Short answer: Manappuram publishes its full rate table (9.90% to 24% a year, depending on scheme and how often you pay interest), a ₹30 fee and 5,000+ branches. Rupeek arranges loans from partner banks with doorstep service, but does not publish rates.
Last verified: 12 October 2026 from each company’s official website and, where marked, its Google Play listing. Rates and fees change; the lender’s Key Fact Statement (KFS) and loan agreement decide your actual terms. FundsTiger does not rank lenders.
Rupeek vs Manappuram Finance at a glance
| Rupeek | Manappuram Finance | |
|---|---|---|
| Type | Gold loan platform (Rupeek Fintech) working with partner banks, and its own NBFC Rupeek Capital | RBI-registered NBFC (gold loan specialist) |
| Loan amount | ₹30,000 to ₹1.5 crore | From ₹10,000 to ₹5 crore |
| Interest rate | Set by the partner lender; no rate table published (site mentions rates “as low as 0.89%”, period not stated) | 9.90% to 24% a year by scheme and how often you pay interest; annualised 26.82% |
| Loan-to-value (LTV) | Up to 75% of market value (site), “at times up to 90%” | 85% up to ₹2.5 lakh; 80% for ₹2.5 to 5 lakh; 75% above |
| Processing fee and charges | Site says zero processing fee in places and “among the lowest” in others; no figure published | ₹30 including tax, one-time at settlement |
| Tenure | 6 to 12 months; no lock-in | Up to 12 months |
| Repayment options | Monthly interest, bullet or part-payment | Interest monthly, every two months or quarterly, principal at the end; day-wise interest |
| Gold accepted | 18 carat and above (jewellery only) | 18 to 22 carat (one FAQ says up to 24) |
| Closing early | No lock-in; close any time | No foreclosure fee |
| Branches | 25+ to 60+ cities (pages differ); Federal Bank lists Rupeek as its partner in 18 cities | 5,000+ branches |
| Online and doorstep | Doorstep valuation and pickup with transit insurance, or valuation at a partner bank branch | Online gold loan 24×7 |
| Also worth knowing | Loans given by partner banks such as Federal Bank (also ICICI Bank and Karur Vysya Bank per its article) and by Rupeek Capital; Gold stored in partner bank vaults | Rate depends on how often you pay interest; No CIBIL requirement; free insurance on pledged gold |
RBI limits apply to every regulated lender: from April 2026, a gold loan for personal use can be at most 85% of the gold’s value up to ₹2.5 lakh, 80% from ₹2.5 lakh to ₹5 lakh and 75% above, with interest due at maturity counted for bullet loans. Lenders can lend less. Check how much your gold can raise with our gold loan calculator.
What a ₹1 lakh gold loan for 12 months would cost
We costed the same loan on each lender’s published rates, assuming you pay interest every month and repay the principal at the end. Paying interest less often, or compounding, raises the cost.
| Lender | Scenario | Rate a year | Interest for the year | Fees | Total cost |
|---|---|---|---|---|---|
| Rupeek | Rate set by the partner lender | Not published | – | Not published | – |
| Manappuram Finance | Lowest scheme rate, interest paid monthly | 9.9% | ₹9,900 | ₹30 | ₹9,930 |
| Manappuram Finance | Same scheme, interest paid quarterly | 22% | ₹22,000 | ₹30 | ₹22,030 |
| Manappuram Finance | Annualised rate | 26.82% | ₹26,820 | ₹30 | ₹26,850 |
Key differences
- Rates: Manappuram 9.90% to 24% (annualised 26.82%); Rupeek not published.
- Fee: Manappuram ₹30 at settlement; Rupeek says zero or “among the lowest”, with no figure.
- Smallest loan: Manappuram ₹10,000; Rupeek ₹30,000.
- Service: Manappuram branches and online gold loan; Rupeek doorstep pickup to a partner bank vault.
Which should you choose?
Rupeek may suit you if you prefer a bank as lender and doorstep service.
Manappuram Finance may suit you if you want to see the exact rate for your scheme, or need less than ₹30,000.
Whichever you pick, compare the APR in the KFS you are actually offered, not the advertised starting rate.
Before you apply
- Ask for the rate for your exact scheme and how often you must pay interest. Paying monthly is usually cheapest.
- Read the Key Fact Statement (KFS): it must show the APR, every charge and the total you will repay.
- Check the weight and purity recorded on your pledge receipt, and keep it safe.
- Know the auction rules: RBI requires notice before any auction, and the lender must return any surplus.
- Use our gold loan calculator to see the most you can borrow under RBI limits.
Want to see offers from several RBI-regulated lenders in one place?
Frequently asked questions
Is a gold loan through Rupeek cheaper?
It depends on the partner lender and scheme. Banks often price gold loans lower than NBFCs, but Rupeek publishes no table. Ask for the KFS, which must show the APR, before you hand over gold.
Do I need a credit score?
Manappuram says there is no CIBIL requirement. Rupeek’s partner banks set their own rules.
Are these lenders RBI-regulated?
The loans described here are given by RBI-registered NBFCs or banks named in the table. Check the lender named in your loan agreement on RBI’s digital lending app list.
Where do these figures come from?
From each company’s official website and, where noted, its Google Play listing, checked on 12 October 2026. Where a company’s own pages disagree, we show both figures.
Sources
- Rupeek website
- Rupeek FAQ
- Rupeek gold loan
- Rupeek Capital
- Federal Bank gold loans (BC partners)
- Manappuram gold loan
- Manappuram gold loan interest rates
- Manappuram charges
Read more: Manappuram Finance lender profile · Gold loan rates of 10 lenders · Gold loan calculator · All loan app reviews · Lender directory
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Disclosure: FundsTiger (Gatimaan Finance Advisors Pvt. Ltd.) is a loan marketplace and lending service provider for RBI-regulated lenders. Aparampaar Finance Pvt. Ltd. (Omozing), one of those lenders, is a related party of FundsTiger. This article is general information, not financial advice. Read your loan agreement and KFS before you decide.