Download AppWin Assured Cashback
Paisabazaar Logo - Compare loans and credit cards

Manappuram Finance Business Loan

google-play-icon

Google Play Store

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Best Loan Offers

Best Loan Offers

Curated Offers from 20+ Lenders

Icon image of Unsecured Loan

Unsecured Loan

Term Loan & OD Facilities Available

Icon image of Expert Advice

Expert Advice

Guidance & Assistance

Icon image of Top Up Facility

Top Up Facility

Loan to Get Additional Funds

Find Best Business Loan Offers

Sort by:

HDFC Bank
Max Loan Amt.Upto ₹75L
Rate of Interest10.75% - 28%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
ICICI Bank
Max Loan Amt.Upto ₹50L
Rate of Interest13.25% 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Axis Bank
Max Loan Amt.Upto ₹75L
Rate of Interest15% - 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
image of Choose from <strong>20+ Partner Banks/NBFCs</strong>

Choose from 20+ Partner Banks/NBFCs

image of Pick from <strong>Secured & Unsecured</strong> Options

Pick from Secured & Unsecured Options

image of Get <strong>Working Capital & Top-Up Loan</strong> Solutions

Get Working Capital & Top-Up Loan Solutions

image of <strong>Flexible Tenure</strong> of Up to 4 years

Flexible Tenure of Up to 4 years

How Can I Apply for a Business Loan Online?

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Apply Now

Manappuram Finance – Interest Rate & Eligibility

Interest Rate Depends on business requirements
Min. Loan Amount Rs. 5 lakh
Max. Loan Amount Up to Rs. 2 crore
Repayment Tenure From 24 months to 60 months
Loan disbursal time Within 10 days

Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the NBFC and RBI. GST and service tax shall be levied extra on the mentioned charges.

Also Know: Which bank has lowest interest rate on business loan?

SME Finance from Manappuram finance can be availed by self-employed, non-professionals, individuals, sole proprietorship, and partnerships and limited companies.

SME Branch locations: Kerala, Tamil Nadu, Karnataka, Maharashtra, Odisha and Rajasthan.

Acceptable Types of Properties as Collateral

  • Vacant plot or land with approachable roads
  • Self-occupied commercial or residential properties
  • Land which spreads more than 3 cents in corporation areas, 5 cents in municipal areas and 10 cents in rural areas, wherein 1 acre = 100 cents

Asirvad Microfinance

Asirvad Microfinance is a subsidiary of Manappuram Finance Ltd. that offers microfinance products at competitive interest rates to its customers. Its range of products include Income Generation Program (IGP) loan, Product loan and Small and Medium Enterprise (SME) loan.

Asirvad Microfinance Loans - 2020

Loan Type/Category Income Generation Program Product Loan Mid-term Loan
Interest Rate 21.60% onwards 21.60% onwards 21.60% onwards
Loan Amount Min. Rs. 25,000 & Max. Rs. 45,000 Min. Rs. 2,498 & Max. Rs. 4,000 Min. Rs. 7,500 & Max. Rs. 15,000
Repayment Tenure Up to 24 months Up to 24 months Up to 24 months

Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank, NBFC and RBI. GST and service tax shall be levied extra on the mentioned charges.

Commercial Vehicle Finance / Construction Equipment Finance

Eligibility

One Person Company , Proprietorship Firms , Limited Companies, Private Limited Companies , Partnership Firms , Educational Institutions, etc.

Features

  • Competitive interest rates
  • Low processing fees
  • Loan amount: Rs. 2 lakh onwards
  • Repayment tenure up to 60 months
  • Finance: 85% of the assets value

Documents Required

  • Passport-sized photographs
  • Identity and address proofs
  • Current residence address proof
  • Experience letter/proof
  • Vehicle’s details
  • Latest bank statements
  • Existing or previous loan details (if any)

Also Know: What documents are required for business loan?

