ASK
Mattu & Mittu
loan-to-landlords

LOAN TO LANDLORDS

LOAN AGAINST LEASE RENTALS TO LANDLORDS

We extend loans to Landlords of premises taken on lease by us against rent receivables on the premises on very attractive terms. Landlords of premises rented to us may be in need of finance to meet their expanding business activities, personal purposes, construction of house, marriage of children or close relatives etc. To meet such requirements, we can extend loan to landlords, repayable by way of monthly installments from the rental payments. The EMIs will be deducted from the monthly rentals and remitted to the loan account.

  • Scheme for granting Loans to Landlords of Muthoot Finance branches against Rent Payable
  • Minimum INR 1 Lakh and Maximum INR 10 Lakh (Higher amount sanctioned as per merits)
  • Period: 60 months
  • Rate of interest:

    (a) Original title deeds of property rented to us kept with us: 18% p.a

    (b) Copy of title deeds of property rented to us kept with us: 19% p.a

  • Equitable mortgage is not required. Only original/copy of title deeds are needed
  • Processing Fee: 1% of loan amount + GST
  • Repayment: By way of monthly EMI from net rent
  • How to apply:

    (a) Application form

    (b) Request letter from Landlord

    (c) Copy of title deed

  • Loan can be sanctioned within two days.

Please contact your Branch Manager to get the loan papers and to submit your application

SALES ENQUIRY

locate us

why us

We are India's No.1 - Most Trusted Financial Services Brand, according to the Brand Trust Report 2018, 2017 & 2016 consecutively. We are also the largest Gold Financing Company in India in terms of loan portfolio, according to the 2015 update to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India, 2015 ("IMaCS Industry Report, (2015 Update)"). We provide personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time-frame, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

  • 25000

    Employees

  • 4500+

    Branches spread over 23 states and 6 Union Territories

  • 6 million

    Customers in our portfolio

  • 132 year

    Existence