Manappuram Gold Loan – Interest Rates 2024, EMI Calculator

Manappuram Gold Loan – Get Info on Manappuram gold loan and Compare Interest rates, Features, and Eligibility of Manappuram Gold loan. Manappuram Finance provides quickest and hassle free loans.

മണപ്പുറം സ്വര്ണ വായ്പയെക്കുറിച്ചുള്ള വിവരങ്ങള്, മണിപ്പുല് ഗോൾഡ് ലോണിന്റെ യോഗ്യതാ പലിശയും ഫീസുകളും, യോഗ്യതയും താരതമ്യം ചെയ്യുക. മണപ്പുറം ഫിനാൻസ് വേഗമേറിയതും തടസ്സരഹിതവുമായ വായ്പകൾ നൽകുന്നു.

यहां मणप्पुरम गोल्ड लोन पर ब्याज दरों की जांच करें

India`s First Listed and Highest Credit Rated Gold Loan Company, registered under Reserve Bank of India, founded in 1949.

Who is eligible to avail Manappuram Gold loans? What security has to be provided?

Anyone who owns gold ornaments can avail the loan. (Note: minors are not eligible.) To obtain the loan you need to submit your gold jewellery (within a karat range of 18 to 24 k) at the branch. The loan amount that is sanctioned will be based on the gold valuation which involves verification of its purity. The weight of stones etc. fixed on the ornaments will be deducted for the purpose of valuation.

Manappuram Gold Loan or Loan against Gold

Avail Loan up to 1.5 Crore – Pledge your Gold Ornaments or Jewellery and draw cash against it. Depending on the net weight and purity of the gold, cash will be disbursed. Manappuram have various schemes that will enable you to make your favorable choice!

Loans up to 1.5 rupees.

• Draw instant Cash by pledging your Gold Ornaments and Jewellery.
• Higher loan amounts, depending on purity, net weight of the gold.
• Choose from a range of schemes; there’s one just right for your needs.
• Minimum Requirements: Only one recent ID—Voter ID/ Ration Card/ Driving License/ Passport. No time-consuming formalities involved.
• Pay interest only for the exact period of loan, and to the exact number of days.
• Different schemes for different needs, to suit all income groups.

Rebate in Gold loan Scheme:-

For regular monthly interest paying customers, the initial interest rate will be continued during the gold loan tenure.Interest rebate of 3% will be available in SX scheme, provided customer is regular in paying monthly interest (Tamilnadu only).The Customer can avail additional rebate subject to maximum of 1%, if the loan is disbursed through NEFT in all schemes except B1-N, B1+N, B2+ & SY.Prompt interest payment rebate of 0.5% for SX, XG, SG & SA schemes for providing email Id & phone number.

What are the documents required for taking loan against gold ornaments?

Are there any end-use restrictions involved?
We need one document of identity proof (such as ration card, driving licence, PAN Card, Voter ID card, passport etc.) and one document of residential proof. There are no end-use restrictions in gold loans.

What is the rate of interest charged on such loans? How is the interest calculated?
Base rate of interest is 12 percent. 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. The interest and risk premium is applicable only for the days the money was actually utilised. There are no prepayment penalties.

What happens if the loan amount is not repaid on the due date?
In case loan amount is not repaid on or before the due date, penal rate of interest is charged on the loan amount.

Manappuram Gold Loan EMI Calculator

For EMI Calculations you have to just enter your loan amount, Repayment period & Interest Rates.

Calculate Loans EMI Online Loan Amount Interest Rate (Reducing) % Per Annum Loan Tenure (in Months)   Monthly EMI Total Amount with Interest Total Interest Amount Yearly Interest Amount

Contact For Gold Loan Enquiries

Extended service – Sunday and Over light Loan facility

Please visit your nearest branch of Manappuram Finance to avail Gold Loan.

Alternatively, SMS GLOAN` to 56070.

Customer Service / Gold Loan Department
Mr. Hari P K (AGM) / Manikandan (M)
Mob: 099466 21999, 099461 45679