The interest rate applicable on a home loan depends on the type of loan and the amount availed. ... it offers cheaper interest rates as compared to the process of taking personal loans as the interest rate … Following are the documents required to successfully apply for Muthoot Finance Home Loan. Offering products like gold loans, personal loans, business loans, and more. Muthoot Finance has been accoladed as India's No.1 most trusted financial services brand, according to the Brand Trust Report of 2016, 2017, 2018, 2019 and 2020 consecutively. The issue is with a base issue size of Rs 100 crore with … Muthoot Finance ranked India’s No. Thank you. A loan where savings are the first priority. Muthoot Finance extends home loans to customers at competitive interest rates starting from 12.5% onwards. 11 January 2021: HDFC Ltd. is offering special housing loan interest rates to its new customers. with 3% rebate if 100% interest is paid monthly (30 Days) & 2% rebate if 100% interest is paid quarterly MUTHOOT ULTIMATE LOAN (MUL) Online Gold Loan (OGL) facility … The growth rate of the Indian economy is more than 9% today, and while western companies are making a beeline for India to partake of this growth, homegrown firms have a distinct upper hand. Yes, part-prepayment and full repayment of the loan is allowed. Bringing joy to millions through a diversified product portfolio, setting benchmarks for quality services, customer relationships and management processes. Platform Partner: NSE ( Unique Identification Number – NSE007867), Loan Amount- Up to 90% of the property value. Loans curated for the business community. *As per Power of Trust TRA Brand Trust Report (2016-2019), we have the largest Gold Loan Portfolio in India among NBFCs. to 27% p.a. It fulfils housing finance requirements of customers in the middle and lower income category to make their dream of owning a home come true. Muthoot Finance Home Loan Interest Rate Applying for a home equity loan is similar but easier than applying for a new mortgage. It offers tailored home loan solutions to both Resident and Non-Resident … We need to check availability of service in your area, Paisabazaar Marketing and Consulting Private Limited © Paisabazaar.com. Muthoot Finance extends home loans to customers at competitive interest rates starting from 12.5% onwards. MUTHOOT FINANCE LTD. HDFC offers special home loan rates. Hence, choose your home loan tenure wisely. Muthoot Finance Gold Loan Processing Fees Q4. Loans which are ideal for longer periods. How do I repay my loan? All Rights Reserved. Loan starting from ₹ 1.99 Lacs with no maximum limit, Rebate: 12.1%/30 days, 9%/60 days, 1%/180 days, Available in Southern India branches only, Rate of Interest: 24% up to 360 days, 26% for more than 360 days. Muthoot Finance, the popular gold loan firm has announced a new product called ‘Home Down Payment Loan’. on the defaulted sum, Resident and Non-Resident, Salaried and Self-Employed individuals, Duly filled in and signed the application form with photographs, Duly filled in and signed application form with photographs, Last two years’ ITR and financial statements, including balance sheet, profit & loss account, schedules. 3.5 crores & get approval in 24 hours. No: N.16.00167, For More Info #Note: This is an approximate value. NOTE: Rs. if 100% interest is paid monthly, Loan starting from ₹1 Lac and no maximum limit, Rate of interest is 23.5% p.a. All Rights Reserved. A home equity loan and home equity line of credit (HELOC) are both types of second mortgages, but they offer different pros and cons. Online Gold Loan. We offer short-term and long-term deposit plans, according to your preference, Our schemes include monthly interest plans, annual interest plans, and maturity plans, offering interest rates as high as 9.05… Since its establishment, the company has been dedicated to serving the interests of customers as a top priority. The maximum loan amount offered to NRI customers is Rs. U74900HR2011PTC044581 © Copyright 2010-2021 Paisabazaar.com. We are also India’s largest gold financing company in terms of loan portfolio. It is a fact that we are more familiar with the domestic market than any other international or foreign company and localisation is of great importance in the new business environment. This ensures enhanced control, scalability, and faster response to meet the evolving needs of our customers. Any home owner can apply for a home equity loan. Our core banking solution connects all branches to a central server on a real-time basis. Are there any tax benefits available against the housing loan? Category. Our journey, which spans 800 years, together with our consistent growth showcase the trust that has been accorded to us by our customers all over the world. with 4% rebate if 100% interest is paid monthly, Online Gold Loan (OGL) facility available to use limit online on your sanctioned MOS scheme, An “ADDITIONAL BANK LIMIT” loan to attend immediate funding requirements, Loan starting from ₹20000 and no maximum limit, Attractive 21% rate of interest (diminishing balance), 3 days grace period for late payment of EMI, Freedom to pay one or more EMIs based on your convenience, Special scheme exclusive to women customers, Offered at branches in North, East & West India, Rate of interest is 23.5% p.a. While the rate shall be the lowest for the schemes where advance amount vis-à-vis the … For any loan amount, the HDFC home loan interest rate … Don't miss out on checking your credit score. 