🇮🇳 India

Manappuram Home Finance Last updated2026-05-28

Manappuram Home Finance EMI Calculator 2026 rates.

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Quick answer

Manappuram Home Finance home loan rate starts at 10.5% (typical 12%) as of 2026. A ₹50 lakh loan at 12% over 20 years = an EMI of approximately ₹55,054/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Manappuram Home Finance loan rates (May 2026)

🏠 Home Loan

10.5–16%

typical: 12% p.a.

💵 Personal Loan

12–18%

typical: 13.5% p.a.

🚗 Car Loan

9.5–13%

typical: 10.5% p.a.

💳 Processing Fee

1.0-2.0% of loan amount (min ₹3,500) for affordable home loans. LAP processing 1.5-2.5%.

🔁 Prepayment

Zero foreclosure on floating-rate individual home loans (RBI mandated). 4% on fixed-rate loans prepaid from non-own-source funds.

About Manappuram Home Finance

Why choose Manappuram Home Finance?

Manappuram Home Finance, incorporated in 2010, is a wholly-owned subsidiary of Manappuram Finance Limited — one of India's largest gold-loan NBFCs founded by VP Nandakumar. Headquartered in Thrissur, Kerala, Manappuram Home Finance leverages its parent's gold-loan branch network (5,000+ touchpoints) for affordable-housing customer acquisition and cross-sell. The HFC operates with an AUM in the ₹1,500-2,000 crore range and focuses on self-employed informal-sector borrowers in Kerala, Tamil Nadu, Andhra Pradesh, and select North Indian states, with average ticket sizes of ₹8-12 lakh.

🎯 Unique angle

Manappuram Home Finance uniquely cross-sells affordable home loans to its parent Manappuram Finance's existing 5 million+ gold-loan customer base — a built-in distribution moat where gold-loan repayment behaviour serves as a proxy credit score for borrowers without formal bureau history.

Product highlights

✓ Affordable Home Loan (Self-Employed)
✓ Salaried Home Loan
✓ Home Construction Loan
✓ Home Improvement Loan
✓ Loan Against Property (LAP)

❓ Manappuram Home Finance FAQ

Common questions.

How is Manappuram Home Finance different from a bank home loan?

Manappuram Home Finance is a dedicated affordable-housing HFC subsidiary of Manappuram Finance (a gold-loan NBFC). It targets self-employed informal-economy borrowers with ticket sizes of ₹5-20 lakh in South India and select Hindi-belt states — a segment banks cannot economically underwrite. The unique edge: many borrowers already have a gold-loan track record with Manappuram, which serves as alternate credit data.

Who is the ideal Manappuram Home Finance borrower?

Existing Manappuram gold-loan customers and other self-employed informal-sector households in Kerala, Tamil Nadu, Andhra Pradesh, and select Northern states, with monthly incomes of ₹15,000-50,000 and seeking ticket sizes of ₹5-20 lakh, are the natural fit. First-time home buyers without formal credit bureau history especially benefit.

Is Manappuram Home Finance safe given it is a smaller HFC?

Manappuram Home Finance is wholly owned by Manappuram Finance Limited, a publicly listed (BSE/NSE) and AA-rated NBFC with a 28+ year track record. The HFC subsidiary carries AA- ratings from CARE/CRISIL, is regulated by RBI/NHB, and benefits from parent-group liquidity support. Home loan customer security is fully backed by property mortgage regardless of HFC size.

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