FAQ

Any  Indian citizen between age group of 18 years to 80 years is eligible to avail Gold Loan from us .All that is needed to avail Gold Loan is to  provide the required documents along with the gold ornaments .

• Quick loan approvals and disbursals – A simple product with easy documentation.
• Maximum value for your Gold as per the Terms of the scheme availed
• Interest on diminishing balance
• No pre-closure charges
• Part payment and part redemption permitted.
• 24*7 loan top up facility
• Safety – Your gold is safe with us. It will be valued in your presence, sealed and kept in a safe Vault.
• You can give a missed call to 8086980869 and we will get back to you shortly for serving you.
• Loyalty points for transactions.

You can visit our nearest branch for availing the facility. You can also give a missed call to 8086980869 and we will get back to you shortly for guiding you. You can also experience the ease of obtaining a Gold Loan from the comfort of your home with our Muthoot Fincorp One App .

If you can provide all required documents and information completely, it will fast track loan processing.

Not mandatory. Our teams can meet at your convenience. But visiting our Branches is always welcome to experience Muthoot Fincorp’s customer service. After all, we have 136 years of care to share with you !!.

The branch locator on the website can also guide you to a branch near you. Or you can call us at 1800 102 1616 to know more.

Yes, home improvement loans are tax deductible under Section 24 of the Income Tax Act. The Act provisions tax relief for purchase and construction of a house along with repair and renovation. Please call our customer care executive at 1800 102 1616 or walk into your nearest Muthoot FinCorp branch to understand the deductibles and rebates applicable to you.

It depends on your business vintage, monthly sales, and working capital needs. Our staff will meet you, collect the necessary documents and business details, and give a clear calculation of loan eligibility for the daily instalment. Our advice to our customers is to be transparent and factual about your business figures so that loan amount calculations will be accurate.

Always go a Business loans after assessing the purpose, profit margin, and working capital cycle of your business. Being a responsible financier, our guidance to customers about choosing optimal loan amount. If you choose the loan amount based your daily payment comfort, short tenure non-collateral business loans can be one of the best working capital finance options.

No. you can prepay your loan at any time without charges.

Vyapar Mitra is primarily a working capital and general business improvement Loan . It’s not designed for long term capital investment. So paying daily instalment reduces principal and interest on a daily basis. It will help to balance your daily cash flow no need to carry a repayment burden for long time.

Vyapar Mitra loan is designed for investing and growing your business , not for any personal usage.

In comparison to loans on new cars, the interest rates on second hand car loans are slightly higher. This is because the car, due to its age, may require more services and becomes a bigger liability than a brand-new car.

Yes, Muthoot Fincorp charges a minimal amount as an application and processing fee towards your loan. They are as follows:

• Application fees: 0.5% of the amount applied for
• Processing fees: 2.5% of the loan amount approved
• Pre-payment fees: No fee is applicable if the loan is prepaid from your own sources or if the loan has a floating rate of interest.

The above charges are subject to change as per Muthoot Fincorp policies. 

There are no service charges for using this service. However, internet charges will be applicable as per your data plan with the telecom service provider.

Vehicle loan from Muthoot Capital Services Limited can be prepaid at any time. You will only have to pay a nominal charge for this. There are no hidden charges involved when you opt for vehicle finance from Muthoot Capital Services Limited. Contact 1800-102-1616 for details.

Your health insurance claims can be rejected for multiple reasons, including:

• Not declaring pre-existing illness
• Making a claim for something excluded from coverage
• Lack of correct information
• Crossing the sub-limits
• Failure to renew the health care insurance policy

To avoid rejection, make sure you have read through the policy terms and conditions or discuss them with our customer care executive. Also, ensure that you have shared your correct medical history with us at the time of purchasing the health insurance.

Generally, you cannot use the same property as collateral for two different loans. That said, you may be able to apply for a loan against property if the existing loan is near maturity, you have a good repayment capacity and the asset value is high. If you require more information, please feel free to contact our customer care representative at 1800 102 1616 or walk into your nearest Muthoot FinCorp branch.

You can avail microfinance or microloans from Muthoot Microfin Limited, the subsidiary of Muthoot FinCorp ltd. It offers microfinance solutions to propel sustainable growth and alleviate poverty by providing them with the means to access business opportunities. Loans under its Livelihood Solutions include income-generating loans, dairy loans and sewing machine loans which are targeted towards rural women. Water purifier loans and other life better solutions are targeted towards people living in rural and urban localities. You can call us at 1800 102 1616 for more details.

If you cancel your health insurance policy during the free look period, you can get the premium reimbursed after operational charges are deducted. Please note refunds are not possible if you have made a claim against your medical health policy.

Yes, Muthoot FinCorp offers the flexibility to load multiple foreign currencies in a single Forex card. It allows you to travel conveniently to different countries without worrying about exchange rates. Call our customer care representative at 18001 012 1616 or walk into your nearest Muthoot FinCorp branch to get the card.

Yes, you can prepay the entire amount of your small business loan. It can be foreclosed or paid in full after 60 days. You have to keep the small business loan going for at least 60 working days. No foreclosure charges are levied after 60 days.

Yes, as we offer flexible terms and conditions on our home loans giving you the flexibility to reduce the loan tenure. Please contact your nearest Muthoot FinCorp branch or call our customer care representative at 1800 102 1616 for more details.

Yes, as we offer flexible terms and conditions on our home loans giving you the flexibility to reduce the loan tenure. Please contact your nearest Muthoot FinCorp branch or call our customer care representative at 1800 102 1616 for more details.

Yes, you can transfer money from India to Nepal through Muthoot Fincorp Indo Nepal Money Transfer service. We ensure you get the best rate for your money when sending your funds across Nepal. However, there are processing charges and conversion differences which you should account for when opting for this service.

Using foreign travel card you would make payments in foreign currency only. You can use it to make purchases online in India only if you need to make a payment in the selected foreign currency. For example, you can use the international travel card to pay for booking your international hotel online from India which accepts a foreign currency. On the other hand, you cannot use to make payments in the local currency.

A complete KYC process is required to take a microfinance loan. For this, you will have to present proof of identity and address. An AADHAR card can be used for both. Other documents needed for microfinance in India will vary with the product or service provided.

Please visit your nearest Muthoot FinCorp branch to initiate the process of small business financing. You can visit our website and connect to our representative who will help you with the process. The branch locator on the website can also guide you to a branch near you. Or you can call us at 1800 102 1616 to know more.

Our fast approval and disbursal will help in enhancing working capital, buying stock and handling seasonal surges in business. Contact us at 1800 102 1616 or visit Muthoot FinCorp branch  near you to initiate a life-changing loan today.

