Manappuram Finance Ltd, one of India’s leading Non-Banking Financial
Companies (NBFC), has launched a new door-step service for gold loans in Chennai.
Launched
initially in Bangalore as a pilot project at 5 branches, the service has now
been extended to 100 branches in the city, with one branch providing the
doorstep service 24×7. These services are also available at 107 branches in
Chennai.
Customers who
wish to avail the service are required to place a call on a designated mobile
number (9539762222 for Bangalore and 9072602222 for Chennai). Two employees of
the company carrying proper identification will then make a visit to the
customer’s residence to appraise the gold and disburse the loan on the spot
through NEFT or IMPS. There is no option for cash disbursement. The
doorstep service relieves customers of the security risks of travelling long
distances while carrying gold and they can avail gold loan from the comfort of
their home or office.
About Manappuram Finance Ltd.
Manappuram Finance Ltd. is one of India’s leading gold loans NBFCs
engaged in providing finance against used household gold ornaments.
Incorporated in 1992, the company has been promoted by Mr.
As of
September30, 2018, the Company had 4,260 branches across 24 states and 4 UTs with
Assets under management (AUM) of Rs.17,190.70crore. The company’s net worth
stood at Rs.4,143.50crore.
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