manappuram group

Manappuram Finance Ltd. is a leading gold loan NBFC in India that provides financial assistance to people in need of immediate funds. It solves the problem of people who require quick loans by accepting gold as collateral and providing loans at affordable interest rates. The company operates in the financial services industry and has a vast network of branches across the country. Company history and use-cases Manappuram Finance Ltd. was founded in 1949 by Mr. V.C. Padmanabhan in Valapad, Thrissur District, as a pawnbroking and money lending firm. After the demise of Mr. Padmanabhan, his son, Shri. V.P. Nandakumar, took over the company in 1986 and transformed it into a leading gold loan NBFC. The company has grown rapidly since its incorporation in 1992 and has a workforce of 19,372 employees. Manappuram Finance Ltd. provides loans against gold to people who require immediate funds for various purposes such as medical emergencies, education, business expansion, and more. Industries in which the company operates: Manappuram Finance Ltd. operates in the financial services industry and provides gold loans to people in need of immediate funds. The company has a vast network of branches across 28 states/UTs in India and has assets under management (AUM) of nearly Rs.13,0140 million.