%20scale(0.09049,-0.09049)'%20d='M103%201298%20191%201493H1325L1239%201298H923Q955%201242%20967%201168H1325L1239%20973H962Q945%20896%20902%20838Q830%20743%20686%20698Q765%20680%20828%20616Q891%20552%20954%20424L1163%200H753L571%20371Q516%20483%20459.5%20524.0Q403%20565%20309%20565H159V831H362Q483%20831%20536%20898Q562%20931%20575%20973H103L191%201168H572Q559%201205%20536%201234Q483%201298%20362%201298Z'%20fill='%23FFFFFF'/%3e%3ccircle%20cx='390.83'%20cy='161.76'%20r='43.80'%20fill='%230B5FFF'/%3e%3cpath%20d='M%20371.12%20161.76%20L%20388.64%20179.28%20L%20412.73%20142.05'%20fill='none'%20stroke='%23FFFFFF'%20stroke-width='9.64'%20stroke-linecap='round'%20stroke-linejoin='round'/%3e%3c/svg%3e)
iMuthoot Muthoot Finance Loans Review
Muthoot Finance Ltd
Kerala-based NBFC offering gold-backed personal credit with branch-led KYC.
Red flags
- •Higher APR ceiling (up to 30%) for low CIBIL bands
- •Processing fee + GST stacks on disbursal
Green flags
- •RBI-registered NBFC (N-16.00167)
- •Branch network for in-person KYC
- •Transparent KFS issued before disbursal
- •Listed on NSE/BSE — public financials
Permissions demanded
Data practices
Data stored as per RBI Digital Lending norms; does not access contacts, gallery, or microphone in the personal-loan flow.
Recovery practices
In-house collection team; recovery agents must follow RBI Fair Practices Code. Complaints handled by internal grievance officer and RBI Sachet.
Sources & references
Grievance & support
- Grievance redressalhttps://www.muthootfinance.com/customer-service
Contact details published by the lender. If unresolved within 30 days, escalate via RBI Sachet.
Disclaimer: Reviews are independent editorial assessments based on publicly available information and user-submitted complaints. APR ranges and fees can change — always check the lender's Key Fact Statement before borrowing. Not financial or legal advice.
More reviews
Frequently asked questions about iMuthoot Muthoot Finance Loans
Is iMuthoot Muthoot Finance Loans RBI-registered?
iMuthoot Muthoot Finance Loans is operated by Muthoot Finance Ltd. Its RBI status: RBI-regulated NBFC. Always verify the parent lender directly on the RBI NBFC list before borrowing.
What is the real APR on iMuthoot Muthoot Finance Loans?
iMuthoot Muthoot Finance Loans charges an APR between 30% and 30% per annum with a processing fee of up to 2.5%. After fees and GST, the effective APR on short tenures can be significantly higher than the headline rate.
Is iMuthoot Muthoot Finance Loans safe to use?
Kerala-based NBFC offering gold-backed personal credit with branch-led KYC. Permissions demanded: Camera (KYC), SMS (OTP), Location (branch locator). Recovery practices: In-house collection team; recovery agents must follow RBI Fair Practices Code. Complaints handled by internal grievance officer and RBI Sachet..
What loan amount and tenure does iMuthoot Muthoot Finance Loans offer?
Ticket size ranges from ₹50,000 to ₹15,00,000, with tenure between 3 and 61 months.
How do I close my iMuthoot Muthoot Finance Loans loan early?
Open the app, request a foreclosure quote in writing, and pay the principal + accrued interest. Demand the No Dues Certificate (NDC) within 7 working days — RBI mandates it. If iMuthoot Muthoot Finance Loans refuses or harasses you, file a complaint on the RBI Sachet portal.