Disclaimer:
*MUTHOOT FINANCE AND ITS SUBSIDIARIES
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Minimum loan amount of Rs 1,500/- and Maximum loan amount upto Rs.5 Crore.
Interest is compounded monthly at the applicable rate for each slab.
Loan tenure is 12 months for a normal Gold Loan scheme
Minimum Interest Rate starting from 10.5% p.a. if interest is serviced monthly.
Interest is charged only for days the amount is used - Minimum 7 / 15 days applicable on the basis of GL scheme.
Annual Percentage Rate offered to customers Min - 9.9% . Max - 26.82%. (T&C apply). Loan tenure: 12 Months.
Sample Calculation: On Gold Loan for INR 5 lakh at the rate of 9.9% per annum, the interest amount for 30 days excluding the Admin charges will be INR 4,069/-.
Pre-payment option without any penalty subject to min no. of days interest above.
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MUTHOOT FINANCE LTD.
Regd Office: 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Banerji Road, Kochi 682 018, Kerala, India | CIN: L65910KL1997PLC011300 | RBI Regn. No: N-16-00167 | Toll Free : 1800_313_1212