Manappuram

Manappuram Finance Ltd has Market Cap of over INR 6800cr with the Manappuram stock price ranging between INR 80-86 with 52 week high of 92.40 with 52 week low of 19.80. Manappuram finance share can be purchased in a lot of 1. In 2007 Manappuram Finance Ltd was the first NBFC from Kerala to issue bonus share 1:1 and repeated this again in 2010 and 2011. In 2007 Manappuram became the first NBFC to get foreign investments through FII’s.

The different services provided by Manappuram Finance Ltd are gold Loan or loan against gold, money transfer, domestic money transfer, foreign exchange, SME and loan against property, depository services, and commercial vehicle loans.

A loan is a product by which we get lump sum amount of money that we have to repay in easy installments. There are two types of loan: one is secured loan and the other is unsecured loan. In secured loan, some security has to be given to the person/company that ensures the repayment of the loan amount and in unsecured, no such security is given. Unsecured loans are basically given based on the trust and relationship shared between loan borrower and lender. In India, there is trend of buying gold on occasions like marriage, festivals etc. which blocks our money and is also used very occasionally. It not only blocks our money but also blocks the money in the economy which is not good for any economy. For taking this blocked money again in the market or economy gold loan is the best option.

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Manappuram gold loan is a secured type of loan in which the security you have to give is gold. Manappuram gold loan gives up to 1cr of loan against gold. There are different rates of interest rates depending on the states and the tenure of the loan. Annualized gold loan interest rate is around 22% p.a. while for short duration’s gold loan interest rate ranges between 14%-26% depending on different schemes of loan. There is also minimum and maximum limit of the loan amount depending on the different Manappuram gold loan schemes.

As the world is moving towards more and more globalization, the need of foreign money transfer is also increasing. Through Manappuram money transfer anyone can send and receive money worldwide. Manappuram Finance Ltd acts as a agent of different money transfer companies like MoneyGram, Instant Cash, Xpress Money, Royal Money, Western Union, EzRemit, Transfast, Ria Money Transfer. Manappuram Finance Ltd provides fast, easy and safe money transfer with no charge at the receiver’s end and also person with no account in Manappuram can transfer up to INR 50,000/. It is RBI certified and anyone can transfer money in India within seconds and also in abroad.

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.

Manappuram Finance Ltd from Kerala with Authorized dealer category II is licensed with RBI to deal with foreign exchange transactions in India. Manappuram offers best rates and best customer service. To make your travel hassle free and more convenient Manappuram Finance Ltd operates 24×7 its foreign exchange services in India.

Manappuram Finance Ltd also deals in SME and loan against property. Manappuram provides loan against collateral security of property. Self-occupied any property residential or commercial is taken as collateral security even the vacant land or plot with connected roads for the loan ranging 2 lakhs to 5cr with the tenure ranging between 24 months to 84 months. Loan is only given to non-professionals/self-employed professionals, individuals, proprietorship, partnership and limited companies. Manappuram Gold Loan Interest rate ranges between 17% and 22% for secured loan and 20% for unsecured loan.

As the economy is constantly changing, we all want to diversify our investments in order to safeguard ourselves against this flux. For this purpose, a platform is needed where you can invest in securities. Manappuram Finance Ltd depository services allows holding of securities in electronic form in your DEMAT account. Manappuram finance depository is a participant of Central Depository Services Ltd (CDSL). Beneficial owner has so many advantages over physical security holding like no stamp duty or TDS for depository held securities. A depository account holder can buy different types of securities like equity shares, Bonds and Debentures, Mutual Funds, Rajiv Gandhi Equity Savings Scheme.

Transport is the backbone of any country’s economy, ranging from transport of the raw material to the finished goods and also the transport for the people from one place to the other. All the goods are mainly transported by the commercial vehicles for their final consumption to the people. As the make in India concept is getting popularity, when we make more the need for transport will rise day by day for that the need for commercial vehicles will rise. To support Indian economy, Manappuram offers commercial vehicle loans at attractive interest rates for all transport needs. We offer commercial vehicle loan for new, used or refinancing with the minimum loan amount of 1lac and with maximum tenure of 60months. Commercial vehicle loan is offered to first time buyers, captive customers, fleet owners, Individuals and ltd companies, and school and colleges for all transport needs.

India is the world’s largest market in terms of gold buyers. In India, the demand for gold is much more in rural areas than in urban areas. People from rural areas buy more gold than the much wealthier people in the urban areas. In rural areas, generally people buy gold from nearby goldsmiths who don’t specify the purity of gold to their customers. That is the reason Manappuram entered the jewelry business – informing the consumer. Manappuram jewelers’ showrooms are equipped with free carat analyzer test which confirms the purity of gold. Manappuram jeweler’s showrooms are under the trade name of Manappuram Riti jewelers. Manappuram Gold rate as on 26th August is INR 3135/1gm.

Manappuram Finance Ltd is now a leading NBFC with diversified portfolio of products like Manappuram gold loans, Manappuram commercial vehicle loans, Manappuram Personal Loan, Manappuram Jeweler’s, Manappuram depository services, Manappuram forex and money transfer services. Manappuram is not only offering good portfolio of products but also giving their clients world class services like Manappuram online payment facility by which a user can pay his EMI by online transaction and Manappuram also started taking payments through the leading e-wallet Paytm by which a client can pay his EMI with ease. Manappuram loans enabling India to get back the money into the market which is blocked in some other way like land, gold etc. which will help the country to generate more money. It’s always good for a country to get money flowing rather than blocked. When the people takes loan on their property or gold they invest in business which helps the country to create more goods and services, jobs etc. eventually grows the country GDP.