Traders Micro Credit Loan | Manappuram Finance Limited

Introduction

Manappuram’s Traders micro credit offer loans All Micro and Small-Shops. Expand your business dreams with manappuram business loans. You can get a business Loan from Rs. 50,000 to Rs 10,00,000 (Ten lakh) with minimal documentation and speedy approval from Manappuram Finance Limited.

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 - 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

Contact Officials

Post	State	Official Contact Number
Business Head	Kerala	9387028450
Branch Manager	Kerala	9072620703
Branch Manager	Tamil Nadu	8606032566
Sales Head	Tamil Nadu	8714635792

Leads Sending Mail id : [email protected]