Q: How long will it take to approve the loan? A: Within 24* hours of completing the documentation.
Q: How much finance can I avail of ? A: The minimum loan amount is Rs. 20000/- and the maximum is Rs. 1,20,000*, subject to maximum 85%* of the ex show room price.
Q: What are the tenure options? A: You can choose from any of the well-paced repayment options of 12,18, 24, 30, 36,42 or 48 months
Q: How can I remit the monthly installment? A: By way of cash (daily / weekly / fortnightly / monthly) according to your cash flow, at any of Muthoot Fincorp branches across the country
Q: Do I have the option of pre-paying the entire loan amount? A: Yes. You can pre-pay the loan any time, at a nominal charge.
* * In overdue cases Rs 100 for every defaulted installment and late payment penalty at 5% per month of the defaulted installment amount compounded at monthly rests, will be charged, in the event the repayment is not made on the agreed due date.
Drive home your dream in just 24 hours. Our flexible repayment options, easy installments and hassle free documentation makes us your banker of choice.
Flexible repayment options, ranging from 12 to 36 months.
Attractive interest rates.
Loan approvals in 30 minutes
Repayment through any of Muthoot Fincorp branches across the country.
Installment can be paid daily/weekly/fortnightly/monthly according to the customer's convenience
Hassle free loans - no post dated cheques required
Easy and simple documentation.
Spot approval for Muthoot Pappachan Group debenture holders.
Special schemes to suit your needs.
Spot approval for Honda / Hero Honda models.
No income proof based programs also available
Attractive interest rates-25% (as per applicable scheme)* *