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Manappuram Finance established an eminent position among the gold loan companies in India. Nothing less than dedicated support to the customers and client-oriented services are behind this prestigious feat. The positive factors like the lowest gold loan interest rate and the easy approval of gold loan have made it the best gold loan company.
It takes concerted efforts from the team and a considerate attitude towards borrowers to come out on top given the intense competition with the best banks active in gold loans and among the gold loan companies in India. Of course, the gold loan with low interest rate can attract more clients. However, sustaining the growth and maintaining a positive outlook necessitate exemplary reliability. Only then, a financier, bank, or NBFC can become the best gold loan company.
Manappuram could garner widespread publicity and acceptance to reach an admirable level among the gold loan companies. The reasons for this attainment are many, including the lowest gold loan interest rate. We would be looking into the prime elements that made Manappuram a prominent one out of all the gold loan companies.
Gold Loan Parameters in Manappuram Finance
Manappuram is currently offering the lowest gold loan interest rate. Further, the other gold loan parameters like gold loan amount, gold loan interest rate, gold loan processing fee, gold loan tenure, etc also have been instrumental in making it the best gold loan company.
· Gold loan interest rate – From 7% to 29% (the lowest gold loan interest rate among gold loan companies in the country)
· Gold loan amount disbursed by the gold loan company – Minimum ₹1,000
· Gold loan tenure – 1 day to 6 months
· Gold loan processing fee - ₹10 only (pay at the time of gold loan settlement)
You might have understood by now that Manappuram is the best gold loan bank (NBFC) that offers a gold loan with low interest. The lowest gold loan interest rate ensures that the financial burden on the borrower is reduced remarkably.
Features that Make Manappuram the Best One in Gold loan companies
Serving the customers wholeheartedly, with services designed keeping their needs in the forefront, Manappuram leads the gold loan companies. We could create a strong identity as the best gold loan establishment, even though we are an NBFC, in a short time since inception.
The features that attributed to our phenomenal growth as the best gold loan company are enlisted and elaborated in the succeeding paragraphs.
The Lowest gold loan interest rate – Gold loan with low interest is the first point every borrower, every individual, looks for. Manappuram could offer loans against gold at the lowest gold loan interest rate. The competitors including other NBFCs, nationalized and private banks, and private financers could not come any close to us in delivering gold loan with low interest. In turn, the entity became the first choice whenever a client searched for gold loan companies. Even the best gold loan banks failed to overcome Manappuram in this aspect.
Trusted Gold loan Company – It is impossible to become the best gold loan bank without the unwavering support from the customers. Trust is the mainstay for any gold loan company anywhere in the world. Hidden charges, intricate gold loan calculations, and deceptions after stating the lowest gold loan interest rate can destroy the image of a gold loan company.
We have been focussing on customer-centric initiatives to retain the faith and maintain an optimistic image throughout. Our executives are trained to help the borrowers in the best possible way. We understand that every customer, who approaches us, would be in the dire need of money. Therefore, we make sure that they are attended to and offered the right service. You may not find such an honest attitude in most of the other gold loan companies or those considered as the best gold loan bank.
Wide Range of Services – We have an extensive range of gold loan services for the customer to choose from. The best gold loan bank may also fall well behind us, in the case of the spectrum of facilities. Our dedicatedly derived options and facilities make the borrower comfortable and aid him or her in selecting the ideal one. In addition to presenting the debtors with a gold loan with low interest, we have several additional initiatives advantageous for the client. You may understand that it is not a cakewalk to scale the summit in the highly competitive race of gold loan companies.
Online Gold Loan (OGL) Option – How convenient it is to apply for a gold loan sitting at home? The online gold loan facility from Manappuram provides a gold loan instantly. Anyone can register for OGL following some simple steps. Besides being the gold loan company with the lowest gold loan interest rate, the online gold loan has paved the way for Manappuram to become the most secure gold loan company in India. The individual can visit any branch, fill in the details, register for an online gold loan, deposit the gold in the locker, and become eligible for OGL. The best gold loan bank or the gold loan company with a different approach, we have garnered unparalleled acceptance in society.
High LTV Compared to other Gold loan companies – The Loan to Value (LTV) ratio for gold loans in India had been capped at 75% earlier. Nonetheless, not all companies appraise the gold for its full value and with minimum deductions. We are proud to state that we offer the highest LTV . An increased LTV means that you can receive the required fund by pledging the minimum amount of gold. What else is needed to become the best gold loan company in India?
Fixed Processing Fee – The processing fee is just an additional financial burden on the borrower. Although some amount must be charged for the clerical and administrative processing of the gold loan, it should not turn a financial burden on the borrower. Since he or she might already be in a financial crisis. With this thoughtful attitude, we have fixed the processing fee at ₹10, which needed to be paid during the settlement only. Unlike other gold loan companies that charge around 0.25% to 0.5% as processing fees. Furthermore, the debtor needs to pay it during the gold loan sanction itself. The best gold loan banks in the country also ask for processing fees without any due consideration of the financial status of the client. We have made it point, not to disturb the customer in any way. One of the key reasons that enhanced our customer base. And made us the most secured gold loan company in India. Your search ends here if you were looking for the best gold loan bank.
