Muthoot Finance Limited NCD May 2014 Interest rate up to 11.75%

 

 

Company Profile

Muthoot Finance is a “Systemically Important Non-Deposit Taking NBFC” (NBFC-ND-SI) headquartered in the south Indian state of Kerala. Muthoot Finance has an operating history of over 74 years and is the largest gold financing company in India in terms of loan portfolio with a market share of 20.3% as of March 31, 2012, according to the IMaCS Industry Report 2012. Muthoot Finance provide personal loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but are not able to access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.For the years ended March 31, 2009, 2010, 2011, 2012 and 2013 , revenues from Gold Loan business constituted 96.71%, 98.08%, 98.75%, 99.12% and 98.77% respectively, of their total income.As of March 31, 2009, 2010, 2011, 2012 and 2013, portfolio of outstanding gross Gold Loans under management was `33,000.73 million, `73,417.35 million, `157,280.72 million, `244,172.99 million and `260,003.72 million, respectively, and approximately 38.89 tons, 65.53 tons, 112.01 tons, 137.11 tons and 133.75 tons, respectively, of gold jewellery was held by us as security for our Gold Loans.

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Who Can Apply/Invest

Public financial institutions, statutory corporations, commercial banks, co-operative banks and RRBs; Provident funds, pension funds,Companies; bodies corporate and societies registered under the applicable laws in India; Public/private charitable/religious trusts; Scientific and/or industrial research organisations,Resident Indian individuals and Hindu Undivided Families through the Karta

Application Process and Form Submission/Collection Centers

Please take print of the Application Form A4 paper size. Click here to download Application form of Muthoot Finance Limited NCD May 2014
Attach following document along with the application form : –
1] PAN Card and Address Proof Photo Copy attested by applicant.
2] One Cancelled Cheque copy.
3] Bidding is mandatory.
4] Cheque / DD should be drawn in favour of “Escrow Account Muthoot Finance NCD Public Issue”.
5] On First come First Serve Basis
6] Keep photocopy of application form for your record.
7] Submit / deposit your NCD application form in Listed/ Design Bank Branches. (search below for your city)
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond will reflect in your demat account within 8-12 weeks time form date of allotment.
10] Free Home Service available *

 

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