Muthoot HomeFin Apply for Loan : muthoothomefin.com

Organization : Muthoot HomeFin
Service Name : Apply for Loan
Apply Online : http://www.muthoothomefin.com/apply-online.html

Muthoot HomeFin Apply for Loan

** Loan Sanction in 48 hours*
** Doorstep Service
** Online Account Access

Related / Similar Services :
Muthoot Precious Metals Kanaka Vrishty Gold Scheme

** Floating rate options available
** No Hidden Charges
** Approved Projects
*Loan will be sanctioned in 48 hours on receipt of all the required documents

Plot and Construction Loan : (Composite Loan)
This facility is to provide finance for purchase of plot and construction of residential house thereon within specific time.
Loan amount:Upto Rs. 50 Lacs in Metros and Rs. 30 Lacs in Non-Metro Cities
Maximum Loan to Value:
Loan Amount | Maximum Loan to Value :
Upto Rs. 30,00,000 90% of property value
From Rs. 30,00,001 to Rs. 50,00,000 80% of property value
Tenure:up to 20 Years (However, the period shall not exceed beyond 60 years and 70 years of age of the borrower/co-borrower, respectively for Salaried and Self Employed borrowers / co borrowers)
Repayment:Equated Monthly Instalments (EMI) through Automated Clearing House (ACH).
Tax benefits:Tax deduction subject to a maximum limit of Rs 2 Lacs for interest payments and up to Rs 1.5 Lacs for principal repayment. Tax benefit can be shared between co-borrowers subject to certain conditions.

Top up Loan :
With the help of this facility you can celebrate your personal or professional milestones such as marriage, a dream vacation, business expansion, debt consolidation etc. Existing Home loan customers or Home Loan BT Customers can opt for this facility
Loan amount:Upto Rs. 50 Lacs in Metros and Rs. 30 Lacs in Non-Metro Cities. The amount is combined loan amount for Existing Home Loan/ BT Loan and Top Up loan.
Maximum Loan to Value:Combined LTV of existing Home Loan / BT Loan along with eligible Top up loan, shall not exceed 80%.
Tenure:Upto 15 Years (However, the period shall not exceed beyond 60 years and 70 years of age of the borrower/co-borrower, respectively for Salaried and Self Employed borrowers / co borrowers)
Repayment:Equated Monthly Instalments (EMI) through Automated Clearing House (ACH).

The Muthoot Group :
** Established in 1887, The Muthoot Group has emerged as one of India’s largest financial group with business interests in 17 diverse fields.
** It has a network of more than 4500 branches and customer base of over 1000 million spread across the country enabling to serve 75000 customers every day, supported by employee strength of more than 25000.
** Celebrating 128 years of service to the customers, The Muthoot Group has evolved from being the provider of a single window service to a financial supermarket offering varied services to the public.
** The Group treasures the dynamism it has displayed over the years and cherish the trust that our customers have bestowed upon us.

About Us :
Established in 1887, The Muthoot Group has emerged as one of India’s largest financial group with business interests in 17 diverse fields. It has a network of more than 4500 branches and customer base of over 1000 million spread across the country enabling to serve 75000 customers every day, supported by employee strength of more than 25000.

REGISTERED OFFICE ADDRESS :
Muthoot Homefin (India) Limited
Muthoot Chambers, Kurian Towers,
Banerji Road,
Kochi – 682018