We offer 2 years validity periods on our prepaid Forex cards. Before the validity comes to an end, you can load the card multiple times, as per the RBI and other regulatory body guidelines. Indian laws prohibit holding monies in foreign currency for individuals and you should encash any unused amount on returning to India even if the travel card has a longer validity.

Yes, the loan tenure affects the EMI. A longer tenure will reduce the EMI amount as the total cost will be divided by a greater number. A shorter tenure increased the EMI amount significantly.

Please note that a longer tenure may increase the rate of interest and add to the cost of the loan. 

Yes, the loan tenure affects the EMI. A longer tenure will reduce the EMI amount as the total cost will be divided by a greater number. A shorter tenure increased the EMI amount significantly.

Please note that a longer tenure may increase the rate of interest and add to the cost of the loan. 

You can apply for car loan for used carsonline or visit any one of our branches In Kerala to fill out the loan application.

Please call us at 1800 102 1616 to apply for a microfinance loan today.

A new pan card application can be submitted either through at an authorized PAN center including Muthoot FinCorp branches.

Here are the steps you can follow:

1. Visit your nearest Muthoot FinCorp branch and our customer care executive will help you download the correct form(Form 49A for Indian customers and form 49AA for NRI customers).
2. Fill in all the details in the application form correctly. If you have any queries with regards to the form, feel free to take our help.
3. Make sure you have all the required documents to submit your new PAN Card application.
4. Our customer care executive will submit your PAN Card application form to Head Office.
5. HO Executive will process your PAN Card application form online.

You can buy silvers bars on EMI at Muthoot FinCorp through our sister concern Muthoot Exim. Visit the nearest Muthoot FinCorp branch near you, and our customer care executive will help you complete the process of buying the silver bars on EMI.

You can lower the used car interest rate by making a larger down payment on the loan. Borrowing a larger principal amount leads to a hike in the interest rate. A bigger down payment will lower the principal amount, subsequently reducing the interest rate. You may also receive additional rebate on the interest rate if you have a good credit score.

There are two ways through which you can pay your Muthoot FinCorp two-wheeler loan EMIs:

• Muthoot FinCorp’s payment page: Log on to https://www.muthootepay.com/ and fill in your details. The website will guide you to the EMI payment page. You can pay through this portal with a debit card/credit card/netbanking or UPI.
• Muthoot Capital App: Download the Muthoot Capital App on your smartphone and pay the EMIs on-the-go. Get queries answered and stay updated on the loan through the app too.

There are two ways through which you can pay your Muthoot FinCorp two-wheeler loan EMIs:

• Muthoot FinCorp’s payment page: Log on to https://www.muthootepay.com/ and fill in your details. The website will guide you to the EMI payment page. You can pay through this portal with a debit card/credit card/netbanking or UPI.
• Muthoot Capital App: Download the Muthoot Capital App on your smartphone and pay the EMIs on-the-go. Get queries answered and stay updated on the loan through the app too.

You can track your PAN card status at either the UTI portal https://www.trackpan.utiitsl.com/PANONLINE/#forward

You will have to provide the 10 digit coupon number (UTI) to find the status of your pan card application.

If you want to invest in a Mutual Fund in India, please visit your nearest Muthoot FinCorp branch or talk to our customer care representative at 1800 102 1616 to understand the process. We will help you fill in the physical or online application form correctly, and then submit it with the required documents to kickstart your investment.

The workings of Mutual Funds investment plans is very simple. A Mutual Funds investment company in India will analyse the performance of different companies and then take an informed decision on whether their shares, debentures, etc. are worth the investment. They create an investment portfolio with companies expected to perform well in the short and long term. As an investor, you invest in the Mutual Funds Investment portfolio, your investment is pooled with investment from other investors. Each investor is entitled to a percentage of shares. Investors are required to make an installment (usually annual) and see your investment grow with each passing year.

An exchange rate is the cost that you will incur for converting one currency to another. The rate will tell you how many USD or Euro you will get in exchange for any amount in Indian Rupees or vice versa. So, if the exchange rate for USD1 is INR75, that means if you want to buy USD 100, you need INR7500. It also means, if someone sends you USD 100, you will receive INR 7500. The foreign (Forex) exchange rates change daily.

Premiums are usually paid annually – once a year.

A home improvement loan works in the same manner as a home loan. The major difference is that instead of buying a new home, you are using the loan amount for renovating the home you are staying in currently. You have to fill the application form, meet the eligibility, and provide the required documents to get a loan. The repayments are done in easy, flexible EMIs. Contact our customer care executive at 1800 102 1616 or walk into your nearest Muthoot FinCorp branch to understand how a home improvement loan works.

The loan Against Property EMI Calculator is designed considering three factors — the principal amount you plan to borrow, the rate of interest, and the loan tenure. 

 The LAP EMI calculator has sliders for all the above factors that you can move freely to see the EMI amount changing in real-time. Move the sliders to view multiple variants of the structure of the loan to make an informed decision.

Calculating your EMIs beforehand helps you know if loan against property is a feasible option for your situation. The LAP EMI calculator helps you plan your loan and EMI payments structure. You can view the total and monthly cost towards the loan and change the loan structure so that it fits comfortably within your budget.

The marginalised sections and people with low incomes traditionally do not access to banks due to a myriad of reasons. They fear rejection due to non-availability of documents and previous financial records. As such, they are left to rely on local money-lenders who charge an obnoxiously high-interest rate. Microfinance loans from Muthoot FinCorp (via its subsidiary, Muthoot Microfin Ltd.) is an effective way to bridge the gap. It provides access to credit for business and other needs at comparatively lower rates, with shorter and quicker processes.

For a loan against property eligibility, the main factors which are incorporated in the calculation are the following:

1. Your repayment capacity
2. Your debt-to-income ratio
3. The value of the property
4. Your credit history, CIBIL score and CIBIL report
5. The tenure of the loan

If you are not meeting the eligibility requirements set by Muthoot FinCorp, you can apply with a co-applicant to improve your eligibility.

The second-hand car loan calculator determines the EMIs and total cost of the loan based on the principal amount, tenure and interest rate. The calculator instantly populates the amount for EMIs and the repayment schedule depending on your inputs.

You can take a second hand car loan for a tenure ranging from 12 to 60 months. The minimum age must be 21 or above when you apply for the loan; and the maximum age must be 60 for salaried individuals and 70 for self-employed individuals, when your loan tenure ends. Please get in touch with our customer care helpline number (1800-102-1616) for further details.