750 crore from this issue, … Note: Income is required to check your loan amount eligibility. 1 Most Trusted Financial Services Brand for the year 2016, 2017, 2018, 2019 and 2020 consecutively. Customers can apply online for Muthoot Finance Home Loan through Paisabazaar.com by simply following the below-mentioned steps. Privacy Policy. Click to calculate your Muthoot Finance home loan EMI. Note: We may verify this number later using OTP. With a focus on ethical conduct, Muthoot Finance ensures that only the best practices are followed with utmost transparency in our service offerings. Our decades-rich experience and expertise inspire trust and customer loyalty. India’s No. These are: Check Also: Home loan Prepayment Calculator. Muthoot Finance is a leading gold loan company in India. It offers tailored home loan solutions to both Resident and Non-Resident individuals considering their distinctive requirements and repayment ability. Below-provided is a list of Muthoot gold loan interest rate. Read the latest press releases, news and blog articles published by Muthoot Finance. Each lender will follow … The final value depends on the gold valuation done at the branch. All the details that you need to use Muthoot Finance EMI and Eligibility Calculator! India has now entered a revolutionary phase and is standing shoulder to shoulder with global giants; simultaneously, there are abundant and unending growth opportunities in the domestic market as well. Avail home loan up to Rs. India's largest gold loan company. Dedicated to providing our customers with hassle-free financial services, we have become one of the most preferred brands in India. Our loans … Mentioned below is the eligibility criteria to avail home loan from Muthoot Finance. Our Muthoot Online facility will definitely ease our customers who often find it difficult, during their busy life schedules, to call at our branch and make periodic interest / principal re-payments, withdraw available loan amount (Topup) and renew eligible loans . Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. Check Also: Home Loan Eligibility Calculator. Interest rate as on date as low as 18% p.a. We promise! For queries regarding the application process, eligibility criteria, sanctioned loan amount, interest rate or time period intervals contact the dedicated and experienced customer care representative of Muthoot Finance Home … Coupon rate. Highlights of Muthoot Finance Personal Loan. Your OTP resend limit exceeded. with 3% rebate if 100% interest is paid monthly (30 Days) & 2% rebate if 100% interest is paid quarterly, Loan starting from ₹1,500 and no maximum limit, Rate of interest is 22% p.a. Check Interest Rates, EMI, Eligibility & Documents under various schemes of muthoot finance in all over India. We help our customers meet unanticipated or other short-term liquidity requirements. Error: This is mandatory. It is easy to use and provides quick results. Name of Scheme : Muthoot Finance Gold Loan : Rate of Interest : 12% p.a. Valuing customer feedback and resolving their queries in a timely manner is one of the top priorities at Muthoot Finance. Hear from our satisfied customers from around the globe. 1 in terms of loan disbursal as per industry estimates. It will take 2 mins and is absolutely free. Total loan portfolio of 310.7cr Muthoot Asset Management: Wholly(100%) owned subsidiary of the company Private Limited. Thanks For sharing your feedback.One of our associate will be in touch with you shortly. In the table above, one can notice that home loan EMIs decrease as the loan tenure increases. Loan Amount : Rs.1,500 with no maximum limit: Loan Tenure : 30 days to 36 months *Offers are from Paisabazaar's partner Banks & NBFCs. Muthoot Homefin ( India ) Ltd Registered Office: 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Banerji Road, Kochi 682 018, Kerala, India Corporate Office: Unit No 1201-1202, Awing, Lotus … Muthoot Finance … *As per Power of Trust TRA Brand Trust Report(2016-2020). It is issuing secured NCD’s now. Muthoot Finance Ltd has announced its 22nd series of public issue of secured redeemable non-convertible debentures (NCD). Customers can reach out to Muthoot Finance on the below-mentioned contact number to get their home loan-related queries addressed. Q2. Muthoot Finance is a leading gold loan company in India. Muthoot Finance home loan calculator is an online tool which is also available at Paisabazaar.com. The company plans to raise Rs. Click here to check Home Loan Documents Lists. It is issuing secured NCD’s now. We primarily cater to individuals who possess gold jewellery but cannot access formal