Business Loans

Introduction

Manappuram's Business Loans (Secured & Unsecured) offer fast processing of your loan. Business Loans can be used for plenty of purposes! They can be availed when you are planning to expand your Business, renovating your home or any personal financial requirements for your family. Now you need not postpone things on your bucket list!

You can get a Business Loan from Rs. 1,00,000 (One Lakh) upto Rs. 50,00,000 (Fifty lakh) with minimal documentation and Doorstep speedy approval from Manappuram Finance Limited.

Eligibility

Business Units
Self Employed Professionals & Non Professionals
Salaried Employees (Government & Private & Contract)

Features of Product

Higher loan amount available for longer tenure and at attractive rates of interest.
Loan Sanction within 48 Hrs.
Interest rate 12.5%* Onwards
Loan amount up to 50 Lakhs
Minimal Documentation and Charges
Special Scheme for Under Developed Business (Business Loan - Nano with Property Loan)
Special Scheme for Under Starting of Business (Business Loan – Start up with Property Loan)
The quick approval process of Business Loans from Manappuram Finance Limited ensures you have an easy borrowing experience
Doorstep Loan facility available
Flexible EMI date
No Extra Charges for valuation and Advocate Fee (Below 7 lakh)
Loan Amount 1,00,000 Onwards
We give you the flexibility to choose the loan tenure. You can apply for a loan from 12 to 180 months*
Insurance facility is available

Available Schemes

SECURED LOANS ( With Property Mortgage)
SCHEME NAME	SPECIFICATION
Business Loan Secured	Loan Amount Up to 50 Lakhs Maximum Loan tenure up to 180 Months
Loan Against Property	Loan Amount Up to 50 Lakhs Maximum Loan tenure up to 180 Months Loan for any personal requirements other than illegal
Business Loan Secured - Nano	Nano Business units profiles are eligible Loan Amount Up to 5 Lakhs Maximum Loan tenure up to 60 Months Vintage & Registration Documental proofs are not mandatory
Business Loan Secured - Start Up	Loan Amount Up to 15 Lakhs Maximum Loan tenure up to 120 Months Self Employed/Business units having the Vintage of >6 months up to 2 Year are eligible

UNSECURED LOANS
SCHEME NAME	SPECIFICATION
Unsecured Business Loans	Minimum Business vintage 2 year and Above are eligible* Maximum Loan amount RS. 3 Lakhs Maximum tenure up to 36 Months
Unsecured Loans for Private Employees	Unsecured Loans for Private & Government Contract Employee Only Maximum Loan amount RS. 3 Lakhs Maximum tenure up to 36 Months
Unsecured Loans for Government Employees	Unsecured Loans for Permanent Government, Aided/Autonomous Employees Only Maximum Loan amount RS. 3 Lakhs Maximum tenure up to 36 Months
Unsecured Loans for Doctors	Unsecured Loans for Doctors Only Maximum Loan amount RS. 25 Lakhs Maximum tenure up to 60 Months

Repayment

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