The money can be received by the beneficiary in maximum 5 hours of completion of the transaction.

Resident Indian can exchange Indian currency to a foreign currency at an exchange House before 60 days from the date of departure. You can keep currency equivalent to USD 3,000(exceptions available to certain countries). If you need more money, you must take it in the form of traveller’s cheque, travel card or bank draft.

Muthoot Fincorp charges a nominal fee to transfer your money to Nepal to your loved ones. You can visit your nearest Muthoot Fincorp branch or call us at 1800 102 1616 to know more.

Resident Indian can carry foreign currency equivalent as cash when traveling abroad. The rest must be carried in the form of foreign demand drafts or a travel card. You can also use outward remittance to receive money when abroad, in case of an emergency (If offshore Bank A/c Available).

You can carry foreign currency when visiting India. If the value of the currency is higher than USD 5,000, it must be declared at the customs counter and has to Obtain CDF. Any amount greater that this should be converted at a forex currency exchange with CDF when entering India.

Home renovation costs vary as per the requirements. Home Improvement Loans are available from Rs 2 lakhs to 30 lakhs to meet all your repair and renovation need. We offer affordable interest rates and we do not charge any penalty or pre-payment fee. To know the exact amount you are eligible for, please contact our customer care executive at 1800 102 16161.

Muthoot Fincorp offers a 50% loan-to-value ratio on a loan against property. The maximum amount you can get is Rs 10,00,000. You can avail the maximum amount on meeting the eligibility. Please use our loan against property eligibility calculator to know your eligibility.

Use our outward remittance services to transfer money abroad from India through cash (less than Rs. 50,000) or demand draft, payee cheques, and pay order. If you want to remit money to Nepal, you can remit it through Prabhu Money Transfer services. To know the maximum amount you can send abroad, please contact our customer care executive at 1800 102 1616.

To be eligible for a two-wheeler loan from Muthoot Capital Services Limited:

• A salaried person should make an income of Rs 96,000 per annum
• A self-employed person should make a net profit of Rs 1,20,000 per annum.

To be eligible for a used car loan from Muthoot Capital Services Limited:

• A salaried person should make an income of Rs 15,000 per month
• A self-employed person should make a net profit of Rs 1,50,000 per annum.

Your budget should decide the amount you invest in Mutual Funds investment plans in India. Additionally, your investment goals and tenure for which you want to invest will also affect the amount you invest. However, it is better to seek the help of our customer care executives who will help calculate the ideal investment amount for you.

It is a good idea to pay 20% of the Insurance Declared Value or IDV as a down payment for car loan for used cars. It may help you get a better interest rate, quicker approvals and the EMIs will be much lower. It is easier to own a used or second hand car with flexible finance options.

The eligibility criteria for a small business loan are simple. The loans are granted against hypothecation of business assets, equipment or stock in trade. So, the quantum of the loan depends on the value of the collateral.  Your small business should be in profit for you to qualify for the loan. If you opt for an EDI or Equated Daily Instalment, you can qualify for a loan of Rs 15,000- Rs 1,00,000. In the event of an EMI-based or Equated Monthly Instalment payment, you can avail a small business loan of Rs 1,00,000 to Rs 8,00,000.

Muthoot FinCorp offers you quick and hassle-free loans against property. The entire process takes the minimum time required to verify your eligibility and loan against property documents. If all goes well, the amount is sanctioned within hours of approval.

Muthoot Housing Finance Ltd. makes the process of applying for a housing loan quick and efficient. You can fill in your details in the form provided, click submit and our customer care representative will get in touch as soon as possible. Alternatively, you can call our toll-free number 1800 102 1616 or visit your nearest Muthoot Housing Finance Ltd. branch and take the help of our customer care executive to help you complete the complete the home loan application process.

You can buy gold jewellery on EMI through Swarnavarsham Gold Jewellery scheme from Muthoot FinCorp’s sister concern, Muthoot Exim. The scheme allows you to purchase gold jewellery hallmarked with 916/995 purity including chains, bangles, rings, pendants and earrings. You will have to pay a nominal margin money to buy gold on EMI. The rest can be paid in instalments of 3, 6 or 9 months. You can buy gold jewellery on installments at any of the Muthoot Blue branches.

You can use our website’s loan EMI calculator to calculate your monthly EMIs, which will be determined by the loan amount and tenure you select.

You may compare your Muthoot home loans by taking into account the following parameters:

• Type of interest rates, that is, whether you want to go with a fixed or variable rate of interest on the home loan
• Compare other fees and charges applicable on various home loan products
• Find out if you have the option to pre-close the home loan and if there are any fees or charges associated with the same

Compare the interest rates of our various two-wheeler loans using the Muthoot Two-wheeler loan EMI calculator. Upon furnishing basic information this calculator populates a comprehensive table. 

This table displays the tenure and interest rates offered by our schemes, based on your provided information. Compare the interest rates and choose the scheme with offers the lowest two-wheeler loan interest rate.

There are several ways to get a loan against property. But, first you must determine if you are meeting our eligibility criteria and have the required documents to avail the loan. You can then fill your details in the form provided and our customer care executive will get in touch with you as soon as possible. Otherwise, you can call our customer care directly at 1800 102 1616 or walk into the nearest Muthoot FinCorp branch to start the process of getting a loan. Please remember, you must be a resident of a city which has a Muthoot FinCorp branch to avail the loan. Further, the property should be self-occupied and all the owners must be co-applicant for the loan.

The best way to get the lowest home loan interest rates is by carrying out a comparative analysis on a select list of home loan products offered by Muthoot Fincorp. You have the advantage of gaining in-depth knowledge on several home loan products, the features and benefits that they offer, the interest rates and repayment tenures available in general. Most importantly, you may use the online EMI calculator available to find out the probable EMIs that you may end up with on these Muthoot home loan products.  

It is easy to get a second hand car loan from us. All you need to do is apply online. Once you click on Apply Now, you will be asked to fill a form. The form will ask for your personal requirements and details. On completion of form-filling process, a company representative will connect with you. You can also walk into any of our branches to apply for used car loan financing.

You may reduce the home loan interest rate in the following ways:

• Opt for a shorter repayment tenure that cuts down on your monthly instalment amounts
• Compare interest rates online and choose a product that combines affordability with your requirements
• Consider increasing the amount of your down payment
• Select a higher EMI amount that repays your home loan interest at a faster rate
• Think of transferring your home loan balance to a more competitive service provider with a better interest rate
• If you have the money, go for a prepayment or foreclosure of your home loan

Here are a few ways to reduce your two-wheeler loan EMI. 

