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Individual Social Responsibility Initiative- Blood Donation Camp at Regional Office Kolkata, West Bengal
"Give Blood, Save Life Initiative"
As a part of an ISR initiative of Muthoot Finance, the Regional Office team of Kolkata had planned and organized a Blood Donation Camp under the guidance of Shri Md. Abdul Wahid, Senior Regional Manager, Muthoot Finance- Kolkata in the collaboration with Lions Club of Calcutta Welfare Trust on 28th Nov’24.
Mr. Pramod T.P., Zonal Audit Manager was the first to donate blood and staff members from all departments of RO Kolkata and more than 50 branch employees from nearby areas actively participated in this camp.
Individual Social Responsibility Initiative – Donation of Old Clothes, Blankets and Shoes at Corporate Office North, Alaknanda, New Delhi
As part of Muthoot Finance’s Individual Social Responsibility initiative, employees at the Corporate Office North in Alaknanda, New Delhi, came together for the “Give Warmth, Give Hope, Give Clothes” campaign. Demonstrating their commitment to social welfare, they successfully donated 56 cartons filled with usable clothes, blankets, and shoes to support underprivileged communities.
Donation of 2 Solar Panel Trolley (Each of 5 KW Of Grid) to Power Indian Army Office at the 70th Armored Regiment Indian Army in Jodhpur, Rajasthan
“Empowering our Brave Soldiers with Sustainable Energy”
Under the CSR initiative of Muthoot Finance, 2 Solar Panel Trolley (Each of 5 KW Of Grid) were donated to Power Indian Army Office at 70th Armored Regiment Indian Army in Jodhpur, Rajasthan on 28th November’24.
Distribution of 10 Manual Cycle Rickshaws to Poor and Needy People for Promoting Livelihood at Najafgarh, Delhi
On the occasion of the Constitution Day, Muthoot Finance as a part of its CSR initiatives, distributed 10 manual Cycle Rickshaws to poor and needy people for promoting sustainable livelihood in Najafgarh, Delhi on 26th November 2024.
Are farmers eligible for discounted gold loan interest rates?
Yes. Farmers are eligible for some of the lowest interest rates on gold loan schemes, especially if they plan to use the borrowed funds for agriculture-related requirements. The loan amount can be used to fund farming-related activities, like agriculture infrastructure. Farmers can get rebates of 1-2%, resulting in some of the lowest interest rates on gold loan schemes.
Does a credit score impact the gold loan interest rate?
Yes. A borrower’s credit score impacts the offered interest rate on a gold loan. The lowest interest on gold loan schemes will be offered to borrowers with high credit scores, as a high credit score shows that one is a responsible borrower. This not only allows borrowers to get the best gold loan interest rate but also better loan terms.
What are the ways to reduce the gold loan interest rate?
There are several ways for you to avail yourself of the lowest interest rate on gold loan schemes. Check your credit score and improve it, if required. Explore different gold loan schemes as the loan against gold interest rate varies from one scheme to another. You can also consider opting for a shorter loan tenure for a lower interest rate on your gold loan.
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