🇮🇳 India

Manappuram Finance Last updated2026-05-28

Manappuram Finance EMI Calculator 2026 rates.

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Quick answer

Manappuram Finance home loan rate starts at 11.5% (typical 13.5%) as of 2026. A ₹50 lakh loan at 13.5% over 20 years = an EMI of approximately ₹60,369/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 Finance loan rates (May 2026)

🏠 Home Loan

11.5–16.5%

typical: 13.5% p.a.

💵 Personal Loan

14–26%

typical: 18% p.a.

🚗 Car Loan

11–18%

typical: 13.75% p.a.

💳 Processing Fee

1.0% of loan amount (capped at Rs. 15000)

🔁 Prepayment

Zero foreclosure charges on floating-rate home loans per RBI guidelines. 2-5% charges on fixed-rate, vehicle, and personal loans in early tenure, reducing over time.

About Manappuram Finance

Why choose Manappuram Finance?

Manappuram Finance is India's second-largest gold loan NBFC after Muthoot, with diversified businesses spanning microfinance (Asirvad Microfinance), housing finance (Manappuram Home Finance), and vehicle loans. The Thrissur-headquartered NBFC has been pushing digital gold loans with online disbursal, doorstep gold pickup, and lower-LTV short-tenure schemes.

🎯 Unique angle

Product highlights

✓ gold loan borrowers
✓ micro-entrepreneurs
✓ self-employed in tier-2/3 cities
✓ small home loan borrowers

❓ Manappuram Finance FAQ

Common questions.

Who should apply for a Manappuram loan?

Manappuram is ideal for customers needing quick gold loans (online or doorstep), micro-entrepreneurs (via Asirvad), and affordable housing borrowers in semi-urban areas. Their digital gold loan via app is convenient for repeat customers.

How does Manappuram compare to Muthoot?

Both are gold loan leaders with similar rates (9-24%) and 30-minute disbursal. Manappuram has stronger digital presence with online gold loan and doorstep pickup service, while Muthoot has larger physical branch network. Manappuram's diversification into microfinance is also more aggressive.

What is the eligibility for Manappuram loans?

Gold loans require only ID proof and gold (18-22 carat) - no income, no credit score. For home and vehicle loans, age 21-65, minimum Rs. 15,000 income, and standard documents. Microfinance loans (via Asirvad) target women in self-help groups.

What is Manappuram's processing time?

Gold loans are disbursed in under 30 minutes at branches and within 2 hours via online channel. Doorstep gold pickup adds 2-4 hours. Home and vehicle loans take 5-10 working days depending on documentation completeness.

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