You may receive a loan of up to 70% of the assessed value of your property. This is known as the loan-to-value (LTV) ratio.

For example, if an eligible property is valued at ₹50 lakh, the sanctioned amount may be up to ₹35 lakh. The final amount will be subject to eligibility, income assessment, documentation, legal verification, property valuation and Manappuram’s lending policies.

To apply for a loan against property, you should meet the basic eligibility conditions applicable to the scheme:

• Minimum credit bureau score of 560
• Minimum consolidated or clubbed monthly income of ₹25,000
• An eligible residential or commercial property that can be offered as security
• Satisfactory income, repayment-capacity and property verification

Final approval and the sanctioned loan amount are subject to document verification, property valuation, legal checks and underwriting.

• KYC documents, such as identity and address proof
• Recent bank statements
• Complete property ownership and title documents
• Income documents, based on availability and applicant profile

Additional documents may be requested depending on the property, loan purpose, applicant type or selected scheme. Keeping clear and updated records ready can help prevent delays during the verification process.

• Submit an Enquiry: Visit the Manappuram website, contact the customer care team, or search for a nearby location using the branch locator.
• Share Your Requirement: Provide basic information about the required amount, your income, the property being offered and the purpose of the loan.
• Submit the Documents: Share the required KYC, bank, income and property documents for verification. 
• Complete the Assessment: Manappuram will evaluate your eligibility, credit profile, repayment capacity, property ownership and property value.
• Receive Approval and Disbursal: Once the verification is completed and you accept the loan terms, the approved amount will be credited to your bank account.