Muthoot Finance launches cashback scheme for customers amid COVID-19

Muthoot Finance, India’s No.1 Most Trusted Financial Services Brand and India’s largest gold loan NBFC launches special cashback scheme – Muthoot Online Money Saver programme(MOMS) for customers paying interest online. This programme aims to boost digital usage among the customers during COVID-19. The cashback amount will be shown to the customers while making online payments and they can pay the interest amount after deducting the cash back from interest payable.

According to Mr. George Alexander Muthoot, Managing Director, Muthoot Finance, “To accelerate the digital adoption, we are delighted to launch a very attractive assured interest cashback offer for our customers who pay gold loan interest online through and iMuthoot App in these unprecedented times.”

The facility has currently launched on Muthoot Online website and would be launched on iMuthoot App by the end of this month. The slab based of interest payment eligible for cash back amount is given below,

Muthoot Online Money Saver ( MOMS )
Interest Payment Value Cashback Value
> Rs 50,000 Rs 1501
Rs 25,000 to Rs 49,999 Rs 601
Rs 10,000 to Rs 24,999 Rs 201
Rs 5,000 to Rs 9,999 Rs 101
Rs 2500 to Rs 4,999 Rs 51

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