Manappuram Home Finance Home Loan Highlights – 2025 | |
Interest Rate | 11.75% p.a. – 26% p.a. |
Loan Amount | Maximum loan amount up to 80% of property’s market value or estimated cost, whichever is lower |
Repayment Tenure | Up to 20 years |
Processing Fees | 2% of the sanctioned loan amount plus applicable taxes |
Rates as of 10 March 2025
Note: Fixed Interest Rates shall be 1% higher, as compared to the floating rate of interest.
Table of Contents
Manappuram Home Finance Home Loans Interest Rates
Home Loan | Interest Rate Range |
Salaried | 11.75 % p.a. To 26.00% p.a. |
Professional Self Employed | 11.75 % p.a. To 26.00% p.a. |
Non-Professional Self Employed | 11.75 % p.a. To 26.00% p.a. |
Flexi Home Loan for Salaried and Self-employed | 13.00 % p.a. To 19.00 % p.a |
Note: Fixed Interest Rates shall be 1% higher, as compared to the floating rate of interest.
Compare Interest Rates of Home Loans for Top Banks & HFCs
Name of Lender | Loans Up to Rs. 30 Lakh | Loans Above Rs. 30 Lakh to Rs. 75 Lakh | Loans Above Rs. 75 Lakh | |
SBI | 8.25%-9.40% p.a. | 8.25%-9.40% p.a. | 8.25%-9.40% p.a. | Check Eligibility |
HDFC Bank Limited | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards | Check Eligibility |
Bajaj Housing Finance | 8.25%-17.00% | 8.25%-17.00% | 8.25%-17.00% | Check Eligibility |
ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
Axis Bank | 8.75%-12.80% p.a. | 8.75%-12.80% p.a. | 8.75%-9.65% p.a. | Check Eligibility |
Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Check Eligibility |
Punjab National Bank | 8.20% - 10.00% p.a. | 8.15% - 9.90% p.a. | 8.15% - 9.90% p.a. | Check Eligibility |
Kotak Mahindra Bank | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
Bank of Baroda | 8.15% - 10.40% p.a. | 8.15% - 10.40% p.a. | 8.15% - 10.65% p.a. | Check Eligibility |
Canara Bank | 8.25% – 11.00% p.a. | 8.20% – 11.00% p.a. | 8.15% – 10.90% p.a. | Check Eligibility |
IDFC FIRST Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Check Eligibility |
IDBI Bank | 8.40% p.a. onwards | 8.40% p.a. onwards | 8.40% p.a. onwards | Check Eligibility |
Punjab & Sind Bank | 8.35% – 9.85% p.a. | 8.35% – 9.85% p.a. | 8.35% – 9.85% p.a. | Check Eligibility |
RBL Bank | 9.00% p.a. onwards | 9.00% p.a. onwards | 9.00% p.a. onwards | Check Eligibility |
LIC Housing Finance | 8.25% p.a. onwards | 8.25% p.a. onwards | 8.25% p.a. onwards | Check Eligibility |
Tata Capital Housing Finance | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Check Eligibility |
Sammaan Capital (Formerly known as Indiabulls Housing Finance) | 8.75% onwards | 8.75% onwards | 8.75% onwards | Check Eligibility |
Aditya Birla Capital | 8.60% onwards | 8.60% onwards | 8.60% onwards | Check Eligibility |
India Shelter Home Loan | 11.59% onwards | 11.59% onwards | 11.59% onwards | Check Eligibility |
L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
Godrej Housing Finance | 8.55% onwards | 8.55% onwards | 8.55% onwards | Check Eligibility |
Home First Finance | 11.90% onwards | 11.90% onwards | 11.90% onwards | Check Eligibility |
Easy Home Finance | 8.95% onwards | 8.95% onwards | 8.95% onwards | Check Eligibility |
Piramal Capital Housing Finance | 9.50% onwards | 9.50% onwards | 9.50% onwards | Check Eligibility |
Cholamandalam Investment and Finance | 10.50% onwards | 10.50% onwards | 10.50% onwards | Check Eligibility |

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Manappuram Home Finance Fees & Charges
Description | Charges |
Application Fee | Rs. 2,500 |
Processing Fee (Apna Ghar Purchase) & (Apna Ghar Purchase Plus) | 2% |
Prepayment Charges | 4% on Fixed Interest Rates |
Part Payment Charges | No restriction on the part prepayment amount of any loans |
Loan Cancellation Charges | Rs. 3,000 |
Penal Charges | 24% per annum, i.e., 2% per month on the overdue instalment on the actual No of days |
Foreclosure statement | Rs. 500 |
Stamp Duty/Franking charges | At Actuals |
CERSAI Registry | Rs 10, Rs. 50 for loan up to Rs. 5 lakh & Rs 100 for loan above Rs. 5 lakh |
Cheque/ECS swapping charges | Rs. 750 |
Security PDC retrieval Charges | Rs. 500 |
Copy of property documents | Rs. 500 |
Statement of Account | Rs. 500 |
Collection picks up charges | Rs. 500 |
Conversion charges | 1% |
Recovery Charges | At Actuals |
List of Documents | Rs. 1,000 |
Types of Manappuram Home Finance Home Loans
Below mentioned are the various types of home loan schemes offered by Manappuram Home Finance to meet all the housing needs of its customers:
1) House Purchase Loan
Purpose: Manappuram Home Finance Home loans can be used for the purchase of new home(s) whether under-construction or ready-to-move properties.
