Looking for the latest Manappuram gold loan interest rate in 2026? Check the base rate (21.02%), per gram value today, LTV up to 75%, schemes, charges, and how to apply online.
Anjali Singh
Assistant Manager
Financial emergencies rarely come with a warning. Instead of selling your gold or opting for high-interest personal loans, a gold loan can offer quick and secure access to funds. Among India’s leading gold loan providers, Manappuram Finance is known for competitive interest rates, transparent charges, a customer-centric approach, and flexible repayment options.
In this updated January 2026 blog, we cover the Manappuram gold loan interest rate 2026, per gram value today, base rate details, applicable charges, LTV, schemes, and eligibility criteria so you can make an informed borrowing decision.
Interest-Rate Range: Starting from 9.90% p.a. (scheme-based)* with a base interest rate of 21.02% p.a. The final rate depends on the LTV selected, tenure, repayment frequency, and applicable rebates.
Loan-to-Value (LTV): Up to 75% LTV on the market value of the gold that you pledge with the lender. However, it can vary based on the loan amount, scheme type, and policy changes.
Per-Gram Valuation: Considering the Manappuram gold loan rate today and the purity of the gold, the lender calculates the loan amount per gram. Manappuram Finance gold loan calculator offers a simple approach - per-gram market price × weight × determined LTV.
Tenure and Repayment: Usually offered for up to 12 months, Manappuram gold loans feature flexible repayment options, such as interest-only schedules, bullet repayment, or part prepayments. It depends on the scheme you choose.
Base interest rate as per January 2026 official update. Annualised rate may go up to 23.17% depending on scheme.
As per January 2026 official data, the base interest rate starts from 21.02% p.a., while scheme-based slab rates may start from 9.90% p.a.
Interest rates vary depending on:
Smaller loans may carry slightly higher effective rates, while higher loan amounts can sometimes qualify for better slabs.
This means early repayment can reduce total interest payable.
“How much will I get for 1 gram of my gold?” - This is the most common question asked by the borrowers. The process is simple:
If 1 gram of 22K gold = ₹8,000
5 grams = ₹40,000
At 75% LTV → Maximum loan eligibility ≈ ₹30,000
Remember, purity, wastage, and deductions are all responsible for influencing the final per-gram loan amount. Solution? Use the gold loan calculator of the lender to make valuable decisions.
Although the maximum allowed LTV per scheme can be 75, the published operational figures used by Manappuram indicate that, on average, LTV on its active book can be significantly lower (the company reported an average gold loan LTV of approximately 57% at 31 March 2025). That is to say that real lending practice, which is risk-managed and portfolio-directed, may be conservative than published maxima. This is a reminder that the amount provided will be determined by branch appraisal, scheme, and company policy at the time of application. The regulatory modifications (RBI or Department of Financial Services instructions) can also influence LTV and other standards; therefore, it is always wise to verify any new announcements.
Apart from interest, borrowers should be aware of applicable charges:
Always confirm updated charges at the branch before finalising the loan.
Indian residents aged 18 years and above can apply.
The borrower must be the rightful owner of the jewellery being pledged.
Unlike unsecured loans, income proof and credit score are usually not primary factors. However, higher loan amounts or business-linked loans may require additional checks.
The highlight? The income and credit background of a loan does not play as crucial with Manappuram gold loan per gram as compared to unsecured loans, yet some schemes or higher levels of disbursals might demand extra documentation or checks, especially business/large loans.
A Manappuram gold loan can be a practical solution when you need quick liquidity without selling your jewellery. However, always check the latest Manappuram gold loan interest rate 2026, verify per gram value, understand applicable charges, and compare the effective cost before applying.
Using the official gold loan calculator and reviewing updated scheme details can help you secure better terms and avoid unexpected charges.
Also Read:
- Muthoot Finance Gold Loan Interest Rate 2026
- Is It Possible to Transfer Gold Loan? Process & Benefits
The base interest rate starts at 21.02% p.a., while scheme-based rates may start from 9.90% p.a., depending on LTV and tenure.
It depends on the current gold market price and applicable LTV (up to 75%). Final per gram eligibility is determined after branch appraisal.
Manappuram promotes the capability of lending in big-ticket (up to several crores with special permission); however, the normal retail credits are up to 1.5 crores in the case of common channels.
Yes. Processing (₹25), insurance (₹25), printing (₹6), postage (₹30), and penal charge (2% p.a. on overdue amount).
Yes. Interest is calculated daily on outstanding balance based on a 365-day year.
Assistant Manager
Hey there, I'm Anjali Singh. With over 6 years of experience in finance, I specialize in creating content on banking, loans, and financial planning. My goal is to simplify complex financial topics and help readers make informed decisions through my articles.
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