Personal Loan Benefits

In these unpredictable times, especially with the ever-increasing cost of living, our financial planning may sometimes go haywire. Often, we face a situation where our limited savings may not be sufficient to meet all our essential personal needs. This is where a Personal Loan becomes very helpful. This is a kind of short-term to medium-term loan that helps meet your current expenses. Manappuram Finance provides you with the flexibility to use the funds as per your needs. You may repay the amount by equated monthly instalments (EMI) or as per any other agreed upon repayment schedule. A 100% paperless process, the Manappuram Personal Loan App and ‘MaMoney’ make instant loans hassle-free, fast, and convenient. Get ready to experience the various benefits of the instant digital loan app.

Advantages of Personal Loan

Advantages of Personal Loan

Manappuram Finance offers Personal Loans to salaried individuals and self-employed professionals.

  • Instant Loan Disbursement.
  • Borrow up to Rs.5 lakhs without the need to pledge any collateral.
  • Easy and minimal documentation.
  • Interest rate from 12% onwards
  • Repay your loan with ease with flexible loan repayment tenors ranging from 3 months to 60 months.
  •  Penal Charges 1.5% per month

Recovery Agencies

Recovery Agencies
  • Dhruva Associate - (Inactive)
  • Jobel Associates - (Inactive)
  • Focus - (Inactive)
  • Ahalya Solutions - (Inactive)
  • Payway Solutions - (Inactive)
  • Spocto Solutions Private Limited - (Inactive)
  • Vtpatra Technologtes Prtvate Limited - (Active)

Digital Personal Loan Privacy Policy

Digital Personal Loan Teams and conditions

Digital Personal Loan Sachet Portal (RBI)

Digital Personal Loan Third Party Data Sharing

Digital Personal Loan Complaint Registrar Portal

Features Of Manappuram Personal Loan

Instant Disbursal

Instant Disbursal

Disbursal within a few minutes. Download the app, enter your personal details, complete your KYC, apply and get the amount disbursed within minutes.
Minimal Documentation

Minimal Documentation

100% paperless. Just enter your name, address, PAN or Aadhaar details for quick KYC verification
Loan up to Rs 5 Lakh and Flexible EMI Options

Loan up to Rs 5 Lakh and Flexible EMI Options

With loans up to Rs 5 lakh, you can meet any pressing financial obligation without hassle. With Manappuram’s flexible EMI options, you can repay the loan at your convenience. The loan repayment tenure goes up to 60 months.
Fully Paperless Process

Fully Paperless Process

The entire loan journey -- from application to disbursal -- is 100% paperless.
Attractive Interest Rates

No hidden Charges

Manappuram offers instant digital loans at attractive interest rates starting from 12% p.a.
No Collateral Required

No Collateral Required

Manappuram Personal Loan is unsecured – this means you can borrow the money that you need without having to worry about pledging collateral security.

Factors Affecting Instant Digital Loan Interest

Bureau Score

Bureau Score

Bureau score of 650 or above could help you get an instant Digital Personal Loan in a few minutes at low interest rates. The interest rate could be higher if you have a poor Bureau score
Poor Repayment History

Poor Repayment History

A borrower's poor loan repayment record affects bureau score, which in turn affects their future loan approvals and interest rates. Avoid loan defaults and maintain a high bureau score to get the best loan


Applicants with a steady source of income may qualify for lower interest rates. However, the final interest rate offered depends on multiple factors such as your repayment capacity, bureau history, etc.

Frequently Asked Questions

How can I get a Personal Loan?

In salaried category

  • Keep your PAN ID and OVD
  • Latest 3 month Wage slip or Salary certificate
  • Latest 6 month bank statement
  • Self-employed professionals/non-professionals are additionally required to submit Income tax returns/ GST/ Audited income statement and have minimum of 2 years experience in the current business.

What is the minimum income required for a Personal Loan?

In salaried category

  • Minimum monthly  Salary or Income of Rs. 20,000/-

What is the Manappuram Digital Personal Loan and how can I apply for one?

Manappuram's Digital Personal Loan and MaMoney are paperless and hassle-free loan apps. We do not ask for any physical documentation and you don’t have to fill up any paper-based application forms. Apply for the loan at your convenience by clicking on the 'Apply Now' button to complete the fully digital online application process on this page or download our Digital Personal Loan app from the Google Play Store. There’s no need to visit a branch, as you get the loan amount directly credited to your bank account.

What is the maximum amount I can get?

It is a pre-approved loan for the existing gold loan customers, and the loan amount is estimated based on the customer’s track record with Manappuram, including gold loan and other facilities. The minimum loan amount is ₹ 5,000/- and it goes up to a maximum of ₹ 500,000/-.

What will be my loan tenure?

The loan tenure depends on eligibility and generally ranges from 3 months up to 60 months.

What is the processing fee for the Digital Personal Loan?

There is a one-time processing fee of 3 to 6% of the loan amount (excluding taxes). The processing fee is deducted from your loan amount on disbursal. There are no recurring fees.

What are the different charges and the rate of interest?

Manappuram's Digital Personal Loan comes with attractive interest rates starting from 12% p.a. There are no hidden charges.

It is a fixed interest rate product and, importantly, the interest is applied on the reducing balance.

Other charges such as late payment charges and Cheque/ACH dishonour charges are only applicable if the customer fails to pay their EMIs on time.

How much time does it take to complete the process of Digital Personal Loan?

The Digital Personal Loan application process is designed to be completed within a few minutes on the go via your mobile phone. Once you complete the application process, the loan amount, after deducting the processing fee, insurance premium and applicable taxes will be credited to your linked bank account.