Features:
Loan Amount:
- Up to 80% of the estimated cost or market value, whichever is lower
- Up to 75% in case of Resale Purchase Applicants and up to 70% in the case of Resale Purchase Plus Applicants
Repayment Tenure: Up to 20 years
Eligibility Criteria:
- Applicants should be Indian citizens with no past loan defaults or any criminal records
- NRIs, PIOs are not be eligible to apply for home loan offered from Manappuram Home Finance
- Home loan can be availed in individual or joint capacity
- All owners / proposed owners of the property need to be the home loan co-applicants
Schemes offered under House Purchase Loan
a) Apna Ghar Purchase – Resale Purchase
b) Apna Ghar Purchase – Under Construction
c) Apna Ghar Purchase – Ready Property
d) Home Loan Resale Purchase – Employee
e) Home Loan Purchase – Employee
2) House Construction Loan
Purpose: Manappuram Home Finance offers home construction loans for the construction of new home on borrower’s existing land or vacant plot.
Features:
Loan Amount: Up to 80% of the property value
Repayment Tenure: Up to 20 years
Schemes offered under House Construction Loan
a) Construction For House – ML
b) Apna Ghar Nirman
c) HL Construction – Employee
3) Home Loan Balance Transfer
Purpose: Manappuram Home Finance balance transfer facility is used to transfer the borrower’s existing home loan from lending institutions, such as private or public sector banks, NBFCs, HFCs to Manappuram Home Finance at lower interest rates.
Features:
Repayment Tenure: Balance tenure of existing loan
Loan Amount: As per the existing loan or the outstanding balance of the principal amount
Schemes under Home Loan Balance Transfer
a) Home Loan Balance Transfer
b) HL Balance Transfer – Employee
4) House Extension Loan
Purpose: Home extension loan offered by Manappuram Home Finance can be used for adding living space to your existing home, such as building an extra room, adding floors, construction of terrace or balcony, etc.
Features:
Loan Amount: Up to 80% of the property value
Repayment Tenure: Up to 20 years
Schemes under Home Extension Loan
a) Construction for Extension – ML
b) MA Visthar
c) HL Extension – Employee
5) House Improvement Loan
Purpose: Consumers can avail Manappuram Home Improvement Loan for renovating or making improvements in your existing home such as internal or external plastering and painting, home extension, borewell, fencing, modular kitchen, repair, etc.
Features:
Repayment Tenure: Minimum 2 years to 10 years
Loan Amount: Up to 80% of property’s market value or estimated cost
Schemes under Home Improvement Loan
a) Construction For Improvement – ML
b) MA Unnathi
c) HL Improvement – Employee
6) Top – Up Loan
Purpose: Manappuram Home Finance offers Top Up loans to enhance the cash flow of the existing home loan and to further use to meet housing requirements.
Features:
- Repayment Tenure: Balance tenure of existing loan
- Loan Amount: As per the existing loan
Eligibility Criteria:
- Customers who have already availed Top up loans are not eligible
- After Top up loan sanctioning, another Top up loan cannot be sanctioned
- Last 6 months with no EMI bounce
- Minimum 6 months of regular EMI payments
- Full disbursal of home loan is mandatory
Schemes under Top Up Loan
a) ML LAP Top Up
b) ML HL Top Up
c) LAP Top Up
d) HL Top Up

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Manappuram Home Finance Home Loan EMI Calculator
Applicants can use Manappuram Home Loan EMI Calculator given on the official website of Manappuram Home Finance. Alternatively, they can use the home loan EMI calculator given below to calculate the EMIs and total interest cost payable throughout the tenure.
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Customer Care
Toll-free Number: 1800-2101-373
Email: customercare@manappuramhomefin.com
FAQs on Manappuram Home Loan
1. What are the prepayment/foreclosure charges charged by Manappuram home loan?
Ans. Manappuram Finance offers prepayment/foreclosure facility to its home loan applicants. However, it has not specified the prepayment charges levied on the home loan applicants.
2. How to apply for Manappuram home loan online?
Ans. Prospective home loan applicants can apply for Manappuram home loan online through the official website of Manappuram Finance. Applicants should also visit financial marketplaces like Paisabazaar.com to compare the interest rates offered by various lenders.
3. What is the minimum credit score required to avail Manappuram home loan?
Ans. Manappuram Finance has not disclosed the minimum credit score required to avail Manappuram home loan. However, applicants having a minimum credit score of 700 and above have higher chances of availing home loans. Some lenders also offer home loans to applicants having lower credit scores but at higher interest rates.
4. What is the toll-free number for Manappuram home loan?
Ans. The toll free number for Manappuram home loan is 1800-2101-373. The borrowers can also email at customercare@manappuramhomefin.com for any queries.
5. Is it mandatory to have co-applicants for Manappuram home loan?
Ans. Manappuram Finance has not mentioned the requirement of co-applicant for availing its home loan. However, all the co-owners of the property should necessarily be the co-applicant for any home loan and most lenders usually allow immediate family members like spouse, parents, etc. to be the co-applicant(s) of home loan.
6. How do I repay my Manappuram home loan?
Ans. You can repay your Manappuram home loan through NACH, post-dated cheques, EMIs, online payment and also through the gold loan branches of Manappuram Finance Limited.