MONTHLY INTEREST
Monthly
| Series | Tenor | Coupon p.a. | Yield p.a. |
|---|---|---|---|
| Series 1 | 400 Days | 10.50% | 11.02% |
| Series 3 | 24 Months | 10.75% | 11.30% |
| Series 5 | 36 Months | 11.00% | 11.57% |
CUMULATIVE INTEREST
Cumulative
| Series | Tenor | Yield p.a. |
|---|---|---|
| Series 2 | 400 Days | 10.94% |
| Series 4 | 24 Months | 11.36% |
| Series 6 | 36 Months | 11.60% |
| Series 7 | 73 Months | 12.07% |
CREDIT RATINGS
ABOUT THE COMPANY
Incorporated in 1939, Muthoot Mercantile Limited is a non-banking financial company engaged in the business of lending loans against the security of Gold, Investments, Health Insurance, Forex Services, and Money Transfer.
The Company has branches throughout Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Madhya Pradesh, Punjab, and Uttar Pradesh, with potential for further expansion. The company is headquartered in Thiruvananthapuram, a city in the south Indian state of Kerala. They have been in the money lending business for decades, mainly focused on small-scale lending against households and used gold jewellery. Over 84 years, the company has evolved its operations.
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The Company has branches throughout Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Madhya Pradesh, Punjab, and Uttar Pradesh, with potential for further expansion. The company is headquartered in Thiruvananthapuram, a city in the south Indian state of Kerala. They have been in the money lending business for decades, mainly focused on small-scale lending against households and used gold jewellery. Over 84 years, the company has evolved its operations.
+ Read More