Kochi: Muthoot Fincorp, the leading NBFC, has announced an Onam offer on their Ladies Only Two Wheeler Loans with interest rates beginning from as low as 6.99%. In addition to this, if required, up to 100% funding can be availed, a news release from Muthoot Fincorp said.
George Muthoot, Director, Muthoot Pappachan Group, says that the Onam offer is to help empower Keralite women to buy two-wheelers without downpayment. 'The offer is part of our continuing commitment to assisting the marginalized sections of the market, including women and small traders,' he added.
Under this offer, loans up to Rs.35 lakh can be availed with a maximum tenure of 36 months. For those who avail of 100% funding, only one EMI needs to be paid at the beginning. The news release said that the offer would only be available for women until October 31, 2022.
