Manappuram Finance Ltd. (MANAPPURAM)

Overview

Manappuram Finance Limited is a distinguished gold loan and non-banking financial company (NBFC), committed to providing a wide range of retail credit products and financial services across India. Originally established in 1949 and having undergone a name change from Manappuram General Finance and Leasing Limited to its current name in 2011, the company stands as a bastion of financial support for a diverse clientele. Operating across 28 states and 4 Union Territories, Manappuram Finance Limited is headquartered in Thrissur, India, where it continues to innovate and expand its services to meet the evolving needs of its customers, ranging from retail and microfinance clients to small and medium enterprises, as well as commercial customers.

Products and Services

• Loans against Gold: Offers loans against the security of used household gold jewelry. This includes traditional gold loans and online gold loans, providing a quick and secure means to access funds.
• Microfinance Loans: Targets low-income populations in rural and semi-urban areas, aiming to bolster their financial stability and support their livelihoods through accessible lending services.
• Home Loans: Provides comprehensive financing solutions for the construction, extension, purchase, and improvement of homes, catering to the dreams of numerous families and individuals seeking a place to call their own.
• Insurance Products: Offers a variety of life and non-life insurance products, ensuring customer security and peace of mind against unforeseen circumstances.
• IT Solutions: Delivers state-of-the-art IT solutions to enhance business processes and customer experiences, keeping pace with the digital era's demands.
• Depository Services: Offers secure and reliable depository services, including but not limited to safekeeping securities, facilitating transaction settlements, and providing related services.
• Fee-based Services: Provides an array of fee-based services such as money transfer, foreign exchange, and additional depository services, catering to the diverse financial needs of its clientele.
• Vehicle and Equipment Finance: Includes financing options for commercial vehicles, construction equipment, two-wheelers, cars, and farm equipment, enabling customers to purchase necessary vehicles and equipment for personal or business use.