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Manappuram Finance Limited – Gold Loan - Loans in 56, Nelson Manickam Rd, opp. Chellamani & Co, West Namasivaya Puram, Choolaimedu, Chennai Manappuram Finance Limited – Gold Loan

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Welcome to Manappuram Finance Limited – Gold Loan

More about this listing

Manappuram Finance Limited – Gold Loan operates at 56, Nelson Manickam Rd, opp. Chellamani & Co, West Namasivaya Puram, Choolaimedu, Chennai, Tamil Nadu. The branch provides gold loan services as part of Manappuram Finance Limited, a non-banking financial company (NBFC) offering loans against gold jewellery. Customers pledge gold ornaments at the nearest branch, where the gold is valued to determine the loan amount.[1][4][5]

Gold loans start at a minimum of Rs. 10,000, with various operational schemes available featuring tenures up to 365 days and interest rates ranging from 9.90% to 24.00%, depending on the scheme and loan limit. Schemes include options like SL (minimum Rs. 10,000), TMA series (minimums from Rs. 50,000 to Rs. 25 lakhs), and others up to Rs. 50 lakhs, with adjustments for interest rebates on prompt payments. Loans can reach up to Rs. 5 crore, supported by minimal paperwork, quick approval processes, and instant disbursal to a linked bank account via online registration, mobile app, or website.[1][2][3]

The application process involves submitting ID and address proofs, gold evaluation, and fund release for immediate use. Manappuram Finance Limited maintains over 4,190 branches across 25 states in India, focusing on gold loans alongside other financial products.[4][5][9]

Our Services

Professional loan and financial services

01
Gold Loan

Manappuram Finance provides gold loans in Chennai with low interest rates starting from 9.90% per annum. Customers pledge gold jewelry of 18k to 24k p...

02
Online Gold Loan

Customers can apply for online gold loans up to ₹5 crore against gold through the Manappuram Finance website or mobile app. Process involves registrat...

03
Instant Gold Loan

Instant gold loans feature a streamlined application process for rapid cash access by leveraging gold assets. Available online or at branches in Chenn...

Opening Hours

Visit us during our operating hours

Currently Closed
Monday 9:30 AM - 6:30 PM
Tuesday 9:30 AM - 6:30 PM
Wednesday 9:30 AM - 6:30 PM
Thursday 9:30 AM - 6:30 PM
Friday 9:30 AM - 6:30 PM
Saturday Today 9:30 AM - 6:30 PM
Sunday Closed

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Address
56, Nelson Manickam Rd, opp. Chellamani & Co, West Namasivaya Puram, Choolaimedu, Chennai, Tamil Nadu 600094, India
600094
,

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How this area fits the map

Located on Nelson Manickam Road in Choolaimedu, West Namasivaya Puram, this Manappuram Finance branch serves the Chennai locality and surrounding areas of Tamil Nadu with accessible gold loan services.

At a glance

  • Quick approval within minutes for gold loan applications with minimal paperwork
  • Flexible loan amounts from ₹1,000 to ₹1.5 crore against gold ornaments (18–24 karat)
  • No prepayment penalties and no lock-in period; repayment terms from three months
  • Secure storage with electronic surveillance, strong safes, and full-value insurance on pledged gold
  • 24/7 online application available; in-person support at Nelson Manickam Road, Choolaimedu branch

Occasions & use cases

Emergency Financial Needs in Choolaimedu, Chennai

Residents of West Namasivaya Puram and Choolaimedu facing urgent financial requirements can access gold loans quickly at the Nelson Manickam Road branch. The streamlined approval process and minimal documentation make it convenient for individuals needing immediate funds against their gold ornaments.

Business Financing via Gold Loans in Chennai

Small business owners and entrepreneurs in the Choolaimedu area can leverage gold loans to meet working capital needs. Manappuram Finance accepts gold collateral and provides loans up to ₹1.5 crore, supporting business growth without lengthy approval processes.

Flexible Repayment Options for Chennai Residents

Borrowers in West Namasivaya Puram and surrounding Chennai localities benefit from flexible three-month to one-year repayment terms with no prepayment penalties. This flexibility allows customers to repay earlier if their financial situation improves.

Secure Gold Pledging in Choolaimedu

The Nelson Manickam Road branch offers secure storage facilities with electronic surveillance and full-value insurance for pledged gold ornaments. Customers can confidently pledge their jewelry knowing it meets commercial banking standards for safety.

Where customers typically look

Manappuram Finance Limited serves customers from Choolaimedu, West Namasivaya Puram, and the broader Chennai locality through their Nelson Manickam Road branch. The facility caters to residents and business owners in Tamil Nadu seeking gold loan services.

With an extensive network of 3,500+ branches across 28 states, the company also supports customers who prefer to apply online from anywhere in India or globally. The Chennai branch specifically addresses the financial needs of the local West Namasivaya Puram and Choolaimedu communities.

How to find this area

Phrases grounded in the listing address — verify on a map before visiting.

  • opposite Chellamani & Co
  • Nelson Manickam Road
  • West Namasivaya Puram
  • Choolaimedu

Typical visitors

Individuals and small business owners in Choolaimedu and West Namasivaya Puram who own gold ornaments and need quick access to funds should visit this Manappuram Finance branch. The service suits those seeking short-term to medium-term financing without extensive paperwork or lengthy approval timelines.

Residents of Chennai facing emergency expenses, working capital requirements, or temporary financial needs can benefit from the flexible gold loan offerings. The branch welcomes customers looking for a transparent, methodical lending process with competitive interest rates and secure collateral storage.

Common questions

Please contact the branch directly or visit the Manappuram Finance website for the most current operating hours. Typical branch hours are 9:30 AM to 6:30 PM, Monday through Saturday, with Sunday closures. You may also apply online 24/7 through their website.

This is an unclaimed Informay listing. Business information is provided for reference only. We recommend contacting Manappuram Finance directly at their customer care toll-free number (1800 420 22 33) or visiting the branch to confirm current services, rates, and terms.

You can apply online 24/7 through the Manappuram Finance website or visit the branch at 56, Nelson Manickam Road, Choolaimedu in person. You will need to submit your gold ornaments (18–24 karat purity) and supporting documents. Approval typically occurs within minutes if all documentation is complete.

Gold loans are available starting from ₹10,000 with minimal paperwork. The maximum loan amount is ₹1.5 crore. Loan amounts are determined based on the gold's purity, weight, and valuation after deducting stones and other non-gold materials.

No. Manappuram Finance gold loans have no prepayment penalties, no minimum lock-in period, and no hidden charges. You can repay your loan earlier than the scheduled term without any additional fees.