1. Choose a longer tenure: A longer tenure will stretch the total cost over a greater number of EMIs, reducing the monthly amount. 
2. Choose a smaller principal amount: Your principal is the main deciding factor for the EMI. A smaller principal amount means smaller EMI payments.

Here are a few ways to reduce your two-wheeler loan EMI. 

1. Choose a longer tenure: A longer tenure will stretch the total cost over a greater number of EMIs, reducing the monthly amount. 
2. Choose a smaller principal amount: Your principal is the main deciding factor for the EMI. A smaller principal amount means smaller EMI payments.

There are three ways of begin enjoying our services on WhatsApp:

• Give a missed call on 02248926600.
• Click here if you are accessing this website from your phone.
• Save 7034021616 on your mobile and send ‘Hi’ on this number from WhatsApp.
• Enter your number in the space give in top banner.

However, by starting a conversation on this number, it would mean that you are agreeing to the Terms & Conditions of using WhatsApp services of Muthoot FinCorp.

Yes, you can use to ask queries related to offerings, and branches through WhatsApp Banking. All you need to do is add the number 7034021616 to your contacts and start a conversation by saying “Hi”. Or, by giving a miss call on XXXXXXX.

Depending upon how you had submitted the new PAN card application, you will be able to track its status. If you had submitted the form online, visit the portal to track the status. If you had submitted you PAN card application form at a Muthoot FinCorp branch, visit your nearest branch and our customer care executive will share the update with you.

Yes, you can always subscribe again for Muthoot FinCorp Ltd WhatsApp Service, by sending ‘Hi’ to 7034021616 or by giving a missed call to xxxxxxxxxx.

Yes, it is a good idea to buy a second hand car on finance. First, you can own the car you want, even a big car of your choice. Secondly, you can repay the loan amount in easy monthly instalments. Thirdly, a second hand car finance allows you to stay cash rich as you do not need to spend all your money in buying the car you dream of owning.

Yes, CIBIL score is a requirement for the Muthoot FinCorp loan against property eligibility. In a nutshell, your CIBIL score is an indicator of your creditworthiness. A good credit score improves your eligibility which in turn allows you to apply for a higher loan amount and gets your loan approved quickly.

Apart from a nominal processing fee for outward remittance, we do not have any additional charges when you use our international money transfer services

You do not need any additional security or guarantors to avail loan against property, except for the asset you are pledging as collateral.

Yes, WhatsApp is safe. All messages are secured with end to end encryption. Your information is not shared with anyone. You do not need to enter any confidential information such as PIN or password on WhatsApp.

Lowest EMI does not mean that the total cost of the used car loan is low. The EMI can be low due to low principal amount or a longer tenure. Instead of looking for a loan with the lowest EMI, look for a lender offering the lowest total cost of the loan. You can use the second-hand car loan calculator to determine the EMIs and cost towards the loan by filling in the required details.

A used car loan EMI calculator might not help in calculating the down payment. But it will determine the EMIs and total cost of the loan after removing the down payment from the principal amount. 

There will be a remarkable reduction in the EMIs and the total cost of the loan. You may also get a better interest rate with a quicker approval if you make a significant down payment on the used car loan.

Home improvement loans are a line of credit extended for refurbishing a residential property. It’s a home loan variant providing credit for emergency repairs, extensions, flooring, roofing, plastering, plumbing, painting woodwork, or any other home repair or makeover job. The home loan for renovation is directly proportionate to the value of your property. Do remember, the loan amount will also take into account your repayment capacity.

Muthoot FinCorp ensures that your two-wheeler loan is cost-effective and convenient. We only ask for a nominal fee for the processing of the loan which is between 0.5-5% of the loan amount. This fee is only applicable during the application of the loan.

The applicant is only required to pay the application and processing fee when taking a two-wheeler loan at Muthoot FinCorp. The processing fee is calculated at 0.5-5% of the loan amount. All such information will be intimated to the applicant by our representative.

Visit your nearest Muthoot FinCorp branch or call us at 1800 102 1616 for further details.

Muthoot Capital Services Limited has auto finance options for up to 100% of the on-road price of the vehicle purchased including two-wheeler and used car. Visit any Muthoot FinCorp branch for more details.

A borrower benefits immensely from a home loan and we share the major ones with you:

• Owning a home is one of the biggest dreams of every individual irrespective of their age, income or location – and a home loan’s biggest benefit is that it helps the borrower fulfill this dream with easy installment options. They can buy a bigger home or a better locality with confidence.
• Another additional benefit for the borrower is that there is no need to spend lacks of Rupees to buy and start living in a self-owned home. A home loan spreads the amount over several years, making it easy to repay the amount with interest.
• Most borrowers benefit from the fact that the EMI for a home loan is equal to or slightly higher than the amount they pay as monthly rent to their landlord. A loan gives them the freedom to enjoy their home without any interference from the landlord
• The price of a property will always increase with time and investing in one with a home loan will benefit the borrower.

A borrower benefits immensely from a home loan and we share the major ones with you:

• Owning a home is one of the biggest dreams of every individual irrespective of their age, income or location – and a home loan’s biggest benefit is that it helps the borrower fulfill this dream with easy installment options. They can buy a bigger home or a better locality with confidence.
• Another additional benefit for the borrower is that there is no need to spend lacks of Rupees to buy and start living in a self-owned home. A home loan spreads the amount over several years, making it easy to repay the amount with interest.
• Most borrowers benefit from the fact that the EMI for a home loan is equal to or slightly higher than the amount they pay as monthly rent to their landlord. A loan gives them the freedom to enjoy their home without any interference from the landlord
• The price of a property will always increase with time and investing in one with a home loan will benefit the borrower.

A Muthoot Blue Home Loan comes with several benefits some of which are mentioned below:

• Our loans range from Rs. 2 lacs to Rs. 30 lacs
• We offer loan repayment tenures of up to 20 years
• You can get loans from us for up to 80% of your property value
• We cater to the housing requirement of customers in the middle and lower income group
• We provide specialised home loans for the unorganised sector and help people turn their dreams of owning a home into reality

A Muthoot Blue Home Loan comes with several benefits some of which are mentioned below:

• Our loans range from Rs. 2 lacs to Rs. 30 lacs
• We offer loan repayment tenures of up to 20 years
• You can get loans from us for up to 80% of your property value
• We cater to the housing requirement of customers in the middle and lower income group
• We provide specialised home loans for the unorganised sector and help people turn their dreams of owning a home into reality

Key benefits of microfinance in India include:

• Access to credit for the marginalised sections of the society
• Enables access to education and healthcare for people who do not have access and/or affordability
• Improves income and nutrition for families, especially women
• Smaller loans do not burden the individual and family and repayment is in easy installments
• An entrepreneur once successful will hire others, and it will lead to job and wealth creation
• Significant economic gains for the nation as a whole

Muthoot FinCorp’s used car loan EMI calculator offers the following benefits:

• Get quick and accurate results every time
• Plan your loan without any hassles of manual calculations
• It is free with an intuitive design to offering the best loan experience

The different components of a used car loan are:

• The principal amount is the amount disbursed as loan.
• The amount is disbursed for a set tenure or time.
• You pay interest on the principal amount.
• You repay the loan in EMIs or equated monthly instalments (principal amount and interest)

An EMI calculator computes results based on the principal amount, tenure and interest rate chosen by the borrower. Any change in any of the variables leads to a direct and instant change in the EMIs and total cost of the loan. A borrower can compare the differences in the results by changing the interest rate variable on the used car loan EMI calculator.

