Muthoot Homefin Loan EMI Payment

Now you can pay your loan EMIs more efficiently than ever before. There is no need to search for a payment method that allows you to make payments instantly and provides cash back or to choose between the most convenient payment method; MobiKwik has it all. Paying your loan EMI promptly increases your chances of getting a loan faster and in a less stressful manner. Likewise, making Muthoot Homefin loan EMI payment online is now easy and super quick with MobiKwik. You can complete the payment within minutes with some basic and simple steps.

• Housing Loan for Purchase of A House Apartment Or Flat:
  You can avail this loan if you buy an under-construction home or a new home from an authority or developers. In this case, the maximum loan value you can buy is 30 lacs and the maximum loan to value range is 90% of the property value. The tenure is up to 20 years. It is also dependent upon the age of the borrower and can not be extended further if the borrower is 60 years old (salaried person) or 70 years old (self-employed person).
• Housing Loan For Refinancing Of Property:
  Consumers may apply for this loan within one year after purchasing a fully-constructed residential property. Consumers may apply for this loan within one year after submitting their loan applications for financing the purchase of residential housing if the asset is currently underway. 0.99 million is the maximum loan amount for up to 20 years.
• Top-Up Loans For Extension Or Improvement Of Existing Residential Property:
  This home loan is provided for improving the owner's existing home. Applicants can borrow up to 30 lacs for up to 15 years.
• Home Extension Loans:
  This loan is provided for adding extra space in the owner's home for future needs. Applicants can borrow up to 50 lacs for up to 20 years.
• Home Loan Balance Transfer And Top Up:
  Customers can transfer their existing home loans from one financial institution to another. The maximum loan amount is 30 lacs, which can be borrowed for a maximum period of 20 years.
• Housing Loan For Home Construction:
  Customers can take this loan to purchase an under-construction or new home from an authority or developers. A maximum of 30 lacs can be borrowed for a maximum of 20 years.
• Housing Loan for NRIs:
  A non-resident Indian can avail this home loan for multiple purposes. A maximum of 3 million can be borrowed for a maximum period of 15 years.
• Other loans:
  Other loan facilities provided by Muthoot Homefin are Commercial Property Purchase Loan for Medical Practitioners and Loan Against Residential Property.

MobiKwik offers you many payment options for Muthoot Homefin online loan EMI payment. The payment methods available in MobiKwik are-

1. Net Banking
2. UPI
3. Credit Card
4. Debit Card
5. MobiKwik ZIP - Pay Later

MobiKwik makes it easy to clear all the payments you need. Any person could make the payment and the entire process would take a few minutes. It actually takes a few basic steps to complete the payment process. The steps to complete the Muthoot Homefin loan EMI payment is-

• Open the MobiKwik app on your mobile.
• Click on “Recharge and Bill Pay”.
• Then click on 'EMI'.
• On the operator tab, choose “Muthoot Homefin Limited” from the drop-down.
• Enter your application ID, phone number and other required information.
• Click on “Go.”
• Select a convenient payment method.
• You can enter a promo code if you have one.
• Click on payment and the payment will be completed.

Muthoot makes it easy and hassle-free to complete the Muthoot loan EMI payment online. The reasons for choosing MobiKwik are mentioned below-

• Instant Payment:
  With MobiKwik, you can complete the payment process quickly within minutes. No need to go to the bank or office to clear the payment. Pay from the comfort of your home instantly.
• No extra charges:
  You need not pay any additional or hidden charges while making an online Muthoot Homefin loan EMI payment.
• Cashback and offers:
  Customers who pay their broadband bills with MobiKwik can get Cashback and SuperCash offers. Customers always save money with MobiKwik when they pay their broadband bills.
• Safe Transaction:
  MobiKwik ensures the secure transaction of your money. It is certified by international standards like PCI DSS and ISO 27001. So, no chance of scam or fraud.
• Multiple payment modes:
  The app provides a wide range of payment options for your convenience. The payment options available on MobiKwik are- Debit Card, Credit Card, UPI, MobiKwik ZIP Pay Later, etc.

A retail housing finance organization in India, Muthoot Homefin (India) Limited (MHIL) primarily assists low- and middle-income independent consumers in semi-urban and rural areas. MHIL began operating in 2014 and now has over 24,000 clients while operating in 16 state/union territories. Its branches focus on giving consumers a quick and easy experience while emphasizing a single window interface. Through both its channel partners as well as its sales force, it finds its clients directly. It has a strong branch network to sell its products to its clients.

Like Muthoot EMI pay, you can make payments for other loan providers using MobiKwik. Examples of such loan providers are- Kusalava Finance Limited, Ashv Finance, Bajaj auto finance, We Pay Finance Pvt. Limited, Protium, Dev Finance, ICICI Bank, Care India Finvest Limited, Aye Finance Pvt. Ltd., etc.