Original proof of identification. Any of the following are acceptable:
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Loan Scheme 
Annual Interest Rate 
Remarks 

Express Gold Loan  
22% 
In the event of nonpayment of interest every month the interest slab will be 24% p.a. retrospectively from the beginning. 

Express Gold Loan  
24% 
If interest is not remitted continuously for 3 months the rate of interest will be 27% p.a retrospectively from the beginning. 

Traders Flexi Gold Loan 
24% 

VyaparMitra Gold Loan 
18% 
In the event of nonpayment of interest above one month and up to two months the rate of interest will be 22% p.a. retrospectively from the beginning. 

VyaparMitra Gold Loan (All States except Kerala) Minimum  Rs 10,000 Maximum Rs 5,00,000 
20% 
In the event of nonpayment of interest above one month and up to two months the rate of interest will be 22% p.a. retrospectively from the beginning. 

EMI Gold Loan 
20% 
A grace period of three days will be provided to the customers for repayment of monthly EMIs. In an event if the customer fails to repay even after the grace period, then a default charge of 3% p.m will be charged on the defaulted EMI for the defaulted days 

Muthoot Multi Interest 


Muthoot Special Gold Loan 
15% 
If interest is not remitted continuously for 3 months the rate of interest will be 17% p.a retrospectively from the beginning. 
Loan Scheme  Annual Interest Rate (on diminishing balance) 
Remarks 
Express Gold Loan  Daily Interest Scheme (All states except Kerala)  24 p.a.% 
If interest is not remitted continuously for 3 months the rate of interest will be 27% p.a retrospectively from the beginning. If interest is not remitted continuously for 6 months the rate of interest will be 30% p.a retrospectively from the beginning. Further after 6 months, additional interest at 12%p.a will be charged on the defaulted interest amount for the completed months of default. 
Traders Flexi Gold Loan  24 p.a.% 

Express GoldLoan  upto Rs 2 lakhs (All states except Kerala) 
22 p.a.% 
In the event of nonpayment of interest every month the interest slab will be 24% p.a. retrospectively from the beginning. If interest is not remitted continuously for 3 months the rate of interest will be 27% p.a retrospectively from the beginning. If interest is not remitted continuously for 6 months the rate of interest will be 30% p.a retrospectively from the beginning Further after 6 months , additional interest at 12%p.a will be charged on the defaulted interest amount for the completed months of default 
Express GoldLoan  Daily Interest Scheme( Kerala)  22 p.a.% 

VyaparMitra Gold Loan Minimum  Rs 10,000 Maximum Rs 5,00,000 
18 p.a.% 
In the event of non payment of interest above one month and up to two months the rate of interest will be 22% p.a. retrospectively from the beginning. If there is default of above two months and up to 3 months the rate of interest will be 24%p.a. retrospectively from the beginning. If there is default of more than 3 months and up to 6 months the rate of interest will be 27% p.a. retrospectively from the beginning. If there is default of above 6 months the rate of interest will be 30%p.a retrospectively from the beginning. 
Muthoot Multi Interest  M 14 – 14 % p.a.  Loan Amount restricted to 70% of applicable LTV of the day
In the event of nonpayment of interest every month the interest slab will move to 17% p.a. retrospectively from the beginning. If interest is not remitted continuously for 3 months the rate of interest will be 21% p.a retrospectively from the beginning If interest not remitted continuously for 6 months the rate of interest will be 24% p.a retrospectively from the beginning If interest is not remitted continuously for 12 months the rate of interest will move to 27% p.a retrospectively from the beginning After 12 months, additional interest at 12%p.a will be charged on the defaulted interest amount for the completed months of default. 
M 18 18 % p.a.  Loan Amount restricted to 80% of applicable LTV of the day If interest is not remitted continuously for 3 months the rate of interest will be 22% p.a retrospectively from beginning. If interest is not remitted continuously for 6 months the rate of interest will be 24% p.a retrospectively from beginning. If interest is not remitted continuously for 12 months the rate of interest will move to 27%p.a retrospectively from beginning. After 12 months, additional interest at 12%p.a will be charged on the defaulted interest amount for the completed months of default. 

M 22 22 % p.a  Loan Amount restricted to 90% of applicable LTV of the day If interest is not remitted continuously for period above 6 months the rate of interest will be 24% p.a retrospectively from beginning. If interest is not remitted continuously for 12 months the rate of interest will move to 27%p.a retrospectively from beginning. After 12 months, additional interest at 12%p.a will be charged on the defaulted interest amount for the completed months of default. 

EMI Gold Loan Minimum loan amount Rs 25,000/ 
20% p.a.  In case if the customer does not pay the EMI even after the grace period of 3 days then additional rate of 3% per month will apply on the defaulted EMI for the defaulted no. of days. 
Muthoot Special Gold Loan Minimum loan amount  Rs 2,00,000/ 
15% p.a. 
If interest is not remitted continuously for 3 months the rate of interest will be 17% p.a retrospectively from the beginning. If interest is not remitted continuously for 6 months the rate of interest will be 20% p.a retrospectively from the beginning 
MSME loans
Maximum : Rs 50,000 /
Minimum : Rs 5,000/ Maximum: Rs 15,000/ 
24% p.a. 24% p.a. 
Repayment through daily installment (EDI) collected in 104 business days. Customer will be charged a default rate of 3% on the defaulted EDI, for delayed days, if the EDI is not paid consecutively for 30 days. Repayment through daily installment (EDI) collected in 104 business days. Customer will be charged a default rate of 3% on the defaulted EDI, for delayed days. 
In all cases interest slab will shift back to original rate at which the loan was availed if interest is paid up to date along with additional charges if any from the date of clearance of default.