Income Generating Gold Loan
Gold-Backed Funding for Business & Agriculture and Allied Activities with Manappuram

Let gold power your business goals with Manappuram IGL Loan

For many entrepreneurs and small business owners, growth is often linked to the availability of immediate capital. Whether it is an unexpected inventory requirement or a seasonal spike in agricultural or business needs, timely financing can help turn plans into action.

Our Income Generating Loan lets you access funds against the value of your gold (up to 85%), providing the funds needed to support productive business and agriculture and allied activities. With quick access to capital, you can pursue growth opportunities and manage your financial needs with greater confidence.

Note: All loans are subject to eligibility, documentation, and underwriting as per our policies. 

What is an Income Generating Gold Loan?

An income generating gold loan is a specialised gold-backed financing solution designed for individuals engaged in income-generating activities.

By pledging eligible gold as collateral, borrowers can obtain funding for business expansion, working capital requirements, agricultural needs, manufacturing activities, trading operations and other productive purposes.

Unlike conventional borrowing options that often involve extensive documentation and lengthy processing timelines, an income generating gold loan provides quick access to funds while offering competitive borrowing costs and flexible repayment structures.

Who is an Income Generating Gold Loan For?

An income generating gold loan is designed for individuals who need quick access to funds to support income-generating activities. These include:

• Small business owners
• MSME operators
• Traders and wholesalers
• Retail business owners
• Manufacturers
• Service providers
• Self-employed professionals
• Farmers

Key Features of Income Generating Gold Loan

• High Loan Amount

  Eligible customers can avail gold loans for working capital and other business-related activities ranging from ₹50,000 to ₹5 crore under select schemes. This enables businesses of varying sizes to meet their funding requirements.

• Attractive Loan-to-Value Ratio

  Borrowers can benefit from Loan-to-Value (LTV) ratios of up to 85% under eligible schemes, maximising the value of pledged gold.

• Flexible Repayment Options

  You can choose from:

  • Monthly Interest (MII)
  • Quarterly Interest (QII)

  This flexibility allows borrowers to align repayments with business cash flows.

• Competitive Interest Rates

  The income generating gold loan interest rate starts at just 10.40% p.a., helping businesses manage borrowing costs effectively.

• Quick Processing

  Since the gold loan for business is secured against gold, approvals and disbursements are significantly faster than many unsecured financing options.

Income Generating Gold Loan – Interest Rates & Charges

Eligible End Use

The loan amount can be used across a wide range of sectors, enabling borrowers to meet operational expenses, invest in expansion opportunities and strengthen their income streams.

Eligible end uses are:

• Agricultural activities, such as purchasing seeds, fertilisers, pesticides, farm equipment, irrigation resources and other inputs required for cultivation.
• Manufacturing operations, including the procurement of raw materials, machinery maintenance, production expenses and capacity enhancement initiatives.
• Trading activities, including inventory purchases, stock replenishment, supply chain management and working capital needs.
• Other economic activities that support self-employment, entrepreneurship and income generation.
• Agri-allied activities, including:
  • Dairy farming, for the purchase of cattle, feed, equipment and dairy-related infrastructure.
  • Fisheries and aquaculture, including pond maintenance, feed procurement and operational expenses.
  • Animal husbandry, covering livestock rearing, healthcare and related farm requirements.
  • Poultry farming, including the purchase of chicks, feed, housing and farm maintenance.
  • Bee-keeping, for hive management, equipment procurement and honey production activities.
  • Sericulture, including expenses related to silkworm rearing and silk production.
  • Other allied agricultural activities contributing to sustainable rural livelihoods and income generation.

Eligibility & Documents Required

Income Generating Gold Loan Eligibility

To apply, applicants should:

• Be at least 18 years of age.

Income Generating Gold Loan Documents

The required gold loan documents include:

• Proof of Identity: Aadhaar card, PAN card, passport or Voter ID.
• Proof of Address: Aadhaar card, passport or driving licence.
• Business/Agriculture Proof: Documentation related to your agricultural land or business.

Income Generating Gold Loan vs Regular Gold Loan

How to Apply for an Income Generating Gold Loan?

1. Visit your nearest Manappuram Finance Limited branch with the gold jewellery you wish to pledge as collateral and submit the required documents.
2. Our trained professionals will evaluate the pledged gold to determine its purity and weight. Based on this, the eligible loan amount will be calculated.
3. Choose an income generating gold loan scheme that best suits your funding requirements. The branch team will explain the applicable interest rate, charges, tenure and repayment terms.
4. Complete the necessary application and documentation formalities after reviewing the loan terms and conditions. Upon successful verification and approval, the loan amount will be disbursed.