How many branches manappuram in India?

How many branches manappuram in India?

Branch Network Manappuram Finance Limited has 3500+ branches across 28 states of India. extensive branch network of 3500+ branches spread across 28 states of the country. There is a branch in vicinity of everyone in need of financial solution.

Who is better Manappuram and Muthoot?

As per the current rates, Muthoot offers a lower interest rate of 6.90% on Gold Loan when compared to Manappuram which offers a Gold Loan at 7.00%.

Is manappuram owned by Tata?

MMP Mobi Wallet Payment Systems, a subsidiary of Tata Teleservices, announced a tie up today with Manappuram Finance Ltd., one of India’s leading gold loan NBFCs, for providing a convenient and secure alternative physical and online repayment option to its customers.

How much is gold loan per gram in manappuram?

Manappuram Gold Loan Key Features – Apply Now

Manappuram Gold Loan Interest Rate Starting 5.88% per annum
Manappuram Gold Loan Per Gram Rate Manappuram Gold Loan Rate Per Gram Today is ₹ 2,900 to ₹ 3,450
Manappuram Maximum Loan Amount Up to Rs. 1.5 crore
Manappuram Minimum Loan Amount Up to 75% LTV

What is the meaning of manappuram?

Manappuram General Finance and Leasing

Type Public
Traded as BSE: 531213
Industry Non-banking financial company (NBFC)
Founded 1949
Headquarters Valappad, Thrissur, Kerala, India

How many Muthoot Finance branches in India?

“Currently, we have over 2,100 branches in south Indian states, primarily Kerala and Tamil Nadu, and 1,200 branches in north India.

Is gold safe in manappuram?

Are the pledged gold ornaments safe and secure with Manappuram? Gold ornaments accepted as pledge by the customers are stored at the branches in strong safe / strong room built to the standards and specifications applicable to commercial banks. The pledged gold ornaments are insured for full value.

Which company is best for gold loan?

List of Top 10 Banks / NBFCs offering Gold Loan in India – 2021

Gold Loan Providers Interest Rate Fee
HDFC Bank 9.90% onwards 1.5% + GST
ICICI Bank 11% p.a. onwards 1% of the loan amount
Canara Bank 7.65% p.a. onwards 0.25% of the loan amount
Axis Bank 12.50% p.a. onwards 1% plus GST

What is interest rate in manappuram?

The gold loans availed from Manappuram Finance can be repaid in a maximum of 1 year….Manappuram Gold Loan Scheme Details.

Interest rate Up to 29%
Tenure Up to 12 months
Maximum Loan Amount Up to Rs.1.5 crore

What is the interest of 1 lakh gold loan?

Compare Gold Loan EMI of Rs. 1 Lakh

Loan Tenure 1 years 3 years
EMI amount for loan amount ₹ 1 Lakh at 9.00% ₹ 8,745 ₹ 3,180
Total amount you pay back to the bank including principal and interest ₹ 1.09 Lakh ₹ 1.31 Lakh
Interest you have to pay over loan tenure ₹ 9,308 ₹ 30,605

How many employees does manappuram have?

Incorporated in 1992, Manappuram Finance Ltd. has grown at a rapid pace. Today, it has 4637 (Includes branches of subsidiary companies) branches across 28 states/UTs with assets under management (AUM) of Rs. 272.24 billion and a workforce of more than 30,000.

Is Muthoot private or government?

Muthoot Finance Ltd was incorporated on March 14 1997 as a private company with the name The Muthoot Finance Pvt Ltd.

Who is the CEO of Muthoot Finance?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Muthoot Finance Ltd….PREMARKET.

Management
George Alexander Muthoot Managing Director
George Jacob Muthoot Chairman & Wholetime Director
George Thomas Muthoot Whole Time Director

Does manappuram accept gold coin?

People can make use of the gold ornaments, bars, or coins held at homes or bank lockers and get money without any hassles. Manappuram has been serving customers pan India with gold loan schemes that can be acquired at lower interest rates. Get in touch with us to apply for a gold loan online.

Which bank is best for gold loan per gram?

Gold Loan Per Gram – SBI, Manappuram, Muthoot, HDFC, Axis, Yes Bank & IIFL

Bank / NBFC Rate Per Gram Interest Rate
HDFC Gold Loan ₹ 2,900 to ₹ 3,450 9.90%
ICICI Gold Loan ₹ 2,900 to ₹ 3,450 10.00%
Muthoot Finance Gold Loan ₹ 2,900 to ₹ 3,450 12.00%
Manappuram Gold Loan ₹ 2,900 to ₹ 3,450 12.25%

How does manappuram finance work?

Manappuram Finance Ltd domestic money transfer facility is available in all branches across the country. Money is transferred through NEFT/IMPS directly in the beneficiary bank account within seconds. Manappuram domestic money transfer tied up with ICASHCARD and YES Bank for this facility.

Which bank is best for gold loan?

Top 6 Banks Offering Cheapest Gold Loans For Farmers at Attractive Interest Rates; Details Inside

Bank/NBFC Gold Loan Interest Rate Processing Fee
SBI 7.00% to 7.50% 0.50% + GST
Punjab & Sind Bank 7.00% to 7.50% Rs.500 to 10000 max
Union Bank 7.25% to 8.25%
Canara Bank 7.35% Rs.500 to Rs.5000

What is the rate of gold loan?

Gold Loan Details

Interest Rate 7.35% p.a. onwards
Loan Amount Up to Rs.1 crore
Loan Tenure Up to 20 years
Processing Fee 0.5% the loan amount + GST onwards

Where is manappuram finance head office?

Kerala, IndiaManappuram Finance Limited / Headquarters

Is Muthoot Finance under RBI?

RBI license obtained to function as an Non-Banking Financial Company (NBFC). Our company was originally incorporated as a private limited company on March 14, 1997 with the name “The Muthoot Finance Private Limited” under the Companies Act.

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