Introduction

Manappuram Restaurant Finance dept offer loans to Restaurants and Food industries. Expand your business dreams with manappuram business loans.

You can get a business Loan from Rs. 50,000 to Rs 15,00,000(Fifteen lakh) with minimal documentation and speedy approval from Manappuram Finance Limited.

Restaurant Finance

Eligible Entities

  • All Hospitality Sector – Food and Drink services (Proprietorship, Partnership Firm, Private Limited Company)

Eligible Entities Examples

  • Hotel
  • Restaurant
  • Lodges
  • Bakery
  • Tea Shop
  • Fruits Shop
  • General Shop-Food and Drink Service
  • Meat Shop
  • Fast Food
  • Milk dairy
  • Canteen and catering service

Purpose of Loans

  • Working Capital Finance
  • Purchase of new Equipment / Machine along with accessories and incidental expenses
  • Purchase of used Equipment / Machine along with accessories and incidental expenses
  • Expansion of Business
  • Interior development
  • Shop Improvement works such as additional rooms, fitting of A/c, fixing of sign board, tiling and flooring, internal and external painting, renovation etc.
  • Purchase/takeover of existing business

Secured Business loan

Secured Business loan

Features of Product

  • Loan up to 15 lakhs.
  • Loan within 48 hours
  • Lowest Interest rate (16%Onwards*)
  • Tenure - 12 Months to 84 Months
  • Flexible EMI
  • Eligible entities – all Hospitality Sector
  • Minimum documentation
  • Low processing fee
  • Doorstep service available
  • Loan insurance facility available
  • Minimum 24 months and above business stability required

Documents required

  • 6 Month above business Stability Proof
  • Current year shop license
  • Latest 1 year bank statement
  • Current year land tax receipt/EC
  • Cheque leafs
  • Original property documents and EC
  • Business income bills/Manual income assessment

Unsecured Business loan

Unsecured Business loan

Features of Product

  • Loan sanction within 24 hours
  • Loan up to 3 lakhs.
  • Tenure - 12 Months to 36 Months
  • Flexible EMI
  • Eligible entities – all manufacturing and small-scale industries
  • Minimum documentation
  • Low processing fee
  • Doorstep service available
  • Loan insurance facility available
  • Minimum 6 months and above business stability required

Documents required

  • 12 Month above business Stability Proof
  • Current year shop license
  • Latest 6 Month bank statement
  • Current year land tax receipt/EC
  • Cheque leafs
  • Business income bills/Manual income assessment

Repayment

EMI based, NACH, Post-dated Cheques, Online Payment and also through all the gold loan branches of Manappuram Finance Limited.

Penal charges will be charged @1.5% per month on overdue amount for actual days of due

Contact Officials

PostStateOfficial Contact Number
Branch ManagerAndhra Pradesh8714639992
Sales HeadAndhra Pradesh8714639990
Branch ManagerKarnataka8714639987
Sales HeadKarnataka9567188945
Business HeadKerala9072607147
Branch ManagerTamil Nadu8714639993
Sales HeadTamil Nadu8714639995

Leads Sending Mail id : [email protected] 

Enquire Now

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