Healthcare Industry Loan Division

Considering the importance of the Healthcare industry for the country's economy and the industry needs finance for expansion of health care services and for personal needs of physicians, nurses, para medical employees, MAFIL has introduced schemes for financing the following professionals in the health care sector.

Doctors who are M.ch, DM, DNB, MD, MS, MDS/ MBBS/ BDS/BAMS/ BHMS/ DHMS

Govt. / Private hospital nurses, Lab technicians, pharmacists, Other hospital staffs.

MAFIL Financing Hospitals, Clinics, Diagnostic Centre etc. for acquisition of equipment, construction of buildings and working Capital Finance

Under Healthcare Industry Loan Division, we have 1) Personal Loan 2) Loan for purchasing New Equipments 3) Loan for Construction of buildings 4 ) Working Capital Finance

MSME Sector property Loan

MSME Sector property Loan

Features of Product

Loan up to 5 lakhs.
Loan within 48 hours
Low processing fee - 1%
Diminishing interest rate - 18% to 22%
Tenor - 12 Months to 60 Months
Flexible EMI
Minimum documentation
Doorstep service available
Loan insurance facility available

Eligible Entities

Individuals under below Categories -All industries coming under MSME sector,State /Central Government Permanent Employees,Salaried Individuals working with Private Sector entities.

Loan eligibility parameters

Self Employed: Minimum 1 years’ vintage in the current business. Proof of business vintage to be documented.
Private Sector:  Overall experience Minimum 1 years
Govt. staff: - Overall experience Minimum 6 months
Employees working on contract basis: - Should be working with the same employer for at least 1 years

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

​NACH Cancellation

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