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Muthoot Homefin India Ltd.

Muthoot Homefin (India) Limited (MHIL) is a wholly owned subsidiary of Muthoot Finance Limited (?MFL?)and is a non-deposit taking housing finance company and were registered with the National Housing Bank (?NHB?) on May 19, 2014. They currently boast of a customer base consisting of 20,237 customers as at September 30, 2018. They focus on providing affordable housing loans to Lower Middle Income (?LMI?) groups and Economically Weaker Sections (?EWS?) of society in tier 2, tier 3 and tier 4 cities. Their customers comprise primarily informal and formally salaried workers and self-employed individuals. They provided loans to customers located in 11 states and one UT. Their products are focused towards aiding our customers in arranging funds for purchase of a property, construction of new residential property, as well as for renovation, improvement and extension of existing residential property.

Product Information

  • Base Issue size is 250 Cr
  • Total Issue size is 500 Cr
  • Secured NCD
  • Issue period 20/9/19 to 18/10/19
  • Interest payments can be monthly, annually & cumulative
Company Name Rating 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year Sr. Citizen Apply
Muthoot Homefin India Ltd. BWR A+ by Brickwork - 7.62% 7.62% 7.62% 7.62% - 0.25% EXTRA FOR SENIOR CITIZEN