Manipal Fintech Blog

Tag: manipal gold loan

  • Benefits of Taking Gold Loan from Manipal Fintech

    Benefits of Taking Gold Loan from Manipal Fintech

    You have had a house on your wish list for a long time. It is now available, but you need to put a down payment of Rs. 5 Lakhs immediately to block the property. What do you do? You have a FD maturing next year but you don’t want to liquidate it right now. Should you borrow from friends or family? Or wait!!! Can you use the gold jewellery that is idling in your locker? A gold loan can be a life saver in these circumstances.

    How Does a Gold Loan From Manipal Fintech work?

    Getting a loan against gold with Manipal fintech is as easy as a walk in the park. All you need to do is log on to our website or call up on 1800 309 8440 and share basic details of your requirement. As per your convenience, an authorised Manipal Fintech Officer will visit your residence to process your Gold Loan at home.

    The gold offered as collateral needs to be in the form of jewellery of at least 18-carat purity. The executive will assess the gold, weigh it and arrive at the loan amount. After verifying and completing the documentation, the gold loan will be disbursed to your account. The jewellery will be placed in a tamper-proof sealed bag and deposited in the vault of the nearest partner Bank Branch.

    Get a quick & hassle-free gold loan now

    Apply Now

    What Is the Maximum Amount?

    Manipal Fintech offers Gold Loans up to a maximum of 75% of the gold value. For instance, if the value of your gold jewellery is Rs 10,00,000, you can get a maximum loan of Rs 7,50,000. Pledge the right quantity of gold to base your loan requirement.

    Does A Loan Against Gold Processing Require a Lot of Documentation?

    The good thing about the Gold Loan process is that it is simple and hassle-free. Unlike regular loans process you do no have to provide multiple documents, you just need to submit a few documents such as identity & address proof. Following are some documents a lender may ask to provide you a loan-

    • Photograph (Passport size)
    • PAN Card or any other Identification Document
    • Aadhaar Card or any other Address Proof Document
    • Bank Account Details

    The executive will verify the documents and complete the processing immediately.

    How Do I Repay A Gold Loan?

    Gold loans are short-term loans, and Manipal Fintech offers three repayment options –

    1. SahiMax – Only pay monthly interest on the loan while the principal can be repaid at the end of the loan tenure in a single payment.
    2. SahiDelight – A unique option available only for gold loans, repay the principal with interest in a single payment at the end of the loan tenure. There is no pressure to make monthly payments and your cash flow will remain unaffected.
    3. SahiFlexi – A gold backed overdraft option where interest will be charged based on the amount used. Interest will not be levied on idle funds which makes it a convenient option for working capital loans or for capricious capital needs.

    These three borrower-friendly options make gold loan repayments convenient and flexible. You can pick the one that works for you.

    Why Manipal Gold Loan a Good Option?

    1. Doorstep Service – You get flawless service right at your doorstep saving you the hassle of moving around with your gold jewellery which may be a risky proposition. An authorised representative with the necessary credentials will process your loan in the comfort of your home.
    2. Instant Disbursement – Once the gold is assessed and the documents are verified, the loan will be credited to your account immediately. In less than an hour, you can get access to a gold loan which is much faster compared to other loans.
    3. Competitive Rates – You can get gold loans for a maximum tenure of 12 months at reasonable rates (starting at 8.5%). Since gold loans are secured loans, they work out cheaper than unsecured loans.
    4. Simple Eligibility Criteria – You should be an Indian citizen or resident between 18 to 70 years of age. You should have gold jewellery with a purity of 18 carats or more that can be pledged as collateral.
    5. No Compulsion to Maintain High Credit Score – The main parameter for a gold loan is the possession of gold. This makes this an attractive option for several borrowers.
    6. Flexible Repayment Options – Manipal gold loans offer you three friendly repayment options that can help you repay the loan comfortably without any pressure on your monthly cash flow.

    Wrapping Up

    We offers a quick, hassle-free doorstep gold loan service that makes it extremely popular across the customer segment it serves. Manipal fintech has disbursed over Rs. 5000+ crores of loans to 150,000+ customers across 250+ cities. Put your idle gold jewellery to work by applying for a Manipal gold loan today.

    If you own gold assets and are considering a loan, choosing doorstep services can provide you with a seamless and efficient borrowing experience.

    Apply for a gold loan 24/7 on www.manipalfintech.com, or call at 18003098440

  • Unlock the Festive Joy with Manipal Gold Loan!

    Unlock the Festive Joy with Manipal Gold Loan!

    As the festive season approaches, Manipal Fintech proudly announces its special Festive Gold Loan offer, perfect for Deepawali! Whether you’re planning a grand celebration, stocking up your shop as a small business owner, buying gifts for your loved ones, or simply needing extra funds, this offer helps you make your dreams come true with an extra Bonanza gift to your home. 

