Manappuram Finance Limited is a non-banking financial company (NBFC) in India, headquartered in Kerala. It provides a variety of lending and finance services with a particular focus on gold-backed loans, among others. The company operates through a large branch network across India.
Manappuram Finance is an established NBFC that offers financial services such as gold loans, vehicle loans, business loans, and property-linked lending. Though gold-lending is core, the firm’s offerings are broader and it has operations in many states of India.
Products & Services
Manappuram offers multiple financial services. Some of its key offerings include:
- Gold Loans – including an online gold-loan facility available 24×7.
- Loan Against Property – enabling customers to pledge property for large expenses with monthly repayment terms.
- Vehicle Loan / Two-Wheeler Finance
- Business Loans
- Digital Personal Loans
- Additional lending & finance products such as SME finance / housing-oriented lending.
- Foreign exchange and money-transfer-related services are also listed among its services.
The company highlights that its gold loan scheme involves minimal documentation, quick disbursement, and claims to offer favorable terms such as high loan amount per gram of gold pledged.
Scale & Reach
Manappuram’s operations are nationwide. According to its disclosures, it has thousands of branches across India. It operates in many states — its Annual Report notes presence in 28 States / Union Territories.
The registered / corporate office is in Thrissur district, Kerala. The scale of its operations is large nearly 97% of its turnover is from financial services such as lending activities.
Highlights & Differentiators
- Wide geographical presence via a large branch network across many Indian states.
- Core product offering anchored on gold-backed lending, which enables customers to unlock liquidity against physical assets (gold jewellery).
- Online facility for gold-loan applications / management to improve convenience and availability.
- Listed status and compliance via published annual reports adds transparency to its operations.
- Range of finance products beyond gold loans — covering property-based lending, vehicle / business loans, and digital lending options.