Muthoot Housing Finance Co. Ltd COVID-19 Moratorium Period Request

In order to extend the relief to its customer under Regulatory Package announced by RBI vide its Notification ref. RBI/2019-20/244 DOR.No.BP.BC.71/21.04.048/2019-20 date May 23, 2020 has permitted the extension of the moratorium by another three months. Muthoot Housing Finance Company Ltd. (MHFCL) proposes the following:

  • An option to continue to make payment towards their loan or opt for moratorium/deferment of PEMI and EMI from 1st June 2020 to August 2020.
  • The moratorium/deferment of PEMI & EMI is Optional, not compulsory for Customers. It is temporary postponement of payment of EMI/Pre-EMI for the period from June 01 to August 31, 2020.
  • Interest shall continue to accrue on the outstanding amount of the loans during the moratorium period. The interest would be capitalised, and the residual tenure will be increased by month/s for moratorium granted of three months whichever is lower along with increase in EMI. This will not lead to any change in the terms and conditions of the loan with Muthoot Housing Finance Company Limited.
  • The customer who have not opted of the Moratorium period, MHFCL will continue the presentation of the cheques/ECS/NACH, etc for the collection of the loan instalments / dues.
  • Customers who wants to avail the deferment under the RBI circular, shall send a communication to opt for moratorium and can communicate to MHFCL by using any of the following modes.

You can apply below or write to us on or call on 1800-102-1616 for the moratorium

Customers are requested to fill the below form to request for Moratorium Period.

Muthoot Housing customers who have not opted for the moratorium option and whose installments have returned unpaid between June’20 till August’20, shall be deemed to have opted for availing the moratorium and necessary relief shall be provided to such borrowers as per RBI Circular.

Stay Safe, Stay Home.

*Terms and conditions apply