Muthoot Finance Ltd Home Loan for Self Employed

Muthoot Finance offers stress-free home loans to self-employed individuals. Whether you want to build, buy, or renovate a home, the company ensures the funds are accessible easily. The loan is further designed to address the unique challenges self-employed individuals face during loan application due to their uncertain income. Namely, the Muthoot Finance home loan for self-employed individuals features easy-to-meet eligibility criteria, hassle-free documentation, a digital application process, and fast loan approval, making it a more borrower-friendly credit option. To learn more, keep scrolling down. Hereunder, we detail Muthoot Finance home loan eligibility for self-employed, required documents, pertinent interest rates, and other associated fees. Let’s dive in.

Muthoot Finance Home Loan for Self-Employed – Highlights 

Here are the Muthoot Finance home loan interest rates for self-employed applicants and other key parameters:

Muthoot Finance Home Loan for Self-Employed – Fees and Charges

Here are the associated fees and charges of the Muthoot Finance home loan for self-employed individuals:

Muthoot Finance Home Loan for Self-Employed – Documents Required

Here are the required Muthoot Finance home loan documents for self-employed individuals:

• Application Form: A completed home loan application form duly signed.
• KYC Documents: PAN card, aadhaar card, passport, driving License, election Card, or utility bill.
• Financial Documents: Last 2-year income tax returns, profit & loss account, Balance sheet, and 6-month bank statement.

Muthoot Finance Home Loan for Self-Employed – Eligibility Criteria

Here are the required Muthoot Finance home loan eligibility for self-employed individuals:

• Age: You should typically be between 21 and 65 years old.
• Income: You should have a stable and regular source of income sufficient to cover the loan MEIs. 
• Credit Score: You should have a good credit score, preferably 700 or above.
• Nationality: You should be either a resident or a non-resident Indian.