Muthoot Finance has expanded its personal loan scheme for customers in Delhi and NCR in which it will offer loan up to Rs 10 lakh to the salaried class. Under this, the company will give unsecured loans of Rs 1to10 lakh at an interest rate of 13.5 to 23 per cent to salaried class only.
The company will target customers in the age group of 24-58 years and working in private, state and central government jobs to avail personal loans for 1-5 years. Customers will be evaluated based on the credit history, KYC checks & CIBIL score.
Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.
