Muthoot Blue Grameen Jyoti (MBGJ) Livestock loan (LL) is designed towards upliftment & empowerment of our Rural Customers. Our Gold Loan for Livestock is a specific gold loan scheme offered exclusively to people in the rural areas looking towards owning and/or maintaining Livestock (homestead dairy/backyard poultry/goat rearing) for their livelihood. We offer options for microfinance, with loans starting from as low as Rs. 10,000 to help you create and sustain a better quality of life.
Key Features of Muthoot Blue Grameen Jyoti Gold Loans
- Loan amount of up to ₹ 99,999
- Maximum Tenure up to 12 months
- Maximum Permissible value for ornaments pledged
- Part release and part payment towards principal and interest are possible
- The interest rate of loans remains steady for a stipulated period even if there’s a delay in monthly payments.
- Payment can be done on a daily, weekly or monthly basis.
- Bullet payment of principal amount along with interest - you can choose to make one lump sum payment to repay the principal amount and interest
- Processing fee: Rs 12/- up to Loan Amount Rs.49999/- & Rs.20/- for Loan Amount in the range Rs.50000/- to Rs.99999/-
- Interest applicable on diminishing principal basis and only for applicable number of days in Reducing impact
Why Choose Muthoot Blue For Grameen Jyoti Gold Loans?
Muthoot Blue (Muthoot Pappachan Group) has a reputation that has been shaped over decades with high-quality practices, total customer satisfaction, and steady growth. Today, Muthoot FinCorp, our flagship company, is one of the largest NBFCs in India and we continue to work with the aim of providing timely credit to common man with Blue Soch. Hence, our Gold Loan for Livestock is specially created to help people in the rural areas create and sustain livelihoods with the help of their livestock.
- We have over 4200 branches across India. Visit your nearest Muthoot Blue branch to get a loan quickly and without any hassle.
- Nearly 1,00,000 customers walk into our branches daily and are assured of trustworthy and simple services.
- Our customer-centric approach and innovation over the past 133+ years without compromising on the God-given values of trust, truth, transparency and tradition is what helps us in empowering the human ambitions.
Visit your nearest Muthoot FinCorp branch now to get an instant Muthoot Gold Loan for Livestock!
Over 3600 branches across India
133+ years of legacy
18,000 Muthootians serving millions of customers
Walk in of over 1,00,000 customers a day