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. Manappuram Finance offers Personal Loans to salaried individuals and self-employed professionals. Disbursal within a few minutes. Download the app, enter your personal details, complete your KYC, apply and get the amount disbursed within minutes. 100% paperless. Just enter your name, address, PAN or Aadhaar details for quick KYC verification 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. The entire loan journey -- from application to disbursal -- is 100% paperless. Manappuram offers instant digital loans at attractive interest rates starting from 12% p.a. Manappuram Personal Loan is unsecured – this means you can borrow the money that you need without having to worry about pledging collateral security. 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 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. 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. 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/-. The loan tenure depends on eligibility and generally ranges from 3 months up to 60 months. 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. 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. 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. Applying for a Manappuram Digital Personal Loan is completely paperless. You only need to provide OVD, PAN, personal and nominee details. 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) 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. 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. Please contact below telephone numbers/ email for help: 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 (https://sachet.rbi.org.in/) to file an online complaint with RBI. Do’s Don’ts Secure Phone Banking Secure Computer Usage Creating Safe and Secure Passwords – Do’s Don’ts Protecting Your Password Secure Internet BrowsingPersonal Loan Benefits
Interest Rate: 12% p.a. Onwards
Loan Amount up to Rs 5 Lakhs
Maximum Loan Tenure of 5 years
Digital process and paper less
Instant disbursement
Loan at your finger tip
Advantages of Personal Loan
FEATURES OF Manappuram Personal Loan
Instant Disbursal
Minimal Documentation
Loan up to Rs 5 Lakh and Flexible EMI Options
Fully Paperless Process
Attractive Interest Rates
No Collateral Required
Factors Affecting Instant Digital Loan Interest
Bureau Score
Poor Repayment History
Income
Frequently Asked Questions
In salaried category
0487 3050 454, 0487 3050 308
1800 420 22 33 (24 hours)
email: [email protected] [email protected] Customer Security Tips
Mobile Security Precautions
This Privacy Policy (“Policy”) outlines Manappuram Finance Limited’s (“we”, or “us”) practices in relation to the storage, use, processing, and disclosure of personal data that you have chosen to share with us when you download and use our mobile application Manappuram Finance loans: “Manappuram Personal Loan ” or use the services made available on www.manappuram.com(the app is referred to as the “App” and the App and the website are collectively referred to as the “Platform”).
Manappuram Finance, Land Line: 0487 3050454,308 Email: [email protected]