Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one financial app for loans, payments, forex, money transfers, insurances, savings & investment. An SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy of 137+ years & the trust of more than 1 crore customers. 
 
Muthoot FinCorp ONE App Offers: 
 
● Loan Marketplace 
- Apply for Gold Loan via missed call, opt for Gold Loan from Home, or visit any of Muthoot FinCorp Ltd.’s 3,700+ branches pan-India 
- Also apply for Personal Loans, Two-Wheeler, Used Car Loan, Housing Loans, Business Loan, Education Loans, Loan Against Property & Credit Cards 
 
● Investments & Savings: Get eSwarna Digital Gold, apply for Swarnavarsham, invest in Fixed Deposits and Muthoot FinCorp Ltd.’s Non-Convertible Debentures (NCDs).  Also create your Demat Account. 
 
● Insurance: Apply for Motor & Life Insurance. Get Coverage for Personal Accident, Critical Illness, EMI Protection and Daily Hospicash 
 
● Bill Payments: Make utility bill payments & do recharges 
 
● Forex & Money Transfer: Get Forex currency & make Indo-Nepal & Domestic Money Transfers 
 
● Muthoot Blue Rewards: Collect reward points on eligible products. Enjoy exclusive benefits across different membership tiers & redeem points to shop from 1,800+ products, get deals, & vouchers 
 
Loan Terms & Conditions 

Gold Loan 
● Loan Amount: ₹1,000 (min) to maximum as per policy 
● Tenure: 180 - 365 days 
● Interest Rate: 11.99% - 30% p.a. 
● Processing Fee: 0% - 0.3% 
● Foreclosure Fee: Nil 
● Representative Example: 
Gold Loan Example: For a ₹5,00,000 loan at 12.99%* annual interest, a customer paying only interest every 30 days for 270 days will pay ₹48,045 as interest. The processing fee is ₹25 (including GST) then total payable amount is ₹5,48,070 by the end of 270 days tenure. Principal repayment is flexible within the 270-day tenure. 
*Note: Figures may vary with gold rates & schemes. 
Note: Final rates depend on the gold loan scheme & gold rate per gram. 

Personal Loan 
● Loan Amount: ₹20,000 to ₹1 Cr 
● Repayment Tenure: 6 to 96 months 
● Rate of Interest: 10.5% to 30% 
● Processing Fees: Up to 3.54% of loan amount (incl. of applicable taxes)  
● Representative Example: 
A loan of ₹1,00,000 at an interest rate of 14% p.a. for 12 months results in an interest amount of ₹7,745 (interest rate on a reducing balance method), with a processing fee of 3.54% (₹3,540) & other charges of ₹200, the total amount to be repaid after a year is approximately ₹1,11,485. Note: This is an estimate; actual interest rate & processing fees may vary depending on the product. 
Note: Interest rates and processing fees vary based on eligibility and loan product. 

Following products are provided by:  
● Two-Wheeler & Used Car Loans by M/S Muthoot Capital Services Ltd.  
● Housing Loans by M/S Muthoot Housing Finance Company Ltd and L&T Finance Ltd.
● Motor & Life Insurance by Muthoot Risk Insurance & Broking Services  
● eSwarna Digital Gold & Swarnavarsham by Muthoot EXIM Pvt. Ltd.  
● Personal Loan by Bajaj Finserv and Tata Capital Ltd. 
● Business Loan by Muthoot FinCorp and Tata Capital Ltd. 
● Education Loan by Credila Financial Services Ltd.  
● Credit Cards by SBI Cards and IDFC Bank 
● Fixed Deposit by Bajaj Finance Ltd. And LIC Housing Finance Ltd.
● Loan Against Mutual Fund by Smallcase and Volt Money