ tenure.
Manappuram Personal Loan Quick Recap
| Loan amount | Up To 5 Lakh |
| Loan tenure | 12 months – 60 months |
| Interest rate | 13% p.a. |
| Processing fee | 1%-2% of Loan Amount + GST |
| Age | 18 – 56 years |
| Cibil Score | Not required |
| Eligible For | Salaried/ Self Employed |
What is Manappuram Finance?
One of India’s largest Gold Loans NBFCs is Manappuram Finance Ltd. It was created in the seaside town of Valapad in 1949 by Shri. V.P. Nandakumar, the present MD, and CEO (Thrissur District). When Manappuram Finance Ltd. was founded in 1992, the company grew rapidly. AUM of Rs. 252.25 billion and a staff of 27.726 are among the company’s 4622 subsidiaries, which include subsidiaries of international corporations, spread throughout 28 states and UTs in India, according to the company’s website.
Also Read: Simply Cash personal loan
Manappuram Personal Loan Benefits
- Once you’ve satisfied the basic eligibility requirements, you simply need to provide the bare minimum in documentation in order to get the loan.
- Fastest Personal Loan Disbursement: Manappuram Finance promises disbursement within 24 hours after loan approval.
- Loans up to Rs.5 lakh are available with flexible tenors, allowing you to fulfill any urgent financial need with ease. Flexible repayment terms of 12 months to 60 months allow you to borrow as much money as you need.
- The Manappuram Personal Loan is an unsecured loan, which means you don’t have to put up any collateral to get the money you need.
- Manappuram Personal Loan has no hidden fees or charges. We do not charge any additional fees. The terms and conditions of your loan include all the details you want.
Manappuram Personal Loan Eligibility
- Age should be at least 21 years or above for a salaried person
- Monthly income required Rs. 15,000
- Self-employed age should be 24 years to 65 years with a minimum 3 lakh per annum income.
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Documents For Manappuram Personal Loan
Salaried Individuals
- Passport-sized photos of recent age.
- Pay Salary slips from the previous three months, as well as a completed Form 16, if necessary.
- 6 months bank statement.
- KYC documents like Aadhaar Cards, Voter Cards, and Pan cards.
- Proof of Residence
Self Employed
- Passport-sized photos of recent age.
- For the last two years, IT returns.
- The previous three months the bank statement.
- Proof of your own identity.
- Proof of Residence.
Manappuram Personal Loan Fees & Charges
| Interest Rate | 13.00% p.a. onwards |
| Processing Fee | Up to 2% + GST |
| Minimum Income Required | Rs. 15,000 |
| Loan Approval Timing | 48 hours |
| Minimum Loan Amount | Rs. 50,000 |
| Maximum Loan Amount | Rs. 5 Lakh |
Also Read: Paysense Personal Loan
How to Apply For Manappuram Personal Loan
- In order to apply for a Manappuram Finance Personal Loan, please visit a branch office in your area.
- Using the internet, you can locate the closest branch.
- A representative from Manappuram will call you back if you fill out the ‘Enquire Now form.
- It’s possible to find out more about personal loans by using the chatbot ‘Ask Mira.”
- Contact the company’s sales department via phone at 0487-3050449.
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