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What is Gold Loan at 21.59% Interest Rate about?

Manappuram Finance Limited offers a gold loan of ₹189,020 with a fixed interest rate of 21.59% and an annual percentage rate (APR) of 24.19%. The loan is disbursed 100% upfront with a repayment term of 365 days, allowing for lump sum or partial repayments. Additional fees include a processing fee of ₹30 and various contingent charges, with a grievance redressal mechanism in place for customer complaints.

Author

ashwanimeena688

Language

EN