    What is Manipal Fintech?

    for financial needs, manipal gold loan is the best choice

    Manipal Fintech is a prominent gold loan aggregator platform in India, dedicated to providing financial solutions by leveraging gold assets, partnered with India’s leading banks for gold loans. Manipal Fintech offers secure and instant gold loans right at the customer’s doorstep and provides assistance service at the branch visit. This service aims to empower individuals with financial independence through a straightforward and hassle-free loan process. Manipal Fintech helps customers unlock the value of their gold assets efficiently and conveniently by simplifying the procedure and ensuring quick access to funds. And now, with the most convenient gold loan, Manipal Gold Loan customers are getting a Festive Offer. To know more, read the blog.

    Benefits of Taking a Gold Loan from Manipal fintech

    how manipal gold loan would be beneficial

    1. Quick and Easy Process: Manipal Fintech ensures a seamless loan application process. You can apply online or via a phone call, and an authorized officer will visit your home to assess the gold and complete the necessary documentation. This convenience saves you time and effort, allowing you to secure funds swiftly.
    2. Attractive Interest Rates: Manipal’s gold loans come with competitive interest rates, often lower than those of personal loans or credit cards. This makes them a cost-effective borrowing option, especially for short-term financial needs.
    3. Minimal Documentation: Unlike other types of loans that require extensive paperwork, gold loans from Manipal fintech need only basic documents such as identity and address proof. This simplicity speeds up the approval process, ensuring you get the funds when you need them most.
    4. High Loan-to-Value Ratio: Manipal Fintech offers up to 75% of the gold’s market value as a loan. This high loan-to-value ratio means you can maximise the amount you borrow against your gold assets, providing substantial financial support.
    5. Flexible Repayment Options: Manipal Fintech provides multiple repayment products to suit different financial situations:
      • SahiMax: This option allows you to pay only the monthly interest on the loan, with the principal amount due at the end of the loan tenure. It’s ideal for those who prefer lower monthly outflows.
      • SahiDelight: With this unique product, you can repay both the principal and interest in a single payment at the end of the loan tenure. This option is perfect for those who want to avoid monthly payments and manage their cash flow more effectively.
      • SahiFlexi: This is a gold-backed overdraft facility where interest is charged only on the amount used. It’s a convenient option for those with fluctuating financial needs, as it ensures you don’t pay interest on idle funds.
    6. Safety and Security: Manipal Fintech ensures the utmost safety of your gold. The pledged gold is stored in tamper-proof sealed bags and deposited in secure vaults of partner banks, giving you peace of mind about the security of your valuable assets.

    Dhamaka Festive Offer with Manipal Gold Loan!

    The festive season is upon us, and what better way to celebrate than by unlocking the value of your gold with Manipal Fintech’s incredible gold loan offer? Imagine the joy of not only securing the funds you need but also standing a chance to win a Smart LED TV!

    festive dhamaka offer get smart tv

    Celebrate this festive season with Manipal Gold Loan and stand a chance to win a Smart LED TV with a 139 cm wide screen!

    Offer Details:

    Apply for a Gold Loan: Secure your financial needs with our hassle-free gold loan process.

    Prize: Every applicant gets a chance to win a Smart LED TV Samsung 4K HUD TV.

    Validity: This special offer is valid from 1st September to 30th November.

    Terms and conditions apply. You can refer to our website or contact our customer service for detailed information.

    Eligibility for the Festive Offer

    To participate in the Manipal Fintech Festive Offer and enter the lucky draw, you need to meet the following criteria:

    Citizenship and Age:

    • You must be an Indian citizen.
    • You must be 18 years or older.

    do the process for get smart tv

    Application Process:

    To begin the process, 

    1. Visit the Manipal fintech Website: Visit the Manipal Fintech website by navigating to Manipalfintech.com.
    2. Enter Your Details: Once on the website, you will need to provide your details, such as your full name, mobile number, and PIN code.
    3. Submit Your Application: After entering your details, you can submit your application by clicking on the submit button.
    4. Schedule a Visit: After you submit your application, a Manipal Fintech officer will contact you to schedule a visit at your earliest convenience.
    5. Gold Valuation and Documentation: During the scheduled visit, the Manipal Fintech officer will assess the value of your gold and complete all the necessary documentation.
    6. Instant Loan Disbursal: Once the documentation is verified, the loan amount will be disbursed instantly to your designated account.

    Loan Approval and Disbursement:

    Your loan application must be approved and disbursed through Manipal Fintech’s partner Banks/NBFC.

    Taking a gold loan from Manipal Fintech offers numerous benefits, making it an attractive option for those in need of quick and hassle-free financing.

    Bottom Lines

    In conclusion, Manipal Fintech’s Festive Gold Loan offer is an excellent opportunity to unlock the value of your gold assets with minimal hassle and maximum benefits. With competitive interest rates, flexible repayment options, and the convenience of doorstep service, Manipal Fintech ensures a seamless and secure loan process. This festive season, take advantage of the special offer to not only meet your financial needs but also stand a chance to win exciting prizes like a Smart LED TV. Apply today and make your Deepawali celebrations truly memorable!

    Looking for a quick and hassle-free gold loan with a high gold loan value?

    Apply for a gold loan 24/7 on www.manipalfintech.com, or call at 18003098440