credit within a reasonable time, or for whom credit may not be available at all. It starts at 12.5% onwards. Muthoot Finance Gold Loan– Get Gold Loans in 5 Minutes from muthoot. While choosing a longer tenure reduces your monthly liability but it also increases your total interest payout. The rate of interest offered by Muthoot Finance Home Loan is linked to the Retail Prime Lending Rate (RPLR), which currently stands at 15.95%. Registered Investment Advisor (INA100003949)/ CIN - U74900HR2011PTC044581/ARN - 109940 Mutual Funds are subject to market risks, please read all scheme related information documents carefully. Check eligibility for Muthoot Finance Personal Loan, documents checklist required, EMI Calculator and more only at Deal4loans. By submitting this form, I agree to Terms of Use. Know all about the Muthoot Finance Home Loan Interest Rate starting from 12.50% per annum! Effective yield. EXCLUSIVE INTERVIEW OF MR. ALEXANDER GEORGE MUTHOOT,  DEPUTY MANAGING DIRECTOR,  THE MUTHOOT GROUP; COVERED IN THE ENTREPRENEUR MAGAZINE,  TOMORROW INC. DONATES ₹ 1.5 CRORES TO CHIEF MINISTER’S FLOOD RELIEF FUND, MUTHOOT M GEORGE FOUNDATION HANDS OVER FIRST DISASTER RESILIENT HOME TO A FLOOD AFFECTED FAMILY IN TRICHUR, "MUTHOOT VISHWAAS KI TIJORI" WINS A SPECIAL AWARD FOR MASS CONSUMER OUTREACH AT ECONOMIC TIMES BFSI EXCELLENCE AWARDS 2019, MUTHOOT VIVAHA SAMMANAM 2018-19 (PHASE 1), MUTHOOT FINANCE GETS NEONS OUT OF HOME AWARDS 2020, THE MUTHOOT GROUP ORGANISES LIMB DISTRIBUTION CAMP “MUTHOOT SNEHASANCHARINI”, THE MUTHOOT GROUP BECOMES ONE OF THE FIRST IN THE NBFC SECTOR TO LAUNCH AN AI-BASED CHATBOT - “MATTU & MITTU”, DISASTER RESILIENT HOME TO FLOOD AFFECTED FAMILY, DONATED ₹ 1.5 CRORES TO CM’S FLOOD RELIEF FUND, AWARDED AT ET BFSI EXCELLENCE AWARDS 2019, EXCLUSIVE INTERVIEW OF MR. ALEXANDER GEORGE MUTHOOT. Muthoot Finance Personal Loan apply online at interest rates 2020. Online Gold Loan (OGL) facility available, Free insurance for pledged gold ornaments, Scheme with the lowest rate of interest (12% p.a.) We provide personal and business loans secured by gold jewellery, or gold loans to individuals who possess gold but are unable to access formal credit within a reasonable time-frame, or to whom credit may not be available at all to meet unanticipated or other short-term liquidity requirements. What is the maximum loan amount offered to NRIs? As part of our core business, we provide business loans secured by gold jewellery or gold loans. Loans … How to Avail Home Loan Subsidy Under Pradhan Mantri Awas Yojana? With a resolute focus on providing customers with the best services, Muthoot Finance has managed to earn the trust of millions. Muthoot Housing Finance Company Ltd. (MHFCL) is registered with the National Housing Bank. Dear User, Our customer service executive will get in touch with you to share more details. Home Loan Interest Rate News. Muthoot Finance has launched its latest public issue of secured, redeemable, non-convertible debentures (NCDs) from today, February 14, 2019. thank you for subscribing to our newsletter, Beware of spam mails sent by fraudsters in the name of MUTHOOT GROUP/MUTHOOT FINANCE offering loans in Indian Rupee/Foreign currencies. Gold loan lender Muthoot Finance Ltd has posted a 22 per cent rise in net profit at ₹991 crore in Q3 of FY21 against ₹851 crore in the corresponding period of the previous fiscal. * Goods and Services Tax (GST) as applicable will be levied in addition to the mentioned charges. (documents must be certified by a CA), Title documents of the property or copy of the approved plan from the respective authority for construction. 1 Most Trusted Financial Services Brand*. Yes, resident Indian customers are eligible for tax benefits under the relevant sections of the Income Tax Act. Home Loan Interest Rates - Bajaj Finserv home loans are processed very fast at very low interest rate. Q1. Maximum loan value and discounts on timely interest payments. Q3. The tax deduction is subject to a maximum limit of Rs 2 lakh for interest payments and up to Rs 1.5 lakh for principal repayment. ©2020 All Rights Reserved. Fill the form by providing relevant details like the loan amount, city of the property, tenure, etc. 24% per annum is charged for late EMI payments for loans under the MIS scheme. Please try again later. Muthoot Finance Home Loan EMI Calculator helps users know the approximate value of the loan instalments that they need to pay monthly for servicing their home loans. 1,500 is the documentation charged for limits sanctioned for MOS scheme. MML commenced its vehicle and equipment finance operations in June 2018. Get the latest anthems and browse the most recent videos released by Muthoot Finance. Muthoot Money Limited (MML): MML is a 100% subsidiary of Muthoot Finance Limited. *As per Power of Trust TRA Brand Trust Report (2016-2020), Muthoot Finance is India’s No. with 2% rebate if 100% interest is paid monthly, Loan starting from ₹5 Lacs and no maximum limit, Loan starting from ₹3 Lacs and no maximum limit. The HDFC bank home loan interest rate has been reduced from 6.90% to 6.80% per annum. 