The documents needed to avail car loan for used carsare simple. When you want to initiate financing for a used car loan from Muthoot Capital Services Limited, please keep the following documents ready:

• Salary Credited Bank Statement plus 3 months’ salary slips / 2 years’ ITR with computation sheet.
• Address proof-Passport/ Aadhaar / voter Id card,/ driving license / utility bills/ ration card / LIC policy.
• Identity proof- Passport/ Aadhaar card/ driving license/ PAN card/ Voter’s Id card
• Asset proof – land/ house/ building tax receipt
• The filled application form is required along with a passport size photograph.

We are bound by and follow KYC forms as per the regulator’s guidelines. You will be required to furnish documents for age, income, and address. The list of documents is given below:

PROOF OF RESIDENCE –  ATTESTED PHOTO COPY OF ANY ONE OF THE FOLLOWING: –

• Ration Card
• Passport
• Driving Licence
• Bank Account Statement
• Voter’s ID Card Documents Required
• Current Telephone / Electricity / Gas Bill / Water Bill / Property Tax

PROOF OF IDENTITY – ATTESTED PHOTO COPY OF ANY ONE OF THE FOLLOWING:

• Driving Licence
• Driving Licence
• Aadhar Card (UIDAI)
• Letter confirming identity from a commercial bank
• Employee ID Card if issued by Central / State Government undertaking
• Voter’s ID Card
• Pan Card
• Income Documents SALARIED INDIVIDUAL
• Salary Slip of last 3 months of Salary certificate issued by employer in absence of salary slip
• Bank Statement for the last 12 months
• ITR for last 2 years if available

Income Documents BUSINESS INDIVIDUAL Business ownership proof documents like license, rent agreement of shop etc.

• Income documents like purchase bills, sales bills, sales register etc.
• Bank statement for last 12 months
• ITR for last 2 years if available

We are bound by and follow KYC forms as per the regulator’s guidelines. You will be required to furnish documents for age, income, and address. The list of documents is given below:

• PROOF OF RESIDENCE – ATTESTED PHOTO COPY OF ANY ONE OF THE FOLLOWING:
  Ration Card
  Passport
  Driving Licence
  Bank Account Statement
  Voter’s ID Card
• Documents Required
  Current Telephone / Electricity / Gas Bill / Water Bill / Property Tax
• PROOF OF IDENTITY – ATTESTED PHOTO COPY OF ANY ONE OF THE FOLLOWING:
  Passport Driving Licence Aadhar Card (UIDAI) Letter confirming identity from a commercial bank Employee ID Card if issued by Central / State Government undertaking Voter’s ID Card Pan Card
• Income Documents SALARIED INDIVIDUAL
  Salary Slip of last 3 months of Salary certificate issued by employer in absence of salary slip Bank Statement for the last 12 months ITR for last 2 years if available
• Income Documents BUSINESS INDIVIDUAL
  Business ownership proof documents like license, rent agreement of shop etc. Income documents like purchase bills, sales bills, sales register etc. Bank statement for last 12 months ITR for last 2 years if available

We have a straightforward eligibility criteria to help you with a loan for used cars. The eligibility criteria to get a loan for a second hand car is: 

• You should be an agriculturist/ self-employed person / salaried individual.
• The minimum age must be 21 or above when you apply for the loan; and the maximum age must be 60 for salaried individuals and 70 for self-employed individuals, when your loan tenure ends.
• The minimum income requirement is Rs. 1.8 lakhs per annum for salaried individuals and pensioners, and Rs. 2.5 lakhs per annum for self-employed individuals

The processing charges for an SME business loan is pegged at 2% of the loan amount you decide to avail. Applicable taxes are extra – please discuss this with your Muthoot FinCorp Customer Care Representative. The current tax regime is 18% GST for small business loans in India.

If the home loan in India from Muthoot FinCorp was sanctioned at a floating or variable rate, you can foreclose it at no additional charges. In case a fixed rate housing finance, foreclosure from own sources attracts no charge, though if you decide to refinance the loan, you will have to pay 3% to 5% of the amount outstanding as foreclosure charges.

If the home loan in India from Muthoot FinCorp was sanctioned at a floating or variable rate, you can foreclose it at no additional charges. In case a fixed rate housing finance, foreclosure from own sources attracts no charge, though if you decide to refinance the loan, you will have to pay 3% to 5% of the amount outstanding as foreclosure charges.

There are various factors that can impact your home loan interest rate. These include: 

• Home Location: Depending on the state of residence in India, the rate of interest on your home loan may vary.
• Home Loan Amount: Your Home Loan amount has a direct impact on the interest rate. 
• Loan Tenure: The loan tenure will affect the loan interest rate. 
• Type of Interest: Fixed interest rates are typically higher than floating rates of interest.

Loan Type: Rates of interest may differ depending on the category of home loan you choose to avail.

Here are the factors that affect the two wheeler loan interest rate:

• Borrower’s eligibility: Muthoot FinCorp’s two-wheeler loans start from 0.99%* per annum. The interest rate on each loan is decided by assessing the eligibility of the applicant. 
• Principal amount: The principal amount is one of the prime factors for calculating the interest rate on the two-wheeler loan. As the loan amount increases, the interest rate rises and vice versa.

The following charges and fees are involved when availing a loan against property:

• Application fees: 0.5% of the amount applied for
• Processing fees: 2.5% of the loan amount approved
• Pre-payment fees: No fee is applicable if the loan is prepaid from own sources or if the loan had a floating rate of interest.

The above charges are subject to change as per company policies. Please get in touch with a customer care executive at 1800 102 1616 or visit your nearest Muthoot FinCorp branch to know the charges applicable for your loan.