Avail Manappuram Finance For
All Your Needs

Avail Business Loan Banner

Farm Equipment Finance

Eligibility

  • Minimum age of the application should be 21 year
  • Depends on applicant’s profile
  • Farmers and customers involved in agriculture, semi agriculture and commercial businesses
  • Residing in the same address for the last 3 years
  • Minimum 1 acre of land holding for farmers

Features

  • Attractive interest rates
  • Low processing fees
  • Loan amount starting from Rs. 1 lakh
  • Repayment tenure from 12 to 60 months
  • Finance up to 85% of the assets value

Documents Required

  • Passport-sized photographs
  • Identity proof
  • Address proof
  • Proof of land ownership
  • Experience letter/proof
  • Vehicle’s details
  • Latest bank statement
  • Existing or previous loan details (if any)

Also Read: Loan for Business Without Security in India

Customer Service

Toll Free Number: 1800-420-22-33 / 1800-270-1146

How Can I Apply for a Business Loan Online?

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Apply Now

Explore Our Business Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankICICI BankICICI BankIDFC First BankIDFC First BankKotak bankKotak bankTata CapitalTata Capital
View All Partners

Avail Manappuram Finance For
All Your Needs

Avail Business Loan Banner

FAQs

What is the maximum loan amount that I can take from Manappuram SME loan scheme?

The maximum loan that you can avail is up to Rs. 2 crore

I am 22 years old and want to take loan for buying farm equipment, is it possible?

Yes, the minimum age required is 21 years if you want to avail farm equipment finance.

For commercial vehicle purchase, what is the minimum loan amount offered by Manappuram Finance?

The minimum loan amount for purchase of commercial vehicle is Rs. 2 lakh and onwards.

What is the interest rate offered for Microfinance scheme under Asirvad Microfinance loans?

The minimum interest rate offered is 21.60% onwards for Microfinance scheme.

What is the repayment period under the Microfinance loan?

The maximum repayment period is up to 24 months under Microfinance scheme.

quotes icon

What our customers say

Business loan complex hotta h

Business loan thoda complex lagta h muhje, lekin Paisabazaar pe team ne sab steps simple bana diya muhje ache se support kiya. Thank you.

icon image of avatar
Meher SinghJan 22, 2026

Hassle-free Business Loan

I would like to take a moment to sincerely appreciate Rohit Kumar\'s (EW25946) continuous support and clear communication. Your timely responses, cooperation, and willingness to help have made a significant difference and contributed greatly to smooth coordination and successful outcomes. Your professionalism and positive approach are truly commendable, and it has been a pleasure working with you. Thank you for your dedication and for maintaining such effective communication throughout.

icon image of avatar
MD Gausar AlamJan 20, 2026

Business loan liya tha, interest acha mila

Muhje darr tha ki interest rate kahi lenders jda na charge krle, phir paisabazaar pe sahi interest rate milla. Mera credit profile dekh ke or bhi bht saare factors consider karke interest rate milla.

icon image of avatar
Mohit DasJan 15, 2026

Uncle ne bataya tha Paisabazaar ke baare mai

Mai online loans ke baare mai jada nhi janta, mere chacha ne bataya tha ki Paisabazaar se loan acha milta hai. Try kiya or asli mai bohot acha experience tha.

icon image of avatar
Raju RastogiJan 14, 2026

Boutique ke liye small loan liya tha

Boutique ke liye small loan liya tha. Small entrepreneurs ke liye bht important hota hai sahi jagah se loan lena. Paiabazaar ki team bohot helpful hai.

icon image of avatar
Vanni KumariJan 13, 2026

Loan approval ke chances dikhate h

Paisabazaar se business loan lo toh pata rehta h ki kaha loan approval ke chances jada hai. Isse thoda tension kam jata h rejection ka. Acha feature hai.

icon image of avatar
Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

icon image of avatar
Prakash MishraJan 4, 2026

Trusting platform

I take business loan from Paisabazaar two months before. very nice experience. No jhamela, only good work done. Thank you

icon image of avatar
Priya ShawDec 30, 2025

Chote business ke liye bhi loan mila

Chote businesses ko loan milne mai dikkat hoti hai lekin yaha mil gaya. Thank you for helping small business also. Good job keep it up.

icon image of avatar
Rupesh SharmaDec 29, 2025

Quick and easy steps

Business loan apply karne se pehle yeh sochke dar lagta tha ki bohot mehnat lagegi. Lekin mai toh surprise hi hogayi Paisabazaar ka simple or easy steps dekh ke. Itna smooth process tha ki bikul hi samjh nhi aaya kab loan approve hua or kab account mai paise agaye.

icon image of avatar
Ishita SinghDec 28, 2025
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Business Loan Offers
with Quick Disbursal

Scroll to top