Introduction

Manappuram’s Loan to Food Industry dept offer loans to Hotels ,Bakery, General Store and Food Processing Units, Expand your business dreams with Manappuram business loans.

You can get a business Loan from Rs. 50,000 to Rs 15,00,000(Fifteen lakh) with minimal documentation and speedy approval from Manappuram Finance Limited.

Loan to Food Industry

Loan to Food Industry

Eligible Entities

  • Bakery & Cool bars, Tea shops, Hotels , Soft Drinks and Aerated water shops. Fish , Poultry Egg & Meat shops , Diary farms, Fruits and Vegetables shops ,General Store/Super Market, Bread Manufacture ,All other industry coming under hospitality sector

Purpose of loans

  • Expansion of Business
  • Purchase of new industrial kitchen equipment
  • Purchase of new equipment like fridge, mixture grinder, furniture etc
  • Hotel Improvement works such as additional rooms, fitting of A/c, fixing of signboard, tiling and flooring, internal and external painting, renovation of kitchen etc.
  • Purchase/takeover of existing business

Secured Business loan

Features

  • Loan up to 15 lakhs.
  • Loan within 48 hours
  • Lowest Interest rate (16%Onwards*)
  • Tenure - 12 Months to 120 Months
  • Flexible EMI
  • Eligible entities – Hotels ,Bakery, General Store and Food processing Units
  • Minimum documentation
  • Low processing fee
  • Doorstep service available
  • Loan insurance facility available
  • Minimum 6 months and above business stability required

Documents required

  • 6 Month above business Stability Proof
  • Current year shop license
  • Latest 1 year bank statement
  • Current year land tax receipt/EC
  • Cheque leafs
  • Original property documents and EC
  • Business income bills/Manual income assessment

Unsecured Business loan

Features

  • Loan sanction within 24 hours
  • Loan up to 5 lakhs.
  • Tenure - 12 Months to 36 Months
  • Flexible EMI
  • Eligible entities – Hotels, Bakery, General Store and Food processing Units
  • Minimum documentation
  • Low processing fee
  • Doorstep service available
  • Loan insurance facility available
  • Minimum 6 months and above business stability required

Documents required

  • 12 Month above business Stability Proof
  • Current year shop license
  • Latest 6 Month bank statement
  • Current year land tax receipt/EC
  • Cheque leafs
  • Business income bills/Manual income assessment

Repayment

EMI based, NACH, Post-dated Cheques, Online Payment and also through all the gold loan branches of Manappuram Finance Limited.

Penal charges will be charged @1.5% per month on overdue amount for actual days of due

Contact Officials

PostStateOfficial Contact Number
Branch ManagerAndhra Pradesh87146 34067
Sales HeadAndhra Pradesh95814 44668
Branch ManagerKarnataka8714634077
Sales HeadKarnataka95670 98411
Business HeadKerala90726 07718
Branch ManagerTelengana8714634082
Sales HeadTelengana9567101749
Branch ManagerTamil Nadu8714634074
Sales HeadTamil Nadu8714634072

Leads Sending Mail id : lfihead@manappuram.com 

Enquire Now

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