Manappuram OGL Lite

“It's an easy, fast, and robust gold loan app. The 1-step Online Gold Loan feature in the Manappuram OGL Main app provides the fastest and most delightful experience for gold loan customers. Check out the latest app and don't forget to share your feedback rating on the App Store. Available in English, Tamil, Malayalam, Kannada, Telugu and Hindi. With Manappuram OGL Main App Customers Can Manage, Repledge, and make Payments towards their gold inventory.
The Manappuram OGL app lets you avail of a gold loan anytime, anywhere, even from the comfort of your home. Now you can pay interest, check account statements, or locate the nearest Manappuram Finance branch conveniently with this easy-to-use mobile app. Make it your trusted companion for all your financial needs. Go Digital the easy way, with Manappuram Finance.
Additionally, Manappuram OGL Lite allows users to check their eligibility for various Manappuram products. Manappuram Finance Limited a leading Non-Banking Financial Company (NBFC) in India under the able stewardship of Shri. V.P. Nandakumar, MD & CEO of the Company.”
Product details:
1. Gold Loan amount ranges from ₹ 1000 to as per requirement/eligibility
2. Loan duration: 90 days to 365 days
3. Annual Gold Loan Interest rates (APR, Min to Max): 9.90% - 24%
4. Processing fee of Rs. 10/- for all schemes at the time of settlement.
5. Additional processing fee on Repledge at 0.007% of new pledge value.
6. Individual maximum exposure limit: 25 Lakhs. Requires separate approval for additional exposure.
Note: We do not provide any pay-day loans or loans with less than a 61-day repayment period in accordance with App Store Policy.
Representative Example:
If the loan amount is ₹1000 and a customer selects the DS scheme with an interest rate of 12% per annum; & if the customer pays only the interest every 30 days for the next 180 days, then the overall calculated interest payable would be ₹59.17 only. A processing fee may be charged & it would be Rs.10 for all schemes at the time of settlement. So, the Total cost of the loan would be (Principal + Interest + Processing Fee): ₹1069.17. The customers get the convenience of paying the principal balance anytime within 180 days of tenure.
These numbers are indicative and subject to change according to the gold loan rate per gram. The final interest rate of the loan amount may vary from one customer to another depending on his chosen interest repayment pattern.
Gold Loans Operational Schemes - https://www.manappuram.com/gold-loan/operational-schemes.html
Products - https://www.manappuram.com/products.html
FAQ - https://www.manappuram.com/gold-loan/help-gold-loan.html
Gold Loan Enquiries - https://www.manappuram.com/gold-loan.html
Registered NBFC name :
Manappuram Finance Limited, IV / 470 (old) W638A (New), Manappuram House, Valapad,Thrissur Kerala, India, Pin code : 680567 CIN:L65910KL1992PLC006623 1800-420-22-33 (toll free) [email protected]