SME Finance

Manappuram Finance Limited is committed to making life easier for Small and Medium Enterprises. We offer quick and convenient loans which help a business owner take care of their business instead of worrying about the credit needs

Highlights

  • Door step service
  • Simpler Documentation
  • Attractive Rate of Interest
  • Ticket Size ranges from 2 Lakhs to 25 Lakhs
  • Loan Tenure -  84 Months Max.
  • Quick turnaround time (TAT)

Eligibility

  • Self-employed professional (SEP)
  • Self-employed Non-professional (SENP)
  • Salaried individual

Entities

  • Individual/ proprietorship
  • Partnership firm
  • Private listed companies

Qualification

 Parameters  Salaried  SEP/SENP
 Minimum – Maximum Age  18 – 60 Years  21 – 65 Years
 Total experience
 6 months with the current organization. Total 2 Years  Minimum 2 Years

End Use

  • Business expansion
  • Working capital
  • Repairs/ renewal of property
  • Acquisition of movable immovable assets for business

Documents

  • KYC
  • For Salaried, last 3 months salary slips and 6 months’ salary saving account statement
  • For SENP Last 2 years ITR and 6 months saving and current account statements
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