Search Credit Card  

Muthoot Capital FD Interest Rates

Home Fixed Deposit Muthoot Capital FD Interest Rates

Muthoot Capital offers FD interest rates of 7.21%-8.38% p.a. to the general public and 7.71%-8.88% to the senior citizen depositors on tenures ranging from 1 year to 5 years. This NBFC has been accredited with a credit rating of of A+/Stable by CRISIL. As per CRISIL, 'A' credit rating indicates adequate safety regarding timely payment of interest and principal is satisfactory.

loading

Book SBM Bank FD @6.5%* p.a.

& Get a Lifetime Free Step Up Credit Card

  • Safe & Secure FD, Insured by RBI

  • No Savings A/c Required

  • FD Starts from Rs 2000

  • Card Limit = 90% of FD

*Rates are subject to change as per the bank's discretion.

KNOW MORE
loading

Invest in FD and Get Lifetime
FREE Step Up Credit Card

Apply Now loading
Language icon हिंदी में पढ़े
Updated: 17-12-2024 07:34:26 AM

Muthoot Capital FD Interest Rates (p.a.) Highlights 2024
Highest slab rate 8.38% (for 5 years)
For 1 year 7.21%
For 2 year 7.77%
For 3 year 8.07%
For 4 year 7.96%
For 5 year 8.38%
Tax-Saving FD –

The interest rates are updated as of 3 December 2024

Earn 6.5% p.a. on your FD & Get a lifetime free Step Up Credit Card

  • Card limit is 90% of FD Amount

  • Instant Virtual Card

Apply Now
stepup 6.5%INTEREST ON FD

Credit Rating of Muthoot Capital

Credit Rating Agency Rating Outlook
CRISIL A+ Stable

Muthoot Capital FD Interest Rates 2024

Fixed Deposit Interest Rates on Domestic deposits 

1. Cumulative Deposits (Maturity Plan) (Annual)

Period Interest Rates (% p.a.)
Regular Citizens Senior Citizens
1 year 7.21 7.71
1 year 1 day to 2 years 7.77 8.27
2 years 1 day to 3 years 8.07 8.57
4 years 7.96 8.46
5 years 8.38 8.88

Looking for Higher FD rates? Book an FD @6.5% p.a. and get a lifetime free credit card

  • FDs of up to ₹5 lakhs insured by RBI

  • No hassle of opening a saving account

  • No documentation

Apply Now
stepup

2. Non- Cumulative Deposits (Monthly Interest Plan)

Period/Term of Deposit Interest Rates (% p.a.)
For Regular Citizens For Senior Citizens
1 year 7.21 7.71
1 year 1 day to 2 years 7.49 7.99
2 years 1 day to 3 years 7.49 7.99
4 years 7.16 7.66
5 years 7.25 7.75
bureau meter

Book SBM Bank FD & Get Lifetime FREE Step UP Credit Card Apply Now

3. Non – Cumulative Deposits (Annual Interest Plan)

Period/Term of Deposit Interest Rates (% p.a.)
For Regular Citizens For Senior Citizens
1 year 7.45 7.95
1 year 1 day to less than 15 months 8.00 8.50
15 months 8.50 9.00
15 months 1 day to 2 years 8.00 8.50
2 years 1 day to 3 years 8.50 9.00
4 years 7.40 7.90
5 years 7.50 8.00

Types of Muthoot Capital Fixed Deposit Schemes

  • Scheme A: Non- Cumulative Deposits-Monthly Interest Plan wherein the interest amount is paid monthly
  • Scheme B: Non-Cumulative Deposits-Annual Interest Plan wherein interest is paid on an annual basis
  • Scheme C: Cumulative Maturity Plan wherein interest is compounded annually and is paid on maturity along with the principal amount
bureau meter

Get Secured Credit Card with credit limit of 90% of your FD Apply Now

Features of Muthoot Capital FD Schemes

  • Minimum deposit amount: Rs. 1,000
  • Tenure: 1 year – 5 years
  • Renewal facility is available on maturity date
  • Loan against FD: Available
  • Can be held jointly (max. 3 applicants)

Loan against Fixed Deposit

  • Loan against FD is available if the deposit account is active for a minimum of 3 months from the date of opening FD
  • Depositors can avail loan against 75% of the deposit amount
  • Depositors availing of the loan need to pay a 2% higher interest rate than the applicable interest rate on FD
  • Granting of loan is at the sole discretion of the Muthoot Capital
bureau meter

Get Lifetime FREE Step UP Credit Card With No Annual Fees Know More

Premature Withdrawal of Fixed Deposits

Premature withdrawal of fixed deposits is not allowed in the first 3 months from the date of the acceptance, except in case of death of the depositor. The interest payment on premature closure would be as follows:

  • Premature payment after 3 months but before 6 months: No interest will be paid. In case the interest has already been credited, it will be recovered from the principal amount before making the final settlement
  • Premature payment after 6 months but before the date of maturity:
    • The interest will be paid at 2% lower than the interest rate applicable for the duration for which the deposit has run
    • In case, no interest rate was specified, interest will be paid at 3% lower than the minimum rate at which deposits are accepted
    • If excess interest is paid, then it will be recovered from the principal amount before making the final settlement

 

Want to know about other fixed deposit schemes too? Check the link: Corporate/Company Fixed Deposits

 

Menu