Besides, you may refer the Schedule of charges to know more about the charges associated with SULB. To view the Schedule of Charges, please click here

Muthoot FinCorp has provision for loan tenure starting from 3 to 20 years for home loans in India. You can have a loan value as low as 2 lakhs all the way to 30 lakhs. As housing finance uses the house purchased to secure the loan as collateral, the interest rate is lower than unsecured loans. Based on your income and comfort, you can opt for fixed or flexible repayment options.

Muthoot FinCorp has provision for loan tenure upto 20 years for home loans in India. You can have a loan value as low as 3 lakhs all the way to 40 lakhs. As housing finance uses the house purchased to secure the loan as collateral, the interest rate is lower than unsecured loans. Based on your income and comfort, you can opt for fixed or flexible repayment options.

At Muthoot Capital Services Limited, the interest rates for Two Wheeler Loan start as low as 0.99%* per annum and  8.99%* per annum for used car loans. Visit any Muthoot FinCorp branch or call us on 1800-102-1616 for complete information. *Terms and conditions applicable.

The following is the list of documents whose copies you will need to submit while applying for your bike loan:

Salaried Person:

• ID Proof: Passport/Photo credit Card/Pan Card /Driver’s License /Voter’s ID/Aadhaar Card/ Identity card with applicant’s photograph issued by Central/State Government Departments, PSU.
• Two recent passport size photographs
• Address Proof: Passport/Driver’s License /Voter’s ID/Utility Bill/Aadhaar card/Bank account or Post Office savings bank account statement. It should be computerized documents issued by PSU, Pvt Sector, or MNC Banks only. / Property or Municipal Tax receipt; Address proof in the name of the applicant’s spouse or parents name is acceptable
• Last 3 month’s salary slips/ Form 16/Latest ITR
• Last 3 month’s bank statement is mandatory

Self Employed:

• ID Proof: Passport /Pan Card/Driver’s License/Voter’s ID/Aadhaar Card
• Two recent passport size photographs
• Address Proof: Passport/Driver’s License /Voter’s ID/Utility Bill/Aadhaar card/Bank account or Post Office savings bank account statement. It should be computerized documents issued by PSU, Pvt Sector, or MNC Banks only. (All banks except corporation bank)/  Property or Municipal Tax receipt; Address proof in the name of the applicant’s spouse or parents name is acceptable
• Latest Income Tax Return (ITR)
• Last 3 month’s bank statement is mandatory

Here are the loan against property documents required at the time of application:

• Address Proof 
• Identity Proof 

• Proof of Ownership of Residence: 

1. Property Documents – Original sale deed/Possession letter/NOC from Society
2. Maintenance Bill/Electricility Bill

• Bank statement: Last six months statement of salary account 
• Pre-existing loans: In case of any existing loan, you are required to submit the sanction letter and the record of payments made.
• Investment proof (if any)
• Advance processing cheque

• Proof of profession (for salaried professionals)
• Proof of business (for self-employed persons)

• Proof of Income 

The documents required for a new PAN card application ( Form 49A) include:

The Aadhaar card is mandatory.

A proof of identity which could be:

• Passport
• Elector’s photo identity card
• Driving license
• Ration card
• Arm’s licence
• Pensioner card having photograph of applicant

A proof of address which could be:

• Passport
• Aadhar card
• Elector’s photo identity card
• Driving license
• Passport of the spouse
• Post office passbook
• Latest tax assessment order
• Domicile certificate issued by government (in copy)
• Property registration document
• Bank account statement not more than 3 months old ( in copy)
• Certificate of address in original signed from gazetted officer.
• Electricity bill or water bill or consumer gas connection card(in copy)

A proof of date of birth for Individuals and HUFs which could be:

• Aadhaar card
• Elector’s photo identity
• Driving license
• Passport
• Matriculation certificate
• Birth certificate
• Pension payment order
• Marriage certificate
• Affidavit sworn before a magistrate stating the date of birth
• Domicile certificate issued by government

The documents required for NRI new pan card application (Form 49AA) include:

A proof of identity which could be:

• Passport
• OCI card
• PIO card

A proof of address which could be:

• Passport
• OCI card
• PIO card
• Bank account statement in the country of residence
• NRE bank account statement in India
• Certificate of residence or residential permit issued by state policy authority
• A copy of Indian visa and an appointment letter or contract with an Indian company

Here are the documents you need to avail Muthoot FinCorp’s bike loan:
Valid Identification (Any one): Aadhar Card / Voters ID Card / Passport / Driving License / PAN Card
Valid Address Proof (Any one): Identification documents can also be used / Ration Card / LIC Policy
Income Proof (Any one): Bank Statement / ITR / Salary Slips / Form 16
Asset Proof: Documents of self-owned property as Asset Proof for processing your two-wheeler finance
Photograph: A recent passport size photograph

Here are the required documents for bike loan you need to avail:

Valid Identification (Any one): Aadhar Card / Voters ID Card / Passport / Driving License / PAN Card

Valid Address Proof (Any one): Identification documents can also be used / Ration Card / LIC Policy

Income Proof (Any one): Bank Statement / ITR / Salary Slips / Form 16

Asset Proof: Documents of self-owned property as Asset Proof for processing your two-wheeler finance

Photograph: A recent passport size photograph

To get a vehicle loan, the following documents are needed:

• A proof of identity: Any one of the following – passport, Aadhaar card, voters ID, diving license and PAN card.
• An address proof: Any one of the following passport, Aadhaar card, voters ID, driving license, telephone bill, electricity bill, gas connection bill, ration card and LIC policy.
• Income proof: Any one of the following, income tax return, form 16, pay slip, and salary credit in bank statement.
• Asset proof: Latest land/building/house tax receipt.
• A recent passport size photo.

To convert to any foreign currency in excess of USD 200 at a foreign money exchange, a copy of your passport + Visa (NRIs/foreign visitors) or any other government issues photo ID and Address proof (Resident Indian). If the amount is above USD 5,000 in cash, you will have to provide a currency declaration form.

You need to produce your valid Identity proof and account details to send money internationally via the Muthoot FinCorp Money Transfer services.

Immediately call our customer care representative at 1800 102 1616 if you lose your Forex travel card when travelling abroad. Our representatives will help cancel the card and issue another one. The duplicate or new card is issued immediately and you can continue your trip without hassles.

An incomplete Form 49Aand Form 49AA will not be accepted. Instead of trying to fill it yourself, it is better to take the help of a customer care executive to help you fill your new PAN card application form correctly in the first go, to eliminate the chances of rejection due to incomplete or incorrect application form submission.

