Tag Archives: Manappuram Housing Finance Home Loan

Manappuram Home Finance – Home Loan Eligibility, Interest Rate, EMI Calculator

Manappuram Home Finance – Apply & Get Lowest Interest Rate from Manappuram. Check Home Loan Eligibility, EMI Calculator, Documents Required & Processing Fee. 

Manappuram Housing Finance – Get Instant Loan Quotes Online

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Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Manappuram is the leading home finance company which got incorporated in 1992 with the aim providing home loan to every individual at minimal interest rates. Manappuram Finance Ltd. Became the first Kerala based NBFC to receive foreign investment from FIIs. The company has a huge customer base build on trust & the best team to help the clients at every level.

Manappuram Home Finance provides various home loan products for different requirement. One can avail home loan for the following mentioned purpose :-

  • For Purchase of New House/ Construction of a New House
  • For Resale Purchase of House
  • Home Extension
  • Home Improvement

Manappuram Housing Finance Home Loan Interest Rate

INTEREST RATES
For Purchase / Construction of a new house 14% to 18% p.a
For Resale purchase of house 14% to 18% p.a
Home Extension 16% p.a
Home Improvement 18% p.a
Balance Transfer 14% to 18% p.a

Features, Benefits, Eligibility & Other Important Information

  • Home loan can be availed by Indian Residents individuals singly or jointly. NRIs & IPOs are not eligible.
  • Maximum loan term is 240 months or 120 months in which the loan shall be completely repaid.
  • However, The tenure will also be dependant of customer’s profile, age of customer & age of the property at the time of maturity of loan.
  • Applicants can avail a maximum loan of up to 80% of the market value of the property or of the cost whichever is low (Subject to individual eligibility as assessed by MAHOFIN.
  • Minimal fee & Charges are applicable by Manappuram Home Finance Ltd.
  • Quick & Easy loan disbursal in minimum time period.
  • Minimum loan amount of ₹ 5 lakh can be availed with a maximum of ₹ 2 Crore.

Manappuram Housing Finance Home Loan EMI Calculator

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Documents Required 

LIST OF DOCUMENTS
ID & Residence Proof Income Proof Other documents
Voter ID card /PAN Card/ Passport/ Driving license/ Aadhaar Card PAN Card Business profile
Utility bill (not more than 2 months old) Current account statement of business entity Details of any outstanding amount as per CIBIL Report
Latest property/ Municipal Tax Receipt Savings account statement for last 6 months Certificate of any outstanding (In refinance & balance transfer cases)
Bank or Post office account passbook Copies of bill book/ order book/ payment receipts Cheque for application fee @ 0.5% of amount of loan favouring the company name
Copy of lease/ leave & license agreement duly executed & registered as per state laws Latest Form 26AS (If available)

Processing Fee

PROCESSING FEE & OTHER CHARGES
Application charges 0.50%
Documentation & other charges 1.00%
Cheque bounce ₹ 750/-
Swapping charges for PDCs ₹ 500/-
Overdue interest rate on the amount 2.00%
Processing charges 1.00%

HOW TO APPLY ?

Step 1 : You can simply click on the link to submit the form loansninsurances.com

Step 2 : Fill all the required professional & personal details & Get instant quote on your eligibility, documents required & Other important procedure.

Step 3 : Our representative will get in touch with you to help you further.