0+ disbursements 0+ families releaized their dream 0states across India We help create such moments for you Celebrate your dream home with Muthoot Housing Finance Company Ltd’s variety of loans with attractive interest rates, quick approvals and minimal documentation. Home equity loans are the more conservative option for borrowers, offering a lump sum and fixed interest rate … Loans up to ₹2 Lacs with lower interest rates. Fixed Deposits Online by Muthoot Capital Grow your savings with Muthoot Fixed Deposits! Can I partly or fully prepay my loan amount ahead of the tenure? ©2020 All Rights Reserved. While banks are offering interest rates of 5.5… Reg Office: 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Banerji Road, Kochi 682 018, Kerala, India, CIN: L65910KL1997PLC011300, RBI Regn. CIN No. It hasnt commenced operation till 31st March 2019. Muthoot Finance Home Loans – Current Interest Rates Feb 2021 Calculate your eligibility for a gold loan by Muthoot Finance. The Muthoot Group has a presence in USA, UK, UAE, Sri Lanka, and Central America. The table below shows Muthoot Finance home loan EMI calculation for different interest rates, loan amounts and loan tenures. The Muthoot Group has been transforming the lives of millions of Indians across the country, giving wings to their dreams, and creating successful realities. Rate of interest is 23.5% p.a. We will communicate you only through the mail ID mails@muthootgroup.com. Muthoot Finance offers customized home loan schemes for both resident and non-resident individuals. Please try again later. Note: It will help you to get best loan offers, Error: Please enter valid Rate of Interest. Our prime concern is to ensure customer satisfaction in all our transactions. Risk Interest shall be determined by taking into account the degree of risk involved in loans under each loan scheme. The team was responsive, and the process was quite hassle-free. Soon, a representative from Paisabazaar will contact you on the provided contact number to process your application. Repayment of the loan is to be done in the form of Equated Monthly Installments (EMI) through Automated Clearing House (ACH), an advanced version of ECS based on standing instructions to the bank or salary deduction by the employer or post-dated cheques drawn on borrower’s bank account. 1 Most Trusted Financial Services Brand 2019 Read More The Muthoot Group organises Limb distribution camp Read More Muthoot Vishwaas Ki Tijori” Bags Silver at ABBY Awards 2019 & Gold at Golden Mikes Award 2019 … There is some technical issue. Having served over 70 crore customers till date (including repeat customers), and serving over 2.5 Lakh customers daily, The Muthoot Group has not only grown exponentially but has also facilitated growth for a sizeable population of the country that falls in the underprivileged category. *No. Spread across all major states and cities in India, we ensure easy access to all our services. Do not respond to such mails. Muthoot Finance Home Loan Features & Benefits, Muthoot Finance Home Loan Documents Required, How to Apply for Muthoot Finance Home Loan, 4 Tips to Help You Close Your Home Loan Early, Important Points to Consider Before Prepaying Your Home Loan, Home Loans: Floating vs Fixed Interest Rates. The company offers Home … Maximum loans and discounts on timely interest payments. Muthoot Finance NCD Tranche-IV would open for subscription on 29th November, 2019. Note: Other additional charges as applicable may be levied by the provider. Muthoot Finance has nurtured trust as its most prominent value and is committed to keeping this heritage alive through generations to come. 50 lakh. Browse the archives of all notices and reports that were shared with the investors over the years at Muthoot Finance. I took a personal loan from Muthoot Finance and I had a good experience dealing with them. If you are looking for a loan ranging from 3 Lakhs to 15 Lakhs with a repayment period of up to 15 years and loan-to-value (LTV) up to 80% of the property value, Muthoot Finance is the best alternative.. Loans are offered for a variety of property types like ready to move in flats, under construction house/flats, self-construction on owned plot, home … Tata Capital’s latest offering: Flexi EMI Loans, Paisabazaar Mutual Fund Terms of Services, A maximum of 24.00% P.A. What makes Muthoot … On filling all the required details, click on the ‘Proceed’ button. Muthoot Finance NCD for Sep/Oct 2019, Tranche-III would open for subscription on 27th September, 2019. Privacy Policy. All scheme related data and information are provided by Value Research Organization. While banks are offering interest rates of 5.5… We are a reputed ‘Systemically Important Non-deposit taking NBFC’. The interest is charged on monthly compounding basis. Till date, we have served more than 70 crore satisfied customers (including repeat customers) in their times of need. Maximum loan value & reasonable interest rates. Special loan scheme for women that’s available at South India branches.