Manappuram OGL Lite 3.7

Manappuram OGL Main App offers a streamlined gold loan experience. The 1-step Online Gold Loan feature ensures efficiency and ease for customers seeking gold loans through the app. It is available in multiple languages including English, Tamil, Malayalam, Kannada, Telugu, and Hindi. With the app, customers can conveniently manage, repledge, and make payments towards their gold inventory.

Through Manappuram OGL, users can access gold loans at their convenience, directly from their homes. A range of services such as paying interest, checking account statements, and locating the nearest Manappuram Finance branch are easily accessible via this mobile application.

Moreover, Manappuram OGL Lite enables users to assess their eligibility for various Manappuram products. Manappuram Finance Limited, a prominent Non-Banking Financial Company (NBFC) in India led by Shri. V.P. Nandakumar, MD & CEO, offers these innovative digital solutions for financial needs.

• Gold Loan amount ranges from ₹ 1000 as per requirement/eligibility
• Loan duration: 90 days to 365 days
• Annual Gold Loan Interest rates (APR, Min to Max): 9.90% - 24%
• Processing fee of Rs. 10/- for all schemes at the time of settlement
• Additional processing fee on Repledge at 0.007% of new pledge value
• Individual maximum exposure limit: 25 Lakhs. Separate approval required for additional exposure

Please note that the service does not offer pay-day loans or loans with less than a 61-day repayment period in compliance with App Store Policy.

The representative example illustrates a scenario where a customer avails a loan amount of ₹1000 under the DS scheme with an interest rate of 12% per annum. By paying only the interest every 30 days for 180 days, the total calculated interest payable amounts to ₹59.17 with an additional processing fee of Rs. 10 at settlement. Therefore, the Total cost of the loan would be ₹1069.17.

These values are indicative and may vary based on the fluctuating gold loan rates. The final interest rate may differ among customers based on their chosen repayment patterns.

For further information on Gold Loan Operational Schemes, Products available, and FAQs, you can visit the relevant sections on the official Manappuram website.

Registered NBFC Name: Manappuram Finance Limited
Address: IV / 470 (old) W638A (New), Manappuram House, Valapad,Thrissur Kerala, India, Pin code: 680567
CIN: L65910KL1992PLC006623
Contact: 1800-420-22-33 (toll-free)
Email: [email protected]