NE BUSINESS BUREAU
KOCHI, JULY 15
Muthoot Finance, a leading Financial Services Brand and gold loan NBFC launches special cashback scheme – Muthoot Online Money Saver programme (MOMS) for customers paying interest online. This programme aims to boost digital usage among the customers during COVID-19. The cashback amount will be shown to the customers while making online payments and they can pay the interest amount after deducting the cash back from interest payable, a release said.
George Alexander Muthoot, Managing Director, Muthoot Finance, said “To accelerate the digital adoption, we are delighted to launch a very attractive assured interest cashback offer for our customers who pay gold loan interest online through Muthootonline.com and iMuthoot App in these unprecedented times.” The facility has been currently launched on Muthoot Online website and would be introduced on iMuthoot App by the end of this month. The slab based of interest payment eligible for cash back amount is given below.
| Muthoot Online Money Saver ( MOMS ) | |
| Interest Payment Value | Cashback Value |
| > Rs 50,000 | Rs 1501 |
| Rs 25,000 to Rs 49,999 | Rs 601 |
| Rs 10,000 to Rs 24,999 | Rs 201 |
| Rs 5,000 to Rs 9,999 | Rs 101 |
| Rs 2500 to Rs 4,999 | Rs 51 |
