manappuram gold loan interest rate
manappuram gold loan interest rate is low compared to local NBFC finance companies which charge 20 – 25%. manappuram provides up to 1 cr. loan on please of gold jewelry or gold coins.
manappuram charges 12% per year interest rate on gold loan means 1% per month. One thing to consider is gold loan interest rate is depend on how much loan you take on your jewelery like if you take Rs 18000 loan on 10 gram gold then interest is 16% and if you take Rs10000 on 10 gram then interest rate is 12%.

It means if you take low loan on same jewlery then interest rate is low and if you want high amount loan then interest rate is high.

manappuram gives maximum Rs. 2,100 per gram of Gold and it takes generally 15-20 minutes for loan approval. To get loan manappuram just ask for Voter ID or Ration Card or Driving License, if you any one of these then they process your loan application also there are no loan processing fee like other private banks charge 0.50% of loan amount.