Introduction

Manappuram’s Traders micro credit offer loans All Micro and Small-Shops. Expand your business dreams with manappuram business loans. You can get a business Loan from Rs. 50,000 to Rs 10,00,000 (Ten lakh) with minimal documentation and speedy approval from Manappuram Finance Limited.

Traders micro credit

Eligible Entities

  • All Micro and Small-Shops - Manufacturing and Service sector (small grocery shop, beauty parlor, book shops vegetable shops, stationary shops, mobile shops and other goods shops etc,)

Purpose Of Loans

  • Working Capital Finance
  • Purchase of new goods / stocks along with accessories and incidental Expenses
  • Purchase of shop improvement goods / signboard along with accessories and incidental expenses
  • Expansion of Business
  • Interior development
  • Shop Improvement works such as additional rooms, fitting of A/c, fixing, tiling and flooring, internal and external painting, renovation etc.
  • Purchase/takeover of existing business

 

Unsecured Business loan

Unsecured Business loan

Features of Product

  • Loan sanction within 24 hours
  • Loan up to 3 lakhs.
  • Tenor - 12 Months to 36 Months
  • Flexible EMI
  • Eligible entities – All Micro and Small-Shops
  • Minimum documentation
  • Low processing fee
  • Doorstep service available
  • Loan insurance facility available
  • Minimum 24 months and above business stability required

Documents Required

  • 24 Month above business Stability Proof
  • Current year shop license
  • Latest 1 year bank statement
  • Current year land tax receipt/EC
  • Cheque leaf’s
  • Business income bills/Manual income assessment

Secured Business loan

Secured Business loan

Features of Product

  • Loan up to 10 lakhs.
  • Loan within 48 hours
  • Lowest Interest rate (18 % Onwards*)
  • Tenor - 12 Months to 120 Months
  • Flexible EMI
  • Eligible entities – All Micro and Small-Shops
  • Minimum documentation
  • Low processing fee
  • Doorstep service available
  • Loan insurance facility available
  • Minimum 24 months and above business stability required
     

Documents Required

  • 24 Month above business Stability Proof
  • Current year shop license
  • Latest 1 year bank statement
  • Current year land tax receipt/EC
  • Cheque leaf’s
  • Original property documents and EC
  • 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

​NACH Cancellation

Contact Officials

PostStateOfficial Contact Number
Business HeadKerala9387028450
Branch ManagerKerala9072620703
Branch ManagerTamil Nadu8606032566
Sales HeadTamil Nadu8714635792

Leads Sending Mail id : tmcbusinesshead@manappuram.com