Customer Satisfaction – Customer satisfaction has been of paramount importance for our gold loan company. We go the extra mile in making the client satisfied with our service. To make the best possible efforts, we have a team of handpicked professionals managing the gold loan formalities, advising the borrowers, and supporting the new clients. Gold loan with low interest will not fetch clients in long term, but considerately crafted services will. We stand tall among the gold loan companies in the country, with the proficient support and services we provide. The lowest gold loan interest rate is just one of the many optimistic factors that led to achievement. A Google search would reveal to you that Manappuram is the best gold loan company with 4.3 ratings. We have also received the highest number of positive reviews compared to the other gold loan companies.
Pan-India Presence – Manappuram Finance has a pan-India presence, with branches in most of the major cities around the country. Most of the gold loan companies lack a wide presence. This limits their possibility of becoming the best gold loan bank. Located in the prime regions, offering the lowest gold loan interest rate, and disbursing gold loan instantly, the entity gained acceptance of the clients. Borrowers will receive money without any undue delay or hidden charges. The gold loan with low interest rate from a reputed gold loan company quickened the growth of Manappuram.
How to Choose the Gold loan Company?
With several gold loan companies around, each one claiming self to be the best, the customer may turn confused. All would be offering the lowest gold loan interest rate, the best service, and extensive support. Perplexed due to the heavy marketing strategy of the gold loan companies, the borrowers tend to make mistakes. They may choose the worst one thinking it to be the best gold loan bank.
Determine the Reliability – You are going to deal with the gold loan company on financial matters. Their reliability and considerate attitude are of the highest importance. The best gold loan bank or NBFC will favour the client in the best possible way. Not only would they provide a gold loan with low interest but also extent optimal support. We have cemented our trustworthy identity through matchless support, surpassing the expectations of the client. This is the first point that elevated us to the top position among the gold loan companies.
How Much Would You Pay Extra? – The gold loan companies might be offering a gold loan with low interest, however, with strings attached. Yes, there might be additional fees and charges, which are mentioned under the asterisk. The best gold loan financier should clearly state to you the total interest payable for the specific period. Instead of just stating the lowest gold loan interest rate. Of course, you may not have sufficient time to go through all the calculations. We suggest you register for an online gold loan (OGL) from us in that case. OGL is the best option to get a gold loan with low interest instantly. Pursue this suggestion, especially if you are a business person or in a field that may have frequent fund requirements. The lowest gold loan interest rate from our gold loan company will not cause a financial liability as well.
Comfortable Repayment – Comfortable repayment options is another prominent factor that distinguishes gold loan from other loans. In addition to the fact, a gold loan with low interest rate is more advisable than a personal or business loan, the repayment choice available makes a gold loan the best one. The best gold loan banks and NBFCs would suggest to you at least four flexible repayment options. Avoid those gold loan companies that appear rigid in this regard. Our gold loan company has around four types of gold loan repayment options available for our esteemed clients. Repay the money you borrowed in any of the ways, enjoy the lowest gold loan interest rate, and live happily.
Gold loan Processing Time – Several gold loan companies have strict norms regarding the approval of the gold loan. They are least bothered about the customer. They may not be offering the lowest gold loan interest rate or anything but would be adamant concerning the procedure. Such a gold loan company may not be the right choice for a gold loan. We request you to avoid those entities even if they offer gold loan with low interest. The time consumed would impede your subsequent activities. What is the use of money that is not received in time, after all? Manappuram could help numerous borrowers, who were struggling with financial requirements, by delivering them with the gold loan with low interest.
How Long Have They Been in the Field? – The experience and the period of existence are very much vital to identify how consistently performing the gold loan company has been. It is a common thing for any new entity to promulgate customer-oriented policies and special deals during the initial stage of operation. It does not mean that they offer the best gold loan. The deals, discounts, and exclusive features are the strategies to get more clients. That’s it. The lowest gold loan interest rate is the most common tact to get more borrowers on board. This is another key area where Manappuram Finance has been outperforming the gold loan offered by banks and other gold loan companies. We have been presenting the clients with the most promising offers and deals for decades since inception. Gold loan with low interest is not the only thing we offer. The lowest gold loan interest rate is one of the many benefits the customers get when they choose our gold loan company. Having been a persistently performing gold loan company, or you can call it the best gold loan bank, Manappuram has a proven record of accomplishment.
Safety of the Gold Pledged – Your gold would be stored in the lockers of the gold loan company. What if it gets stolen? Who will repay you? Are you going to be the sufferer for no mistake of yours!? You do not have to be anxious about your gold asset when you mortgage it at Manappuram. Unlike other gold loan companies, we have a foolproof system in place for safeguarding the gold pledged. The Safe-lock system of Manappuram ensures the round-the-clock security of the gold. Advanced security systems including CCTV cameras, burglar alarm systems, and a 24x7 security team keep vigilant monitoring of our premises. Moreover, all the gold pledged is insured. Hence, you do not have to worry in the case of any unfortunate incident like theft. Be confirmed that the lowest gold loan interest rate is not the only factor that made us the number one NBFC or the best gold loan bank.
We became the most secure gold loan company in India through actions, rather than mere words. Our meticulously designed gold loan products focus on giving the best support to the borrower. Exceptional hospitality from our team has been lauded by the valued clients and made us a notch above the other gold loan companies.
Any search for the best gold loan would lead to our doorsteps only. Topping in customer reviews and ratings, by approving gold loans at the lowest gold loan interest rate, we continue to be the first choice, among the gold loan companies, for most of the customers.
Are you looking for a gold loan with low interest?
We can provide you with gold loans at a remarkably low gold loan interest rate. You can find our branch at premium spots, near your home or office. Alternately, dial us to talk about a gold loan, the gold loan interest rate, the procedure for applying for a gold loan, and any other relevant queries.