What information/documentation do I need to provide?

Applying for a Manappuram Digital Personal Loan is completely paperless. You only need to provide OVD, PAN, personal and nominee details.

What is the procedure and conditions for foreclosure/ part payment?

The prepayment /part payment amount will be adjusted against future EMIs or adjusted against last EMI instalments. You can foreclose the loan at any time by paying foreclosure interest at the rate of 4% of the outstanding principal. (Applicable taxes are extra)

How do I pay my EMI?

Payment of personal loan EMI can be made through the Mobile App by clicking on the instalment button. Please ensure that your bank account is sufficiently funded at least two days before the EMI due date. Customers can utilise one of the many available modes to make the payment, like Debit card, Net banking and UPI. Customer may also pay the instalment offline through our branches.

How do I get the repayment schedule and loan agreement?

You can view and download the agreement by clicking on the Terms & Conditions hyperlink. Once you take the personal loan, you may download the repayment/loan schedule by clicking on the instalment schedule.

If I need any additional support, what should I do?

Please contact below telephone numbers/ email for help:
0487 3050 454, 0487 3050 308
1800 420 22 33 (24 hours)
email: [email protected] [email protected]

Customer Security Tips

Do's and Don'ts

Please do not share  KYC documents with unauthorised persons or on unverified/ unauthorized Apps

Report such Apps to the law enforcement agencies concerned or use RBI's Sachet portal ( to file an online complaint with RBI.

Mobile Security Precautions


  1. Password protect the mobile phone and never give your mobile phone to anyone.
  2. Choose a strong password to keep your account and data safe.
  3. Review your account statements frequently to check for any unauthorised transactions.
  4. Change your PIN regularly.
  5. Report a lost or stolen phone immediately to your service provider and law enforcement authorities.


  1. Never give your PIN or confidential information to anyone over the phone or internet. Never share these details with anyone.
  2. Don't click on links embedded in emails/social networking sites claiming to be from MAFIL or representing MAFIL.
  3. Don't transfer funds without due validation of the recipient, as funds once transferred cannot be reversed.
  4. Don't store sensitive information such as credit card details, mobile banking password and user ID in a separate folder on your phone.
  5. Don't forget to inform MAFIL of changes in your mobile number to ensure that SMS notifications are not sent to someone else.
  6. Never reveal or write down PINs or retain any email or paper communication from MAFIL with regard to the PIN or password
  7. Be cautious while accepting offers such as caller tunes or dialer tunes or open/download emails or attachments from known or unknown sources
  8. Be cautious while using Bluetooth in public places, as someone may access your confidential data/information

Secure Phone Banking

  1. While talking to the Phone Banking officer, never disclose the following:
    • 4 digit ATM/IVR PIN
    • OTP
    • Net Banking password
    • CVV (Card Verification Value)
  2. Ensure that no one sees you entering you PIN (personal identification number).
  3. Avoid giving verification details to the Phone Banking officer while in public places.
  4. The Phone Banking channel is meant to be used by the account holder only. Do not transfer the line or hand over the phone to any other person after you complete self-authentication.

Secure Computer Usage

  1. Use licensed software. Software purchased from untrustworthy sources could have virus or trojans that could corrupt your files and reveal your confidential data.
  2. Protect your computer accounts with strong passwords
  3. Update your computer with latest security patches for your operating system, browser and email client.
  4. Use anti-virus, anti-spyware and personal firewalls

Creating Safe and Secure Passwords – Do’s

  1. Keep alphanumeric passwords that are at least 8 characters long. Mix upper and lowercase letters, and special characters like $, @, *, etc.
  2. Be creative and think of a password that is really different as well as difficult to guess. You can use phrases in sentences such as "nature's wrath tsunami" to frame your passwords as they are easy to remember and difficult to crack.
  3. Place punctuation or numbers randomly.


  1. Don’t use dictionary-based words, your spouse’s name or your date of birth. These are easy to crack or guess.
  2. Don’t use sequences of letters or numbers. E.g.: abcd1234. asdfg123 etc.
  3. Do not keep the same passwords for multiple accounts. Once hackers have guessed one password, they’ll often try to see if it works on other accounts.
  4. Do not write down your passwords.
  5. Don’t use personal information like your name, date of birth, PAN number, etc.
  6. Change your passwords once every three months.

Protecting Your Password

  1. Memorize your PIN. Don’t write down your password or PIN anywhere especially not on your card.
  2. Change your PIN/passwords at regular intervals.
  3. If you suspect that someone knows your PIN/Password, change it immediately.
  4. Don’t send your password or PIN to anyone via email or text message.
  5. Don’t say your password or PIN aloud in public where other people can hear you.
  6. Don’t have your browser remember your card/account password.

Secure Internet Browsing

  1. Observe click discipline while browsing through different websites. You may land up clicking on to malicious link that could download malicious code / software or virus on to your computer.
  2. Downloading software from non-trustworthy sites including torrent sites may lead to infecting your computer with virus.
  3. Read privacy policy of the website before entering personal information such as name and email ID. Be aware of how your information would be used by the website owner.

For Enquiries Please Contact

Manappuram Finance, Land Line: 0487 3050454, 308

Email: [email protected]

For Customer Complaints: [email protected]

In case the complaint is not resolved within the given time or if he/she is not satisfied with the solution provided by CRM, the customer can approach the Nodal Grievance redressal Officer for Digital Lending.

Name: Mr. Guhan D
Customer Service Cell,Manappuram Finance Limited
W - 4/ 638 A Manappuram House, P.O.
Valapad,Thrissur, Kerala, India - 680 567
Ph: 0487 3050238
email: [email protected]