Fixed Deposits Online by Muthoot Capital
Muthoot Capital offers short-term and long-term deposit plans for all your needs. Our schemes include monthly interest plans, annual interest plans, and maturity plans, offering interest rate as high as 8.38% p.a*. You can open a Fixed Deposit account through our wide network of 3,600 Muthoot branches across the country.
Key Benefits and Features
Better Interest Rates
Encourages the habit of savings
Flexible interest rates
Flexible interest rate payouts
Fixed Deposit Interest Rates
|Scheme A - Non Cumulative Deposits|
|Monthly Interest Plan|
|(Minimum Amount - 1000)|
|Period||Rate of Interest (% p.a)|
|Scheme C - Cumulative Deposits|
|Maturity Plan (Annual Cumulative)|
|(Minimum Amount - 1000)|
|Period||Rate of Interest (% p.a)||Annualized Yield (%)|
The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on our Core Values. With trust as the bedrock, Group's core values are Integrity, Collaboration and Excellence which has led us to become one of the top business houses of india today.
Over 4,200 Branches across India
134+ years of legacy
Over 30,000 employees serving millions of customer
Walk in of over 1,00,000 customers per day
The Company may opt to make repayment by cheque or account transfer by means of RTGS/NEFT.
Interest payment on premature withdrawal (including premature withdrawal in the event of death of the depositor) would be as follows:
- If premature payment is after 3 months but before 6 months, no interest would be paid. If interest is already paid then the same will be recovered from the principal amount before making full and final settlement.
- If premature payment is after 6 months but before the date of maturity, The interest payable shall be 2% lower than the interest rate applicable for the period for which the deposit has run or if no rate has been specified for that period, then 3% lower than the minimum rate at which deposits are accepted. If excess interest is already paid then the same shall be recovered from the principal amount before making full and final settlement.
The renewal for deposit with retrospective effect will be at the option of the Company, where the deposit receipt is not presented for renewal within four weeks from the date of maturity.
As regards deposit taking activity of the Company, the viewers may refer to the advertisement in the newspaper (Mangalam: 26-Sep-2021 & Business Standard: 27-Sep-2021) / information furnished in the application form for soliciting public deposits available on https://www.muthootcap.com/fixed-deposits/
The Company is having a valid Certificate of Registration dated 13-May-1998 issued by the Reserve Bank under Section 45-IA of the RBI Act. However, the Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the Company.
The total amount of exposure (aggregate dues) to Companies in the same group or other entities or business ventures, in which, the Directors and/or the Company are holding substantial interest as on 31st March 2021 is ₹ 101.17 lakhs.
The Public Deposits solicited by the Company are not insured.