A Muthoot FinCorp Forex travel card is a prepaid card that can be used to make payments in a foreign currency of your choice. It functions in the same way as a debit card – you could swipe it on the checkout counters or use it at an ATM to withdraw cash in foreign currency selected. We issue prepaid travel cards to people traveling abroad for pleasure, business, higher studies, medical and other reasons.

A home loan or a housing loan is money that an individual borrows with the express purpose of buying a home. The property acts as a collateral for the loan. The borrower has to repay the loan along with an agreed upon interest through monthly EMIs over a period of time i.e. the tenure of the loan.

A home loan or a housing loan is money that an individual borrows with the express purpose of buying a home. The property acts as a collateral for the loan. The borrower has to repay the loan along with an agreed upon interest through monthly EMIs over a period of time i.e. the tenure of the loan.

In simple words, a LAP EMI calculator calculates the amount borrowers pay as monthly instalments and the total cost towards the loan taken against property. Use the calculator to decide a principal amount and tenure for the loan that you can pay comfortably.

A 2 wheeler loan allows you to buy a bike of your choice at a low-interest rate with monthly EMIs that don’t break the bank.

A loan taken for buying a pre-owned or second-hand car is called a loan for a used car. 

An affordable home loan is designed for the lower and middle-income groups who do not have access to finance from traditional banking institutions. Our loans vary between Rs 3-25 lakhs, which allows the lower strata of the society to own homes in the cities of their residence. Even the Government of India, under its “Housing for All” initiative, encourages people of different income brackets to own a home.

Vehicle loan is a way to finance the purchase of vehicles such as scooters, bikes, cars etc. Once the loan is taken to buy an automobile, the customer makes monthly payments to repay the same over the period chosen under the vehicle loan scheme. The vehicle loan terms depend on your income and credit history, among other factors.

Domestic money transfer means sending money within India. Using Domestic Money Remittance (DMR) Service, you can remit money to a bank account holder in another part of the country. Visit your nearest Muthoot FinCorp branch to understand how we can help you send money to beneficiary residing in India via our money transfer services.

Muthoot FinCorp offers a loan up to 50% of the value of the property you pledge against the loan up to a maximum of Rs 10,00,000. This percentage is known as the loan-to-value ratio. This ratio varies upon the eligibility of the borrower. If you have a lower eligibility, the loan-to-value ratio will decrease. So, ensure that you meet all the eligibility conditions to get the maximum loan amount approved. You can call our customer care centre to 1800 102 1616 to find out about your eligibility.

The provision to provide small loans to small ticket borrowers is called Microfinance. The aim of a Microfinance company is to provide access to reliable and affordable financial services to the poor, especially to women and the economically weaker section of the society. It is the only meaningful way to eradicate poverty and help create a powerful economic and social effects. The scope for Microfinance in India is huge and can help kickstart the economy and provide entrepreneurial opportunities and employment for millions.

It is very difficult to give an average return on Mutual Funds in India, as they are dependent on several factors such as the economy, inflation government policies and companies in which the SIP is investing. However, our team of experts factor in predictions and market conditions, and study the balance sheet of the companies online and otherwise, before including them in our Mutual Fund portfolio.

The average loan tenure is about 18 months for an SME loan.  However based on your requirements, we provide option of 122 days under EDI scheme and from 12, 24 or 36 months for EMI. The exact tenure for your  loan for an SME will depend on the loan amount and the installment scheme you decide to opt.

If you are looking to finance your automobile purchase make sure that:

• Your credit report is up to date
• Estimate how much EMI can you afford. As a rule of thumb EMIs should be less than 10% of your income.
• Walk into any Muthoot FinCorp branch or apply online for your vehicle loan.

Our 2 wheeler interest rates start at 0.99%* per annum. The interest rate for each loan differs from another since it is primarily based on the principal amount and the eligibility of the borrower. 

The interest rate depends on various factors. It will vary according to loan amount, tenure and eligibility. You can get in touch with our customers care representative at 1800 102 1616 for more details.

 Muthoot Fincorp offers a range of innovative housing loan products with interest rates varying between 12% and 18%. However, the actual or current rate of interest on the home loan will be different for individual applicants depending on a variety of factors. Other than the profile of the borrower, Muthoot Fincorp will take into consideration the applicant’s credit score and financial status, eligibility, documentation, loan amount and repayment tenure requested to arrive at a decision on the home loan interest rate.

Used car loan interest rate at Muthoot FinCorp start at 8.99%* per annum. The interest rate applicable to the loan will depend upon the used car loan scheme and the borrower’s profile.

There are several differences between a home loan and a loan against property.

• Definition: Home loans are loans you take to buy or construct a home. Loan against property comprises home loans and loans that you can take by mortgaging a self-owned property.
• Purpose: You can take home loans only to buy or construct a particular home you are getting financed. On the other hand, you can take a loan against property to meet any financial requirement like education, medical or wedding expenses.
• Value: You can take a home loan for up to 80-90% of your property’s value, while a loan against property is limited to 50% of the property value.

Among the easiest ways to send or receive international money transfer is through Money Transfer Service Scheme (MTSS). This service is designed for remittances being sent to family members living in India or to foreign tourists visiting India. It ties up international fund transfer companies abroad with agent in India who can deliver funds to the beneficiary at the prevailing exchange rate.

When taking a loan for home renovation, here are the criteria you are expected to fulfil:

You need to have a bank account to avail the loan

Muthoot Fincorp offers loans with one of the lowest home loan interest rates in India. The home loan interest rate scheme offered by Muthoot Fincorp is linked to the Retail Prime Lending Rate, popularly known as RPLR. Other than this, the scheme takes into account the type of loan and the amount availed. Typically, the Muthoot home loan varies between 12% and 18% which can be a fixed or floating. 

The interest rates that we at Muthoot Housing Finance Ltd. offer ranges from 12-19%. If you are looking for an affordable housing loan, you can be assured of getting competitive interest rates. We also preferential rates for the PMAY, and for EWS/LIG schemes of the State and Central Governments of India. The interest charged on the home loans is clearly mentioned in the loan agreement and the sanction letter.

The tenure for Home Improvement Loan may vary depending on the borrowed
amount and is available in flexible tenures ranging from 3 to 20 years. It’s advisable to get an estimate for the home renovation job from vendors and workmen before applying – it will give you an exact idea of the total budget involved, and the loan amount needed.

We make it easy to repay the loan with our extended repayment tenures. The minimum tenure we offer is of 3 years, while the maximum tenure is up to 20 years. It means, you can buy and celebrate your dream home with lower EMIs – this adds to the convenience of the home loan.

