Muthoot Home Fin India Ltd announces 'Punarnirman Kerala' home improvement loans

Kochi: Muthoot Home Fin a subsidiary of Muthoot Finance announces Punarnirman Kerala – Home improvement Loans post the crisis from the biggest floods Kerala has ever witnessed.

In this scheme, the company will offer special loans for the renovation / reconstruction of houses in the flood affected areas. The loans will be processed with easy documentation and for longer tenure.

Mr. George Alexander Muthoot, Managing Director, Muthoot Finance said, “In an earnest attempt to provide a helping hand in the rehabilitation of people and rebuilding the State, Muthoot Finance has announced a special Home Improvement Scheme which will help Keralites to recover from the recent floods that devasted the State and its economy.”

He further added, “People who have properties located in the State of Kerala even if they are not living in the State are eligible for this scheme. The Loan will help the reconstruction/ renovation of the damaged homes. The amount of the Loan ranges from Rs1 Lac to maximum Rs. 10 Lac.”

The scheme is valid till December, 31, 2018. The maximum loan term shall be for a period of 20 years. PMAY subsidy is also available for eligible cases (subject to terms & conditions).