Muthoot FinCorp requires the applicant to be a minimum of 21 years of age during application and 65 years of age at the time of maturity. If you are nearing your retirement, your loan against property eligibility may be low due to a higher risk of missed payments or defaulting. 

You can check your eligibility amount through Muthoot FinCorp’s loan against property eligibility calculator.

Changes to your motor insurance policy can only be done at the time of renewal. Please share the details you require changed with our customer care ree details as per your new requirements in the form provided when renewing your motor insurance.

Microfinance has been recognised as one of the most effective tools for poverty alleviation and for women empowerment. The idea is simple – provide small and microloans to marginalised groups and help them become self-sufficient through entrepreneurial activities. Multiple studies show that rather than one-time access to capital, multiple access to microcredit can help people earn a steady and sustainable income.

You can repay your Muthoot FinCorp SME loans in India in the following two ways:

EDI – You can choose to repay your loan in Equated Daily Installments if the loan is for Rs 15,000 to Rs 1,00,000. You do not have to step out of your workplace as we can facilitate doorstep collections.

EMI – The SME finance that ranges from Rs 1,00,000 to Rs 8,00,000 can be paid in Equated Monthly Installments. You can prepay the loan after 60 working days with no foreclosure charges. Our EMI schemes include EMI loan, Banking Surrogate Programme and Financial Income Based Programme.

You can fill up the new PAN card application at Muthoot FinCorp branch and submit the form with us. We would assist you with all the details needed and get the PAN card issued at the earliest.

Muthoot Fincorp allows you to get a loan of up to 50% value of the property. The maximum amount that you can avail is Rs 10,00,000. The amount depends on your eligibility. You can check our loan against property eligibility calculator to know the amount you can borrow.

There is no minimum income criteria for a loan against property eligibility. However, your repayment capacity is assessed through your income. So, if you have a lower income, the amount you will be eligible for, as a loan against property, will be lower. 

Before buying gold jewellery on installments you should check the following:

• Cost per gram of the gold
• Level of purity of gold you are purchasing
• The jewellery should carry genuine bureau of Indian standard certificate
• Other charges like making charges involved

Any property wholly owned by you and not under any existing mortgage or legal activity, can be mortgaged for loan against property. The property types are:

1. Residential Property
2. Commercial Property

If there are multiple owners of the property, all of them need to sign as a co-applicant as a loan against property eligibility.

The best way to transfer money from India to Nepal is through Muthoot Fincorp’s Indo Nepal Money Transfer service. We accept all forms of payments including cash (up to Rs 50000), demand draft, payee cheque, or pay the order. We also initiate account to account transfers from India to Nepal. You can make up to 12 remittances in a year from India to Nepal.

The cheapest way to transfer money to Nepal from India is through Muthoot Fincorp’s Indo Nepal Money Transfer service. We charge a nominal processing fee for every transaction you make, sending funds across Nepal quickly and efficiently. 

The lowest down payment you can make for getting a finance for your housing is 20% of the value of the house. This makes our affordable home loan options a boon for the unorganised housing sector.

The lowest used car loan interest rate offered by Muthoot FinCorp is 8.99% per annum. However, this rate depends on the scheme, borrower’s income profile, credit history, LDV of the used car, etc.

Call us at 1800 102 1616 for more information.

The lowest used car loan interest rate offered by Muthoot FinCorp is 8.99% per annum. However, this rate depends on the scheme, borrower’s income profile, credit history, LDV of the used car, etc.

Call us at 1800 102 1616 for more information.

You can repay your loan against property instalment directly via a bank account. You can set up an auto-debit facility. Our customer care executives will be happy to help with any queries.

You can exchange foreign currency at your nearest Muthoot FinCorp branch. You can locate the branch nearest to you at https://www.muthootfincorp.com/branch-locator

To find the nearest Muthoot FinCorp branch, use the Branch Locator provided here:

https://www.muthootfincorp.com/branch-locator

Select your state and district from the drop-down menu to find the list of branches near you.

For more details you can call us at 1800-102-1616

You can visit your nearest Muthoot FinCorp branch and our customer care representative will take you through the process of getting as well as filling the new PAN card Application to complete the process. You can also collect the application form from us if you want to fill it later.

The amount of loan that you can get against a property depends on:

• The market value of the property
• Your ability to repay the loan

The loan against property can be for maximum of 50% of the value of the property. The maximum loan amount that can be sanctioned is Rs. 10,00,000.

Whether a fixed or reducing used car loan interest rate is suitable depends on certain factors. Keep your current income, your future income, any upcoming large expenses and prediction of future rates in mind to make an informed decision.

Call our representative at 1800 102 1616 or visit your nearest Muthoot FinCorp branch for further guidance.

We have several Mutual Funds investment portfolios in India which are created after extensive study by our team of experts. Depending upon your investment goals and risk appetite, you can choose from several of our Mutual Funds investment plans. Please contact our customer care executive at 1800 102 1616 or visit the nearest Muthoot FinCorp branch and discuss with them the Mutual Fund Plans best suited to your requirement.

Any salaried or self-employed person between the age of 21-65 years is eligible for a loan against property. You must note that all the owners of the property must be co-applicants of the loan. 

Please note you need to be a resident in a city with a Muthoot Fincorp Ltd to avail a loan. 

The loan against property EMI calculator helps to plan for a loan before the process of application commences. 

View multiple variations of the loan structure by changing the factors to borrow an amount that is comfortable for you to repay. Checking the LAP EMI calculator before applying for a loan saves unnecessary hassle during the process.

The LAP EMI calculator is a free tool available on our website 24×7.

Each nation has its own currency, and you wouldn’t be able to use Indian Rupee to indulge in any activities on foreign land. Therefore, you should get your currency converted to a target currency at a Forex currency exchange. Most foreign currency converters at your destination will only exchange to US Dollars. If such is the case, you should convert Indian Rupee to US Dollar at a foreign exchange and convert it to local currency at your destination.

Muthoot Fincorp offers you a quick and convenient way to transfer money to Nepal without any hassle. You can simply visit our branch, complete formalities, and transfer the money within minutes. We accept all forms of payments including cash, cheque, demand draft, and pay order. We also offer direct account to account transfer to Nepal. Through our association with Prabhu Money Transfer Pvt. Ltd– India (PMT) you can send money across 10,000+ channels in Nepal. 

Muthoot FinCorp offers Renewal Prepaid Cards, which means you do not have to buy a new prepaid Forex travel card if you are travelling within the validity period – all you have to do is load the card as per your requirement and RBI regulations. When the validity ends, and you need to travel internationally, you can Renew new card.